NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity and equity-related securities of issuers with a market capitalization within the range of the Russell 1000 Value Index and identified by the manager as having value characteristics.
The fund generally invests in the equity securities of issuers the manager believes are undervalued.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 4.01% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.01% |
| USFD | US Foods Holding Corp | Consumer Defensive | Food Distribution | 3.83% |
| MU | Micron Technology Inc | Technology | Semiconductors | 3.83% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.65% |
| COR | Cencora Inc. | Healthcare | Medical Distribution | 3.46% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 3.42% |
| CRH | CRH PLC ADR | Basic Materials | Building Materials | 3.36% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.14% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.12% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 3.04% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 2.91% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 2.87% |
| FE | FirstEnergy Corporation | Utilities | Utilities - Regulated Electric | 2.75% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.72% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 2.71% |
| NXPI | NXP Semiconductors NV | Technology | Semiconductors | 2.67% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 2.67% |
| CRH | CRH PLC | Basic Materials | Building Materials | 2.66% |
| UBER | Uber Technologies Inc | Technology | Software - Application | 2.66% |