NYSE ARCA | ETF
The fund will primarily invest inU. S. exchange-listed common stock and preferred stock.
The portfolio manager focuses on companies which appear underpriced relative to their private market value ("PMV").
Under normal market conditions, the fund invests at least 80% of its assets in stocks that are listed on a national securities exchange as defined under the Investment Company Act of 1940, as amended ("1940 Act").
The portfolio manager will invest in companies that, in the public market, are selling at a significant discount to the portfolio manager"s assessment of their PMV.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| EMR | Emerson Electric Company | Industrials | Specialty Industrial Machinery | 5.06% |
| ROK | Rockwell Automation Inc | Industrials | Specialty Industrial Machinery | 4.40% |
| AME | Ametek Inc | Industrials | Specialty Industrial Machinery | 4.18% |
| AZZ | AZZ Incorporated | Industrials | Specialty Business Services | 4.15% |
| CHKP | Check Point Software Technologies Ltd | Technology | Software - Infrastructure | 3.79% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 3.35% |
| ITT | ITT Inc | Industrials | Specialty Industrial Machinery | 3.25% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 3.22% |
| AMOT | Allied Motion Technologies Inc | Technology | Electronic Components | 3.18% |
| RSG | Republic Services Inc | Industrials | Waste Management | 2.99% |
| FSTR | LB Foster Company | Industrials | Railroads | 2.90% |
| REZI | Resideo Technologies Inc | Industrials | Industrial Distribution | 2.85% |
| GWW | WW Grainger Inc | Industrials | Industrial Distribution | 2.71% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 2.53% |
| TNC | Tennant Company | Industrials | Specialty Industrial Machinery | 2.48% |
| SPB | Spectrum Brands Holdings Inc | Consumer Defensive | Household & Personal Products | 2.46% |
| PTC | PTC Inc | Technology | Software - Application | 2.36% |
| GXO | GXO Logistics Inc | Industrials | Integrated Freight & Logistics | 2.23% |
| ITRI | Itron Inc | Technology | Scientific & Technical Instruments | 2.23% |
| KD | Kyndryl Holdings Inc | Technology | Information Technology Services | 2.22% |