Description: The investment seeks capital appreciation and income. 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.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Long-Short Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 111.17 | 35.58 | 75.60 |
| Cash | 12.34 | 0.01 | 12.33 |
| NotClassified | 8.45 | 0.00 | 8.45 |
| Stock non-US | 3.62 | 0.00 | 3.62 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 19.17 | 14.76 |
| Consumer Cyclicals | 14.07 | 12.32 |
| Consumer Defensive | 12.32 | 5.40 |
| Industrials | 12.02 | 14.16 |
| Healthcare | 11.53 | 10.82 |
| Basic Materials | 10.17 | 2.92 |
| Communication Services | 7.16 | 8.72 |
| Energy | 3.96 | 3.97 |
| Technology | 3.91 | 21.91 |
| Utilities | 3.05 | 3.63 |
| Real Estate | 2.64 | 1.39 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 96.85 | 86.35 |
| United Kingdom | 3.15 | 2.19 |
| Japan | 0.00 | 2.85 |
| Australasia | 0.00 | 0.48 |
| Asia Emerging | 0.00 | 0.44 |
| Latin America | 0.00 | 0.19 |
| Asia Developed | 0.00 | 1.18 |
| Europe Emerging | 0.00 | 0.07 |
| Europe Developed | 0.00 | 5.92 |
| Africa/Middle East | 0.00 | 0.32 |