Portfolio

Sector Concentration

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

Sector %
Bank 57.35 %
Insurance 22.40 %
Utility 8.69 %
Energy 6.18 %
Miscellaneous 4.17 %
Communications 0.48 %
Finance 0.42 %
REIT 0.33 %
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 %
MetLife 4.82 %
JPMorgan Chase 4.63 %
PNC Financial Services Group 4.54 %
Wells Fargo & Company 4.18 %
Liberty Mutual Group 3.82 %
BNP Paribas 3.48 %
Citigroup 3.43 %
Morgan Stanley 3.28 %
Fifth Third Bancorp 2.98 %
Enbridge Energy Partners 2.96 %
XL Group Limited 2.72 %
Bank of America Corporation 2.43 %
CoBank ACB 2.10 %
New York Community Bancorp 2.05 %
QBE Insurance Group Limited 1.90 %
Barclays Bank PLC 1.59 %
Standard Chartered PLC 1.58 %
HSBC PLC 1.55 %
Texas Capital Bancshares, Inc. 1.54 %
Delphi Financial 1.54 %
Land O Lakes 1.51 %
Goldman Sachs Group 1.47 %
Dominion Energy Inc 1.47 %
First Horizon National Corporation 1.43 %
PartnerRe Ltd 1.39 %

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 0.56 %
Baa 56.49 %
Ba 32.94 %
B 0.73 %
Below B 0.00 %
Not Rated 9.28 %

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 76.20 %
Bermuda 5.60 %
United Kingdom 5.60 %
France 3.90 %
Australia 3.80 %
Canada 2.50 %
Netherlands 1.10 %
Spain 1.00 %
Mexico 0.20 %

This data is subject to change on a daily basis.