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 |
|---|---|---|---|---|
| AVA | Avista Corporation | Utilities | Utilities - Diversified | 5.27% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 5.24% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 5.17% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 5.11% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.72% |
| AGNCP | AGNC Investment Corp. | Real Estate | REIT - Mortgage | 4.56% |
| EPRPC | EPR Properties 5.75 % Cum Conv Pfd Registered Shs Series -C- | 4.52% | ||
| MO | Altria Group | Consumer Defensive | Tobacco | 4.47% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.35% |
| AMRZ | Amerize Inc. | Basic Materials | Building Materials | 4.30% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 4.28% |
| WTRG | Essential Utilities Inc | Utilities | Utilities - Regulated Water | 4.21% |
| PCG | PG&E Corp | Utilities | Utilities - Regulated Electric | 4.19% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 4.18% |
| EPR-PC | EPR Properties | Real Estate | REIT - Specialty | 4.12% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.05% |
| UHS | Universal Health Services Inc | Healthcare | Medical Care Facilities | 3.94% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 3.94% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |