NYSE ARCA | ETF
Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of large capitalization companies.
The portfolio managers may sell stocks from the fund's portfolio if they believe a stock no longer meets their valuation criteria, a stock's risk parameters outweigh its return opportunity, more attractive alternatives are identified or specific events alter a stock's prospects.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 4.59% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.96% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 3.74% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.72% |
| UL | Unilever PLC ADR | Consumer Defensive | Household & Personal Products | 3.70% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.57% |
| RGA | Reinsurance Group of America | Financial Services | Insurance - Reinsurance | 3.45% |
| KVUE | Kenvue Inc. | Consumer Defensive | Household & Personal Products | 3.30% |
| OKE | ONEOK Inc | Energy | Oil & Gas Midstream | 3.25% |
| BDX | Becton Dickinson and Company | Healthcare | Medical Instruments & Supplies | 3.04% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 2.98% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 2.92% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.78% |
| 1BLK | BlackRock, Inc. | Financial Services | Asset Management | 2.69% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 2.68% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.62% |
| MDLZ | Mondelez International Inc | Consumer Defensive | Confectioners | 2.57% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 2.49% |
| NSC | Norfolk Southern Corporation | Industrials | Railroads | 2.48% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 2.34% |