NYSE ARCA | ETF
The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over 1 billion and a history of paying dividends, with the ability to increase dividends over time.
Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities.
The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 4.86% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.43% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 4.34% |
| 1BLK | BlackRock, Inc. | Financial Services | Asset Management | 4.15% |
| NEE | Nextera Energy Inc | Utilities | Utilities - Regulated Electric | 4.11% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.80% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 3.77% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 3.65% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 3.64% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 3.31% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.26% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 3.16% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 3.15% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 3.14% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 3.07% |
| TEL | TE Connectivity Ltd | Technology | Electronic Components | 2.89% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 2.84% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 2.71% |
| ADI | Analog Devices Inc | Technology | Semiconductors | 2.66% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 2.63% |