NYSE | 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 | 8.51% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.14% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.53% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 2.46% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.24% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 1.98% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.67% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.59% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 1.57% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.43% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.41% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.40% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.39% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.30% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 1.27% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.22% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.18% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 1.15% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.14% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.14% |