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 | 9.39% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 6.92% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 6.33% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 5.95% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 5.50% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 5.39% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 5.04% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 4.58% |
| T | AT&T Inc | Communication Services | Telecom Services | 4.58% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.87% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 3.85% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.76% |
| MO | Altria Group | Consumer Defensive | Tobacco | 3.66% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.58% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 2.73% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.70% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 2.70% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 2.65% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 2.45% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 2.40% |