NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend paying common stocks.
As part of its strategy, the fund, in order to generate additional portfolio income, will selectively write (i.e., sell) covered call options, on a target range of between 25-40% of the underlying equity securities owned by the fund (although the fundamental "value" features of the fund"s approach to portfolio security selection stated above take precedence over option writing potential in that process).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 4.71% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 4.56% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 4.38% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 4.00% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.87% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.71% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.69% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.56% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| PPL | PPL Corporation | Utilities | Utilities - Regulated Electric | 3.50% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 3.48% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 3.30% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 3.27% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.09% |
| DEO | Diageo PLC ADR | Consumer Defensive | Beverages - Wineries & Distilleries | 3.08% |