NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities.
The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization.
The equity securities in which it invests are mainly common stocks.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MO | Altria Group | Consumer Defensive | Tobacco | 5.18% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 4.38% |
| T | AT&T Inc. | Communication Services | Telecom Services | 3.97% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.90% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 3.87% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.86% |
| QCOM | Qualcomm Incorporated | Technology | Semiconductors | 2.94% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 2.89% |
| PFE | Pfizer Inc | Healthcare | Drug Manufacturers - General | 2.77% |
| MU | Micron Technology Inc | Technology | Semiconductors | 2.76% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 2.76% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 2.75% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 2.74% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 2.67% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.64% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 2.63% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.62% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 2.61% |
| KHC | Kraft Heinz Co | Consumer Defensive | Packaged Foods | 2.61% |
| WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 2.60% |