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 | 4.05% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 4.03% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.86% |
| MO | Altria Group | Consumer Defensive | Tobacco | 3.85% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.79% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.73% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.71% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.58% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.52% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| KVUE | Kenvue Inc. | Consumer Defensive | Household & Personal Products | 3.36% |
| KDP | Keurig Dr Pepper Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.34% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.24% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.21% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.15% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.05% |