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 | 6.71% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 5.19% |
| PCG | PG&E Corp | Utilities | Utilities - Regulated Electric | 4.82% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.59% |
| AGNCP | AGNC Investment Corp. | Real Estate | REIT - Mortgage | 4.56% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 4.53% |
| EPRPC | EPR Properties 5.75 % Cum Conv Pfd Registered Shs Series -C- | 4.52% | ||
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| AMRZ | Amerize Inc. | Basic Materials | Building Materials | 4.24% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 4.18% |
| MO | Altria Group | Consumer Defensive | Tobacco | 4.13% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 4.11% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.01% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 4.00% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.97% |
| UHS | Universal Health Services Inc | Healthcare | Medical Care Facilities | 3.94% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 3.88% |
| CNNE | Cannae Holdings Inc | Consumer Cyclical | Restaurants | 3.86% |
| LW | Lamb Weston Holdings Inc | Consumer Defensive | Packaged Foods | 3.82% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |