NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend paying common stocks.
As part of its strategy, the fund, in order to generate additional portfolio income, will selectively write (i.e., sell) covered call options, on a target range of between 25-40% of the underlying equity securities owned by the fund (although the fundamental "value" features of the fund"s approach to portfolio security selection stated above take precedence over option writing potential in that process).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 4.45% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 4.26% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 4.20% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 4.01% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.91% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.83% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.83% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.72% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.66% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.52% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.50% |
| NVS | Novartis AG ADR | Healthcare | Drug Manufacturers - General | 3.48% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.40% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| KVUE | Kenvue Inc. | Consumer Defensive | Household & Personal Products | 3.16% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.11% |