NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity and equity-related securities of issuers with a market capitalization within the range of the Russell 1000 Value Index and identified by the manager as having value characteristics.
The fund generally invests in the equity securities of issuers the manager believes are undervalued.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 4.09% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 3.93% |
| USFD | US Foods Holding Corp | Consumer Defensive | Food Distribution | 3.76% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.50% |
| CRH | CRH PLC ADR | Basic Materials | Building Materials | 3.36% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.32% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.28% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 3.26% |
| COR | Cencora Inc. | Healthcare | Medical Distribution | 3.15% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 3.04% |
| K | Kinross Gold Corp | Basic Materials | Gold | 2.88% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 2.86% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 2.84% |
| CRH | CRH PLC | Basic Materials | Building Materials | 2.77% |
| HUBB | Hubbell Inc | Industrials | Electrical Equipment & Parts | 2.75% |
| FE | FirstEnergy Corporation | Utilities | Utilities - Regulated Electric | 2.75% |
| NXPI | NXP Semiconductors NV | Technology | Semiconductors | 2.74% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.74% |
| MU | Micron Technology Inc | Technology | Semiconductors | 2.73% |
| UBER | Uber Technologies Inc | Technology | Software - Application | 2.56% |