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 | 4.07% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.91% |
| MO | Altria Group | Consumer Defensive | Tobacco | 3.77% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.67% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.51% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.45% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.32% |
| KDP | Keurig Dr Pepper Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.27% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.24% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.21% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.13% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.11% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.00% |
| KVUE | Kenvue Inc. | Consumer Defensive | Household & Personal Products | 2.97% |