Prepare and Protect:

Let us help you navigate the cycles

ACTIVE RISK-MANAGED ETFS

 

WBI’s active investment process seeks to manage risk to capital, unleash the benefits of compounding, and grow capital efficiently through good and bad market cycles. Our Bull|Bear ETFs combine our time-tested, multi-factor security selection models with our advanced dynamic trailing stop process to protect capital.

POWER FACTOR® ETFS

 

WBI’s multi-factor security selection models have been time-tested over three decades to develop the most powerful factor combinations to find the strongest dividend stocks to buy. Our Power Factor ETF unleashes the power of WBI’s sophisticated security selection to identify 50 stocks that have a deep value bias, quality fundamentals, and an attractive yield. Quarterly rebalancing provides a more active approach than you would find in similar offerings.

FEATURED PRODUCTS

WBIF

WBI Bull|Bear
Value 3000 ETF

WBIY

WBI Power Factor® High Dividend ETF

WBIG

WBI Bull|Bear
Yield 3000 ETF

WBIL

WBI Bull|Bear
Quality 3000 ETF

ALL FUNDS

Fund Information
As of: 12/08/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$27.62
$0.12
0.33%
Fund Goals

  • Multi-factor smart beta ETF
  • Power Factor® approach focuses on generating the highest dividend yield with a deep value bias and multi-factor fundamental analysis to confirm quality
  • Designed to track the Solactive Power Factor® High Dividend Index

Prices
As of: 12/08/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,050,000
56.63
$27.59
10,038
-0.12%
1.00%
Performance Month End
As of: 11/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
10.14%
5.48%
5.04%
-0.75%
11.90%
6.14
6.23%
Market
10.14%
5.43%
4.81%
-0.88%
11.86%
6.11
6.21%
Performance Quarter End
As of: 09/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
-4.64
-0.66
-0.41
15.35
16.48
4.17
5.55
Market
-4.71
-0.86
-0.59
15.09
16.43
4.16
5.54

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

Fund Characteristics
As of: 10/31/2023
30-Day SEC Yield  
5.78%
 

WBIY Top Holdings
As of: 12/11/2023
Security Name Weightings Shares
VERIZON COMMUNICATIONS INC
ALTRIA GROUP INC
MACYS INC
KRAFT HEINZ CO
BEST BUY INC
DOW INC
KINDER MORGAN INC DEL
ONEOK INC NEW
INTERNATIONAL PAPER CO
LYONDELLBASELL INDUSTRIES N V SHS - A -
8.11%
6.49%
5.99%
4.60%
4.59%
4.43%
4.40%
4.31%
4.30%
4.23%
120,055
88,978
195,074
71,977
35,610
49,318
140,828
35,759
66,133
25,863
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/11/2023WBIYVZ92343V104VERIZON COMMUNICATIONS INC120,05538.2500004592103.758.11%56629200.00205000041.0000000000000.00
12/11/2023WBIYMO02209S103ALTRIA GROUP INC88,97841.3000003674791.406.49%56629200.00205000041.0000000000000.00
12/11/2023WBIYM55616P104MACYS INC195,07417.3900003392336.865.99%56629200.00205000041.0000000000000.00
12/11/2023WBIYKHC500754106KRAFT HEINZ CO71,97736.2300002607726.714.60%56629200.00205000041.0000000000000.00
12/11/2023WBIYBBY086516101BEST BUY INC35,61073.0700002602022.704.59%56629200.00205000041.00000000000032761.20
12/11/2023WBIYDOW260557103DOW INC49,31850.9200002511272.564.43%56629200.00205000041.0000000000000.00
12/11/2023WBIYKMI49456B101KINDER MORGAN INC DEL140,82817.7000002492655.604.40%56629200.00205000041.0000000000000.00
12/11/2023WBIYOKE682680103ONEOK INC NEW35,75968.2400002440194.164.31%56629200.00205000041.0000000000000.00
12/11/2023WBIYIP460146103INTERNATIONAL PAPER CO66,13336.8400002436339.724.30%56629200.00205000041.0000000000000.00
12/11/2023WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -25,86392.5800002394396.544.23%56629200.00205000041.0000000000000.00
12/11/2023WBIYVTRS92556V106VIATRIS INC196,7669.8300001934209.783.42%56629200.00205000041.0000000000000.00
12/11/2023WBIYKEY493267108KEYCORP139,75813.2600001853191.083.27%56629200.00205000041.0000000000000.00
12/11/2023WBIYCWEN18539C204CLEARWAY ENERGY INC59,83924.8800001488794.322.63%56629200.00205000041.0000000000000.00
12/11/2023WBIYLEG524660107LEGGETT & PLATT INC48,79226.1700001276886.642.25%56629200.00205000041.0000000000000.00
12/11/2023WBIYSBGI829242106SINCLAIR INC87,15813.3500001163559.302.05%56629200.00205000041.0000000000000.00
12/11/2023WBIYKNTK02215L209KINETIK HOLDINGS INC32,39234.7000001124002.401.98%56629200.00205000041.0000000000000.00
12/11/2023WBIYCash&OtherCash&OtherCash & Other1,021,5811.0000001021580.831.80%56629200.00205000041.000000000000Y
12/11/2023WBIYZION989701107ZIONS BANCORPORATION N A25,32538.930000985902.251.74%56629200.00205000041.0000000000000.00
12/11/2023WBIYCBRL22410J106CRACKER BARREL OLD CTRY STORE COM13,06173.190000955934.591.69%56629200.00205000041.0000000000000.00
12/11/2023WBIYHESM428103105HESS MIDSTREAM LP29,69431.000000920514.001.63%56629200.00205000041.0000000000000.00
12/11/2023WBIYPAGP72651A207PLAINS GP HLDGS L P55,18615.360000847656.961.50%56629200.00205000041.0000000000000.00
12/11/2023WBIYCVI12662P108CVR ENERGY INC27,72930.090000834365.611.47%56629200.00205000041.0000000000000.00
12/11/2023WBIYFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM17,00746.720000794567.041.40%56629200.00205000041.0000000000000.00
12/11/2023WBIYOGN68622V106ORGANON & CO61,96711.020000682876.341.21%56629200.00205000041.0000000000000.00
12/11/2023WBIYTFC89832Q109TRUIST FINANCIAL CORP16,65334.330000571697.491.01%56629200.00205000041.0000000000000.00
12/11/2023WBIYCMA200340107COMERICA INC11,19349.970000559314.210.99%56629200.00205000041.0000000000000.00
12/11/2023WBIYCFG174610105CITIZENS FINL GROUP INC17,10029.610000506331.000.89%56629200.00205000041.0000000000000.00
12/11/2023WBIYUSB902973304US BANCORP DEL12,13640.430000490658.480.87%56629200.00205000041.0000000000000.00
12/11/2023WBIYFITB316773100FIFTH THIRD BANCORP15,56331.250000486343.750.86%56629200.00205000041.0000000000000.00
12/11/2023WBIYHBAN446150104HUNTINGTON BANCSHARES INC40,79511.990000489132.050.86%56629200.00205000041.0000000000000.00
12/11/2023WBIYIVZG491BT108INVESCO LTD31,89415.210000485107.740.86%56629200.00205000041.0000000000000.00
12/11/2023WBIYPNC693475105PNC FINL SVCS GROUP INC3,239140.670000455630.130.80%56629200.00205000041.0000000000000.00
12/11/2023WBIYEGBN268948106EAGLE BANCORP INC MD17,00226.330000447662.660.79%56629200.00205000041.0000000000000.00
12/11/2023WBIYSNV87161C501SYNOVUS FINL CORP12,30835.830000440995.640.78%56629200.00205000041.0000000000000.00
12/11/2023WBIYRF7591EP100REGIONS FINANCIAL CORP NEW24,15117.440000421193.440.74%56629200.00205000041.0000000000000.00
12/11/2023WBIYC172967424CITIGROUP INC8,32848.890000407155.920.72%56629200.00205000041.0000000000000.00
12/11/2023WBIYPPBI69478X105PACIFIC PREMIER BANCORP15,50726.370000408919.590.72%56629200.00205000041.0000000000000.00
12/11/2023WBIYBKU06652K103BANKUNITED INC13,57629.740000403750.240.71%56629200.00205000041.0000000000000.00
12/11/2023WBIYJXN46817M107JACKSON FINANCIAL INC8,29648.410000401609.360.71%56629200.00205000041.0000000000000.00
12/11/2023WBIYVLY919794107VALLEY NATL BANCORP40,3709.950000401681.500.71%56629200.00205000041.0000000000000.00
12/11/2023WBIYALLY02005N100ALLY FINL INC13,24530.080000398409.600.70%56629200.00205000041.0000000000000.00
12/11/2023WBIYFIBK32055Y201FIRST INTST BANCSYSTEM INC13,94028.300000394502.000.70%56629200.00205000041.0000000000000.00
12/11/2023WBIYASB045487105ASSOCIATED BANC CORP19,91619.560000389556.960.69%56629200.00205000041.0000000000000.00
12/11/2023WBIYHOPE43940T109HOPE BANCORP INC35,26311.030000388950.890.69%56629200.00205000041.0000000000000.00
12/11/2023WBIYOMF68268W103ONEMAIN HLDGS INC8,69745.230000393365.310.69%56629200.00205000041.0000000000000.00
12/11/2023WBIYFULT360271100FULTON FINL CORP PA25,09215.430000387169.560.68%56629200.00205000041.0000000000000.00
12/11/2023WBIYNWBI667340103NORTHWEST BANCSHARES INC MD32,39911.870000384576.130.68%56629200.00205000041.0000000000000.00
12/11/2023WBIYPRU744320102PRUDENTIAL FINL INC3,831100.870000386432.970.68%56629200.00205000041.0000000000000.00
12/11/2023WBIYPFS74386T105PROVIDENT FINL SVCS INC22,69616.630000377434.480.67%56629200.00205000041.0000000000000.00
12/11/2023WBIYSFNC828730200SIMMONS 1ST NATL CORP20,42517.790000363360.750.64%56629200.00205000041.0000000000000.00
12/11/2023WBIYWU959802109WESTERN UN CO30,06311.940000358952.220.63%56629200.00205000041.0000000000000.00
Premium/Discount
Download Premium/Discount

Fund Information
As of: 12/08/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$27.24
$0.15
0.41%
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with consistent fundamentals and strong value characteristics

Prices
As of: 12/08/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,338,315
36.45
$27.22
10,730
-0.08%
1.64%
Performance Month End
As of: 11/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
4.97%
1.34%
-2.31%
-8.08%
0.96%
-0.27
1.83%
Market
4.79%
1.14%
-2.44%
-7.96%
0.91%
-0.33
1.80%
Performance Quarter End
As of: 09/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-4.34
-7.37
-3.60
-4.26
2.20
-1.56
1.72
Market
-4.39
-7.44
-3.54
-4.20
2.15
-1.56
1.71

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

Fund Characteristics
As of: 10/31/2023
30-Day SEC Yield
1.18%
WBIF Top Holdings
As of: 12/11/2023
Security Name Weightings Shares
SPDR SER TR BLOOMBERG 1-3 MO
Cash & Other
APPLE INC
ONEOK INC NEW
CARDINAL HEALTH INC
VISA INC
HARTFORD FINL SVCS GROUP INC COM
FIDELITY NATL INFORMATION SVCS COM
AUTOLIV INC
UNITEDHEALTH GROUP INC
9.66%
4.90%
4.85%
4.81%
4.71%
4.08%
4.04%
4.03%
3.98%
3.95%
38,482
1,785,474
9,035
25,689
16,062
5,820
18,820
24,898
14,317
2,622
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/11/2023WBIFBIL78468R663SPDR SER TR BLOOMBERG 1-3 MO38,48291.5300003522257.469.66%36449812.01133831526.7700000000000.00
12/11/2023WBIFCash&OtherCash&OtherCash & Other1,785,4741.0000001785474.154.90%36449812.01133831526.770000000000Y
12/11/2023WBIFAAPL037833100APPLE INC9,035195.7100001768239.854.85%36449812.01133831526.7700000000000.00
12/11/2023WBIFOKE682680103ONEOK INC NEW25,68968.2400001753017.364.81%36449812.01133831526.7700000000000.00
12/11/2023WBIFCAH14149Y108CARDINAL HEALTH INC16,062106.8300001715903.464.71%36449812.01133831526.7700000000000.00
12/11/2023WBIFV92826C839VISA INC5,820255.7400001488406.804.08%36449812.01133831526.7700000000000.00
12/11/2023WBIFHIG416515104HARTFORD FINL SVCS GROUP INC COM18,82078.2800001473229.604.04%36449812.01133831526.7700000000000.00
12/11/2023WBIFFIS31620M106FIDELITY NATL INFORMATION SVCS COM24,89858.9400001467488.124.03%36449812.01133831526.7700000000000.00
12/11/2023WBIFALV052800109AUTOLIV INC14,317101.4100001451886.973.98%36449812.01133831526.7700000000000.00
12/11/2023WBIFUNH91324P102UNITEDHEALTH GROUP INC2,622549.7700001441496.943.95%36449812.01133831526.7700000000000.00
12/11/2023WBIFLMT539830109LOCKHEED MARTIN CORP3,069448.0200001374973.383.77%36449812.01133831526.7700000000000.00
12/11/2023WBIFNKE654106103NIKE INC11,615115.9100001346294.653.69%36449812.01133831526.7700000000000.00
12/11/2023WBIFAVGO11135F101BROADCOM INC1,292944.3000001220035.603.35%36449812.01133831526.7700000000000.00
12/11/2023WBIFMSFT594918104MICROSOFT CORP2,966374.2300001109966.183.05%36449812.01133831526.7700000000000.00
12/11/2023WBIFAMZN023135106AMAZON COM INC7,519147.4200001108450.983.04%36449812.01133831526.7700000000000.00
12/11/2023WBIFNVDA67066G104NVIDIA CORPORATION2,214475.0600001051782.842.89%36449812.01133831526.7700000000000.00
12/11/2023WBIFKEY493267108KEYCORP64,37913.260000853665.542.34%36449812.01133831526.7700000000000.00
12/11/2023WBIFFHN320517105FIRST HORIZON CORPORATION59,69413.630000813629.222.23%36449812.01133831526.7700000000000.00
12/11/2023WBIFMCHP595017104MICROCHIP TECHNOLOGY INC.9,08986.080000782381.122.15%36449812.01133831526.7700000000000.00
12/11/2023WBIFSO842587107SOUTHERN CO10,67171.500000762976.502.09%36449812.01133831526.7700000000000.00
12/11/2023WBIFGS38141G104GOLDMAN SACHS GROUP INC2,166350.830000759897.782.08%36449812.01133831526.7700000000000.00
12/11/2023WBIFGRMNH2906T109GARMIN LTD6,045124.590000753146.552.07%36449812.01133831526.7700000000000.00
12/11/2023WBIFF345370860FORD MTR CO DEL67,85911.010000747127.592.05%36449812.01133831526.7700000000000.00
12/11/2023WBIFMAR571903202MARRIOTT INTL INC NEW3,567209.400000746929.802.05%36449812.01133831526.7700000000000.00
12/11/2023WBIFACNG1151C101ACCENTURE PLC IRELAND2,178337.230000734486.942.02%36449812.01133831526.7700000000000.00
12/11/2023WBIFUNM91529Y106UNUM GROUP16,93842.830000725454.541.99%36449812.01133831526.7700000000000.00
12/11/2023WBIFHLT43300A203HILTON WORLDWIDE HLDGS INC4,097171.330000701939.011.93%36449812.01133831526.7700000000000.00
12/11/2023WBIFDINO403949100HF SINCLAIR CORP13,06752.670000688238.891.89%36449812.01133831526.7700000000000.00
12/11/2023WBIFPTEN703481101PATTERSON-UTI ENERGY INC59,87410.850000649632.901.78%36449812.01133831526.7700000000000.00
12/11/2023WBIFHAL406216101HALLIBURTON CO18,23934.930000637088.271.75%36449812.01133831526.7700000000000.00
12/11/2023WBIFCI125523100THE CIGNA GROUP2,412258.800000624225.601.71%36449812.01133831526.7700000000000.00
12/11/2023WBIFIBM459200101INTERNATIONAL BUSINESS MACHS COM2,360161.960000382225.601.05%36449812.01133831526.7700000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 12/08/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$22.51
$0.08
0.28%
Fund Goals

  • Manage risk to capital
  • Generate an attractive current yield that helps promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities that present themselves as undervalued opportunities with attractive dividend yields

Prices
As of: 12/08/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,230,183
50.20
$22.51
10,058
0.01%
1.44%
Performance Month End
As of: 11/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.15%
0.86%
-6.73%
-12.39%
-0.39%
-0.64
0.20%
Market
4.74%
0.39%
-7.16%
-12.61%
-0.48%
-0.70
0.15%
Performance Quarter End
As of: 09/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.36
-4.70
-7.53
-8.94
0.90
-2.06
0.11
Market
-3.44
-4.70
-7.52
-9.13
0.86
-2.05
0.11

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

Fund Characteristics
As of: 10/31/2023
30-Day SEC Yield
1.71%
WBIG Top Holdings
As of: 12/11/2023
Security Name Weightings Shares
SPDR SER TR BLOOMBERG 1-3 MO
MICROSOFT CORP
MARRIOTT INTL INC NEW
CARDINAL HEALTH INC
INTERNATIONAL BUSINESS MACHS COM
VERISK ANALYTICS INC
CAPITAL ONE FINL CORP
LEIDOS HOLDINGS INC
HARTFORD FINL SVCS GROUP INC COM
SNAP ON INC
9.75%
4.77%
4.74%
4.73%
4.47%
4.47%
4.21%
4.02%
4.01%
3.99%
53,474
6,396
11,366
22,219
13,841
9,629
17,917
18,578
25,701
7,201
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/11/2023WBIGBIL78468R663SPDR SER TR BLOOMBERG 1-3 MO53,47491.5300004894475.229.75%50197851.04223018344.6000000000000.00
12/11/2023WBIGMSFT594918104MICROSOFT CORP6,396374.2300002393575.084.77%50197851.04223018344.6000000000000.00
12/11/2023WBIGMAR571903202MARRIOTT INTL INC NEW11,366209.4000002380040.404.74%50197851.04223018344.6000000000000.00
12/11/2023WBIGCAH14149Y108CARDINAL HEALTH INC22,219106.8300002373655.774.73%50197851.04223018344.6000000000000.00
12/11/2023WBIGIBM459200101INTERNATIONAL BUSINESS MACHS COM13,841161.9600002241688.364.47%50197851.04223018344.6000000000000.00
12/11/2023WBIGVRSK92345Y106VERISK ANALYTICS INC9,629232.9200002242786.684.47%50197851.04223018344.6000000000000.00
12/11/2023WBIGCOF14040H105CAPITAL ONE FINL CORP17,917118.0900002115818.534.21%50197851.04223018344.6000000000000.00
12/11/2023WBIGLDOS525327102LEIDOS HOLDINGS INC18,578108.4900002015527.224.02%50197851.04223018344.6000000000000.00
12/11/2023WBIGHIG416515104HARTFORD FINL SVCS GROUP INC COM25,70178.2800002011874.284.01%50197851.04223018344.6000000000000.00
12/11/2023WBIGSNA833034101SNAP ON INC7,201278.2200002003462.223.99%50197851.04223018344.6000000000000.00
12/11/2023WBIGLMT539830109LOCKHEED MARTIN CORP4,190448.0200001877203.803.74%50197851.04223018344.6000000000000.00
12/11/2023WBIGPCAR693718108PACCAR INC19,07895.3800001819659.643.62%50197851.04223018344.6000000000000.00
12/11/2023WBIGOKE682680103ONEOK INC NEW18,51668.2400001263531.842.52%50197851.04223018344.6000000000000.00
12/11/2023WBIGTGT87612E106TARGET CORP8,835135.1900001194403.652.38%50197851.04223018344.6000000000000.00
12/11/2023WBIGC172967424CITIGROUP INC22,83548.8900001116403.152.22%50197851.04223018344.6000000000000.00
12/11/2023WBIGIVZG491BT108INVESCO LTD73,36615.2100001115896.862.22%50197851.04223018344.6000000000000.00
12/11/2023WBIGHAS418056107HASBRO INC22,25948.7000001084013.302.16%50197851.04223018344.6000000000000.00
12/11/2023WBIGTPR876030107TAPESTRY INC32,37233.5300001085433.162.16%50197851.04223018344.6000000000000.00
12/11/2023WBIGAAPL037833100APPLE INC5,403195.7100001057421.132.11%50197851.04223018344.6000000000000.00
12/11/2023WBIGBEN354613101FRANKLIN RESOURCES INC41,31125.5700001056322.272.10%50197851.04223018344.6000000000000.00
12/11/2023WBIGKHC500754106KRAFT HEINZ CO29,00036.2300001050670.002.09%50197851.04223018344.6000000000000.00
12/11/2023WBIGMDTG5960L103MEDTRONIC PLC13,23479.3500001050117.902.09%50197851.04223018344.6000000000000.00
12/11/2023WBIGVTRS92556V106VIATRIS INC106,4679.8300001046570.612.08%50197851.04223018344.6000000000000.00
12/11/2023WBIGNVDA67066G104NVIDIA CORPORATION2,182475.0600001036580.922.06%50197851.04223018344.6000000000000.00
12/11/2023WBIGABBV00287Y109ABBVIE INC6,872149.2800001025852.162.04%50197851.04223018344.6000000000000.00
12/11/2023WBIGCAG205887102CONAGRA BRANDS INC34,00729.5200001003886.642.00%50197851.04223018344.6000000000000.00
12/11/2023WBIGMO02209S103ALTRIA GROUP INC23,95341.300000989258.901.97%50197851.04223018344.6000000000000.00
12/11/2023WBIGPM718172109PHILIP MORRIS INTL INC10,68691.310000975738.661.94%50197851.04223018344.6000000000000.00
12/11/2023WBIGWMB969457100WILLIAMS COS INC27,27335.520000968736.961.93%50197851.04223018344.6000000000000.00
12/11/2023WBIGCVX166764100CHEVRON CORP NEW6,658144.310000960815.981.91%50197851.04223018344.6000000000000.00
12/11/2023WBIGKMB494368103KIMBERLY-CLARK CORP7,928119.940000950884.321.89%50197851.04223018344.6000000000000.00
12/11/2023WBIGMRVL573874104MARVELL TECHNOLOGY INC9,84252.880000520444.961.04%50197851.04223018344.6000000000000.00
12/11/2023WBIGHLT43300A203HILTON WORLDWIDE HLDGS INC2,728171.330000467388.240.93%50197851.04223018344.6000000000000.00
12/11/2023WBIGRL751212101RALPH LAUREN CORP3,169131.760000417547.440.83%50197851.04223018344.6000000000000.00
12/11/2023WBIGCash&OtherCash&OtherCash & Other388,1921.000000388191.520.77%50197851.04223018344.600000000000Y
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Fund Information
As of: 12/08/2023
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$29.88
$0.11
0.33%
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with strong measures of financial health and potential for growth.

Prices
As of: 12/08/2023
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,377,182
41.16
$29.88
6,377
-0.02%
1.65%
Performance Month End
As of: 11/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.95%
3.83%
7.95%
3.21%
3.84%
3.47
2.69%
Market
5.90%
3.55%
7.63%
3.07%
3.80%
3.41
2.65%
Performance Quarter End
As of: 09/30/2023
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.88
-1.51
3.96
5.71
4.10
1.27
2.32
Market
-5.97
-1.60
3.94
5.65
4.03
1.27
2.31

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

Fund Characteristics
As of: 10/31/2023
30-Day SEC Yield
0.58%
WBIL Top Holdings
As of: 12/11/2023
Security Name Weightings Shares
SPDR SER TR BLOOMBERG 1-3 MO
MARRIOTT INTL INC NEW
UBER TECHNOLOGIES INC
ROYAL CARIBBEAN GROUP
HILTON WORLDWIDE HLDGS INC
HF SINCLAIR CORP
GRAINGER W W INC
BERKLEY W R CORP
VISA INC
COSTCO WHSL CORP NEW
9.79%
4.87%
4.86%
4.75%
4.60%
4.53%
4.47%
4.37%
4.29%
4.14%
44,015
9,570
32,392
16,218
11,050
35,395
2,290
25,194
6,897
2,787
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/11/2023WBILBIL78468R663SPDR SER TR BLOOMBERG 1-3 MO44,01591.5300004028692.959.79%41156946.35137718227.5400000000000.00
12/11/2023WBILMAR571903202MARRIOTT INTL INC NEW9,570209.4000002003958.004.87%41156946.35137718227.5400000000000.00
12/11/2023WBILUBER90353T100UBER TECHNOLOGIES INC32,39261.7000001998586.404.86%41156946.35137718227.5400000000000.00
12/11/2023WBILRCLV7780T103ROYAL CARIBBEAN GROUP16,218120.4700001953782.464.75%41156946.35137718227.5400000000000.00
12/11/2023WBILHLT43300A203HILTON WORLDWIDE HLDGS INC11,050171.3300001893196.504.60%41156946.35137718227.5400000000000.00
12/11/2023WBILDINO403949100HF SINCLAIR CORP35,39552.6700001864254.654.53%41156946.35137718227.5400000000000.00
12/11/2023WBILGWW384802104GRAINGER W W INC2,290804.0500001841274.504.47%41156946.35137718227.5400000000000.00
12/11/2023WBILWRB084423102BERKLEY W R CORP25,19471.3300001797088.024.37%41156946.35137718227.5400000000000.00
12/11/2023WBILV92826C839VISA INC6,897255.7400001763838.784.29%41156946.35137718227.5400000000000.00
12/11/2023WBILCOST22160K105COSTCO WHSL CORP NEW2,787610.7800001702243.864.14%41156946.35137718227.5400000000000.00
12/11/2023WBILHUM444859102HUMANA INC3,221481.6200001551298.023.77%41156946.35137718227.5400000000000.00
12/11/2023WBILPG742718109PROCTER AND GAMBLE CO10,412145.1500001511301.803.67%41156946.35137718227.5400000000000.00
12/11/2023WBILBX09260D107BLACKSTONE INC13,203112.5700001486261.713.61%41156946.35137718227.5400000000000.00
12/11/2023WBILNVDA67066G104NVIDIA CORPORATION2,692475.0600001278861.523.11%41156946.35137718227.5400000000000.00
12/11/2023WBILAAPL037833100APPLE INC6,513195.7100001274659.233.10%41156946.35137718227.5400000000000.00
12/11/2023WBILMETA30303M102META PLATFORMS INC3,786332.7500001259791.503.06%41156946.35137718227.5400000000000.00
12/11/2023WBILPVH693656100PVH CORPORATION10,012108.2600001083899.122.63%41156946.35137718227.5400000000000.00
12/11/2023WBILQCOM747525103QUALCOMM INC6,590132.970000876272.302.13%41156946.35137718227.5400000000000.00
12/11/2023WBILNKE654106103NIKE INC7,402115.910000857965.822.08%41156946.35137718227.5400000000000.00
12/11/2023WBILNUE670346105NUCOR CORP5,275162.090000855024.752.08%41156946.35137718227.5400000000000.00
12/11/2023WBILROST778296103ROSS STORES INC6,472132.080000854821.762.08%41156946.35137718227.5400000000000.00
12/11/2023WBILAMP03076C106AMERIPRISE FINL INC2,358357.580000843173.642.05%41156946.35137718227.5400000000000.00
12/11/2023WBILSNPS871607107SYNOPSYS INC1,576535.930000844625.682.05%41156946.35137718227.5400000000000.00
12/11/2023WBILPCAR693718108PACCAR INC8,81295.380000840488.562.04%41156946.35137718227.5400000000000.00
12/11/2023WBILEA285512109ELECTRONIC ARTS INC5,986137.140000820920.041.99%41156946.35137718227.5400000000000.00
12/11/2023WBILGOOGL02079K305ALPHABET INC6,081134.990000820874.191.99%41156946.35137718227.5400000000000.00
12/11/2023WBILTJX872540109TJX COS INC NEW8,97589.130000799941.751.94%41156946.35137718227.5400000000000.00
12/11/2023WBILVRSK92345Y106VERISK ANALYTICS INC3,363232.920000783309.961.90%41156946.35137718227.5400000000000.00
12/11/2023WBILADBE00724F101ADOBE INC1,276610.010000778372.761.89%41156946.35137718227.5400000000000.00
12/11/2023WBILMRVL573874104MARVELL TECHNOLOGY INC12,14552.880000642227.601.56%41156946.35137718227.5400000000000.00
12/11/2023WBILCash&OtherCash&OtherCash & Other245,5391.000000245539.350.60%41156946.35137718227.540000000000Y
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Market Disruptions Resulting from COVID-19.  The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.

An investment in the Funds is subject to risk, including the possible loss of principal. There is no guarantee the Advisor’s investment strategy or quantitative models used in the investment strategy will be successful. To the extent that a Fund invests in dividend-paying equities, if stocks held by the Fund reduce or stop paying dividends, the Funds’ ability to generate income may be affected. Small and medium capitalization companies may involve greater volatility and risk than investing in larger and more established companies. Foreign and emerging market securities carry additional risks such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments.

There are risks specific to WBIY and WBIG which focus on high yielding securities. The Funds invest in high yielding stocks, which may be speculative, higher risk investments. It is possible these companies could pay out more than they can support and may reduce or stop paying dividends at any time, which could have a material adverse effect on the companies’ stock price and the Fund’s performance.

WBIF focuses on value securities. Value style investing involves the risk that an investment made in undervalued securities may not appreciate as anticipated or remain undervalued for long periods of time.

WBIY is not actively managed and the Sub-Advisor does not attempt to take defensive positions in declining markets. Unlike many investment companies, the Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index.

For a full list of investment risks associated with the funds, including but not limited to market risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, master limited partnership risk, real estate investment trust risk, ETF risk, and trading price risk, please read the prospectus.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in creation units only. Total returns are calculated using the daily 4:00 p.m. EST net asset value (NAV). Market price returns reflect the last trade on a given date where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.