NYSE ARCA | ETF
The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over 1 billion and a history of paying dividends, with the ability to increase dividends over time.
Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities.
The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| 1BLK | BlackRock, Inc. | Financial Services | Asset Management | 4.15% |
| ADP | Automatic Data Processing Inc | Technology | Software - Application | 3.99% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 3.93% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.91% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 3.86% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 3.85% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 3.81% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.80% |
| FAST | Fastenal Company | Industrials | Industrial Distribution | 3.70% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 3.56% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.29% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.23% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 3.21% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.10% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 2.96% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 2.78% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.74% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 2.72% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 2.71% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 2.70% |