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
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 |