NYSE ARCA | ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price.
It will generally have net exposure of 75% - 110% long.
The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 5.68% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.86% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.68% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 4.65% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.50% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.30% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 4.29% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 4.22% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.22% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 4.11% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 4.03% |
| MMM | 3M Company | Industrials | Conglomerates | 4.01% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 3.94% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 3.93% |
| LW | Lamb Weston Holdings Inc | Consumer Defensive | Packaged Foods | 3.87% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 3.81% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.80% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 3.79% |