NYSE | ETF
The fund is an actively managed exchange traded fund ("ETF") that seeks to achieve its investment objective by investing under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities.
The managers define "equity securities" to mean common stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), equity interests in real estate investment trusts ("REITs") and master limited partnerships ("MLPs").
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TDW | Tidewater Inc | Energy | Oil & Gas Equipment & Services | 10.16% |
| TLN | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 9.46% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 8.37% | ||
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 7.92% |
| IHS | IHS Holding Ltd | Real Estate | Real Estate Services | 7.75% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 5.76% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 5.26% |
| HCC | Warrior Met Coal Inc | Basic Materials | Coking Coal | 4.93% |
| AMR | Alpha Metallurgical Resources Inc | Basic Materials | Coking Coal | 4.36% |
| LYG | Lloyds Banking Group PLC ADR | Financial Services | Banks - Regional | 4.22% |
| VAL | Valaris Ltd | Energy | Oil & Gas Equipment & Services | 4.16% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.13% |
| ACIC | American Coastal Insurance Corp | Financial Services | Insurance - Property & Casualty | 4.06% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 4.04% |
| ASPI | ASP Isotopes Inc. Common Stock | Basic Materials | Chemicals | 3.52% |
| TDUP | ThredUp Inc | Consumer Cyclical | Internet Retail | 3.52% |
| UBER | Uber Technologies Inc | Technology | Software - Application | 3.43% |
| RYCEY | Rolls Royce Holdings plc | Industrials | Aerospace & Defense | 2.95% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 2.69% |
| FNMA | Federal National Mortgage Association | Financial Services | Mortgage Finance | 1.98% |