Portfolio

Sector Concentration

as of 3/31/21 (percentage of securities)

Sector %
Bank 58.20 %
Insurance 21.56 %
Energy 6.98 %
Utility 6.77 %
Misc 3.04 %
Finance 2.43 %
Communications 0.90 %
REIT 0.11 %
Govt 0.00 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 3/31/21 (percentage of securities)

Name %
MetLife 4.36 %
Citigroup 4.09 %
Liberty Mutual Group 3.76 %
Morgan Stanley 3.69 %
Energy Transfer Operating LP 3.38 %
Fifth Third Bancorp 3.12 %
JPMorgan Chase 2.87 %
BNP Paribas 2.78 %
Barclays Bank PLC 2.66 %
Wells Fargo & Company 2.48 %
PNC Financial Services Group 2.46 %
HSBC PLC 2.39 %
Unum Group 2.24 %
Societe Generale 2.07 %
New York Community Bancorp 2.00 %
QBE Insurance Group Limited 1.99 %
Huntington Bancshares 1.94 %
Land O Lakes 1.83 %
Texas Capital Bancshares, Inc. 1.75 %
CoBank ACB 1.65 %
Standard Chartered PLC 1.64 %
Athene Holding Ltd 1.55 %
Banco Bilbao Vizcaya Argentaria, S.A. 1.52 %
Regions Financial Corporation 1.45 %
Commonwealth Edison 1.42 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 3/31/21 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 0.32 %
Baa 46.23 %
Ba 36.02 %
B 1.10 %
Below B 0.00 %
Not Rated 16.33 %

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 2/28/21 (percentage of securities)

Country%
United States 74.10 %
United Kingdom 7.30 %
France 5.40 %
Bermuda 3.50 %
Canada 3.10 %
Australia 2.30 %
Switzerland 1.60 %
Spain 1.30 %
Ireland 0.80 %
Mexico 0.50 %
Netherlands 0.10 %
Germany 0.10 %

This data is subject to change on a daily basis.