Portfolio

Sector Concentration

as of 11/30/19 (percentage of securities)

Sector %
Bank 57.63 %
Finance 2.33 %
Insurance 21.10 %
Utility 7.30 %
REIT 0.21 %
Energy 7.23 %
Communications 0.88 %
Govt 0.00 %
Misc 3.31 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 11/30/19 (percentage of securities)

Name %
MetLife 4.39 %
PNC Financial Services Group 4.06 %
Morgan Stanley 3.86 %
Liberty Mutual Group 3.85 %
Citigroup 3.72 %
Fifth Third Bancorp 3.50 %
Energy Transfer Operating, L.P. 3.33 %
BNP Paribas 3.25 %
JPMorgan Chase 3.09 %
Wells Fargo & Company 2.69 %
Barclays Bank PLC 2.42 %
Unum Group 2.37 %
HSBC PLC 2.36 %
Societe Generale 1.98 %
New York Community Bancorp 1.95 %
QBE Insurance Group Limited 1.79 %
Land O Lakes 1.74 %
CoBank ACB 1.69 %
Huntington Bancshares 1.58 %
Standard Chartered PLC 1.55 %
Texas Capital Bancshares, Inc. 1.54 %
Banco Bilbao Vizcaya Argentaria, S.A. 1.47 %
Goldman Sachs Group 1.45 %
TransCanada Corporation 1.38 %
M&T Bank Corporation 1.35 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 11/30/19 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 0.34 %
Baa 50.70 %
Ba 35.25 %
B 1.04 %
Below B 0.00 %
Not Rated 12.66 %

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 10/31/19 (percentage of securities)

Country%
United States 73.40 %
United Kingdom 7.60 %
France 5.70 %
Bermuda 3.50 %
Canada 3.40 %
Australia 2.30 %
Spain 1.30 %
Switzerland 1.20 %
Ireland 0.80 %
Mexico 0.40 %
Netherlands 0.30 %

This data is subject to change on a daily basis.