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 |
|---|---|---|---|---|
| LW | Lamb Weston Holdings Inc | Consumer Defensive | Packaged Foods | 5.37% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 5.03% |
| MO | Altria Group | Consumer Defensive | Tobacco | 4.84% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 4.70% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.62% |
| VTRS | Viatris Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 4.55% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 4.51% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.50% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.50% |
| FIS | Fidelity National Information Services Inc | Technology | Information Technology Services | 4.47% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 4.39% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.27% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 4.26% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.19% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 3.94% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.93% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 3.88% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 3.85% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |