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 |
|---|---|---|---|---|
| MDT | Medtronic PLC | Healthcare | Medical Devices | 4.38% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 4.13% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 3.96% |
| MMM | 3M Company | Industrials | Conglomerates | 3.73% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 3.64% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.62% |
| INTC | Intel Corporation | Technology | Semiconductors | 3.61% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 3.60% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 3.56% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.52% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.49% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.35% |
| VICI | VICI Properties Inc | Real Estate | REIT - Diversified | 3.35% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.33% |
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 3.20% | ||
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.20% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.19% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 3.13% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.08% |
| DEO | Diageo PLC ADR | Consumer Defensive | Beverages - Wineries & Distilleries | 3.08% |