NYSE ARCA | ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing 25-35 stocks of companies that pay dividends and expect to grow the dividends over time and are trading at attractive valuations at the time of the investment.
Under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, will be invested in equity securities, including common stocks and American Depositary Receipts (ADRs).
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 7.05% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 6.24% |
| MPLX | MPLX LP | Energy | Oil & Gas Midstream | 5.82% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 5.27% |
| NEE | Nextera Energy Inc | Utilities | Utilities - Regulated Electric | 4.94% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 4.60% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 4.21% |
| UPS | United Parcel Service Inc | Industrials | Integrated Freight & Logistics | 4.10% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 3.97% |
| HSY | Hershey Co | Consumer Defensive | Confectioners | 3.94% |
| T | AT&T Inc | Communication Services | Telecom Services | 3.79% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 3.72% |
| D | Dominion Energy Inc | Utilities | Utilities - Regulated Electric | 3.71% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 3.65% |
| BTI | British American Tobacco p.l.c. | Consumer Defensive | Tobacco | 3.63% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.58% |
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 3.43% |
| FE | FirstEnergy Corporation | Utilities | Utilities - Regulated Electric | 3.36% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.31% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 3.28% |