NYSE ARCA | ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price.
It will generally have net exposure of 75% - 110% long.
The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 5.97% |
| MTN | Vail Resorts Inc | Consumer Cyclical | Resorts & Casinos | 5.69% |
| AVA | Avista Corporation | Utilities | Utilities - Diversified | 5.10% |
| AMRZ | Amerize Inc. | Basic Materials | Building Materials | 4.96% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.92% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 4.87% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 4.68% |
| MO | Altria Group | Consumer Defensive | Tobacco | 4.63% |
| AGNCP | AGNC Investment Corp. | Real Estate | REIT - Mortgage | 4.56% |
| EPRPC | EPR Properties 5.75 % Cum Conv Pfd Registered Shs Series -C- | 4.52% | ||
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.46% |
| BERY | Berry Global Group Inc | Consumer Cyclical | Packaging & Containers | 4.40% |
| EPR-PC | EPR Properties | Real Estate | REIT - Specialty | 4.24% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 4.24% |
| HL | Hecla Mining Company | Basic Materials | Other Precious Metals & Mining | 4.22% |
| DE | Deere & Company | Industrials | Farm & Heavy Construction Machinery | 4.18% |
| PCG | PG&E Corp | Utilities | Utilities - Regulated Electric | 4.16% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 4.11% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 4.07% |
| WTRG | Essential Utilities Inc | Utilities | Utilities - Regulated Water | 4.05% |