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: 05/17/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$29.94
$0.02
0.40%
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: 05/17/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,100,000
62.88
$29.94
615
-0.03%
1.00%
Performance Month End
As of: 04/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
-4.94%
-4.94%
1.46%
14.88%
6.92%
7.77
7.25%
Market
-4.89%
-4.89%
1.66%
15.04%
7.01%
7.81
7.27%
Performance Quarter End
As of: 03/31/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 12/19/2016
NAV
6.28
6.73
6.73
19.91
9.32
9.65
8.09
Market
6.24
6.89
6.89
20.03
9.32
9.68
8.09

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: 4/30/2024
30-Day SEC Yield  
5.01%
 

WBIY Top Holdings
As of: 05/20/2024
Security Name Weightings Shares
Altria Group Inc
Kohl's Corp
Dominion Energy Inc
AT&T Inc
Kinder Morgan Inc
ONEOK Inc
Dow Inc
Ford Motor Co
Verizon Communications Inc
LyondellBasell Industries NV
5.27%
5.19%
5.09%
5.03%
5.00%
4.91%
4.85%
4.71%
4.71%
4.70%
71,870
126,750
59,877
181,763
159,706
37,343
51,483
241,147
73,965
29,258
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/20/2024WBIYMO02209S103Altria Group Inc71,87046.0800003311769.605.27%62881770.00210000042.0000000000000.00
05/20/2024WBIYKSS500255104Kohl's Corp126,75025.7400003262545.005.19%62881770.00210000042.0000000000000.00
05/20/2024WBIYD25746U109Dominion Energy Inc59,87753.5000003203419.505.09%62881770.00210000042.0000000000000.00
05/20/2024WBIYT00206R102AT&T Inc181,76317.4000003162676.205.03%62881770.00210000042.0000000000000.00
05/20/2024WBIYKMI49456B101Kinder Morgan Inc159,70619.7000003146208.205.00%62881770.00210000042.0000000000000.00
05/20/2024WBIYOKE682680103ONEOK Inc37,34382.6300003085652.094.91%62881770.00210000042.0000000000000.00
05/20/2024WBIYDOW260557103Dow Inc51,48359.1900003047278.774.85%62881770.00210000042.0000000000000.00
05/20/2024WBIYF345370860Ford Motor Co241,14712.2800002961285.164.71%62881770.00210000042.0000000000000.00
05/20/2024WBIYVZ92343V104Verizon Communications Inc73,96540.0600002963037.904.71%62881770.00210000042.0000000000000.00
05/20/2024WBIYLYBN53745100LyondellBasell Industries NV29,258100.9100002952424.784.70%62881770.00210000042.0000000000000.00
05/20/2024WBIYCAG205887102CONAGRA BRANDS INC92,43430.7300002840496.824.52%62881770.00210000042.0000000000000.00
05/20/2024WBIYBBY086516101Best Buy Co Inc38,26673.3500002806811.104.46%62881770.00210000042.0000000000000.00
05/20/2024WBIYBMY110122108Bristol-Myers Squibb Co60,21244.0300002651134.364.22%62881770.00210000042.0000000000000.00
05/20/2024WBIYWHR963320106Whirlpool Corp28,51091.3800002605243.804.14%62881770.00210000042.0000000000000.00
05/20/2024WBIYCFG174610105Citizens Financial Group Inc45,74737.1600001699958.522.70%62881770.00210000042.0000000000000.00
05/20/2024WBIYKEY493267108KeyCorp104,66615.4000001611856.402.56%62881770.00210000042.0000000000000.00
05/20/2024WBIYKHC500754106Kraft Heinz Co/The36,68036.0000001320480.002.10%62881770.00210000042.0000000000000.00
05/20/2024WBIYRF7591EP100Regions Financial Corp64,69720.1800001305585.462.08%62881770.00210000042.0000000000000.00
05/20/2024WBIYOGN68622V106Organon & Co48,01221.8000001046661.601.66%62881770.00210000042.0000000000000.00
05/20/2024WBIYCash&OtherCash&OtherCash & Other982,6881.000000982688.211.56%62881770.00210000042.000000000000Y
05/20/2024WBIYCBRL22410J106Cracker Barrel Old Country Store Inc16,91048.980000828251.801.32%62881770.00210000042.0000000000000.00
05/20/2024WBIYCOLB197236102Columbia Banking System Inc34,13920.420000697118.381.11%62881770.00210000042.0000000000000.00
05/20/2024WBIYBKH092113109Black Hills Corp11,77356.780000668470.941.06%62881770.00210000042.0000000000000.00
05/20/2024WBIYHESM428103105Hess Midstream LP18,75535.420000664302.101.06%62881770.00210000042.0000000000000.00
05/20/2024WBIYVLY919794107Valley National Bancorp76,2877.920000604193.040.96%62881770.00210000042.0000000000000.00
05/20/2024WBIYJXN46817M107Jackson Financial Inc7,61577.970000593741.550.94%62881770.00210000042.0000000000000.00
05/20/2024WBIYWU959802109Western Union Co/The44,98513.140000591102.900.94%62881770.00210000042.0000000000000.00
05/20/2024WBIYCVI12662P108CVR Energy Inc19,15929.600000567106.400.90%62881770.00210000042.0000000000000.00
05/20/2024WBIYPRU744320102Prudential Financial Inc4,579120.010000549525.790.87%62881770.00210000042.0000000000005952.70
05/20/2024WBIYHBAN446150104Huntington Bancshares Inc/OH37,30714.210000530132.470.84%62881770.00210000042.0000000000000.00
05/20/2024WBIYUSB902973304US Bancorp12,43241.430000515057.760.82%62881770.00210000042.0000000000000.00
05/20/2024WBIYCWEN18539C204Clearway Energy Inc18,92226.790000506920.380.81%62881770.00210000042.0000000000000.00
05/20/2024WBIYFITB316773100Fifth Third Bancorp13,07438.560000504133.440.80%62881770.00210000042.0000000000000.00
05/20/2024WBIYOMF68268W103OneMain Holdings Inc10,06949.980000503248.620.80%62881770.00210000042.0000000000000.00
05/20/2024WBIYSNV87161C501Synovus Financial Corp12,60840.110000505706.880.80%62881770.00210000042.0000000000000.00
05/20/2024WBIYTNL894164102Travel + Leisure Co11,11045.050000500505.500.80%62881770.00210000042.0000000000000.00
05/20/2024WBIYZION989701107Zions Bancorp NA10,84944.960000487771.040.78%62881770.00210000042.0000000000000.00
05/20/2024WBIYPNC693475105PNC Financial Services Group Inc/The3,011160.350000482813.850.77%62881770.00210000042.0000000000000.00
05/20/2024WBIYFNF31620R303Fidelity National Financial Inc8,65252.280000452326.560.72%62881770.00210000042.0000000000000.00
05/20/2024WBIYASB045487105Associated Banc-Corp14,87822.270000331333.060.53%62881770.00210000042.0000000000000.00
05/20/2024WBIYFIBK32055Y201First Interstate BancSystem Inc10,89427.890000303833.660.48%62881770.00210000042.0000000000000.00
05/20/2024WBIYNWN66765N105Northwest Natural Holding Co7,53838.540000290514.520.46%62881770.00210000042.0000000000000.00
05/20/2024WBIYVIRT928254101Virtu Financial Inc9,91223.460000232535.520.37%62881770.00210000042.0000000000000.00
05/20/2024WBIYFULT360271100Fulton Financial Corp11,63617.360000202000.960.32%62881770.00210000042.0000000000000.00
05/20/2024WBIYCVBF126600105CVB Financial Corp10,50617.430000183119.580.29%62881770.00210000042.0000000000000.00
05/20/2024WBIYBRY08579X101Berry Corp18,0837.210000130378.430.21%62881770.00210000042.0000000000000.00
05/20/2024WBIYPFS74386T105Provident Financial Services Inc7,85016.180000127013.000.20%62881770.00210000042.0000000000000.00
05/20/2024WBIYSFNC828730200Simmons First National Corp5,76318.430000106212.090.17%62881770.00210000042.0000000000000.00
05/20/2024WBIYSASR800363103Sandy Spring Bancorp Inc3,90723.93000093494.510.15%62881770.00210000042.0000000000000.00
05/20/2024WBIYEGBN268948106Eagle Bancorp Inc3,79920.72000078715.280.13%62881770.00210000042.0000000000000.00
05/20/2024WBIYHOPE43940T109Hope Bancorp Inc7,48210.93000081778.260.13%62881770.00210000042.0000000000000.00
Premium/Discount
Download Premium/Discount

Fund Information
As of: 05/17/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$30.11
$0.01
0.62%
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: 05/17/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,138,315
34.27
$30.08
139
-0.09%
1.64%
Performance Month End
As of: 04/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.67%
-5.67%
4.42%
11.77%
-1.64%
1.40
2.50%
Market
-5.70%
-5.70%
4.49%
11.91%
-1.64%
1.42
2.50%
Performance Quarter End
As of: 03/31/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
4.27
10.70
10.70
15.70
2.07
3.10
3.15
Market
4.54
10.81
10.81
15.89
2.03
3.12
3.15

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: 4/30/2024
30-Day SEC Yield
2.05%
WBIF Top Holdings
As of: 05/20/2024
Security Name Weightings Shares
iShares Broad USD High Yield Corporate Bond ETF
Cash & Other
Altria Group Inc
Kinetik Holdings Inc
Tradeweb Markets Inc
H&R Block Inc
HP Inc
Church & Dwight Co Inc
Broadridge Financial Solutions Inc
Mastercard Inc
8.20%
5.91%
5.14%
4.93%
4.60%
4.29%
4.28%
3.96%
3.89%
3.85%
77,320
2,026,598
38,240
41,772
13,981
28,093
47,053
12,750
6,558
2,866
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/20/2024WBIFUSHY46435U853iShares Broad USD High Yield Corporate Bond ETF77,32036.3300002809035.608.20%34271249.71113831522.7700000000000.00
05/20/2024WBIFCash&OtherCash&OtherCash & Other2,026,5981.0000002026598.365.91%34271249.71113831522.770000000000Y
05/20/2024WBIFMO02209S103Altria Group Inc38,24046.0800001762099.205.14%34271249.71113831522.7700000000000.00
05/20/2024WBIFKNTK02215L209Kinetik Holdings Inc41,77240.4600001690095.124.93%34271249.71113831522.7700000000000.00
05/20/2024WBIFTW892672106Tradeweb Markets Inc13,981112.8100001577196.614.60%34271249.71113831522.7700000000000.00
05/20/2024WBIFHRB093671105H&R Block Inc28,09352.3000001469263.904.29%34271249.71113831522.7700000000000.00
05/20/2024WBIFHPQ40434L105HP Inc47,05331.1900001467583.074.28%34271249.71113831522.7700000000000.00
05/20/2024WBIFCHD171340102Church & Dwight Co Inc12,750106.3900001356472.503.96%34271249.71113831522.7700000000000.00
05/20/2024WBIFBR11133T103Broadridge Financial Solutions Inc6,558203.4900001334487.423.89%34271249.71113831522.7700000000000.00
05/20/2024WBIFMA57636Q104Mastercard Inc2,866460.2700001319133.823.85%34271249.71113831522.7700000000000.00
05/20/2024WBIFGIS370334104General Mills Inc18,49071.2400001317227.603.84%34271249.71113831522.7700000000000.00
05/20/2024WBIFKMB494368103Kimberly-Clark Corp9,723134.2900001305701.673.81%34271249.71113831522.7700000000000.00
05/20/2024WBIFSHW824348106Sherwin-Williams Co/The4,153312.4000001297397.203.79%34271249.71113831522.7700000000000.00
05/20/2024WBIFPANW697435105Palo Alto Networks Inc3,054317.850000970713.902.83%34271249.71113831522.7700000000000.00
05/20/2024WBIFAXP025816109American Express Co3,361242.820000816118.022.38%34271249.71113831522.7700000000000.00
05/20/2024WBIFGRMNH2906T109Garmin Ltd4,672170.940000798631.682.33%34271249.71113831522.7700000000000.00
05/20/2024WBIFCARR14448C104Carrier Global Corp11,98365.230000781651.092.28%34271249.71113831522.7700000000000.00
05/20/2024WBIFNXPIN6596X109NXP Semiconductors NV2,861267.720000765946.922.23%34271249.71113831522.7700000000000.00
05/20/2024WBIFRGA759351604Reinsurance Group of America Inc3,553212.370000754550.612.20%34271249.71113831522.7700000000000.00
05/20/2024WBIFEBAY278642103eBay Inc14,04151.480000722830.682.11%34271249.71113831522.7700000000000.00
05/20/2024WBIFUHS913903100Universal Health Services Inc3,974177.700000706179.802.06%34271249.71113831522.7700000000000.00
05/20/2024WBIFUNM91529Y106Unum Group12,82753.090000680985.431.99%34271249.71113831522.7700000000000.00
05/20/2024WBIFCI125523100Cigna Group/The1,902338.710000644226.421.88%34271249.71113831522.7700000000000.00
05/20/2024WBIFMAR571903202Marriott International Inc/MD2,708237.730000643772.841.88%34271249.71113831522.7700000000000.00
05/20/2024WBIFDKS253393102Dick's Sporting Goods Inc3,302194.540000642371.081.87%34271249.71113831522.7700000000000.00
05/20/2024WBIFF345370860Ford Motor Co51,89312.280000637246.041.86%34271249.71113831522.7700000000000.00
05/20/2024WBIFHAL406216101Halliburton Co16,71237.900000633384.801.85%34271249.71113831522.7700000000000.00
05/20/2024WBIFWRB084423102W R Berkley Corp7,89979.310000626469.691.83%34271249.71113831522.7700000000000.00
05/20/2024WBIFCNA126117100CNA Financial Corp13,70745.280000620652.961.81%34271249.71113831522.7700000000000.00
05/20/2024WBIFBCC09739D100Boise Cascade Co4,509136.050000613449.451.79%34271249.71113831522.7700000000000.00
05/20/2024WBIFSLB806857108Schlumberger NV12,52448.590000608541.161.78%34271249.71113831522.7700000000000.00
05/20/2024WBIFPCAR693718108PACCAR Inc5,641106.000000597946.001.74%34271249.71113831522.7700000000000.00
05/20/2024WBIFSYY871829107Sysco Corp3,64275.910000276464.220.81%34271249.71113831522.7700000000000.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 05/17/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.62
$0.03
0.29%
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: 05/17/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,880,183
46.29
$24.59
381
-0.14%
1.44%
Performance Month End
As of: 04/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-6.04%
-6.04%
3.68%
9.40%
-1.12%
1.13
1.04%
Market
-6.05%
-6.05%
4.05%
9.43%
-1.11%
1.16
1.04%
Performance Quarter End
As of: 03/31/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
5.07
10.35
10.35
15.93
2.40
2.53
1.71
Market
5.22
10.75
10.75
16.03
2.40
2.55
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: 4/30/2024
30-Day SEC Yield
2.42%
WBIG Top Holdings
As of: 05/20/2024
Security Name Weightings Shares
iShares Broad USD High Yield Corporate Bond ETF
Reinsurance Group of America Inc
Tradeweb Markets Inc
H&R Block Inc
American Express Co
Marsh & McLennan Cos Inc
Automatic Data Processing Inc
DR Horton Inc
Church & Dwight Co Inc
Mastercard Inc
9.47%
4.88%
4.63%
4.37%
4.36%
4.07%
4.04%
4.03%
3.97%
3.96%
120,626
10,627
19,018
38,712
8,317
8,966
7,409
12,311
17,292
3,982
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/20/2024WBIGUSHY46435U853iShares Broad USD High Yield Corporate Bond ETF120,62636.3300004382342.589.47%46290105.46188018337.6000000000000.00
05/20/2024WBIGRGA759351604Reinsurance Group of America Inc10,627212.3700002256855.994.88%46290105.46188018337.6000000000000.00
05/20/2024WBIGTW892672106Tradeweb Markets Inc19,018112.8100002145420.584.63%46290105.46188018337.6000000000000.00
05/20/2024WBIGHRB093671105H&R Block Inc38,71252.3000002024637.604.37%46290105.46188018337.6000000000000.00
05/20/2024WBIGAXP025816109American Express Co8,317242.8200002019533.944.36%46290105.46188018337.6000000000000.00
05/20/2024WBIGMMC571748102Marsh & McLennan Cos Inc8,966209.9700001882591.024.07%46290105.46188018337.6000000000000.00
05/20/2024WBIGADP053015103Automatic Data Processing Inc7,409252.3300001869512.974.04%46290105.46188018337.6000000000000.00
05/20/2024WBIGDHI23331A109DR Horton Inc12,311151.5000001865116.504.03%46290105.46188018337.6000000000000.00
05/20/2024WBIGCHD171340102Church & Dwight Co Inc17,292106.3900001839695.883.97%46290105.46188018337.6000000000000.00
05/20/2024WBIGMA57636Q104Mastercard Inc3,982460.2700001832795.143.96%46290105.46188018337.6000000000000.00
05/20/2024WBIGCI125523100Cigna Group/The5,134338.7100001738937.143.76%46290105.46188018337.6000000000000.00
05/20/2024WBIGKR501044101Kroger Co/The22,08954.2000001197223.802.59%46290105.46188018337.6000000000000.00
05/20/2024WBIGBR11133T103Broadridge Financial Solutions Inc4,956203.4900001008496.442.18%46290105.46188018337.6000000000000.00
05/20/2024WBIGPM718172109Philip Morris International Inc10,07699.8300001005887.082.17%46290105.46188018337.6000000000000.00
05/20/2024WBIGMO02209S103Altria Group Inc21,68946.080000999429.122.16%46290105.46188018337.6000000000000.00
05/20/2024WBIGPG742718109Procter & Gamble Co/The5,813167.640000974491.322.11%46290105.46188018337.6000000000000.00
05/20/2024WBIGHPQ40434L105HP Inc31,22631.190000973938.942.10%46290105.46188018337.6000000000000.00
05/20/2024WBIGOBDC69121K104Blue Owl Capital Corp58,35816.440000959405.522.07%46290105.46188018337.6000000000000.00
05/20/2024WBIGKMB494368103Kimberly-Clark Corp7,109134.290000954667.612.06%46290105.46188018337.6000000000000.00
05/20/2024WBIGPFG74251V102Principal Financial Group Inc11,12485.130000946986.122.05%46290105.46188018337.6000000000000.00
05/20/2024WBIGOKE682680103ONEOK Inc11,43582.630000944874.052.04%46290105.46188018337.6000000000000.00
05/20/2024WBIGOMF68268W103OneMain Holdings Inc18,77449.980000938324.522.03%46290105.46188018337.6000000000000.00
05/20/2024WBIGT00206R102AT&T Inc54,03317.400000940174.202.03%46290105.46188018337.6000000000000.00
05/20/2024WBIGGIS370334104General Mills Inc13,13071.240000935381.202.02%46290105.46188018337.6000000000000.00
05/20/2024WBIGUGI902681105UGI Corp37,29324.770000923747.612.00%46290105.46188018337.6000000000000.00
05/20/2024WBIGKNTK02215L209Kinetik Holdings Inc22,74240.460000920141.321.99%46290105.46188018337.6000000000000.00
05/20/2024WBIGGILD375558103Gilead Sciences Inc13,11067.720000887809.201.92%46290105.46188018337.6000000000000.00
05/20/2024WBIGCSCO17275R102Cisco Systems Inc18,37048.170000884882.901.91%46290105.46188018337.6000000000000.00
05/20/2024WBIGLYBN53745100LyondellBasell Industries NV8,732100.910000881146.121.90%46290105.46188018337.6000000000000.00
05/20/2024WBIGCHRD674215207Chord Energy Corp4,837180.590000873513.831.89%46290105.46188018337.6000000000000.00
05/20/2024WBIGIBM459200101International Business Machines Corp4,860169.030000821485.801.77%46290105.46188018337.6000000000000.00
05/20/2024WBIGBMY110122108Bristol-Myers Squibb Co17,97544.030000791439.251.71%46290105.46188018337.6000000000000.00
05/20/2024WBIGAOS831865209A O Smith Corp8,69185.680000744644.881.61%46290105.46188018337.6000000000000.00
05/20/2024WBIGWHR963320106Whirlpool Corp8,12991.380000742828.021.60%46290105.46188018337.6000000000000.00
05/20/2024WBIGCVS126650100CVS Health Corp12,70657.680000732882.081.58%46290105.46188018337.6000000000000.00
05/20/2024WBIGCash&OtherCash&OtherCash & Other447,4921.000000447491.840.97%46290105.46188018337.600000000000Y
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Fund Information
As of: 05/17/2024
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$33.99
$0.11
0.51%
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: 05/17/2024
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,227,182
41.71
$33.98
270
-0.04%
1.65%
Performance Month End
As of: 04/30/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.57%
-5.57%
5.74%
17.41%
3.75%
4.39
3.55%
Market
-5.59%
-5.59%
5.92%
17.62%
3.76%
4.41
3.55%
Performance Quarter End
As of: 03/31/2024
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
3.06
11.98
11.98
24.54
7.39
6.51
4.20
Market
3.23
12.19
12.19
25.01
7.37
6.55
4.21

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: 4/30/2024
30-Day SEC Yield
0.68%
WBIL Top Holdings
As of: 05/20/2024
Security Name Weightings Shares
iShares Broad USD High Yield Corporate Bond ETF
Reinsurance Group of America Inc
Spotify Technology SA
Progressive Corp/The
Eaton Corp PLC
American Express Co
Arch Capital Group Ltd
Automatic Data Processing Inc
American Electric Power Co Inc
Service Corp International/US
9.68%
4.85%
4.69%
4.52%
4.39%
4.37%
4.15%
4.12%
4.03%
3.94%
111,084
9,533
6,461
9,017
5,539
7,501
17,144
6,816
18,146
23,230
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
05/20/2024WBILUSHY46435U853iShares Broad USD High Yield Corporate Bond ETF111,08436.3300004035681.729.68%41708848.23122718224.5400000000000.00
05/20/2024WBILRGA759351604Reinsurance Group of America Inc9,533212.3700002024523.214.85%41708848.23122718224.5400000000000.00
05/20/2024WBILSPOTL8681T102Spotify Technology SA6,461302.8200001956520.024.69%41708848.23122718224.5400000000000.00
05/20/2024WBILPGR743315103Progressive Corp/The9,017209.2200001886536.744.52%41708848.23122718224.5400000000000.00
05/20/2024WBILETNG29183103Eaton Corp PLC5,539330.2400001829199.364.39%41708848.23122718224.5400000000000.00
05/20/2024WBILAXP025816109American Express Co7,501242.8200001821392.824.37%41708848.23122718224.5400000000000.00
05/20/2024WBILACGLG0450A105Arch Capital Group Ltd17,144100.9900001731372.564.15%41708848.23122718224.5400000000000.00
05/20/2024WBILADP053015103Automatic Data Processing Inc6,816252.3300001719881.284.12%41708848.23122718224.5400000000000.00
05/20/2024WBILAEP025537101American Electric Power Co Inc18,14692.6700001681589.824.03%41708848.23122718224.5400000000000.00
05/20/2024WBILSCI817565104Service Corp International/US23,23070.7500001643522.503.94%41708848.23122718224.5400000000000.00
05/20/2024WBILCL194162103Colgate-Palmolive Co17,24894.1300001623554.243.89%41708848.23122718224.5400000000000.00
05/20/2024WBILAPO03769M106Apollo Global Management Inc14,292113.0800001616139.363.87%41708848.23122718224.5400000000000.00
05/20/2024WBILMMC571748102Marsh & McLennan Cos Inc7,654209.9700001607110.383.85%41708848.23122718224.5400000000000.00
05/20/2024WBILHRB093671105H&R Block Inc30,40852.3000001590338.403.81%41708848.23122718224.5400000000000.00
05/20/2024WBILKR501044101Kroger Co/The28,46654.2000001542857.203.70%41708848.23122718224.5400000000000.00
05/20/2024WBILVST92840M102Vistra Corp9,85394.080000926970.242.22%41708848.23122718224.5400000000000.00
05/20/2024WBILELV036752103ELEVANCE HEALTH INC1,650547.710000903721.502.17%41708848.23122718224.5400000000000.00
05/20/2024WBILPANW697435105Palo Alto Networks Inc2,651317.850000842620.352.02%41708848.23122718224.5400000000000.00
05/20/2024WBILCARR14448C104Carrier Global Corp12,67765.230000826920.711.98%41708848.23122718224.5400000000000.00
05/20/2024WBILQCOM747525103QUALCOMM Inc4,224193.860000818864.641.96%41708848.23122718224.5400000000000.00
05/20/2024WBILVRSK92345Y106Verisk Analytics Inc3,238251.620000814745.561.95%41708848.23122718224.5400000000000.00
05/20/2024WBILTW892672106Tradeweb Markets Inc7,115112.810000802643.151.92%41708848.23122718224.5400000000000.00
05/20/2024WBILINTU461202103Intuit Inc1,137661.180000751761.661.80%41708848.23122718224.5400000000000.00
05/20/2024WBILDECK243537107Deckers Outdoor Corp825888.560000733062.001.76%41708848.23122718224.5400000000000.00
05/20/2024WBILADBE00724F101Adobe Inc1,510483.430000729979.301.75%41708848.23122718224.5400000000000.00
05/20/2024WBILBR11133T103Broadridge Financial Solutions Inc3,550203.490000722389.501.73%41708848.23122718224.5400000000000.00
05/20/2024WBILBX09260D107Blackstone Inc5,671125.670000712674.571.71%41708848.23122718224.5400000000000.00
05/20/2024WBILLRCX512807108Lam Research Corp755912.070000688612.851.65%41708848.23122718224.5400000000000.00
05/20/2024WBILMOH60855R100Molina Healthcare Inc1,922347.620000668125.641.60%41708848.23122718224.5400000000000.00
05/20/2024WBILFAST311900104Fastenal Co9,66266.420000641750.041.54%41708848.23122718224.5400000000000.00
05/20/2024WBILMPC56585A102Marathon Petroleum Corp3,381179.670000607464.271.46%41708848.23122718224.5400000000000.00
05/20/2024WBILAL00912X302Air Lease Corp9,47349.270000466734.711.12%41708848.23122718224.5400000000000.00
05/20/2024WBILVOYA929089100Voya Financial Inc5,93874.800000444162.401.06%41708848.23122718224.5400000000000.00
05/20/2024WBILCash&OtherCash&OtherCash & Other294,1281.000000294127.850.71%41708848.23122718224.540000000000Y
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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.