Portfolio

Sector Concentration

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

Sector %
Bank 56.28 %
Insurance 22.08 %
Utility 10.20 %
Energy 6.06 %
Misc 3.36 %
Finance 1.03 %
REIT 0.54 %
Communications 0.45 %
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 %
JPMorgan Chase 4.59 %
MetLife 4.45 %
PNC Financial Services Group 4.44 %
Wells Fargo & Company 4.30 %
Liberty Mutual Group 3.75 %
Citigroup 3.45 %
Morgan Stanley 3.43 %
BNP Paribas 3.32 %
Fifth Third Bancorp 3.16 %
XL Group Limited 2.91 %
Enbridge Energy Partners 2.86 %
New York Community Bancorp 2.04 %
Barclays Bank PLC 1.90 %
QBE Insurance Group Limited 1.87 %
Bank of America Corporation 1.87 %
CoBank ACB 1.80 %
Unum Group 1.57 %
Texas Capital Bancshares, Inc. 1.54 %
Land O Lakes 1.47 %
Standard Chartered PLC 1.46 %
Dominion Energy Inc 1.46 %
M&T Bank Corporation 1.41 %
Puget Energy 1.40 %
Commonwealth Edison 1.37 %
HSBC PLC 1.35 %

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 0.67 %
Baa 57.94 %
Ba 32.19 %
B 0.69 %
Below B 0.00 %
Not Rated 8.52 %

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 12/31/17 (percentage of securities)

Country%
United States 75.90 %
Bermuda 5.70 %
United Kingdom 5.60 %
France 4.40 %
Australia 3.30 %
Canada 2.40 %
Netherlands 1.30 %
Spain 1.00 %
Mexico 0.20 %
Ireland 0.20 %

This data is subject to change on a daily basis.