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 |
|---|---|---|---|---|
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 4.55% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 4.15% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.92% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.91% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.74% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 3.70% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.69% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.58% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.56% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.53% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.41% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.38% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.30% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| DEO | Diageo PLC ADR | Consumer Defensive | Beverages - Wineries & Distilleries | 3.08% |