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 | 8.36% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 6.33% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 5.52% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 5.03% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 5.02% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 4.92% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 4.27% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.94% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.91% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 3.81% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 3.48% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.42% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.36% |
| MO | Altria Group | Consumer Defensive | Tobacco | 3.14% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.90% |
| IBM | International Business Machines | Technology | Information Technology Services | 2.77% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 2.73% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 2.70% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 2.45% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.37% |