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 | 3.90% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.90% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.87% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.82% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.74% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.67% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.60% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.56% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.56% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 3.55% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.43% |
| KDP | Keurig Dr Pepper Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.41% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.22% |
| DEO | Diageo PLC ADR | Consumer Defensive | Beverages - Wineries & Distilleries | 3.21% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% |