Holdings/Fund Details
Top Ten Holdings
as of 09/30/2020 subject to change
| Target Corp. | 4.22% |
| Johnson & Johnson | 3.95% |
| NextEra Energy Inc. | 3.67% |
| Novartis AG | 3.49% |
| JPMorgan Chase & Co. | 3.47% |
| Unilever NV | 3.44% |
| Genuine Parts Co. | 3.41% |
| Kimberly-Clark Corp. | 3.28% |
| Philip Morris International Inc. | 3.22% |
| Merck & Co. Inc. | 3.06% |
Portfolio Characteristics as of 12/31/2020
Retail
| Average P/E |
16.4 |
| 30 Day SEC Yield1 |
2.42% |
| 30-Day Unsubsidized SEC Yield 1 |
2.06% |
| 12 Month Trailing Distributed Yield 2 |
2.64% |
| Weighted Average Market Cap. |
$160 Billion |
| Median Market Cap. |
$122.8 Billion |
Risk Management as of 12/31/2020
Since Inception as compared to the S&P 500 ® Index:
| Beta3 |
0.82 |
| R-Squared4 |
90.88 |
| Standard Deviation (Fund) |
16.53 |
| Standard Deviation (Benchmark) |
19.28 |
Sector Breakdown as of 12/31/2020
Portfolio Allocation
as of 12/31/2020
130-day SEC yield is a compounded and annualized figure calculated according to a formula set by the SEC. The formula requires use of a specific methodology for calculating dividends and interest earned, and expenses accrued, during the period, and reflects the maximum offering price per fund share. The standardized computation is designed to facilitate yield comparisons among different funds. In the absence of temporary expense waivers or reimbursements by the Adviser, the 30-day yield would have been 2.06%.
212 Month Trailing Distributed Yield represents all distributions for over the past 12 months, divided by the net asset value at the time of the report plus any capital gains distributed over the past year. Capital gains are added back to estimate what the fund's ending price would have been had those gains not been distributed. While the Fund endeavors to pay monthly distributions, dividends are not guaranteed and a company's future ability to pay dividends may be limited and cease at any time.
3Beta is a measure of the volatility, or systematic risk, of a security of a portfolio in comparison to the market as a whole.
4R-squared is a statistical measure that represents the percentage of a fund or security’s movement that can be explained by movements in a benchmark index.
5Standard deviation is a statistical measurement that, when applied to the annual rate of return of an investment, sheds light on the historic volatility of an investment.
