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 |
|---|---|---|---|---|
| CHKP | Check Point Software Technologies Ltd | Technology | Software - Infrastructure | 5.27% |
| EMR | Emerson Electric Company | Industrials | Specialty Industrial Machinery | 5.07% |
| AZZ | AZZ Incorporated | Industrials | Specialty Business Services | 4.53% |
| AME | Ametek Inc | Industrials | Specialty Industrial Machinery | 4.34% |
| ROK | Rockwell Automation Inc | Industrials | Specialty Industrial Machinery | 4.16% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.08% |
| RSG | Republic Services Inc | Industrials | Waste Management | 3.75% |
| ITT | ITT Inc | Industrials | Specialty Industrial Machinery | 3.27% |
| GWW | WW Grainger Inc | Industrials | Industrial Distribution | 3.00% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.86% |
| AMOT | Allied Motion Technologies Inc | Technology | Electronic Components | 2.78% |
| KD | Kyndryl Holdings Inc | Technology | Information Technology Services | 2.67% |
| FSTR | LB Foster Company | Industrials | Railroads | 2.67% |
| REZI | Resideo Technologies Inc | Industrials | Industrial Distribution | 2.59% |
| BDC | Belden Inc | Technology | Communication Equipment | 2.54% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 2.52% |
| AZEK | Azek Company Inc | Industrials | Building Products & Equipment | 2.25% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 2.16% |
| AEM | Agnico Eagle Mines Limited | Basic Materials | Gold | 2.13% |
| JCI | Johnson Controls International PLC | Industrials | Building Products & Equipment | 2.11% |