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 |
|---|---|---|---|---|
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 4.62% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 4.16% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.89% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.78% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.60% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.60% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.59% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.55% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| NVS | Novartis AG ADR | Healthcare | Drug Manufacturers - General | 3.48% |
| CAG | ConAgra Foods Inc | Consumer Defensive | Packaged Foods | 3.40% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.37% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.34% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.34% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.30% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.23% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% |