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 | 6.31% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.28% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.16% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.60% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 2.46% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.71% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.70% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.50% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.45% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.45% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 1.36% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.34% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.32% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 1.31% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.14% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 1.14% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 1.09% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.09% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 1.09% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.04% |