PRODUCTS

Fund Information
As of: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$24.48
$0.28
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIYT00206R102AT&T INC137,59337.9000005214774.705.68%91794000.003750000750.00
10/16/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC93,97554.9400005162986.505.62%91794000.003750000750.00
10/16/2019WBIYABBV00287Y109ABBVIE INC66,71074.5000004969895.005.41%91794000.003750000750.00
10/16/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC77,97860.5500004721567.905.14%91794000.003750000750.00
10/16/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW50,10289.4500004481623.904.88%91794000.003750000750.00
10/16/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM29,817143.0000004263831.004.64%91794000.003750000750.00
10/16/2019WBIYF345370860FORD MTR CO DEL443,7479.0700004024785.294.38%91794000.003750000750.00
10/16/2019WBIYMO02209S103ALTRIA GROUP INC87,83043.4300003814456.904.16%91794000.003750000750.00
10/16/2019WBIYJWN655664100NORDSTROM INC106,50235.4800003778690.964.12%91794000.003750000750.00
10/16/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -37,66287.2000003284126.403.58%91794000.003750000750.00
10/16/2019WBIYIP460146103INTL PAPER CO72,93441.4200003020926.283.29%91794000.003750000750.00
10/16/2019WBIYK487836108KELLOGG CO48,10561.9300002979142.653.25%91794000.003750000750.00
10/16/2019WBIYWRK96145D105WESTROCK CO76,73536.2500002781643.753.03%91794000.003750000750.00
10/16/2019WBIYNYCB649445103NEW YORK CMNTY BANCORP INC168,65613.0200002195901.122.39%91794000.003750000750.00
10/16/2019WBIYKSS500255104KOHLS CORP41,85051.4500002153182.502.35%91794000.003750000750.00
10/16/2019WBIYCC163851108CHEMOURS CO125,84214.7500001856169.502.02%91794000.003750000750.00
10/16/2019WBIYM55616P104MACYS INC115,66515.6900001814783.851.98%91794000.003750000750.00
10/16/2019WBIYGPS364760108GAP INC104,68017.3200001813057.601.98%91794000.003750000750.00
10/16/2019WBIYRLGY75605Y106REALOGY HLDGS CORP214,1007.3800001580058.001.72%91794000.003750000750.00
10/16/2019WBIYCash&OtherCash&OtherCash & Other1,498,1751.0000001498174.721.63%91794000.00375000075Y
10/16/2019WBIYTPR876030107TAPESTRY INC55,67225.5200001420749.441.55%91794000.003750000750.00
10/16/2019WBIYIVZG491BT108INVESCO LTD86,97715.7900001373366.831.50%91794000.003750000750.00
10/16/2019WBIYWU959802109WESTERN UN CO56,95623.9700001365235.321.49%91794000.003750000750.00
10/16/2019WBIYHOG412822108HARLEY DAVIDSON INC36,54536.4300001331334.351.45%91794000.003750000750.00
10/16/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC87,56814.2450001247406.161.36%91794000.003750000750.00
10/16/2019WBIYKEY493267108KEYCORP NEW66,42217.7800001180983.161.29%91794000.003750000750.00
10/16/2019WBIYGIS370334104GENERAL MLS INC21,92753.6100001175506.471.28%91794000.003750000750.00
10/16/2019WBIYPACW695263103PACWEST BANCORP DEL31,33436.8700001155284.581.26%91794000.003750000750.00
10/16/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC55,20020.6800001141536.001.24%91794000.003750000750.00
10/16/2019WBIYPAGP72651A207PLAINS GP HLDGS L P54,54119.4000001058095.401.15%91794000.003750000750.00
10/16/2019WBIYPRU744320102PRUDENTIAL FINL INC11,51989.9500001036134.051.13%91794000.003750000750.00
10/16/2019WBIYHRB093671105BLOCK H & R INC41,45723.440000971752.081.06%91794000.003750000750.00
10/16/2019WBIYAMC00165C104AMC ENTMT HLDGS INC105,1719.170000964418.071.05%91794000.003750000750.00
10/16/2019WBIYFNB302520101FNB CORP PA81,01711.920000965722.641.05%91794000.003750000750.00
10/16/2019WBIYBGS05508R106B & G FOODS INC NEW47,91416.560000793455.840.86%91794000.003750000750.00
10/16/2019WBIYCVI12662P108CVR ENERGY INC18,00043.790000788220.000.86%91794000.003750000750.00
10/16/2019WBIYVIRT928254101VIRTU FINL INC46,88916.465000772027.390.84%91794000.003750000750.00
10/16/2019WBIYNAVI63938C108NAVIENT CORPORATION63,06812.010000757446.680.83%91794000.003750000750.00
10/16/2019WBIYPETS716382106PETMED EXPRESS INC38,41918.730000719587.870.78%91794000.003750000750.00
10/16/2019WBIYCHS168615102CHICOS FAS INC179,4013.500000627903.500.68%91794000.003750000750.00
10/16/2019WBIYANF002896207ABERCROMBIE & FITCH CO38,78715.320000594216.840.65%91794000.003750000750.00
10/16/2019WBIYWDR930059100WADDELL & REED FINL INC37,63515.340000577320.900.63%91794000.003750000750.00
10/16/2019WBIYGEF397624107GREIF INC15,06137.780000569004.580.62%91794000.003750000750.00
10/16/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A21,30426.200000558164.800.61%91794000.003750000750.00
10/16/2019WBIYODP676220106OFFICE DEPOT INC295,8011.885000557584.890.61%91794000.003750000750.00
10/16/2019WBIYCVA22282E102COVANTA HLDG CORP31,47116.260000511718.460.56%91794000.003750000750.00
10/16/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM40,44911.590000468803.910.51%91794000.003750000750.00
10/16/2019WBIYHOPE43940T109HOPE BANCORP INC32,46114.130000458673.930.50%91794000.003750000750.00
10/16/2019WBIYBIG089302103BIG LOTS INC19,31522.140000427634.100.47%91794000.003750000750.00
10/16/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC50,7038.500000430975.500.47%91794000.003750000750.00
10/16/2019WBIYXOM30231G102EXXON MOBIL CORP5,49169.420000381185.220.42%91794000.003750000750.00
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
3,750,000
91.79
$24.46
8,169
-0.10%
0.70% / 0.85%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.55%
0.60%
13.69%
-3.52%
 
4.64%
Market
7.43%
0.60%
13.97%
-3.69%
 
4.56%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.55
0.60
13.69
-3.52
 
4.64
Market
7.43
0.60
13.97
-3.69
 
4.56

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: 9/30/2019
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.89%
4.88%

WBIY Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
AT&T INC
SEAGATE TECHNOLOGY PLC
ABBVIE INC
VERIZON COMMUNICATIONS INC
VALERO ENERGY CORP NEW
INTERNATIONAL BUSINESS MACHS COM
FORD MTR CO DEL
ALTRIA GROUP INC
NORDSTROM INC
LYONDELLBASELL INDUSTRIES N V SHS - A -
5.68%
5.62%
5.41%
5.14%
4.88%
4.64%
4.38%
4.16%
4.12%
3.58%
137,593
93,975
66,710
77,978
50,102
29,817
443,747
87,830
106,502
37,662
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$21.00
$0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBITHYLB233051432DBX ETF TR XTRACK USD HIGH338,80549.96000016926697.8041.87%40431160.001925000770.00
10/16/2019WBITUSHY46435U853ISHARES TR BROAD USD HIGH414,96040.74000016905470.4041.81%40431160.001925000770.00
10/16/2019WBITJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS55,815108.3800006049229.7014.96%40431160.001925000770.00
10/16/2019WBITCash&OtherCash&OtherCash & Other549,0731.000000549073.311.36%40431160.00192500077Y
Fund Goals

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

Prices
As of: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,925,000
40.43
$21.02
8,375
0.06%
0.68%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.32%
2.92%
6.47%
 
 
6.47%
Market
0.42%
2.75%
6.39%
 
 
6.39%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.32
2.92
6.47
 
 
6.47
Market
0.42
2.75
6.39
 
 
6.39

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: 9/30/2019
30-Day SEC Yield
5.47%

WBIT Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
Cash & Other
41.87%
41.81%
14.96%
1.36%
338,805
414,960
55,815
549,073
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$20.43
$0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBINHYLB233051432DBX ETF TR XTRACK USD HIGH206,21349.96000010302401.4842.03%24513120.001200000480.00
10/16/2019WBINUSHY46435U853ISHARES TR BROAD USD HIGH252,62340.74000010291861.0241.99%24513120.001200000480.00
10/16/2019WBINJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS33,968108.3800003681451.8415.02%24513120.001200000480.00
10/16/2019WBINCash&OtherCash&OtherCash & Other236,9391.000000236939.100.97%24513120.00120000048Y
Fund Goals

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

Prices
As of: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,200,000
24.51
$20.42
2,007
-0.06%
0.77%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
0.32%
2.90%
2.90%
 
 
2.90%
Market
0.26%
2.78%
2.78%
 
 
2.78%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
0.32
2.90
2.90
 
 
2.90
Market
0.26
2.78
2.78
 
 
2.78

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: 9/30/2019
30-Day SEC Yield
5.46%

WBIN Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
Cash & Other
42.03%
41.99%
15.02%
0.97%
206,213
252,623
33,968
236,939
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$25.50
- $0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH693,63849.96000034654154.4833.14%104566400.004100000820.00
10/16/2019WBIIUSHY46435U853ISHARES TR BROAD USD HIGH849,75440.74000034618977.9633.11%104566400.004100000820.00
10/16/2019WBIIJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS116,344108.38000012609362.7212.06%104566400.004100000820.00
10/16/2019WBIIEDV921910709VANGUARD WORLD FD EXTENDED DUR65,499136.7600008957643.248.57%104566400.004100000820.00
10/16/2019WBIIIEF464287440ISHARES TR BARCLAYS 7 10 YR66,424111.6700007417568.087.09%104566400.004100000820.00
10/16/2019WBIIVGIT92206C706VANGUARD SCOTTSDALE FDS INTER TERM TREAS79,00666.3800005244418.285.02%104566400.004100000820.00
10/16/2019WBIICash&OtherCash&OtherCash & Other1,061,6451.0000001061645.281.02%104566400.00410000082Y
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
4,100,000
104.57
$25.48
12,225
-0.09%
1.28%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.10%
2.60%
9.20%
10.67%
3.50%
2.81%
Market
-0.15%
2.58%
9.22%
10.60%
3.47%
2.78%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.10
2.60
9.20
10.67
3.50
2.81
Market
-0.15
2.58
9.22
10.60
3.47
2.78

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: 9/30/2019
30-Day SEC Yield
4.47%
WBII Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
VANGUARD WORLD FD EXTENDED DUR
ISHARES TR BARCLAYS 7 10 YR
VANGUARD SCOTTSDALE FDS INTER TERM TREAS
Cash & Other
33.14%
33.11%
12.06%
8.57%
7.09%
5.02%
1.02%
693,638
849,754
116,344
65,499
66,424
79,006
1,061,645
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$26.89
$0.18
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIECDW12514G108CDW CORP20,953123.3600002584762.084.81%53786000.002000000400.00
10/16/2019WBIEATVI00507V109ACTIVISION BLIZZARD INC44,89855.5600002494532.884.64%53786000.002000000400.00
10/16/2019WBIEHAS418056107HASBRO INC19,954121.9600002433589.844.52%53786000.002000000400.00
10/16/2019WBIEROST778296103ROSS STORES INC21,518111.9400002408724.924.48%53786000.002000000400.00
10/16/2019WBIEFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM52,56044.7800002353636.804.38%53786000.002000000400.00
10/16/2019WBIEALLEG0176J109ALLEGION PUB LTD CO22,627101.7900002303202.334.28%53786000.002000000400.00
10/16/2019WBIEABBV00287Y109ABBVIE INC30,60174.5000002279774.504.24%53786000.002000000400.00
10/16/2019WBIEHD437076102HOME DEPOT INC9,455235.6200002227787.104.14%53786000.002000000400.00
10/16/2019WBIEPNC693475105PNC FINL SVCS GROUP INC15,712140.7200002210992.644.11%53786000.0020000004018068.80
10/16/2019WBIECMCSA20030N101COMCAST CORP NEW47,92345.6700002188643.414.07%53786000.002000000400.00
10/16/2019WBIEBMY110122108BRISTOL MYERS SQUIBB CO41,57551.8300002154832.254.01%53786000.002000000400.00
10/16/2019WBIEVZ92343V104VERIZON COMMUNICATIONS INC35,41460.5500002144317.703.99%53786000.002000000400.00
10/16/2019WBIETER880770102TERADYNE INC34,70061.6900002140643.003.98%53786000.002000000400.00
10/16/2019WBIEICE45866F104INTERCONTINENTAL EXCHANGE INC COM22,75593.3000002123041.503.95%53786000.002000000400.00
10/16/2019WBIEMXIM57772K101MAXIM INTEGRATED PRODS INC36,33758.5000002125714.503.95%53786000.002000000400.00
10/16/2019WBIECPB134429109CAMPBELL SOUP CO44,86446.6100002091111.043.89%53786000.002000000400.00
10/16/2019WBIETXN882508104TEXAS INSTRS INC11,666131.6900001536295.542.86%53786000.002000000400.00
10/16/2019WBIENKE654106103NIKE INC15,73794.7900001491710.232.77%53786000.002000000400.00
10/16/2019WBIEORCL68389X105ORACLE CORP24,76756.3500001395620.452.59%53786000.002000000400.00
10/16/2019WBIEBHE08160H101BENCHMARK ELECTRS INC43,66030.4200001328137.202.47%53786000.002000000400.00
10/16/2019WBIEPG742718109PROCTER & GAMBLE CO11,122117.2000001303498.402.42%53786000.002000000400.00
10/16/2019WBIEAMAT038222105APPLIED MATLS INC21,11652.9100001117247.562.08%53786000.002000000400.00
10/16/2019WBIEMRK58933Y105MERCK & CO INC13,18485.0400001121167.362.08%53786000.002000000400.00
10/16/2019WBIEV92826C839VISA INC6,168178.7500001102530.002.05%53786000.002000000400.00
10/16/2019WBIETRV89417E109TRAVELERS COMPANIES INC7,396143.3100001059920.761.97%53786000.002000000400.00
10/16/2019WBIEKEY493267108KEYCORP NEW59,54917.7800001058781.221.97%53786000.002000000400.00
10/16/2019WBIEUPS911312106UNITED PARCEL SERVICE INC9,119116.4800001062181.121.97%53786000.002000000400.00
10/16/2019WBIECSCO17275R102CISCO SYS INC22,12746.3600001025807.721.91%53786000.002000000400.00
10/16/2019WBIEMSFT594918104MICROSOFT CORP6,848141.575000969505.601.80%53786000.002000000400.00
10/16/2019WBIECBOE12503M108CBOE GLOBAL MARKETS INC6,754115.050000777047.701.44%53786000.002000000400.00
10/16/2019WBIECSGS126349109CSG SYS INTL INC14,25651.420000733043.521.36%53786000.002000000400.00
10/16/2019WBIECash&OtherCash&OtherCash & Other437,0301.000000437030.060.81%53786000.00200000040Y
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,000,000
53.79
$26.87
5,547
-0.09%
1.05%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.42%
1.67%
9.51%
-2.12%
8.84%
2.43%
Market
-0.37%
1.76%
9.59%
-2.07%
8.78%
2.43%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.42
1.67
9.51
-2.12
8.84
2.43
Market
-0.37
1.76
9.59
-2.07
8.78
2.43

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: 9/30/2019
30-Day SEC Yield
0.92%
WBIE Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
CDW CORP
ACTIVISION BLIZZARD INC
HASBRO INC
ROSS STORES INC
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
ALLEGION PUB LTD CO
ABBVIE INC
HOME DEPOT INC
PNC FINL SVCS GROUP INC
COMCAST CORP NEW
4.81%
4.64%
4.52%
4.48%
4.38%
4.28%
4.24%
4.14%
4.11%
4.07%
20,953
44,898
19,954
21,518
52,560
22,627
30,601
9,455
15,712
47,923
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$26.50
$0.12
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIFNXPIN6596X109NXP SEMICONDUCTORS N V26,863111.9700003007850.115.54%54320285.002050000410.00
10/16/2019WBIFCHRW12541W209C H ROBINSON WORLDWIDE INC30,56985.2900002607230.014.80%54320285.002050000410.00
10/16/2019WBIFBMY110122108BRISTOL MYERS SQUIBB CO47,89251.8300002482242.364.57%54320285.002050000410.00
10/16/2019WBIFCMI231021106CUMMINS INC14,932166.3500002483938.204.57%54320285.002050000410.00
10/16/2019WBIFGWW384802104GRAINGER W W INC7,982307.3400002453187.884.52%54320285.002050000410.00
10/16/2019WBIFROST778296103ROSS STORES INC21,575111.9400002415105.504.45%54320285.002050000410.00
10/16/2019WBIFCDW12514G108CDW CORP19,315123.3600002382698.404.39%54320285.002050000410.00
10/16/2019WBIFVZ92343V104VERIZON COMMUNICATIONS INC39,08160.5500002366354.554.36%54320285.002050000410.00
10/16/2019WBIFCAT149123101CATERPILLAR INC DEL16,845131.0300002207200.354.06%54320285.002050000410.00
10/16/2019WBIFCMCSA20030N101COMCAST CORP NEW48,11245.6700002197275.044.05%54320285.002050000410.00
10/16/2019WBIFHD437076102HOME DEPOT INC9,259235.6200002181605.584.02%54320285.002050000410.00
10/16/2019WBIFPNC693475105PNC FINL SVCS GROUP INC15,386140.7200002165117.923.99%54320285.0020500004117693.90
10/16/2019WBIFICE45866F104INTERCONTINENTAL EXCHANGE INC COM22,84493.3000002131345.203.92%54320285.002050000410.00
10/16/2019WBIFBBY086516101BEST BUY INC31,15567.9400002116670.703.90%54320285.002050000410.00
10/16/2019WBIFCSGS126349109CSG SYS INTL INC40,95051.4200002105649.003.88%54320285.002050000410.00
10/16/2019WBIFGL37959E102GLOBE LIFE INC21,49195.1500002044868.653.76%54320285.002050000410.00
10/16/2019WBIFPG742718109PROCTER & GAMBLE CO14,813117.2000001736083.603.20%54320285.002050000410.00
10/16/2019WBIFTXN882508104TEXAS INSTRS INC12,721131.6900001675228.493.08%54320285.002050000410.00
10/16/2019WBIFNKE654106103NIKE INC16,30794.7900001545740.532.85%54320285.002050000410.00
10/16/2019WBIFFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM30,38644.7800001360685.082.50%54320285.002050000410.00
10/16/2019WBIFBHE08160H101BENCHMARK ELECTRS INC43,52430.4200001324000.082.44%54320285.002050000410.00
10/16/2019WBIFMRK58933Y105MERCK & CO INC13,45385.0400001144043.122.11%54320285.002050000410.00
10/16/2019WBIFAMAT038222105APPLIED MATLS INC21,54852.9100001140104.682.10%54320285.002050000410.00
10/16/2019WBIFUPS911312106UNITED PARCEL SERVICE INC9,154116.4800001066257.921.96%54320285.002050000410.00
10/16/2019WBIFCSCO17275R102CISCO SYS INC22,45546.3600001041013.801.92%54320285.002050000410.00
10/16/2019WBIFORCL68389X105ORACLE CORP17,81356.3500001003762.551.85%54320285.002050000410.00
10/16/2019WBIFV92826C839VISA INC5,478178.750000979192.501.80%54320285.002050000410.00
10/16/2019WBIFTRV89417E109TRAVELERS COMPANIES INC6,565143.310000940830.151.73%54320285.002050000410.00
10/16/2019WBIFMSFT594918104MICROSOFT CORP6,225141.575000881304.381.62%54320285.002050000410.00
10/16/2019WBIFRJF754730109RAYMOND JAMES FINANCIAL INC8,55582.800000708354.001.30%54320285.002050000410.00
10/16/2019WBIFCash&OtherCash&OtherCash & Other466,3561.000000466356.420.86%54320285.00205000041Y
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,050,000
54.32
$26.52
5,385
0.07%
1.05%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.05%
-1.15%
-1.18%
-11.33%
8.12%
2.24%
Market
0.21%
-0.97%
-1.12%
-11.20%
8.15%
2.27%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.05
-1.15
-1.18
-11.33
8.12
2.24
Market
0.21
-0.97
-1.12
-11.20
8.15
2.27

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: 9/30/2019
30-Day SEC Yield
0.95%
WBIF Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
NXP SEMICONDUCTORS N V
C H ROBINSON WORLDWIDE INC
BRISTOL MYERS SQUIBB CO
CUMMINS INC
GRAINGER W W INC
ROSS STORES INC
CDW CORP
VERIZON COMMUNICATIONS INC
CATERPILLAR INC DEL
COMCAST CORP NEW
5.54%
4.80%
4.57%
4.57%
4.52%
4.45%
4.39%
4.36%
4.06%
4.05%
26,863
30,569
47,892
14,932
7,982
21,575
19,315
39,081
16,845
48,112
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$23.48
$0.16
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIGTGT87612E106TARGET CORP36,431111.8900004076264.595.18%78649960.003350000670.00
10/16/2019WBIGVZ92343V104VERIZON COMMUNICATIONS INC60,92260.5500003688827.104.69%78649960.003350000670.00
10/16/2019WBIGIBM459200101INTERNATIONAL BUSINESS MACHS COM25,596143.0000003660228.004.65%78649960.003350000670.00
10/16/2019WBIGCDW12514G108CDW CORP28,018123.3600003456300.484.39%78649960.003350000670.00
10/16/2019WBIGHBAN446150104HUNTINGTON BANCSHARES INC241,70714.2450003443116.224.38%78649960.003350000670.00
10/16/2019WBIGPNC693475105PNC FINL SVCS GROUP INC23,256140.7200003272584.324.16%78649960.0033500006726744.40
10/16/2019WBIGETNG29183103EATON CORP PLC39,06082.1200003207607.204.08%78649960.003350000670.00
10/16/2019WBIGCMCSA20030N101COMCAST CORP NEW69,40445.6700003169680.684.03%78649960.003350000670.00
10/16/2019WBIGHD437076102HOME DEPOT INC13,411235.6200003159899.824.02%78649960.003350000670.00
10/16/2019WBIGBMY110122108BRISTOL MYERS SQUIBB CO60,65351.8300003143644.994.00%78649960.003350000670.00
10/16/2019WBIGQCOM747525103QUALCOMM INC40,43977.8200003146962.984.00%78649960.003350000670.00
10/16/2019WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM69,17444.7800003097611.723.94%78649960.003350000670.00
10/16/2019WBIGUPS911312106UNITED PARCEL SERVICE INC26,579116.4800003095921.923.94%78649960.003350000670.00
10/16/2019WBIGICE45866F104INTERCONTINENTAL EXCHANGE INC COM33,16493.3000003094201.203.93%78649960.003350000670.00
10/16/2019WBIGCPB134429109CAMPBELL SOUP CO65,49046.6100003052488.903.88%78649960.003350000670.00
10/16/2019WBIGROST778296103ROSS STORES INC23,853111.9400002670104.823.39%78649960.003350000670.00
10/16/2019WBIGMRK58933Y105MERCK & CO INC28,64185.0400002435630.643.10%78649960.003350000670.00
10/16/2019WBIGMXIM57772K101MAXIM INTEGRATED PRODS INC41,03358.5000002400430.503.05%78649960.003350000670.00
10/16/2019WBIGNKE654106103NIKE INC24,55294.7900002327284.082.96%78649960.003350000670.00
10/16/2019WBIGTXN882508104TEXAS INSTRS INC17,246131.6900002271125.742.89%78649960.003350000670.00
10/16/2019WBIGCMI231021106CUMMINS INC11,633166.3500001935149.552.46%78649960.003350000670.00
10/16/2019WBIGKEY493267108KEYCORP NEW94,20117.7800001674893.782.13%78649960.003350000670.00
10/16/2019WBIGHAS418056107HASBRO INC13,574121.9600001655485.042.10%78649960.003350000670.00
10/16/2019WBIGAMAT038222105APPLIED MATLS INC30,99452.9100001639892.542.09%78649960.003350000670.00
10/16/2019WBIGCSCO17275R102CISCO SYS INC32,30546.3600001497659.801.90%78649960.003350000670.00
10/16/2019WBIGGEF397624107GREIF INC38,84237.7800001467450.761.87%78649960.003350000670.00
10/16/2019WBIGORCL68389X105ORACLE CORP22,97656.3500001294697.601.65%78649960.003350000670.00
10/16/2019WBIGPG742718109PROCTER & GAMBLE CO10,891117.2000001276425.201.62%78649960.003350000670.00
10/16/2019WBIGV92826C839VISA INC6,756178.7500001207635.001.54%78649960.003350000670.00
10/16/2019WBIGTRV89417E109TRAVELERS COMPANIES INC8,098143.3100001160524.381.48%78649960.003350000670.00
10/16/2019WBIGCSGS126349109CSG SYS INTL INC13,97551.420000718594.500.91%78649960.003350000670.00
10/16/2019WBIGDPZ25754A201DOMINOS PIZZA INC2,557255.730000653901.610.83%78649960.003350000670.00
10/16/2019WBIGCash&OtherCash&OtherCash & Other595,8431.000000595843.290.76%78649960.00335000067Y
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,350,000
78.65
$23.48
8,332
-0.01%
1.04%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.35%
-0.61%
3.09%
-9.31%
7.72%
0.32%
Market
0.58%
-0.36%
3.36%
-9.20%
7.73%
0.33%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.35
-0.61
3.09
-9.31
7.72
0.32
Market
0.58
-0.36
3.36
-9.20
7.73
0.33

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: 9/30/2019
30-Day SEC Yield
1.76%
WBIG Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
TARGET CORP
VERIZON COMMUNICATIONS INC
INTERNATIONAL BUSINESS MACHS COM
CDW CORP
HUNTINGTON BANCSHARES INC
PNC FINL SVCS GROUP INC
EATON CORP PLC
COMCAST CORP NEW
HOME DEPOT INC
BRISTOL MYERS SQUIBB CO
5.18%
4.69%
4.65%
4.39%
4.38%
4.16%
4.08%
4.03%
4.02%
4.00%
36,431
60,922
25,596
28,018
241,707
23,256
39,060
69,404
13,411
60,653
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$26.30
$0.12
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBILCPB134429109CAMPBELL SOUP CO50,77346.6100002366529.534.86%48657775.001850000370.00
10/16/2019WBILMXIM57772K101MAXIM INTEGRATED PRODS INC39,88558.5000002333272.504.80%48657775.001850000370.00
10/16/2019WBILHAS418056107HASBRO INC18,685121.9600002278822.604.68%48657775.001850000370.00
10/16/2019WBILSHW824348106SHERWIN WILLIAMS CO3,992558.8900002231088.884.59%48657775.001850000370.00
10/16/2019WBILMSFT594918104MICROSOFT CORP15,612141.5750002210268.904.54%48657775.001850000370.00
10/16/2019WBILROST778296103ROSS STORES INC19,464111.9400002178800.164.48%48657775.001850000370.00
10/16/2019WBILCDW12514G108CDW CORP17,076123.3600002106495.364.33%48657775.001850000370.00
10/16/2019WBILHD437076102HOME DEPOT INC8,548235.6200002014079.764.14%48657775.001850000370.00
10/16/2019WBILABBV00287Y109ABBVIE INC26,72674.5000001991087.004.09%48657775.001850000370.00
10/16/2019WBILTER880770102TERADYNE INC32,10061.6900001980249.004.07%48657775.001850000370.00
10/16/2019WBILCMCSA20030N101COMCAST CORP NEW43,38045.6700001981164.604.07%48657775.001850000370.00
10/16/2019WBILBMY110122108BRISTOL MYERS SQUIBB CO37,78951.8300001958603.874.03%48657775.001850000370.00
10/16/2019WBILPNC693475105PNC FINL SVCS GROUP INC13,899140.7200001955867.284.02%48657775.0018500003715983.85
10/16/2019WBILNKE654106103NIKE INC20,54994.7900001947839.714.00%48657775.001850000370.00
10/16/2019WBILORCL68389X105ORACLE CORP34,47756.3500001942778.953.99%48657775.001850000370.00
10/16/2019WBILICE45866F104INTERCONTINENTAL EXCHANGE INC COM20,59793.3000001921700.103.95%48657775.001850000370.00
10/16/2019WBILTXN882508104TEXAS INSTRS INC13,764131.6900001812581.163.73%48657775.001850000370.00
10/16/2019WBILPGR743315103PROGRESSIVE CORP OHIO23,04774.9700001727833.593.55%48657775.001850000370.00
10/16/2019WBILPG742718109PROCTER & GAMBLE CO14,259117.2000001671154.803.43%48657775.001850000370.00
10/16/2019WBILLHX502431109L3HARRIS TECHNOLOGIES INC5,290205.5200001087200.802.23%48657775.001850000370.00
10/16/2019WBILAMAT038222105APPLIED MATLS INC19,27752.9100001019946.072.10%48657775.001850000370.00
10/16/2019WBILSYY871829107SYSCO CORP12,42879.080000982806.242.02%48657775.001850000370.00
10/16/2019WBILUPS911312106UNITED PARCEL SERVICE INC8,254116.480000961425.921.98%48657775.001850000370.00
10/16/2019WBILNOC666807102NORTHROP GRUMMAN CORP2,666361.940000964932.041.98%48657775.001850000370.00
10/16/2019WBILCVBF126600105CVB FINL CORP39,12920.630000807231.271.66%48657775.001850000370.00
10/16/2019WBILV92826C839VISA INC4,230178.750000756112.501.55%48657775.001850000370.00
10/16/2019WBILMRK58933Y105MERCK & CO INC8,79485.040000747841.761.54%48657775.001850000370.00
10/16/2019WBILTRV89417E109TRAVELERS COMPANIES INC5,070143.310000726581.701.49%48657775.001850000370.00
10/16/2019WBILVZ92343V104VERIZON COMMUNICATIONS INC9,16960.550000555182.951.14%48657775.001850000370.00
10/16/2019WBILCBOE12503M108CBOE GLOBAL MARKETS INC4,836115.050000556381.801.14%48657775.001850000370.00
10/16/2019WBILCSCO17275R102CISCO SYS INC10,11546.360000468931.400.96%48657775.001850000370.00
10/16/2019WBILCash&OtherCash&OtherCash & Other410,9191.000000410919.380.84%48657775.00185000037Y
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,850,000
48.66
$26.28
5,878
-0.08%
1.07%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.62%
-1.76%
8.95%
-4.78%
8.52%
1.91%
Market
-0.56%
-1.73%
8.95%
-4.72%
8.48%
1.90%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.62
-1.76
8.95
-4.78
8.52
1.91
Market
-0.56
-1.73
8.95
-4.72
8.48
1.90

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: 9/30/2019
30-Day SEC Yield
0.71%
WBIL Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
CAMPBELL SOUP CO
MAXIM INTEGRATED PRODS INC
HASBRO INC
SHERWIN WILLIAMS CO
MICROSOFT CORP
ROSS STORES INC
CDW CORP
HOME DEPOT INC
ABBVIE INC
TERADYNE INC
4.86%
4.80%
4.68%
4.59%
4.54%
4.48%
4.33%
4.14%
4.09%
4.07%
50,773
39,885
18,685
3,992
15,612
19,464
17,076
8,548
26,726
32,100
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$21.38
$0.16
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIACash&OtherCash&OtherCash & Other1,016,5621.0000001016562.0415.85%6414450.003000006Y
10/16/2019WBIAMDC552676108M D C HLDGS INC7,84344.390000348150.775.43%6414450.0030000060.00
10/16/2019WBIAAAN002535300AARONS INC4,59069.230000317765.704.95%6414450.0030000060.00
10/16/2019WBIAIBTX45384B106INDEPENDENT BK GROUP INC5,92851.680000306359.044.78%6414450.0030000060.00
10/16/2019WBIAHUBB443510607HUBBELL INC2,220134.440000298456.804.65%6414450.0030000060.00
10/16/2019WBIAJBSS800422107SANFILIPPO JOHN B & SON INC3,18293.520000297580.644.64%6414450.0030000060.00
10/16/2019WBIAPHM745867101PULTE GROUP INC7,91037.310000295122.104.60%6414450.0030000060.00
10/16/2019WBIASC80283M101SANTANDER CONSUMER USA HDG INC COM11,51325.450000293005.854.57%6414450.0030000060.00
10/16/2019WBIAZION989701107ZIONS BANCORPORATION N A6,48344.760000290179.084.52%6414450.0030000060.00
10/16/2019WBIADOXG02602103AMDOCS LTD4,36866.210000289205.284.51%6414450.0030000060.00
10/16/2019WBIAWSM969904101WILLIAMS SONOMA INC3,87669.920000271009.924.22%6414450.0030000060.00
10/16/2019WBIAWEN95058W100WENDYS CO12,63120.895000263924.754.11%6414450.0030000060.00
10/16/2019WBIARGA759351604REINSURANCE GRP OF AMERICA INC COM NEW1,669156.360000260964.844.07%6414450.0030000060.00
10/16/2019WBIAMSM553530106MSC INDL DIRECT INC3,62471.590000259442.164.04%6414450.0030000060.00
10/16/2019WBIAFBHS34964C106FORTUNE BRANDS HOME & SEC INC COM4,52957.010000258198.294.03%6414450.0030000060.00
10/16/2019WBIASLGN827048109SILGAN HOLDINGS INC8,66629.760000257900.164.02%6414450.0030000060.00
10/16/2019WBIACRI146229109CARTERS INC2,65094.970000251670.503.92%6414450.0030000060.00
10/16/2019WBIACOLM198516106COLUMBIA SPORTSWEAR CO2,13298.780000210598.963.28%6414450.0030000060.00
10/16/2019WBIAMWA624758108MUELLER WTR PRODS INC18,63011.210000208842.303.26%6414450.0030000060.00
10/16/2019WBIAFCNCA31946M103FIRST CTZNS BANCSHARES INC N C CL A315479.280000150973.202.35%6414450.0030000060.00
10/16/2019WBIAFSS313855108FEDERAL SIGNAL CORP4,14332.500000134647.502.10%6414450.0030000060.00
10/16/2019WBIAALLEG0176J109ALLEGION PUB LTD CO1,314101.790000133752.062.09%6414450.0030000060.00
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
300,000
6.41
$21.35
528
-0.15%
1.08%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.60%
-0.62%
2.50%
-10.80%
0.36%
-2.34%
Market
0.66%
-0.54%
2.55%
-10.87%
0.30%
-2.35%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.60
-0.62
2.50
-10.80
0.36
-2.34
Market
0.66
-0.54
2.55
-10.87
0.30
-2.35

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: 9/30/2019
30-Day SEC Yield
0.93%
WBIA Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
Cash & Other
M D C HLDGS INC
AARONS INC
INDEPENDENT BK GROUP INC
HUBBELL INC
SANFILIPPO JOHN B & SON INC
PULTE GROUP INC
SANTANDER CONSUMER USA HDG INC COM
ZIONS BANCORPORATION N A
AMDOCS LTD
15.85%
5.43%
4.95%
4.78%
4.65%
4.64%
4.60%
4.57%
4.52%
4.51%
1,016,562
7,843
4,590
5,928
2,220
3,182
7,910
11,513
6,483
4,368
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$21.72
$0.07
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIBCash&OtherCash&OtherCash & Other1,796,9901.0000001796990.3923.64%7601475.003500007Y
10/16/2019WBIBNWL651229106NEWELL BRANDS INC17,79419.170000341110.984.49%7601475.0035000070.00
10/16/2019WBIBBHE08160H101BENCHMARK ELECTRS INC11,17330.420000339882.664.47%7601475.0035000070.00
10/16/2019WBIBAIZ04621X108ASSURANT INC2,644125.460000331716.244.36%7601475.0035000070.00
10/16/2019WBIBALK011659109ALASKA AIR GROUP INC4,87767.330000328368.414.32%7601475.0035000070.00
10/16/2019WBIBCRI146229109CARTERS INC3,30494.970000313780.884.13%7601475.0035000070.00
10/16/2019WBIBSLGN827048109SILGAN HOLDINGS INC10,48629.760000312063.364.11%7601475.0035000070.00
10/16/2019WBIBKNL498904200KNOLL INC12,40925.000000310225.004.08%7601475.0035000070.00
10/16/2019WBIBFAF31847R102FIRST AMERN FINL CORP5,21559.410000309823.154.08%7601475.0035000070.00
10/16/2019WBIBRNST75970E107RENASANT CORP8,65435.700000308947.804.06%7601475.0035000070.00
10/16/2019WBIBFUL359694106FULLER H B CO6,41747.580000305320.864.02%7601475.0035000071026.72
10/16/2019WBIBPOL73179P106POLYONE CORP9,28332.840000304853.724.01%7601475.0035000070.00
10/16/2019WBIBHBI410345102HANESBRANDS INC19,63515.460000303557.103.99%7601475.0035000070.00
10/16/2019WBIBSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,61883.000000300294.003.95%7601475.0035000070.00
10/16/2019WBIBBBBY075896100BED BATH & BEYOND INC24,84011.985000297707.403.92%7601475.0035000070.00
10/16/2019WBIBOFG67103X102OFG BANCORP12,36923.280000287950.323.79%7601475.0035000070.00
10/16/2019WBIBGL37959E102GLOBE LIFE INC3,01995.150000287257.853.78%7601475.0035000070.00
10/16/2019WBIBXRX98421M106XEROX HOLDINGS CORP8,79329.840000262383.123.45%7601475.0035000070.00
10/16/2019WBIBSNA833034101SNAP ON INC1,591158.300000251855.303.31%7601475.0035000070.00
10/16/2019WBIBMSM553530106MSC INDL DIRECT INC2,46271.590000176254.582.32%7601475.0035000070.00
10/16/2019WBIBBYD103304101BOYD GAMING CORP4,89526.290000128689.551.69%7601475.0035000070.00
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
350,000
7.60
$21.70
1,523
-0.11%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
1.28%
-5.07%
6.33%
-5.79%
0.73%
-1.68%
Market
1.29%
-5.01%
6.47%
-5.87%
0.72%
-1.69%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
1.28
-5.07
6.33
-5.79
0.73
-1.68
Market
1.29
-5.01
6.47
-5.87
0.72
-1.69

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: 9/30/2019
30-Day SEC Yield
1.28%
WBIB Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
Cash & Other
NEWELL BRANDS INC
BENCHMARK ELECTRS INC
ASSURANT INC
ALASKA AIR GROUP INC
CARTERS INC
SILGAN HOLDINGS INC
KNOLL INC
FIRST AMERN FINL CORP
RENASANT CORP
23.64%
4.49%
4.47%
4.36%
4.32%
4.13%
4.11%
4.08%
4.08%
4.06%
1,796,990
17,794
11,173
2,644
4,877
3,304
10,486
12,409
5,215
8,654
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$17.77
$0.19
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBICCash&OtherCash&OtherCash & Other2,771,5851.0000002771585.3428.37%9770915.0055000011Y
10/16/2019WBICMDC552676108M D C HLDGS INC12,93944.390000574362.215.88%9770915.00550000110.00
10/16/2019WBICPACW695263103PACWEST BANCORP DEL12,03536.870000443730.454.54%9770915.00550000110.00
10/16/2019WBICHBI410345102HANESBRANDS INC27,96715.460000432369.824.43%9770915.00550000110.00
10/16/2019WBICGEF397624107GREIF INC11,36437.780000429331.924.39%9770915.00550000110.00
10/16/2019WBICMSM553530106MSC INDL DIRECT INC5,95071.590000425960.504.36%9770915.00550000110.00
10/16/2019WBICJW/A968223206WILEY JOHN & SONS INC9,21244.310000408183.724.18%9770915.00550000110.00
10/16/2019WBICWSM969904101WILLIAMS SONOMA INC5,82069.920000406934.404.16%9770915.00550000110.00
10/16/2019WBICXPER98421B100XPERI CORP19,58020.675000404816.504.14%9770915.00550000110.00
10/16/2019WBICFHN320517105FIRST HORIZON NATL CORP24,89516.150000402054.254.11%9770915.00550000110.00
10/16/2019WBICKNL498904200KNOLL INC15,95825.000000398950.004.08%9770915.00550000110.00
10/16/2019WBICDAN235825205DANA INC26,54214.890000395210.384.04%9770915.00550000110.00
10/16/2019WBICFHB32051X108FIRST HAWAIIAN INC14,46027.105000391938.304.01%9770915.00550000110.00
10/16/2019WBICFAF31847R102FIRST AMERN FINL CORP6,57059.410000390323.703.99%9770915.00550000110.00
10/16/2019WBICTHO885160101THOR INDS INC7,03055.360000389180.803.98%9770915.00550000110.00
10/16/2019WBICFLO343498101FLOWERS FOODS INC17,70521.900000387739.503.97%9770915.00550000110.00
10/16/2019WBICOMF68268W103ONEMAIN HLDGS INC8,28036.420000301557.603.09%9770915.00550000110.00
10/16/2019WBICCAKE163072101CHEESECAKE FACTORY INC6,50038.310000249015.002.55%9770915.00550000110.00
10/16/2019WBICHFC436106108HOLLYFRONTIER CORP2,45654.690000134318.641.37%9770915.00550000110.00
10/16/2019WBICPRK700658107PARK NATL CORP34696.03000033226.380.34%9770915.00550000110.00
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
550,000
9.77
$17.74
1,434
-0.17%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.14%
-4.50%
-7.54%
-18.11%
-2.68%
-4.77%
Market
0.23%
-4.27%
-7.50%
-18.11%
-2.70%
-4.79%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.14
-4.50
-7.54
-18.11
-2.68
-4.77
Market
0.23
-4.27
-7.50
-18.11
-2.70
-4.79

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: 9/30/2019
30-Day SEC Yield
1.54%
WBIC Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
Cash & Other
M D C HLDGS INC
PACWEST BANCORP DEL
HANESBRANDS INC
GREIF INC
MSC INDL DIRECT INC
WILEY JOHN & SONS INC
WILLIAMS SONOMA INC
XPERI CORP
FIRST HORIZON NATL CORP
28.37%
5.88%
4.54%
4.43%
4.39%
4.36%
4.18%
4.16%
4.14%
4.11%
2,771,585
12,939
12,035
27,967
11,364
5,950
9,212
5,820
19,580
24,895
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: 10/15/2019
NAV Daily Change Fact Sheet Holdings
$19.21
$0.12
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/16/2019WBIDCash&OtherCash&OtherCash & Other983,1731.000000983172.8017.06%5763450.003000006Y
10/16/2019WBIDPHM745867101PULTE GROUP INC7,89437.310000294525.145.11%5763450.0030000060.00
10/16/2019WBIDTER880770102TERADYNE INC4,73561.690000292102.155.07%5763450.0030000060.00
10/16/2019WBIDHBI410345102HANESBRANDS INC17,46915.460000270070.744.69%5763450.0030000060.00
10/16/2019WBIDHLI441593100HOULIHAN LOKEY INC5,65745.990000260165.434.51%5763450.0030000060.00
10/16/2019WBIDBAH099502106BOOZ ALLEN HAMILTON HLDG CORP CL A3,62970.920000257368.684.47%5763450.0030000060.00
10/16/2019WBIDSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,09683.000000256968.004.46%5763450.0030000060.00
10/16/2019WBIDNEU651587107NEWMARKET CORP556462.770000257300.124.46%5763450.0030000060.00
10/16/2019WBIDPNRG7S00T104PENTAIR PLC6,64037.810000251058.404.36%5763450.0030000060.00
10/16/2019WBIDALK011659109ALASKA AIR GROUP INC3,58667.330000241445.384.19%5763450.0030000060.00
10/16/2019WBIDRDN750236101RADIAN GROUP INC10,12023.560000238427.204.14%5763450.0030000060.00
10/16/2019WBIDMLHR600544100MILLER HERMAN INC5,31944.840000238503.964.14%5763450.0030000060.00
10/16/2019WBIDCRI146229109CARTERS INC2,48794.970000236190.394.10%5763450.0030000060.00
10/16/2019WBIDESNTG3198U102ESSENT GROUP LTD4,75949.450000235332.554.08%5763450.0030000060.00
10/16/2019WBIDFII314211103FEDERATED INVS INC PA7,48430.910000231330.444.01%5763450.0030000060.00
10/16/2019WBIDTRMK898402102TRUSTMARK CORP6,66034.290000228371.403.96%5763450.0030000060.00
10/16/2019WBIDCSGS126349109CSG SYS INTL INC4,36351.420000224345.463.89%5763450.0030000060.00
10/16/2019WBIDCSWI126402106CSW INDUSTRIALS INC3,40864.930000221281.443.84%5763450.0030000060.00
10/16/2019WBIDKNL498904200KNOLL INC8,15825.000000203950.003.54%5763450.0030000060.00
10/16/2019WBIDOSK688239201OSHKOSH CORP2,34374.740000175115.823.04%5763450.0030000060.00
10/16/2019WBIDLSTR515098101LANDSTAR SYS INC1,481112.290000166301.492.89%5763450.0030000060.00
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: 10/15/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
300,000
5.76
$19.19
512
-0.11%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.87%
-2.56%
-6.72%
-18.60%
-1.45%
-4.20%
Market
0.93%
-2.41%
-6.69%
-18.65%
-1.49%
-4.22%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.87
-2.56
-6.72
-18.60
-1.45
-4.20
Market
0.93
-2.41
-6.69
-18.65
-1.49
-4.22

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: 9/30/2019
30-Day SEC Yield
0.51%
WBID Top Holdings
As of: 10/16/2019
Security Name Weightings Shares
Cash & Other
PULTE GROUP INC
TERADYNE INC
HANESBRANDS INC
HOULIHAN LOKEY INC
BOOZ ALLEN HAMILTON HLDG CORP CL A
SPIRIT AEROSYSTEMS HLDGS INC COM CL A
NEWMARKET CORP
PENTAIR PLC
ALASKA AIR GROUP INC
17.06%
5.11%
5.07%
4.69%
4.51%
4.47%
4.46%
4.46%
4.36%
4.19%
983,173
7,894
4,735
17,469
5,657
3,629
3,096
556
6,640
3,586
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.

In addition, there are risks specific to WBIT and WBIN, including interest rate risk and credit risk. During periods of rising interest rates, the market value of the debt securities held by the Fund will generally decline. Credit risk is the risk that an issuer will not make timely payments of principal and interest. The debt securities that are rated below investment grade (i.e., “junk bonds”) are subject to additional risk factors such as increased possibility of default liquidation of the security and changes in value based on public perception of the issuer.