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 | 4.78% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 4.45% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 4.08% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.73% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.72% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.68% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.66% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.59% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.58% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| NVS | Novartis AG ADR | Healthcare | Drug Manufacturers - General | 3.48% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.45% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.37% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| CAG | ConAgra Foods Inc | Consumer Defensive | Packaged Foods | 3.17% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.16% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.16% |