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 |
|---|---|---|---|---|
| MDT | Medtronic PLC | Healthcare | Medical Devices | 4.63% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 4.32% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.96% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.56% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 3.50% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.46% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.46% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.42% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 3.33% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.26% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.21% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.21% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| BDX | Becton Dickinson and Company | Healthcare | Medical Instruments & Supplies | 3.18% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.15% |