NYSE ARCA | ETF
The fund employs an indexing investment approach designed to track the performance of the the Target Index, which consists of common stocks of companies that pay dividends that generally are higher than average (excluding real estate investment trusts ("REITs")).
Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 7.29% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.38% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.54% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 2.46% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.36% |
| XXON | Exxon Mobil Corp. | 2.36% | ||
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 2.01% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 1.92% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.85% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.56% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.56% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.46% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.42% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.32% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 1.31% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.28% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.17% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.15% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 1.12% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.10% |