Description: The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.
Exchange: BATS
Country: US : United States of America
Currency: US Dollar ($)
Category: Tactical Allocation
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 331.59 | 56.61 | 274.98 |
| Stock US | 51.91 | 0.51 | 51.40 |
| Stock non-US | 17.28 | 0.04 | 17.24 |
| Other | 10.86 | 3.48 | 7.38 |
| NotClassified | 6.95 | 0.00 | 6.95 |
| Cash | 228.11 | 486.07 | -257.95 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Energy | 45.95 | 6.85 |
| Technology | 14.12 | 18.14 |
| Utilities | 8.46 | 3.69 |
| Healthcare | 5.61 | 15.52 |
| Industrials | 5.32 | 10.91 |
| Real Estate | 4.86 | 4.08 |
| Consumer Cyclicals | 4.31 | 10.20 |
| Financial Services | 3.99 | 13.74 |
| Communication Services | 3.05 | 4.89 |
| Basic Materials | 2.54 | 4.56 |
| Consumer Defensive | 1.78 | 7.41 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 79.60 | 80.22 |
| Europe Developed | 8.54 | 8.08 |
| United Kingdom | 3.18 | 4.27 |
| Asia Emerging | 3.09 | 2.20 |
| Asia Developed | 2.84 | 1.91 |
| Japan | 0.89 | 2.08 |
| Australasia | 0.71 | 0.51 |
| Latin America | 0.61 | 0.37 |
| Africa/Middle East | 0.47 | 0.27 |
| Europe Emerging | 0.08 | 0.04 |