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 |
|---|---|---|---|---|
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.78% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 4.75% |
| LW | Lamb Weston Holdings Inc | Consumer Defensive | Packaged Foods | 4.72% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.70% |
| MO | Altria Group | Consumer Defensive | Tobacco | 4.69% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 4.67% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 4.49% |
| FIS | Fidelity National Information Services Inc | Technology | Information Technology Services | 4.48% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 4.46% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 4.44% |
| VTRS | Viatris Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 4.44% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.37% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.10% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.09% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 3.89% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.81% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 3.81% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.72% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 3.64% |