Portfolio

Sector Concentration

as of 3/31/17 (percentage of securities)

Sector %
Bank 52.37 %
Finance 0.24 %
Insurance 25.21 %
Utility 11.69 %
REIT 0.55 %
Energy 5.36 %
Communications 0.55 %
Govt 0.00 %
Miscellaneous 4.02 %

This data is subject to change on a daily basis.

Top 25 Issuers

as of 3/31/17 (percentage of securities)

Name %
JPMorgan Chase 4.82 %
PNC Financial Services Group 4.79 %
MetLife 4.65 %
Wells Fargo & Company 4.04 %
Liberty Mutual Group 3.60 %
Citigroup 3.54 %
Fifth Third Bancorp 3.40 %
BNP Paribas 3.27 %
Enbridge Energy Partners 2.98 %
XL Group Limited 2.53 %
Georgia Power 2.31 %
HSBC PLC 2.28 %
CoBank ACB 2.12 %
New York Community Bancorp 2.05 %
Axis Capital Holdings Ltd 1.97 %
QBE Insurance Group Limited 1.94 %
Bank of America Corporation 1.83 %
Zions Bancorporation 1.75 %
Morgan Stanley 1.58 %
Standard Chartered PLC 1.55 %
Delphi Financial 1.54 %
Dominion Resources 1.49 %
PartnerRe Ltd 1.47 %
First Horizon National Corporation 1.45 %
Land O Lakes 1.41 %

This data is subject to change on a daily basis.

 

Credit Quality

as of 3/31/17 (percentage of securities)

Moody's Ratings %
Aaa 0.00 %
Aa 0.00 %
A 1.06 %
Baa 63.22 %
Ba 26.56 %
B 0.22 %
Below B 0.00 %
Not Rated 8.93 %

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 3/31/17 (percentage of securities)

Country%
United States 76.40 %
Bermuda 8.40 %
United Kingdom 4.60 %
France 3.50 %
Australia 3.30 %
Canada 2.50 %
Netherlands 1.20 %

This data is subject to change on a daily basis.