Portfolio

Sector Concentration

as of 7/31/18 (percentage of securities)

Sector %
Bank 61.77 %
Finance 0.98 %
Insurance 21.12 %
Utility 4.21 %
REIT 0.04 %
Energy 9.32 %
Communications 0.43 %
Govt 0.00 %
Misc 2.12 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 7/31/18 (percentage of securities)

Name %
Citigroup 4.88 %
Morgan Stanley 4.40 %
PNC Financial Services Group 4.07 %
MetLife 4.03 %
Liberty Mutual Group 3.42 %
JPMorgan Chase 3.19 %
Lloyds Banking Group PLC 2.92 %
HSBC PLC 2.86 %
Enbridge Energy Partners 2.73 %
Fifth Third Bancorp 2.73 %
Wells Fargo & Company 2.68 %
Goldman Sachs Group 2.45 %
XL Group Limited 2.37 %
Regions Financial Corporation 2.37 %
Bank of America Corporation 2.30 %
M&T Bank Corporation 2.30 %
New York Community Bancorp 2.03 %
QBE Insurance Group Limited 1.98 %
Societe Generale 1.97 %
BNP Paribas 1.93 %
Zions Bancorporation 1.88 %
Land O Lakes 1.88 %
DCP Midstream LLC 1.75 %
Huntington Bancshares 1.64 %
Texas Capital Bancshares, Inc. 1.60 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 7/31/18 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 0.17 %
Baa 49.98 %
Ba 36.12 %
B 2.16 %
Below B 0.00 %
Not Rated 11.58 %

This data is subject to change on a daily basis.

Geographic Breakdown

as of 7/31/18 (percentage of securities)

Country%
United States 72.90 %
United Kingdom 9.40 %
France 5.10 %
Bermuda 4.70 %
Australia 3.20 %
Canada 1.70 %
Netherlands 1.30 %
Spain 0.90 %
Switzerland 0.40 %
Mexico 0.20 %
Ireland 0.20 %

This data is subject to change on a daily basis.

 

Credit quality is an assessment of the credit worthiness of an issuer of the underlying security and not the Fund or its shares. Bonds with a credit rating of Ba or lower are considered below investment grade. “Not Rated” includes options, common stock and unrated securities by Moody’s. Ratings are subject to change. This data is subject to change on a daily basis. Ratings shown are assigned by Moody’s.