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 | 5.63% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 4.38% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 4.02% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 3.95% |
| T | AT&T Inc. | Communication Services | Telecom Services | 3.76% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 2.89% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.84% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 2.82% |
| WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 2.79% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.78% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 2.78% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.76% |
| AMT | American Tower Corp | Real Estate | REIT - Specialty | 2.76% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 2.76% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 2.73% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 2.71% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 2.70% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.67% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 2.65% |
| PFE | Pfizer Inc | Healthcare | Drug Manufacturers - General | 2.62% |