Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon Preferred Securities. The fund employs a replication strategy in seeking to track the performance of the Wells Fargo Hybrid and Preferred Securities Aggregate Index. It generally invests substantially all, but at least 80%, of total assets in the securities comprising the index. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $46.31 | Expense Ratio | 0.45% |
| YTD Return | 4.1% | Avg. 30-Day Volume | 91,927 |
| 1-Year Return | 10.3% | Market Cap | Loading... |
| Bid | $46.31 | Shares Outstanding | 8,950,000 |
| Ask | $46.33 | Dividends | $2.87 |
| Top 10 Holdings | |
|---|---|
| Wells Fargo & Co New (WFC-J) | 2.91% |
| Pnc Finl Svcs Group Inc (PNC-P) | 2.39% |
| Barclays Bank Plc (BCS-D) | 2.31% |
| Hsbc Hldgs Plc (HCS-B) | 2.26% |
| Metlife Inc (MET-B) | 2.18% |
| Goldman Sachs Group Inc (GSF) | 2.00% |
| Us Bancorp Del (USB-M) | 1.85% |
| Us Bancorp Del (USB-N) | 1.72% |
| Bb&T Corp (BBT-E) | 1.68% |
| Deutsche Bk Contgnt Cap Tr Iii (DTK) | 1.51% |
| % of Total Holdings | 20.80% |
