NYSE ARCA | ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.
The underlying index is comprised of qualified income paying securities that are screened for superior company quality and financial health as determined by Morningstar, Inc.'s proprietary index methodology.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 8.10% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 6.33% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 5.15% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 5.12% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 4.92% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 4.83% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 4.27% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 4.19% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 4.10% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.85% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 3.52% |
| MO | Altria Group | Consumer Defensive | Tobacco | 3.18% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.17% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.08% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.06% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.01% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 2.73% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 2.70% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 2.50% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.46% |