Description: The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Derivative Income
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock US | 120.48 | 0.00 | 120.48 |
Cash | 19.12 | 0.01 | 19.10 |
Stock non-US | 0.00 | 39.58 | -39.58 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Industrials | 41.87 | 9.41 |
Healthcare | 18.09 | 14.53 |
Technology | 16.07 | 24.81 |
Financial Services | 12.22 | 12.12 |
Consumer Cyclicals | 5.89 | 10.79 |
Consumer Defensive | 3.94 | 8.40 |
Basic Materials | 1.93 | 2.16 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 100.00 | 91.32 |
Japan | 0.00 | 0.69 |
Australasia | 0.00 | 0.16 |
Asia Emerging | 0.00 | 0.40 |
Latin America | 0.00 | 0.19 |
Asia Developed | 0.00 | 0.55 |
United Kingdom | 0.00 | 2.75 |
Europe Developed | 0.00 | 3.93 |
Africa/Middle East | 0.00 | 0.02 |