Portfolio

Sector Concentration

as of 6/30/19 (percentage of securities)

Sector %
Bank 56.53 %
Finance 1.70 %
Insurance 23.77 %
Utility 7.34 %
REIT 0.15 %
Energy 6.22 %
Communications 0.86 %
Govt 0.00 %
Misc 3.43 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 6/30/19 (percentage of securities)

Name %
MetLife 4.31 %
PNC Financial Services Group 4.20 %
Citigroup 3.85 %
Liberty Mutual Group 3.84 %
Fifth Third Bancorp 3.61 %
JPMorgan Chase 3.51 %
Energy Transfer Operating, L.P. 3.51 %
Morgan Stanley 3.49 %
Wells Fargo & Company 3.29 %
BNP Paribas 3.26 %
Barclays Bank PLC 2.37 %
HSBC PLC 2.34 %
Unum Group 2.28 %
XL Group Limited 2.19 %
New York Community Bancorp 1.90 %
Societe Generale 1.90 %
Land O Lakes 1.82 %
QBE Insurance Group Limited 1.82 %
CoBank ACB 1.67 %
Huntington Bancshares 1.61 %
Texas Capital Bancshares, Inc. 1.59 %
Standard Chartered PLC 1.56 %
Goldman Sachs Group 1.47 %
Delphi Financial 1.41 %
M&T Bank Corporation 1.37 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 6/30/19 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 0.52 %
Baa 54.13 %
Ba 33.45 %
B 1.08 %
Below B 0.00 %
Not Rated 10.83 %

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.

Geographic Breakdown

as of 6/30/19 (percentage of securities)

Country%
United States 73.50 %
United Kingdom 7.50 %
Bermuda 5.80 %
France 5.60 %
Canada 2.80 %
Australia 2.30 %
Spain 0.90 %
Switzerland 0.80 %
Netherlands 0.40 %
Mexico 0.20 %
Ireland 0.20 %

This data is subject to change on a daily basis.