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 | 6.49% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 6.03% | ||
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.85% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.66% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 4.56% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 4.36% |
| AWK | American Water Works | Utilities | Utilities - Regulated Water | 4.35% |
| AMRZ | Amerize Inc. | Basic Materials | Building Materials | 4.19% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.19% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 4.18% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 4.12% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 4.10% |
| LW | Lamb Weston Holdings Inc | Consumer Defensive | Packaged Foods | 4.05% |
| MO | Altria Group | Consumer Defensive | Tobacco | 4.04% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 3.91% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 3.87% |
| MMM | 3M Company | Industrials | Conglomerates | 3.83% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.69% |