NYSE ARCA | ETF
The fund employs an indexing investment approach designed to track the performance of the the Target Index, which consists of common stocks of companies that pay dividends that generally are higher than average (excluding real estate investment trusts ("REITs")).
Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 6.51% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.38% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.84% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.64% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 2.46% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.81% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.73% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.67% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.54% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 1.52% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 1.40% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.39% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 1.39% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.38% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.28% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 1.20% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.18% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 1.13% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 1.08% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.06% |