PRODUCTS

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$24.80
- $0.09
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIYF345370860FORD MTR CO DEL541,28810.4200005640220.965.48%102917925.004150000830.00
07/16/2019WBIYT00206R102AT&T INC161,87033.7100005456637.705.30%102917925.004150000830.00
07/16/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM35,893143.3200005144184.765.00%102917925.004150000830.00
07/16/2019WBIYCVX166764100CHEVRON CORP NEW40,376125.7200005076070.724.93%102917925.004150000830.00
07/16/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC103,37848.3400004997292.524.86%102917925.004150000830.00
07/16/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC86,84057.5800005000247.204.86%102917925.004150000830.00
07/16/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW57,22184.3200004824874.724.69%102917925.004150000830.00
07/16/2019WBIYABBV00287Y109ABBVIE INC66,60670.2700004680403.624.55%102917925.004150000830.00
07/16/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC170,88723.7100004051730.773.94%102917925.004150000830.00
07/16/2019WBIYWRK96145D105WESTROCK CO106,64635.8500003823259.103.71%102917925.004150000830.00
07/16/2019WBIYWDC958102105WESTERN DIGITAL CORP67,79054.6400003704045.603.60%102917925.004150000830.00
07/16/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -39,24185.8800003370017.083.27%102917925.004150000830.00
07/16/2019WBIYIP460146103INTL PAPER CO79,28141.9800003328216.383.23%102917925.004150000830.00
07/16/2019WBIYHRB093671105BLOCK H & R INC116,01427.9600003243751.443.15%102917925.004150000830.00
07/16/2019WBIYM55616P104MACYS INC146,75422.0400003234458.163.14%102917925.004150000830.00
07/16/2019WBIYTPR876030107TAPESTRY INC81,88730.7500002518025.252.45%102917925.004150000830.00
07/16/2019WBIYGIS370334104GENERAL MLS INC30,38353.1200001613944.961.57%102917925.004150000830.00
07/16/2019WBIYPACW695263103PACWEST BANCORP DEL42,49636.7000001559603.201.52%102917925.004150000830.00
07/16/2019WBIYIVZG491BT108INVESCO LTD73,47720.1200001478357.241.44%102917925.004150000830.00
07/16/2019WBIYNYCB649445103NEW YORK CMNTY BANCORP INC139,94010.4900001467970.601.43%102917925.004150000830.00
07/16/2019WBIYPAGP72651A207PLAINS GP HLDGS L P55,30725.1100001388758.771.35%102917925.004150000830.00
07/16/2019WBIYHOG412822108HARLEY DAVIDSON INC37,66536.3900001370629.351.33%102917925.004150000830.00
07/16/2019WBIYWU959802109WESTERN UN CO64,48920.7700001339436.531.30%102917925.004150000830.00
07/16/2019WBIYUMPQ904214103UMPQUA HLDGS CORP79,56416.6400001323944.961.29%102917925.004150000830.00
07/16/2019WBIYFNB302520101FNB CORP PA111,06211.5500001282766.101.25%102917925.004150000830.00
07/16/2019WBIYPFG74251V102PRINCIPAL FINL GROUP INC21,58158.6900001266588.891.23%102917925.004150000830.00
07/16/2019WBIYMET59156R108METLIFE INC24,88450.7800001263609.521.23%102917925.004150000830.00
07/16/2019WBIYKEY493267108KEYCORP NEW70,60917.5900001242012.311.21%102917925.004150000830.00
07/16/2019WBIYCVI12662P108CVR ENERGY INC23,08453.5900001237071.561.20%102917925.004150000830.00
07/16/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC89,89113.6800001229708.881.19%102917925.004150000830.00
07/16/2019WBIYPBCT712704105PEOPLES UTD FINL INC71,42116.6100001186302.811.15%102917925.004150000830.00
07/16/2019WBIYPRU744320102PRUDENTIAL FINL INC11,482101.8900001169900.981.14%102917925.004150000830.00
07/16/2019WBIYNAVI63938C108NAVIENT CORPORATION84,79013.4000001136186.001.10%102917925.004150000830.00
07/16/2019WBIYPDCO703395103PATTERSON COMPANIES INC44,48821.550000958716.400.93%102917925.004150000830.00
07/16/2019WBIYCash&OtherCash&OtherCash & Other912,3081.000000912307.510.89%102917925.00415000083Y
07/16/2019WBIYBGS05508R106B & G FOODS INC NEW43,24620.320000878758.720.85%102917925.004150000830.00
07/16/2019WBIYODP676220106OFFICE DEPOT INC390,1162.150000838749.400.81%102917925.004150000830.00
07/16/2019WBIYCHS168615102CHICOS FAS INC240,0753.460000830659.500.81%102917925.004150000830.00
07/16/2019WBIYWDR930059100WADDELL & REED FINL INC47,79116.980000811491.180.79%102917925.004150000830.00
07/16/2019WBIYVIRT928254101VIRTU FINL INC35,54621.480000763528.080.74%102917925.004150000830.00
07/16/2019WBIYK487836108KELLOGG CO13,01855.000000715990.000.70%102917925.004150000830.00
07/16/2019WBIYTLRD87403A107TAILORED BRANDS INC116,1395.960000692188.440.67%102917925.004150000830.00
07/16/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A23,57628.800000678988.800.66%102917925.004150000830.00
07/16/2019WBIYHOPE43940T109HOPE BANCORP INC47,44913.760000652898.240.63%102917925.004150000830.00
07/16/2019WBIYPETS716382106PETMED EXPRESS INC34,51716.240000560556.080.54%102917925.004150000830.00
07/16/2019WBIYGEF397624107GREIF INC15,53034.230000531591.900.52%102917925.004150000830.00
07/16/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM45,49711.460000521395.620.51%102917925.004150000830.00
07/16/2019WBIYHAFC410495204HANMI FINL CORP23,11121.610000499428.710.49%102917925.004150000830.00
07/16/2019WBIYKRO50105F105KRONOS WORLDWIDE INC34,62513.880000480595.000.47%102917925.004150000830.00
07/16/2019WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC14,34733.070000474455.290.46%102917925.004150000830.00
07/16/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC49,2909.410000463818.900.45%102917925.004150000830.00
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: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
4,150,000
102.92
$24.78
25,261
-0.10%
0.70% / 0.85%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
8.56%
1.52%
13.01%
-3.25%
 
4.87%
Market
8.50%
1.34%
13.28%
-3.42%
 
4.78%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
8.56
1.52
13.01
-3.25
 
4.87
Market
8.50
1.34
13.28
-3.42
 
4.78

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.54%
4.53%

WBIY Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
FORD MTR CO DEL
AT&T INC
INTERNATIONAL BUSINESS MACHS COM
CHEVRON CORP NEW
SEAGATE TECHNOLOGY PLC
VERIZON COMMUNICATIONS INC
VALERO ENERGY CORP NEW
ABBVIE INC
INTERPUBLIC GROUP COS INC
WESTROCK CO
5.48%
5.30%
5.00%
4.93%
4.86%
4.86%
4.69%
4.55%
3.94%
3.71%
541,288
161,870
35,893
40,376
103,378
86,840
57,221
66,606
170,887
106,646
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$20.71
$0.01
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBITUSHY46435U853ISHARES TR BROAD USD HIGH482,32940.86000019707962.9441.83%47110472.502275000910.00
07/16/2019WBITHYLB233051432DBX ETF TR XTRACK USD HIGH393,15950.02000019665813.1841.74%47110472.502275000910.00
07/16/2019WBITJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS64,755108.6300007034335.6514.93%47110472.502275000910.00
07/16/2019WBITCash&OtherCash&OtherCash & Other701,5281.000000701527.901.49%47110472.50227500091Y
Fund Goals

  • Manage risk to capital
  • Seeks current income and long-term capital appreciation

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,275,000
47.11
$20.70
14,868
-0.06%
0.68%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
1.08%
3.45%
3.45%
 
 
3.45%
Market
1.07%
3.54%
3.54%
 
 
3.54%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
1.08
3.45
3.45
 
 
3.45
Market
1.07
3.54
3.54
 
 
3.54

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
3.38%

WBIT Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
ISHARES TR BROAD USD HIGH
DBX ETF TR XTRACK USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
Cash & Other
41.83%
41.74%
14.93%
1.49%
482,329
393,159
64,755
701,528
Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$25.28
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIIUSHY46435U853ISHARES TR BROAD USD HIGH1,000,29640.86000040872094.5630.07%135932180.4554000001080.00
07/16/2019WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH815,37050.02000040784807.4030.00%135932180.4554000001080.00
07/16/2019WBIIJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS238,150108.63000025870234.5019.03%135932180.4554000001080.00
07/16/2019WBIIIEF464287440ISHARES TR BARCLAYS 7 10 YR87,475109.2800009559268.007.03%135932180.4554000001080.00
07/16/2019WBIIPCY46138E784INVESCO EXCHNG TRADED FD TR II EMRNG MKT SVRG233,58429.2700006837003.685.03%135932180.4554000001080.00
07/16/2019WBIIVGIT92206C706VANGUARD SCOTTSDALE FDS INTER TERM TREAS104,04465.6300006828407.725.02%135932180.4554000001080.00
07/16/2019WBIIEMB464288281ISHARES TR JPMORGAN USD EMG36,188113.2300004097567.243.01%135932180.4554000001080.00
07/16/2019WBIICash&OtherCash&OtherCash & Other1,068,2241.0000001068224.180.79%135932180.455400000108Y
Fund Goals

  • Manage risk to capital
  • Generate high current yield that helps to promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in income-producing debt and equity securities of foreign and domestic companies

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
5,400,000
136.52
$25.27
55,876
-0.06%
1.28%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.94%
3.25%
6.44%
9.75%
2.83%
2.42%
Market
0.93%
3.26%
6.47%
9.68%
2.80%
2.38%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.94
3.25
6.44
9.75
2.83
2.42
Market
0.93
3.26
6.47
9.68
2.80
2.38

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
3.22%
WBII Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
ISHARES TR BROAD USD HIGH
DBX ETF TR XTRACK USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
ISHARES TR BARCLAYS 7 10 YR
INVESCO EXCHNG TRADED FD TR II EMRNG MKT SVRG
VANGUARD SCOTTSDALE FDS INTER TERM TREAS
ISHARES TR JPMORGAN USD EMG
Cash & Other
30.07%
30.00%
19.03%
7.03%
5.03%
5.02%
3.01%
0.79%
1,000,296
815,370
238,150
87,475
233,584
104,044
36,188
1,068,224
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$27.47
- $0.05
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIECash&OtherCash&OtherCash & Other6,237,2751.0000006237275.2610.09%61812000.00225000045Y
07/16/2019WBIECDW12514G108CDW CORP27,203115.9200003153371.765.10%61812000.002250000450.00
07/16/2019WBIENDAQ631103108NASDAQ INC29,093104.2200003032072.464.91%61812000.002250000450.00
07/16/2019WBIEPGR743315103PROGRESSIVE CORP OHIO35,38483.9700002971194.484.81%61812000.002250000450.00
07/16/2019WBIETSN902494103TYSON FOODS INC35,52281.7500002903923.504.70%61812000.002250000450.00
07/16/2019WBIETSCO892356106TRACTOR SUPPLY CO25,851111.4600002881352.464.66%61812000.002250000450.00
07/16/2019WBIEMSI620076307MOTOROLA SOLUTIONS INC16,529172.8000002856211.204.62%61812000.002250000450.00
07/16/2019WBIEALLEG0176J109ALLEGION PUB LTD CO24,305110.7600002692021.804.36%61812000.002250000450.00
07/16/2019WBIEHD437076102HOME DEPOT INC12,057218.7000002636865.904.27%61812000.002250000450.00
07/16/2019WBIENOC666807102NORTHROP GRUMMAN CORP8,059325.2700002621350.934.24%61812000.002250000450.00
07/16/2019WBIEPNC693475105PNC FINL SVCS GROUP INC18,378140.2000002576595.604.17%61812000.002250000450.00
07/16/2019WBIENEE65339F101NEXTERA ENERGY INC12,332208.8500002575538.204.17%61812000.002250000450.00
07/16/2019WBIEROST778296103ROSS STORES INC24,203106.3500002573989.054.16%61812000.002250000450.00
07/16/2019WBIEUNH91324P102UNITEDHEALTH GROUP INC9,658265.9600002568641.684.16%61812000.002250000450.00
07/16/2019WBIEHON438516106HONEYWELL INTL INC14,517175.0100002540620.174.11%61812000.002250000450.00
07/16/2019WBIECMCSA20030N101COMCAST CORP NEW56,46244.7200002524980.644.08%61812000.002250000450.00
07/16/2019WBIEEXPE30212P303EXPEDIA GROUP INC18,419134.7400002481776.064.02%61812000.002250000450.00
07/16/2019WBIEDRI237194105DARDEN RESTAURANTS INC19,691125.4200002469645.224.00%61812000.002250000450.00
07/16/2019WBIEFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM59,12641.5500002456685.303.97%61812000.002250000450.00
07/16/2019WBIEATVI00507V109ACTIVISION BLIZZARD INC50,50847.6600002407211.283.89%61812000.002250000450.00
07/16/2019WBIELOW548661107LOWES COS INC17,764107.9700001917979.083.10%61812000.002250000450.00
07/16/2019WBIEUNP907818108UNION PACIFIC CORP8,330172.6900001438507.702.33%61812000.002250000450.00
07/16/2019WBIEKEY493267108KEYCORP NEW73,49917.5900001292847.412.09%61812000.002250000450.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities with improving fundamental growth trends

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,250,000
61.81
$27.45
15,073
-0.08%
1.05%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.13%
3.65%
7.71%
4.22%
7.81%
2.21%
Market
2.93%
3.63%
7.69%
4.35%
7.90%
2.19%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.13
3.65
7.71
4.22
7.81
2.21
Market
2.93
3.63
7.69
4.35
7.90
2.19

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
1.00%
WBIE Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
CDW CORP
NASDAQ INC
PROGRESSIVE CORP OHIO
TYSON FOODS INC
TRACTOR SUPPLY CO
MOTOROLA SOLUTIONS INC
ALLEGION PUB LTD CO
HOME DEPOT INC
NORTHROP GRUMMAN CORP
10.09%
5.10%
4.91%
4.81%
4.70%
4.66%
4.62%
4.36%
4.27%
4.24%
6,237,275
27,203
29,093
35,384
35,522
25,851
16,529
24,305
12,057
8,059
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$27.60
- $0.06
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIFCash&OtherCash&OtherCash & Other4,816,4551.0000004816454.979.69%49681080.00180000036Y
07/16/2019WBIFNXPIN6596X109NXP SEMICONDUCTORS N V23,58899.1600002338986.084.71%49681080.001800000360.00
07/16/2019WBIFDRI237194105DARDEN RESTAURANTS INC17,777125.4200002229591.344.49%49681080.001800000360.00
07/16/2019WBIFNOC666807102NORTHROP GRUMMAN CORP6,859325.2700002231026.934.49%49681080.001800000360.00
07/16/2019WBIFOMC681919106OMNICOM GROUP INC26,56983.9900002231530.314.49%49681080.001800000360.00
07/16/2019WBIFAMP03076C106AMERIPRISE FINL INC14,810150.2900002225794.904.48%49681080.001800000360.00
07/16/2019WBIFSYF87165B103SYNCHRONY FINL62,12435.8400002226524.164.48%49681080.001800000360.00
07/16/2019WBIFEXPD302130109EXPEDITORS INTL WASH INC29,53574.1100002188838.854.41%49681080.001800000360.00
07/16/2019WBIFDAL247361702DELTA AIR LINES INC DEL35,45261.7000002187388.404.40%49681080.001800000360.00
07/16/2019WBIFBBY086516101BEST BUY INC28,85475.5000002178477.004.38%49681080.001800000360.00
07/16/2019WBIFUNH91324P102UNITEDHEALTH GROUP INC7,973265.9600002120499.084.27%49681080.001800000360.00
07/16/2019WBIFCMI231021106CUMMINS INC12,196171.1200002086979.524.20%49681080.001800000360.00
07/16/2019WBIFTELH84989104TE CONNECTIVITY LTD22,27093.5200002082690.404.19%49681080.001800000360.00
07/16/2019WBIFDFS254709108DISCOVER FINL SVCS25,04481.0300002029315.324.08%49681080.001800000360.00
07/16/2019WBIFUHS913903100UNIVERSAL HLTH SVCS INC15,092133.7600002018705.924.06%49681080.001800000360.00
07/16/2019WBIFSYY871829107SYSCO CORP27,20672.8400001981685.043.99%49681080.001800000360.00
07/16/2019WBIFPH701094104PARKER HANNIFIN CORP11,404167.7600001913135.043.85%49681080.001800000360.00
07/16/2019WBIFKEY493267108KEYCORP NEW107,25817.5900001886668.223.80%49681080.001800000360.00
07/16/2019WBIFUSB902973304US BANCORP DEL34,29053.1200001821484.803.67%49681080.001800000360.00
07/16/2019WBIFIBKR45841N107INTERACTIVE BROKERS GROUP INC COM CL A35,18251.0900001797448.383.62%49681080.001800000360.00
07/16/2019WBIFCAT149123101CATERPILLAR INC DEL11,416139.6400001594130.243.21%49681080.001800000360.00
07/16/2019WBIFHBAN446150104HUNTINGTON BANCSHARES INC112,27013.6800001535853.603.09%49681080.001800000360.00
07/16/2019WBIFFITB316773100FIFTH THIRD BANCORP51,30327.8100001426736.432.87%49681080.001800000360.00
07/16/2019WBIFLOW548661107LOWES COS INC4,908107.970000529916.761.07%49681080.001800000360.00
Fund Goals

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

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,800,000
49.68
$27.57
12,800
-0.13%
1.05%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
2.56%
-2.01%
-0.03%
-2.53%
8.63%
2.61%
Market
2.56%
-2.02%
-0.16%
-2.47%
8.72%
2.59%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
2.56
-2.01
-0.03
-2.53
8.63
2.61
Market
2.56
-2.02
-0.16
-2.47
8.72
2.59

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
1.20%
WBIF Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
NXP SEMICONDUCTORS N V
DARDEN RESTAURANTS INC
NORTHROP GRUMMAN CORP
OMNICOM GROUP INC
AMERIPRISE FINL INC
SYNCHRONY FINL
EXPEDITORS INTL WASH INC
DELTA AIR LINES INC DEL
BEST BUY INC
9.69%
4.71%
4.49%
4.49%
4.49%
4.48%
4.48%
4.41%
4.40%
4.38%
4,816,455
23,588
17,777
6,859
26,569
14,810
62,124
29,535
35,452
28,854
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$24.42
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIGCash&OtherCash&OtherCash & Other7,301,0981.0000007301098.259.97%73207476.87300000060Y
07/16/2019WBIGT00206R102AT&T INC108,55833.7100003659490.185.00%73207476.873000000600.00
07/16/2019WBIGJCIG51502105JOHNSON CTLS INTL PLC86,44241.8200003615004.444.94%73207476.873000000600.00
07/16/2019WBIGHIG416515104HARTFORD FINL SVCS GROUP INC COM60,57557.7200003496389.004.78%73207476.873000000600.00
07/16/2019WBIGCAH14149Y108CARDINAL HEALTH INC72,38847.5000003438430.004.70%73207476.873000000600.00
07/16/2019WBIGDAL247361702DELTA AIR LINES INC DEL55,54661.7000003427188.204.68%73207476.873000000600.00
07/16/2019WBIGPFG74251V102PRINCIPAL FINL GROUP INC57,12458.6900003352607.564.58%73207476.873000000600.00
07/16/2019WBIGOMC681919106OMNICOM GROUP INC38,68883.9900003249405.124.44%73207476.873000000600.00
07/16/2019WBIGGILD375558103GILEAD SCIENCES INC47,59968.0700003240063.934.43%73207476.873000000600.00
07/16/2019WBIGTRV89417E109TRAVELERS COMPANIES INC20,518154.8300003176801.944.34%73207476.873000000600.00
07/16/2019WBIGVIAB92553P201VIACOM INC NEW97,09931.7300003080951.274.21%73207476.873000000600.00
07/16/2019WBIGLMT539830109LOCKHEED MARTIN CORP8,269367.6900003040428.614.15%73207476.873000000600.00
07/16/2019WBIGCAT149123101CATERPILLAR INC DEL21,590139.6400003014827.604.12%73207476.873000000600.00
07/16/2019WBIGAES00130H105AES CORP172,56317.1500002959455.454.04%73207476.873000000600.00
07/16/2019WBIGSYF87165B103SYNCHRONY FINL82,59035.8400002960025.604.04%73207476.873000000600.00
07/16/2019WBIGDRI237194105DARDEN RESTAURANTS INC23,547125.4200002953264.744.03%73207476.873000000600.00
07/16/2019WBIGFITB316773100FIFTH THIRD BANCORP101,62627.8100002826219.063.86%73207476.873000000600.00
07/16/2019WBIGEXC30161N101EXELON CORP57,30448.8800002801019.523.83%73207476.873000000600.00
07/16/2019WBIGSJM832696405SMUCKER J M CO23,249115.0900002675727.413.65%73207476.873000000600.00
07/16/2019WBIGPM718172109PHILIP MORRIS INTL INC32,40381.4700002639872.413.61%73207476.873000000600.00
07/16/2019WBIGUSB902973304US BANCORP DEL47,94153.1200002546625.923.48%73207476.873000000600.00
07/16/2019WBIGPNC693475105PNC FINL SVCS GROUP INC9,923140.2000001391204.601.90%73207476.873000000600.00
07/16/2019WBIGPRU744320102PRUDENTIAL FINL INC12,282101.8900001251412.981.71%73207476.873000000600.00
07/16/2019WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM26,41841.5500001097667.901.50%73207476.873000000600.00
Fund Goals

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

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,000,000
73.26
$24.41
19,915
-0.04%
1.04%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.79%
-1.53%
3.73%
-5.22%
7.50%
0.46%
Market
3.74%
-1.65%
3.74%
-5.26%
7.53%
0.42%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.79
-1.53
3.73
-5.22
7.50
0.46
Market
3.74
-1.65
3.74
-5.26
7.53
0.42

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
1.89%
WBIG Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
AT&T INC
JOHNSON CTLS INTL PLC
HARTFORD FINL SVCS GROUP INC COM
CARDINAL HEALTH INC
DELTA AIR LINES INC DEL
PRINCIPAL FINL GROUP INC
OMNICOM GROUP INC
GILEAD SCIENCES INC
TRAVELERS COMPANIES INC
9.97%
5.00%
4.94%
4.78%
4.70%
4.68%
4.58%
4.44%
4.43%
4.34%
7,301,098
108,558
86,442
60,575
72,388
55,546
57,124
38,688
47,599
20,518
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$27.99
$0.00
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBILCash&OtherCash&OtherCash & Other6,405,8181.0000006405818.4610.40%61569860.00220000044Y
07/16/2019WBILOMC681919106OMNICOM GROUP INC35,11483.9900002949224.864.79%61569860.002200000440.00
07/16/2019WBILKO191216100COCA COLA CO55,80052.1300002908854.004.72%61569860.002200000440.00
07/16/2019WBILACNG1151C101ACCENTURE PLC IRELAND14,131195.3200002760066.924.48%61569860.002200000440.00
07/16/2019WBILV92826C839VISA INC14,929180.5700002695729.534.38%61569860.002200000440.00
07/16/2019WBILWMT931142103WALMART INC23,410114.9800002691681.804.37%61569860.002200000440.00
07/16/2019WBILPFE717081103PFIZER INC62,22242.7500002659990.504.32%61569860.002200000440.00
07/16/2019WBILHD437076102HOME DEPOT INC11,980218.7000002620026.004.26%61569860.002200000440.00
07/16/2019WBILBR11133T103BROADRIDGE FINL SOLUTIONS INC COM19,545132.5900002591471.554.21%61569860.002200000440.00
07/16/2019WBILMSFT594918104MICROSOFT CORP18,559138.9000002577845.104.19%61569860.002200000440.00
07/16/2019WBILVIAB92553P201VIACOM INC NEW80,59231.7300002557184.164.15%61569860.002200000440.00
07/16/2019WBILIEX45167R104IDEX CORP15,093169.1800002553433.744.15%61569860.002200000440.00
07/16/2019WBILCDW12514G108CDW CORP22,011115.9200002551515.124.14%61569860.002200000440.00
07/16/2019WBILMMC571748102MARSH & MCLENNAN COS INC24,607103.0200002535013.144.12%61569860.002200000440.00
07/16/2019WBILDG256677105DOLLAR GEN CORP NEW17,750142.2600002525115.004.10%61569860.002200000440.00
07/16/2019WBILHRL440452100HORMEL FOODS CORP60,15141.2400002480627.244.03%61569860.002200000440.00
07/16/2019WBILROST778296103ROSS STORES INC23,146106.3500002461577.104.00%61569860.002200000440.00
07/16/2019WBILERIE29530P102ERIE INDTY CO9,273265.2200002459385.063.99%61569860.002200000440.00
07/16/2019WBILFDS303075105FACTSET RESH SYS INC8,105294.3200002385463.603.87%61569860.002200000440.00
07/16/2019WBILTGT87612E106TARGET CORP27,03086.8000002346204.003.81%61569860.002200000440.00
07/16/2019WBILTRV89417E109TRAVELERS COMPANIES INC13,737154.8300002126899.713.45%61569860.002200000440.00
07/16/2019WBILPEP713448108PEPSICO INC14,008134.1500001879173.203.05%61569860.002200000440.00
07/16/2019WBILINTU461202103INTUIT6,534282.5500001846181.703.00%61569860.002200000440.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities with attractive value characteristics and prospects for financial stability

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,200,000
61.57
$27.97
16,163
-0.08%
1.07%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
4.69%
3.57%
10.90%
5.08%
8.51%
2.39%
Market
4.77%
3.59%
10.87%
4.91%
8.61%
2.37%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
4.69
3.57
10.90
5.08
8.51
2.39
Market
4.77
3.59
10.87
4.91
8.61
2.37

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
0.84%
WBIL Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
OMNICOM GROUP INC
COCA COLA CO
ACCENTURE PLC IRELAND
VISA INC
WALMART INC
PFIZER INC
HOME DEPOT INC
BROADRIDGE FINL SOLUTIONS INC COM
MICROSOFT CORP
10.40%
4.79%
4.72%
4.48%
4.38%
4.37%
4.32%
4.26%
4.21%
4.19%
6,405,818
35,114
55,800
14,131
14,929
23,410
62,222
11,980
19,545
18,559
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$21.95
- $0.09
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIACash&OtherCash&OtherCash & Other1,262,3091.0000001262309.299.58%13172940.0060000012Y
07/16/2019WBIABAH099502106BOOZ ALLEN HAMILTON HLDG CORP CL A9,60068.730000659808.005.01%13172940.00600000120.00
07/16/2019WBIACBRL22410J106CRACKER BARREL OLD CTRY STORE COM3,378178.680000603581.044.58%13172940.00600000120.00
07/16/2019WBIASFBS81768T108SERVISFIRST BANCSHARES INC18,12132.870000595637.274.52%13172940.00600000120.00
07/16/2019WBIAALLEG0176J109ALLEGION PUB LTD CO5,329110.760000590240.044.48%13172940.00600000120.00
07/16/2019WBIAAAN002535300AARONS INC9,17464.120000588236.884.47%13172940.00600000120.00
07/16/2019WBIAMDC552676108M D C HLDGS INC15,68537.360000585991.604.45%13172940.00600000120.00
07/16/2019WBIAOSK688239201OSHKOSH CORP6,85485.210000584029.344.43%13172940.00600000120.00
07/16/2019WBIACIT125581801CIT GROUP INC11,28750.870000574169.694.36%13172940.00600000120.00
07/16/2019WBIAHUBB443510607HUBBELL INC4,440127.250000564990.004.29%13172940.00600000120.00
07/16/2019WBIAWEN95058W100WENDYS CO29,38919.230000565150.474.29%13172940.00600000120.00
07/16/2019WBIADOXG02602103AMDOCS LTD8,73063.620000555402.604.22%13172940.00600000120.00
07/16/2019WBIAWTS942749102WATTS WATER TECHNOLOGIES INC CL A6,00591.480000549337.404.17%13172940.00600000120.00
07/16/2019WBIACASY147528103CASEYS GEN STORES INC3,344159.540000533501.764.05%13172940.00600000120.00
07/16/2019WBIARS759509102RELIANCE STEEL & ALUMINUM CO COM5,72492.370000528725.884.01%13172940.00600000120.00
07/16/2019WBIAPHM745867101PULTE GROUP INC15,81833.140000524208.523.98%13172940.00600000120.00
07/16/2019WBIAPRI74164M108PRIMERICA INC4,148123.990000514310.523.90%13172940.00600000120.00
07/16/2019WBIASLGN827048109SILGAN HOLDINGS INC16,89530.220000510566.903.88%13172940.00600000120.00
07/16/2019WBIAHOMB436893200HOME BANCSHARES INC24,77418.960000469715.043.57%13172940.00600000120.00
07/16/2019WBIAWSM969904101WILLIAMS SONOMA INC6,34769.100000438577.703.33%13172940.00600000120.00
07/16/2019WBIAWTFC97650W108WINTRUST FINL CORP5,86570.050000410843.253.12%13172940.00600000120.00
07/16/2019WBIABWXT05605H100BWX TECHNOLOGIES INC7,02452.660000369883.842.81%13172940.00600000120.00
07/16/2019WBIAIPG460690100INTERPUBLIC GROUP COS INC11,40523.710000270412.552.05%13172940.00600000120.00
07/16/2019WBIAUVV913456109UNIVERSAL CORP VA3,02860.680000183739.041.39%13172940.00600000120.00
07/16/2019WBIAFBHS34964C106FORTUNE BRANDS HOME & SEC INC COM2,47056.360000139209.201.06%13172940.00600000120.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with improving fundamental growth trends

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
600,000
13.17
$21.94
4,719
-0.09%
1.08%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
6.73%
1.19%
3.14%
-9.83%
0.79%
-2.34%
Market
6.55%
1.10%
3.11%
-9.84%
0.90%
-2.36%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
6.73
1.19
3.14
-9.83
0.79
-2.34
Market
6.55
1.10
3.11
-9.84
0.90
-2.36

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
0.64%
WBIA Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
BOOZ ALLEN HAMILTON HLDG CORP CL A
CRACKER BARREL OLD CTRY STORE COM
SERVISFIRST BANCSHARES INC
ALLEGION PUB LTD CO
AARONS INC
M D C HLDGS INC
OSHKOSH CORP
CIT GROUP INC
HUBBELL INC
9.58%
5.01%
4.58%
4.52%
4.48%
4.47%
4.45%
4.43%
4.36%
4.29%
1,262,309
9,600
3,378
18,121
5,329
9,174
15,685
6,854
11,287
4,440
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$23.16
- $0.10
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIBCash&OtherCash&OtherCash & Other2,410,6691.0000002410668.828.67%27791160.00120000024Y
07/16/2019WBIBLDOS525327102LEIDOS HLDGS INC16,90782.3400001392122.385.01%27791160.001200000240.00
07/16/2019WBIBLM524901105LEGG MASON INC33,78938.7000001307634.304.71%27791160.001200000240.00
07/16/2019WBIBTGNA87901J105TEGNA INC79,07615.7700001247028.524.49%27791160.001200000240.00
07/16/2019WBIBOSK688239201OSHKOSH CORP13,99785.2100001192684.374.29%27791160.001200000240.00
07/16/2019WBIBAGCO001084102AGCO CORP15,38577.1500001186952.754.27%27791160.001200000240.00
07/16/2019WBIBXRX984121608XEROX CORP33,91135.0100001187224.114.27%27791160.001200000240.00
07/16/2019WBIBDAN235825205DANA INC64,25718.4600001186184.224.27%27791160.001200000240.00
07/16/2019WBIBRGA759351604REINSURANCE GRP OF AMERICA INC COM NEW7,411158.8900001177533.794.24%27791160.001200000240.00
07/16/2019WBIBWGO974637100WINNEBAGO INDS INC29,92139.1500001171407.154.22%27791160.001200000240.00
07/16/2019WBIBGPI398905109GROUP 1 AUTOMOTIVE INC14,17481.6600001157448.844.16%27791160.001200000240.00
07/16/2019WBIBSON835495102SONOCO PRODS CO17,75164.4300001143696.934.12%27791160.001200000240.00
07/16/2019WBIBORI680223104OLD REP INTL CORP49,84022.9900001145821.604.12%27791160.001200000240.00
07/16/2019WBIBABM000957100ABM INDS INC27,50341.5000001141374.504.11%27791160.001200000240.00
07/16/2019WBIBRS759509102RELIANCE STEEL & ALUMINUM CO COM12,17392.3700001124420.014.05%27791160.001200000240.00
07/16/2019WBIBSLGN827048109SILGAN HOLDINGS INC36,85130.2200001113637.224.01%27791160.001200000240.00
07/16/2019WBIBTKR887389104TIMKEN CO22,95347.7000001094858.103.94%27791160.001200000240.00
07/16/2019WBIBHBI410345102HANESBRANDS INC65,31116.6200001085468.823.91%27791160.001200000240.00
07/16/2019WBIBSNA833034101SNAP ON INC6,600158.3600001045176.003.76%27791160.001200000240.00
07/16/2019WBIBB067806109BARNES GROUP INC18,01453.750000968252.503.48%27791160.001200000240.00
07/16/2019WBIBKNL498904200KNOLL INC37,59423.490000883083.063.18%27791160.001200000240.00
07/16/2019WBIBHTH432748101HILLTOP HOLDINGS INC40,89621.370000873947.523.14%27791160.001200000240.00
07/16/2019WBIBMERC588056101MERCER INTL INC44,14313.430000592840.492.13%27791160.001200000240.00
07/16/2019WBIBIPG460690100INTERPUBLIC GROUP COS INC24,22923.710000574469.592.07%27791160.001200000240.00
07/16/2019WBIBPKG695156109PACKAGING CORP AMER3,97997.120000386440.481.39%27791160.001200000240.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with consistent fundamentals and strong value characteristics

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,200,000
27.79
$23.13
8,368
-0.15%
1.06%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
7.02%
6.60%
12.00%
-2.87%
3.73%
-0.70%
Market
6.99%
6.40%
12.08%
-2.90%
3.77%
-0.73%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
7.02
6.60
12.00
-2.87
3.73
-0.70
Market
6.99
6.40
12.08
-2.90
3.77
-0.73

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
0.96%
WBIB Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
LEIDOS HLDGS INC
LEGG MASON INC
TEGNA INC
OSHKOSH CORP
AGCO CORP
XEROX CORP
DANA INC
REINSURANCE GRP OF AMERICA INC COM NEW
WINNEBAGO INDS INC
8.67%
5.01%
4.71%
4.49%
4.29%
4.27%
4.27%
4.27%
4.24%
4.22%
2,410,669
16,907
33,789
79,076
13,997
15,385
33,911
64,257
7,411
29,921
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$19.16
- $0.01
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBICCash&OtherCash&OtherCash & Other7,033,8531.0000007033853.2119.33%36390690.16190000038Y
07/16/2019WBICWYND98310W108WYNDHAM DESTINATIONS INC40,89646.4900001901255.045.22%36390690.161900000380.00
07/16/2019WBICREG3223R108EVEREST RE GROUP LTD6,994258.3000001806550.204.96%36390690.161900000380.00
07/16/2019WBICSON835495102SONOCO PRODS CO26,10664.4300001682009.584.62%36390690.161900000380.00
07/16/2019WBICMDC552676108M D C HLDGS INC44,66737.3600001668759.124.59%36390690.161900000380.00
07/16/2019WBICPACW695263103PACWEST BANCORP DEL45,41036.7000001666547.004.58%36390690.161900000380.00
07/16/2019WBICIPG460690100INTERPUBLIC GROUP COS INC70,14823.7100001663209.084.57%36390690.161900000380.00
07/16/2019WBICWSM969904101WILLIAMS SONOMA INC23,46369.1000001621293.304.46%36390690.161900000380.00
07/16/2019WBICUVV913456109UNIVERSAL CORP VA26,61060.6800001614694.804.44%36390690.161900000380.00
07/16/2019WBICDIN254423106DINE BRANDS GLOBAL INC16,26899.3100001615575.084.44%36390690.161900000380.00
07/16/2019WBICKNL498904200KNOLL INC67,21223.4900001578809.884.34%36390690.161900000380.00
07/16/2019WBICMCY589400100MERCURY GENL CORP NEW23,65264.1200001516566.244.17%36390690.161900000380.00
07/16/2019WBICNHC635906100NATIONAL HEALTHCARE CORP17,87582.5700001475938.754.06%36390690.161900000380.00
07/16/2019WBICJW/A968223206WILEY JOHN & SONS INC31,79645.8300001457210.684.00%36390690.161900000380.00
07/16/2019WBICHBI410345102HANESBRANDS INC87,44716.6200001453369.143.99%36390690.161900000380.00
07/16/2019WBICPKG695156109PACKAGING CORP AMER14,95197.1200001452041.123.99%36390690.161900000380.00
07/16/2019WBICCBT127055101CABOT CORP31,67545.8000001450715.003.99%36390690.161900000380.00
07/16/2019WBICMERC588056101MERCER INTL INC93,54313.4300001256282.493.45%36390690.161900000380.00
07/16/2019WBICFNB302520101FNB CORP PA76,10711.550000879035.852.42%36390690.161900000380.00
07/16/2019WBICFHN320517105FIRST HORIZON NATL CORP59,33814.800000878202.402.41%36390690.161900000380.00
07/16/2019WBICNAVI63938C108NAVIENT CORPORATION33,59913.400000450226.601.24%36390690.161900000380.00
07/16/2019WBICARDL0223L101ARDAGH GROUP S A8,76518.130000158909.450.44%36390690.161900000380.00
07/16/2019WBICPRK700658107PARK NATL CORP1,15997.210000112666.390.31%36390690.161900000380.00
Fund Goals

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

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,900,000
36.41
$19.14
12,780
-0.12%
1.06%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
4.02%
-1.96%
-3.19%
-14.61%
-0.31%
-4.11%
Market
3.86%
-2.27%
-3.37%
-14.71%
-0.31%
-4.17%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
4.02
-1.96
-3.19
-14.61
-0.31
-4.11
Market
3.86
-2.27
-3.37
-14.71
-0.31
-4.17

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
2.13%
WBIC Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
WYNDHAM DESTINATIONS INC
EVEREST RE GROUP LTD
SONOCO PRODS CO
M D C HLDGS INC
PACWEST BANCORP DEL
INTERPUBLIC GROUP COS INC
WILLIAMS SONOMA INC
UNIVERSAL CORP VA
DINE BRANDS GLOBAL INC
19.33%
5.22%
4.96%
4.62%
4.59%
4.58%
4.57%
4.46%
4.44%
4.44%
7,033,853
40,896
6,994
26,106
44,667
45,410
70,148
23,463
26,610
16,268
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 07/15/2019
NAV Daily Change Fact Sheet Holdings
$20.18
- $0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
07/16/2019WBIDCash&OtherCash&OtherCash & Other944,0391.000000944039.269.36%10091000.0050000010Y
07/16/2019WBIDTTEK88162G103TETRA TECH INC NEW6,48983.900000544427.105.40%10091000.00500000100.00
07/16/2019WBIDEVTC30040P103EVERTEC INC16,05733.350000535500.955.31%10091000.00500000100.00
07/16/2019WBIDNSP45778Q107INSPERITY INC3,698133.400000493313.204.89%10091000.00500000100.00
07/16/2019WBIDCBRL22410J106CRACKER BARREL OLD CTRY STORE COM2,740178.680000489583.204.85%10091000.00500000100.00
07/16/2019WBIDLPLA50212V100LPL FINL HLDGS INC5,68685.090000483821.744.79%10091000.00500000100.00
07/16/2019WBIDCHE16359R103CHEMED CORP NEW1,279376.010000480916.794.77%10091000.00500000100.00
07/16/2019WBIDEHC29261A100ENCOMPASS HEALTH CORP7,35464.390000473524.064.69%10091000.00500000100.00
07/16/2019WBIDWGO974637100WINNEBAGO INDS INC11,94039.150000467451.004.63%10091000.00500000100.00
07/16/2019WBIDUCBI90984P303UNITED CMNTY BKS BLAIRSVLE GA COM16,45027.700000455665.004.52%10091000.00500000100.00
07/16/2019WBIDAYI00508Y102ACUITY BRANDS INC3,302133.160000439694.324.36%10091000.0050000010429.26
07/16/2019WBIDPHM745867101PULTE GROUP INC13,15433.140000435923.564.32%10091000.00500000100.00
07/16/2019WBIDITT45073V108ITT INC6,59464.310000424060.144.20%10091000.00500000100.00
07/16/2019WBIDEME29084Q100EMCOR GROUP INC4,73087.740000415010.204.11%10091000.00500000100.00
07/16/2019WBIDRS759509102RELIANCE STEEL & ALUMINUM CO COM4,40092.370000406428.004.03%10091000.00500000100.00
07/16/2019WBIDRDN750236101RADIAN GROUP INC16,86423.510000396472.643.93%10091000.00500000100.00
07/16/2019WBIDTER880770102TERADYNE INC8,24546.480000383227.603.80%10091000.00500000100.00
07/16/2019WBIDSNA833034101SNAP ON INC2,400158.360000380064.003.77%10091000.00500000100.00
07/16/2019WBIDTCBK896095106TRICO BANCSHARES9,91837.540000372321.723.69%10091000.00500000100.00
07/16/2019WBIDDAN235825205DANA INC14,95218.460000276013.922.74%10091000.00500000100.00
07/16/2019WBIDCSWI126402106CSW INDUSTRIALS INC2,90770.390000204623.732.03%10091000.00500000100.00
07/16/2019WBIDIOSP45768S105INNOSPEC INC1,72092.160000158515.201.57%10091000.00500000100.00
07/16/2019WBIDTMK891027104TORCHMARK CORP1,65592.260000152690.301.51%10091000.00500000100.00
07/16/2019WBIDKNL498904200KNOLL INC6,27623.490000147423.241.46%10091000.00500000100.00
07/16/2019WBIDHLI441593100HOULIHAN LOKEY INC3,02243.020000130006.441.29%10091000.00500000100.00
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with attractive value characteristics and prospects for financial stability

Prices
As of: 07/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
500,000
10.09
$20.16
4,638
-0.13%
1.06%
Performance Month End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
5.28%
-3.24%
-4.27%
-13.84%
-0.32%
-3.91%
Market
5.21%
-3.35%
-4.38%
-14.16%
-0.24%
-3.95%
Performance Quarter End
As of: 06/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
5.28
-3.24
-4.27
-13.84
-0.32
-3.91
Market
5.21
-3.35
-4.38
-14.16
-0.24
-3.95

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 6/28/2019
30-Day SEC Yield
0.28%
WBID Top Holdings
As of: 07/16/2019
Security Name Weightings Shares
Cash & Other
TETRA TECH INC NEW
EVERTEC INC
INSPERITY INC
CRACKER BARREL OLD CTRY STORE COM
LPL FINL HLDGS INC
CHEMED CORP NEW
ENCOMPASS HEALTH CORP
WINNEBAGO INDS INC
UNITED CMNTY BKS BLAIRSVLE GA COM
9.36%
5.40%
5.31%
4.89%
4.85%
4.79%
4.77%
4.69%
4.63%
4.52%
944,039
6,489
16,057
3,698
2,740
5,686
1,279
7,354
11,940
16,450
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

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.

An investment in the Funds is subject to risk, including the possible loss of principal. The Funds may invest in foreign and emerging market securities which carry additional risks than investing in the United States such as currency fluctuation, economic or financial instability, and lack of timely or reliable financial information or unfavorable political or legal developments. The Funds are subject to model risk, the investment process includes the use of proprietary models and analysis which rely on third party data and if inaccurate could adversely affect the Fund performance. The Funds may invest in REITs and will be subject to the risks associated with the direct ownership of real estate and annual compliance with tax files applicable to REITs. Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates and risk related to general or local economic conditions.

The Funds may invest in Exchange Traded Funds (ETFs), mutual funds and Exchange Traded Notes (ETNs) which will subject the Funds to additional expenses of each ETF, mutual fund or ETN and risk of owning the underlying securities held by each. Options on securities may be subject to greater fluctuations in value than an investment in the underlying securities. Master Limited Partnership risk entails risks such as fluctuations in energy prices, decrease in supply of or demand for energy commodities.

In addition, the Funds are subject to market risk, management risk, dividend risk, growth risk, value risk, debt security risk, high-yield security risk, small and medium company risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, and trading price risk. New ETFs may also be subject to “new fund” risk in that it has no operating history and that its strategy may not be viable over time.

In addition, there are risks specific to WBIY. The Fund invests in high yielding stocks, which are often speculative, high risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. The Fund 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.