Portfolio

Sector Concentration

as of 1/31/18 (percentage of securities)

Sector %
Bank 62.67 %
Insurance 20.75 %
Energy 8.34 %
Utility 5.02 %
Misc 2.13 %
Finance 0.61 %
Communications 0.39 %
REIT 0.09 %
Govt 0.00 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 1/31/18 (percentage of securities)

Name %
Citigroup 4.51 %
Morgan Stanley 4.35 %
MetLife 4.20 %
Bank of America Corporation 4.14 %
PNC Financial Services Group 3.99 %
Liberty Mutual Group 3.54 %
JPMorgan Chase 3.16 %
Lloyds Banking Group PLC 3.15 %
Fifth Third Bancorp 2.76 %
Goldman Sachs Group 2.74 %
Enbridge Energy Partners 2.65 %
Wells Fargo & Company 2.62 %
XL Group Limited 2.49 %
M&T Bank Corporation 2.32 %
Regions Financial Corporation 2.32 %
New York Community Bancorp 2.05 %
QBE Insurance Group Limited 2.02 %
BNP Paribas 2.01 %
Societe Generale 1.96 %
Land O Lakes 1.88 %
Zions Bancorporation 1.87 %
Kinder Morgan 1.80 %
DCP Midstream LLC 1.74 %
HSBC PLC 1.68 %
Texas Capital Bancshares, Inc. 1.54 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 1/31/18 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 0.16 %
Baa 49.49 %
Ba 36.71 %
B 1.76 %
Below B 0.00 %
Not Rated 11.87 %

This data is subject to change on a daily basis.

Geographic Breakdown

as of 12/31/17 (percentage of securities)

Country%
United States 74.70 %
United Kingdom 7.90 %
France 5.20 %
Bermuda 4.30 %
Australia 3.30 %
Canada 1.70 %
Netherlands 1.30 %
Spain 1.10 %
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.