WBI Shares | Products
407
page-template,page-template-full_width,page-template-full_width-php,page,page-id-407,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

Products

Fund Information
As of: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$21.18
$0.06
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIACash&OtherCash&OtherCash & Other27,237,5381.00000027237537.8373.48%37068675.00175000035Y
01/17/2019WBIALCII50189K103LCI INDS23,00278.5100001805887.024.87%37068675.001750000350.00
01/17/2019WBIAGNTX371901109GENTEX CORP67,01922.2900001493853.514.03%37068675.001750000350.00
01/17/2019WBIACASY147528103CASEYS GEN STORES INC11,173133.0400001486455.924.01%37068675.001750000350.00
01/17/2019WBIATTC891092108TORO CO25,07658.7600001473465.763.97%37068675.001750000350.00
01/17/2019WBIADSW23334L102DSW INC55,68626.4500001472894.703.97%37068675.001750000350.00
01/17/2019WBIASMP853666105STANDARD MTR PRODS INC23,81249.9300001188933.163.21%37068675.001750000350.00
01/17/2019WBIAARGOG0464B107ARGO GROUP INTL HLDGS LTD13,63666.400000905430.402.44%37068675.001750000350.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,750,000
37.07
$21.16
7,517
-0.10%
1.08%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-4.14%
-12.98%
-14.70%
-14.70%
-1.65%
-3.29%
Market
-4.22%
-13.08%
-15.12%
-15.12%
-1.66%
-3.31%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-4.14
-12.98
-14.70
-14.70
-1.65
-3.29
Market
-4.22
-13.08
-15.12
-15.12
-1.66
-3.31

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

Fund Characteristics
As of: 12/31/2018
30-Day SEC Yield
0.86%
WBIA Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
LCI INDS
GENTEX CORP
CASEYS GEN STORES INC
TORO CO
DSW INC
STANDARD MTR PRODS INC
ARGO GROUP INTL HLDGS LTD
73.48%
4.87%
4.03%
4.01%
3.97%
3.97%
3.21%
2.44%
27,237,538
23,002
67,019
11,173
25,076
55,686
23,812
13,636
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$21.33
$0.15
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIBCash&OtherCash&OtherCash & Other15,920,0271.00000015920026.8248.16%33055145.00155000031Y
01/17/2019WBIBCZZG25343107COSAN LTD166,92710.5800001766087.665.34%33055145.001550000310.00
01/17/2019WBIBTRCO896047503TRIBUNE MEDIA CO35,46945.8600001626608.344.92%33055145.001550000310.00
01/17/2019WBIBHTH432748101HILLTOP HOLDINGS INC76,90618.8600001450447.164.39%33055145.001550000310.00
01/17/2019WBIBABM000957100ABM INDS INC41,52934.9700001452269.134.39%33055145.001550000310.00
01/17/2019WBIBPHM745867101PULTE GROUP INC51,82027.3700001418313.404.29%33055145.001550000310.00
01/17/2019WBIBRGA759351604REINSURANCE GROUP AMER INC9,567148.0100001416011.674.28%33055145.001550000310.00
01/17/2019WBIBAGCO001084102AGCO CORP21,93062.1900001363826.704.13%33055145.001550000310.00
01/17/2019WBIBLEA521865204LEAR CORP9,035149.2700001348654.454.08%33055145.001550000310.00
01/17/2019WBIBANAT028591105AMERICAN NATL INS CO10,171131.0000001332401.004.03%33055145.001550000310.00
01/17/2019WBIBPAG70959W103PENSKE AUTOMOTIVE GRP INC29,00045.8700001330230.004.02%33055145.001550000310.00
01/17/2019WBIBSTC860372101STEWART INFORMATION SVCS CORP COM30,02044.0100001321180.204.00%33055145.001550000310.00
01/17/2019WBIBSBGI829226109SINCLAIR BROADCAST GROUP INC CL A43,82529.8700001309052.753.96%33055145.001550000310.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,550,000
33.06
$21.31
5,895
-0.10%
1.06%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-3.37%
-11.39%
-19.59%
-19.59%
-2.09%
-3.34%
Market
-3.57%
-11.58%
-20.06%
-20.06%
-2.29%
-3.38%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-3.37
-11.39
-19.59
-19.59
-2.09
-3.34
Market
-3.57
-11.58
-20.06
-20.06
-2.29
-3.38

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: 12/31/2018
30-Day SEC Yield
0.87%
WBIB Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
COSAN LTD
TRIBUNE MEDIA CO
HILLTOP HOLDINGS INC
ABM INDS INC
PULTE GROUP INC
REINSURANCE GROUP AMER INC
AGCO CORP
LEAR CORP
AMERICAN NATL INS CO
48.16%
5.34%
4.92%
4.39%
4.39%
4.29%
4.28%
4.13%
4.08%
4.03%
15,920,027
166,927
35,469
76,906
41,529
51,820
9,567
21,930
9,035
10,171
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$19.95
$0.05
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBICCash&OtherCash&OtherCash & Other42,837,5941.00000042837594.2476.69%55856640.00280000056Y
01/17/2019WBICPBI724479100PITNEY BOWES INC362,4117.2900002641976.194.73%55856640.002800000560.00
01/17/2019WBICETM293639100ENTERCOM COMMUNICATIONS CORP CL A353,9767.0700002502610.324.48%55856640.002800000560.00
01/17/2019WBICLCII50189K103LCI INDS29,16578.5100002289744.154.10%55856640.002800000560.00
01/17/2019WBICAES00130H105AES CORP143,90015.5100002231889.004.00%55856640.002800000560.00
01/17/2019WBICSBGI829226109SINCLAIR BROADCAST GROUP INC CL A74,33029.8700002220237.103.97%55856640.002800000560.00
01/17/2019WBICOLN680665205OLIN CORP49,30622.7500001121711.502.01%55856640.002800000560.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,800,000
55.86
$19.93
9,396
-0.12%
1.06%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.14%
-11.43%
-9.43%
-9.43%
-1.29%
-3.85%
Market
-5.19%
-11.47%
-9.80%
-9.80%
-1.45%
-3.88%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.14
-11.43
-9.43
-9.43
-1.29
-3.85
Market
-5.19
-11.47
-9.80
-9.80
-1.45
-3.88

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: 12/31/2018
30-Day SEC Yield
1.45%
WBIC Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
PITNEY BOWES INC
ENTERCOM COMMUNICATIONS CORP CL A
LCI INDS
AES CORP
SINCLAIR BROADCAST GROUP INC CL A
OLIN CORP
76.69%
4.73%
4.48%
4.10%
4.00%
3.97%
2.01%
42,837,594
362,411
353,976
29,165
143,900
74,330
49,306
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$21.03
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIDCash&OtherCash&OtherCash & Other23,233,4531.00000023233453.4171.26%32603940.00155000031Y
01/17/2019WBIDABM000957100ABM INDS INC41,74834.9700001459927.564.48%32603940.001550000310.00
01/17/2019WBIDEAT109641100BRINKER INTL INC31,03547.0900001461438.154.48%32603940.001550000310.00
01/17/2019WBIDWMK948849104WEIS MKTS INC27,38948.5600001330009.844.08%32603940.001550000310.00
01/17/2019WBIDENS29275Y102ENERSYS16,18480.8900001309123.764.02%32603940.001550000310.00
01/17/2019WBIDSNA833034101SNAP ON INC8,027162.4500001303986.154.00%32603940.001550000310.00
01/17/2019WBIDHNI404251100HNI CORP33,18639.0700001296577.023.98%32603940.001550000310.00
01/17/2019WBIDSMP853666105STANDARD MTR PRODS INC23,22449.9300001159574.323.56%32603940.001550000310.00
01/17/2019WBIDNCI63935N107NAVIGANT CONSULTING INC2,00025.14000050280.000.15%32603940.001550000310.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,550,000
32.60
$21.02
6,645
-0.09%
1.06%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.66%
-12.73%
-13.12%
-13.12%
0.33%
-3.38%
Market
-5.70%
-12.82%
-13.57%
-13.57%
0.17%
-3.40%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.66
-12.73
-13.12
-13.12
0.33
-3.38
Market
-5.70
-12.82
-13.57
-13.57
0.17
-3.40

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: 12/31/2018
30-Day SEC Yield
0.82%
WBID Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
ABM INDS INC
BRINKER INTL INC
WEIS MKTS INC
ENERSYS
SNAP ON INC
HNI CORP
STANDARD MTR PRODS INC
NAVIGANT CONSULTING INC
71.26%
4.48%
4.48%
4.08%
4.02%
4.00%
3.98%
3.56%
0.15%
23,233,453
41,748
31,035
27,389
16,184
8,027
33,186
23,224
2,000
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$25.06
- $0.05
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIECash&OtherCash&OtherCash & Other31,040,8351.00000031040834.7470.79%43847300.00175000035Y
01/17/2019WBIEAVGO11135F101BROADCOM INC8,320251.7000002094144.004.78%43847300.001750000350.00
01/17/2019WBIEHSY427866108HERSHEY CO17,708106.7000001889443.604.31%43847300.001750000350.00
01/17/2019WBIEDG256677105DOLLAR GEN CORP NEW16,336112.2100001833062.564.18%43847300.001750000350.00
01/17/2019WBIEBA097023105BOEING CO5,083352.0600001789520.984.08%43847300.001750000350.00
01/17/2019WBIEROST778296103ROSS STORES INC19,58090.2500001767095.004.03%43847300.001750000350.00
01/17/2019WBIECMCSA20030N101COMCAST CORP NEW48,63035.9000001745817.003.98%43847300.001750000350.00
01/17/2019WBIELOW548661107LOWES COS INC17,96493.9600001687897.443.85%43847300.001750000350.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,750,000
43.85
$25.04
5,424
-0.08%
1.05%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.24%
-10.61%
-2.85%
-2.85%
3.48%
0.73%
Market
-5.27%
-10.64%
-3.22%
-3.22%
3.35%
0.71%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.24
-10.61
-2.85
-2.85
3.48
0.73
Market
-5.27
-10.64
-3.22
-3.22
3.35
0.71

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

Fund Characteristics
As of: 12/31/2018
30-Day SEC Yield
1.25%
WBIE Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
BROADCOM INC
HERSHEY CO
DOLLAR GEN CORP NEW
BOEING CO
ROSS STORES INC
COMCAST CORP NEW
LOWES COS INC
70.79%
4.78%
4.31%
4.18%
4.08%
4.03%
3.98%
3.85%
31,040,835
8,320
17,708
16,336
5,083
19,580
48,630
17,964
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$27.49
$0.05
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIFCash&OtherCash&OtherCash & Other29,416,3381.00000029416338.4179.27%37110015.00135000027Y
01/17/2019WBIFGM37045V100GENERAL MTRS CO41,83537.6700001575924.454.25%37110015.001350000270.00
01/17/2019WBIFUHS913903100UNIVERSAL HLTH SVCS INC11,700129.6400001516788.004.09%37110015.001350000270.00
01/17/2019WBIFCMI231021106CUMMINS INC10,566141.3700001493715.424.03%37110015.001350000270.00
01/17/2019WBIFSJM832696405SMUCKER J M CO14,360103.2300001482382.803.99%37110015.001350000270.00
01/17/2019WBIFCMCSA20030N101COMCAST CORP NEW40,95735.9000001470356.303.96%37110015.001350000270.00
01/17/2019WBIFIP460146103INTL PAPER CO3,50044.430000155505.000.42%37110015.001350000270.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,350,000
37.11
$27.48
4,603
-0.03%
1.05%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.51%
-10.27%
-4.15%
-4.15%
7.19%
2.92%
Market
-5.48%
-10.19%
-4.42%
-4.42%
7.12%
2.93%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.51
-10.27
-4.15
-4.15
7.19
2.92
Market
-5.48
-10.19
-4.42
-4.42
7.12
2.93

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: 12/31/2018
30-Day SEC Yield
0.99%
WBIF Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
GENERAL MTRS CO
UNIVERSAL HLTH SVCS INC
CUMMINS INC
SMUCKER J M CO
COMCAST CORP NEW
INTL PAPER CO
79.27%
4.25%
4.09%
4.03%
3.99%
3.96%
0.42%
29,416,338
41,835
11,700
10,566
14,360
40,957
3,500
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$23.45
- $0.01
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIGCash&OtherCash&OtherCash & Other46,537,2921.00000046537291.5470.86%65672320.00280000056Y
01/17/2019WBIGT00206R102AT&T INC101,32230.5600003096400.324.71%65672320.002800000560.00
01/17/2019WBIGGM37045V100GENERAL MTRS CO78,47137.6700002956002.574.50%65672320.002800000560.00
01/17/2019WBIGDRI237194105DARDEN RESTAURANTS INC24,896106.7900002658643.844.05%65672320.002800000560.00
01/17/2019WBIGSJM832696405SMUCKER J M CO25,549103.2300002637423.274.02%65672320.002800000560.00
01/17/2019WBIGCINF172062101CINCINNATI FINL CORP33,84877.9400002638113.124.02%65672320.002800000560.00
01/17/2019WBIGVIAB92553P201VIACOM INC NEW87,00029.5900002574330.003.92%65672320.002800000560.00
01/17/2019WBIGCCEPG25839104COCA COLA EUROPEAN PARTNERS P SHS55,87445.9000002564616.603.91%65672320.002800000560.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,800,000
65.67
$23.44
19,304
-0.08%
1.04%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.27%
-12.03%
-7.98%
-7.98%
4.01%
-0.33%
Market
-6.33%
-12.15%
-8.25%
-8.25%
3.84%
-0.38%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.27
-12.03
-7.98
-7.98
4.01
-0.33
Market
-6.33
-12.15
-8.25
-8.25
3.84
-0.38

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: 12/31/2018
30-Day SEC Yield
1.62%
WBIG Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
AT&T INC
GENERAL MTRS CO
DARDEN RESTAURANTS INC
SMUCKER J M CO
CINCINNATI FINL CORP
VIACOM INC NEW
COCA COLA EUROPEAN PARTNERS P SHS
70.86%
4.71%
4.50%
4.05%
4.02%
4.02%
3.92%
3.91%
46,537,292
101,322
78,471
24,896
25,549
33,848
87,000
55,874
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$24.64
- $0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBILCash&OtherCash&OtherCash & Other30,110,1301.00000030110129.8987.29%34495440.00140000028Y
01/17/2019WBILINTU461202103INTUIT7,632209.9900001602643.684.65%34495440.001400000280.00
01/17/2019WBILLOW548661107LOWES COS INC15,10493.9600001419171.844.11%34495440.001400000280.00
01/17/2019WBILROST778296103ROSS STORES INC15,11690.2500001364219.003.95%34495440.001400000280.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,400,000
34.50
$24.62
5,614
-0.08%
1.07%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.26%
-12.60%
-9.38%
-9.38%
4.00%
0.25%
Market
-6.24%
-12.55%
-9.51%
-9.51%
3.89%
0.24%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.26
-12.60
-9.38
-9.38
4.00
0.25
Market
-6.24
-12.55
-9.51
-9.51
3.89
0.24

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: 12/31/2018
30-Day SEC Yield
0.82%
WBIL Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
INTUIT
LOWES COS INC
ROSS STORES INC
87.29%
4.65%
4.11%
3.95%
30,110,130
7,632
15,104
15,116
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$24.09
$0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIIHYG464288513ISHARES TR IBOXX HI YD ETF322,95684.03000027137992.6825.03%108414450.004500000900.00
01/17/2019WBIIJNK78464A417SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF622,28634.89000021711558.5420.03%108414450.004500000900.00
01/17/2019WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH314,05448.44000015212775.7614.03%108414450.004500000900.00
01/17/2019WBIIIGIB464288638ISHARES TR INTRM TR CRP ETF220,10852.90000011643713.2010.74%108414450.004500000900.00
01/17/2019WBIIBSCM46138J882INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB419,80720.7000008690004.908.02%108414450.004500000900.00
01/17/2019WBIIFLRN78468R200SPDR SER TR BLOMBERG BRC INV198,78030.4800006058814.405.59%108414450.004500000900.00
01/17/2019WBIIEMB464288281ISHARES TR JPMORGAN USD EMG50,469105.8500005342143.654.93%108414450.004500000900.00
01/17/2019WBIILMBS33739Q200FIRST TR EXCHANGE TRADED FD IV FST LOW OPPT EFT98,76251.0450005041306.294.65%108414450.004500000900.00
01/17/2019WBIIMINT72201R833PIMCO ETF TR ENHAN SHRT MA AC46,174101.1200004669114.884.31%108414450.004500000900.00
01/17/2019WBIICash&OtherCash&OtherCash & Other2,904,3961.0000002904395.732.68%108414450.00450000090Y
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
4,500,000
108.41
$24.08
18,740
-0.07%
1.28%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.49%
1.35%
-1.44%
-1.44%
1.76%
1.23%
Market
3.41%
1.26%
-1.53%
-1.53%
1.73%
1.19%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
3.49
1.35
-1.44
-1.44
1.76
1.23
Market
3.41
1.26
-1.53
-1.53
1.73
1.19

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: 12/31/2018
30-Day SEC Yield
2.22%
WBII Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
ISHARES TR IBOXX HI YD ETF
SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
DBX ETF TR XTRACK USD HIGH
ISHARES TR INTRM TR CRP ETF
INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB
SPDR SER TR BLOMBERG BRC INV
ISHARES TR JPMORGAN USD EMG
FIRST TR EXCHANGE TRADED FD IV FST LOW OPPT EFT
PIMCO ETF TR ENHAN SHRT MA AC
Cash & Other
25.03%
20.03%
14.03%
10.74%
8.02%
5.59%
4.93%
4.65%
4.31%
2.68%
322,956
622,286
314,054
220,108
419,807
198,780
50,469
98,762
46,174
2,904,396
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$21.92
$0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIHCash&OtherCash&OtherCash & Other71,607,7261.00000071607726.2836.10%198359710.009050000181Y
01/17/2019WBIHHYG464288513ISHARES TR IBOXX HI YD ETF402,12184.03000033790227.6317.03%198359710.0090500001810.00
01/17/2019WBIHJNK78464A417SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF740,64234.89000025840999.3813.03%198359710.0090500001810.00
01/17/2019WBIHHYLB233051432DBX ETF TR XTRACK USD HIGH410,75348.44000019896875.3210.03%198359710.0090500001810.00
01/17/2019WBIHT00206R102AT&T INC290,18830.5600008868145.284.47%198359710.0090500001810.00
01/17/2019WBIHGM37045V100GENERAL MTRS CO227,12437.6700008555761.084.31%198359710.0090500001810.00
01/17/2019WBIHSC80283M101SANTANDER CONSUMER USA HDG INC COM411,79318.9300007795241.493.93%198359710.0090500001810.00
01/17/2019WBIHIGIB464288638ISHARES TR INTRM TR CRP ETF110,71752.9000005856929.302.95%198359710.0090500001810.00
01/17/2019WBIHBSCM46138J882INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB218,46720.7000004522266.902.28%198359710.0090500001810.00
01/17/2019WBIHFLRN78468R200SPDR SER TR BLOMBERG BRC INV91,37630.4800002785140.481.40%198359710.0090500001810.00
01/17/2019WBIHOLN680665205OLIN CORP109,54922.7500002492239.751.26%198359710.0090500001810.00
01/17/2019WBIHEMB464288281ISHARES TR JPMORGAN USD EMG23,130105.8500002448310.501.23%198359710.0090500001810.00
01/17/2019WBIHMINT72201R833PIMCO ETF TR ENHAN SHRT MA AC21,221101.1200002145867.521.08%198359710.0090500001810.00
01/17/2019WBIHLMBS33739Q200FIRST TR EXCHANGE TRADED FD IV FST LOW OPPT EFT34,36551.0450001754161.430.88%198359710.0090500001810.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
9,100,000
199.46
$21.90
25,127
-0.11%
1.23%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.43%
-7.23%
-9.47%
-9.47%
0.41%
-0.76%
Market
-1.46%
-7.21%
-9.52%
-9.52%
0.36%
-0.77%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.43
-7.23
-9.47
-9.47
0.41
-0.76
Market
-1.46
-7.21
-9.52
-9.52
0.36
-0.77

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: 12/31/2018
30-Day SEC Yield
2.12%
WBIH Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
Cash & Other
ISHARES TR IBOXX HI YD ETF
SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF
DBX ETF TR XTRACK USD HIGH
AT&T INC
GENERAL MTRS CO
SANTANDER CONSUMER USA HDG INC COM
ISHARES TR INTRM TR CRP ETF
INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB
SPDR SER TR BLOMBERG BRC INV
36.10%
17.03%
13.03%
10.03%
4.47%
4.31%
3.93%
2.95%
2.28%
1.40%
71,607,726
402,121
740,642
410,753
290,188
227,124
411,793
110,717
218,467
91,376
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$23.03
$0.00
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIRSHV464288679ISHARES TR SHORT TREAS BD102,132110.42000011277415.4426.46%42613085.001850000370.00
01/17/2019WBIRCash&OtherCash&OtherCash & Other11,254,7411.00000011254741.0226.41%42613085.00185000037Y
01/17/2019WBIRVIG921908844VANGUARD GROUP DIV APP ETF28,481100.5100002862625.316.72%42613085.001850000370.00
01/17/2019WBIRIGLB464289511ISHARES TR LNG TR CRPRT BD46,91756.5700002654094.696.23%42613085.001850000370.00
01/17/2019WBIRITA464288760ISHARES TR US AER DEF ETF14,332181.7300002604554.366.11%42613085.001850000370.00
01/17/2019WBIRIVW464287309ISHARES TR S&P 500 GRWT ETF13,321156.8500002089398.854.90%42613085.001850000370.00
01/17/2019WBIRIGOV464288117ISHARES TR INTL TREA BD ETF40,94648.6900001993660.744.68%42613085.001850000370.00
01/17/2019WBIRVOX92204A884VANGUARD WORLD FDS COMM SRVC ETF23,01279.6600001833135.924.30%42613085.001850000370.00
01/17/2019WBIRXLY81369Y407SELECT SECTOR SPDR TR SBI CONS DISCR17,112104.6400001790599.684.20%42613085.001850000370.00
01/17/2019WBIRGOVT46429B267ISHARES TR US TREAS BD ETF71,64424.7500001773189.004.16%42613085.001850000370.00
01/17/2019WBIRXLU81369Y886SELECT SECTOR SPDR TR SBI INT-UTILS32,06452.8600001694903.043.98%42613085.001850000370.00
01/17/2019WBIRIGIB464288638ISHARES TR INTRM TR CRP ETF14,82452.900000784189.601.84%42613085.001850000370.00
Fund Goals

  • Strives to provide global asset rotation, high risk-adjusted returns, and protect capital during unfavorable periods
  • May invest in any global asset class, geographic region, country, index, sector, industry, currency, or cash equivalents

Prices
As of: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
1,850,000
42.61
$23.02
5,801
-0.08%
1.64% / 1.58%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/25/2016
NAV
-4.16%
-8.51%
-8.83%
-8.83%
 
-2.35%
Market
-4.07%
-8.45%
-9.03%
-9.03%
 
-2.34%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/25/2016
NAV
-4.16
-8.51
-8.83
-8.83
 
-2.35
Market
-4.07
-8.45
-9.03
-9.03
 
-2.34

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: 12/31/2018
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
0.93%
0.99%
WBIR Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
ISHARES TR SHORT TREAS BD
Cash & Other
VANGUARD GROUP DIV APP ETF
ISHARES TR LNG TR CRPRT BD
ISHARES TR US AER DEF ETF
ISHARES TR S&P 500 GRWT ETF
ISHARES TR INTL TREA BD ETF
VANGUARD WORLD FDS COMM SRVC ETF
SELECT SECTOR SPDR TR SBI CONS DISCR
ISHARES TR US TREAS BD ETF
26.46%
26.41%
6.72%
6.23%
6.11%
4.90%
4.68%
4.30%
4.20%
4.16%
102,132
11,254,741
28,481
46,917
14,332
13,321
40,946
23,012
17,112
71,644
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: 01/16/2019
NAV Daily Change Fact Sheet Holdings
$23.66
- $0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
01/17/2019WBIYCNP15189T107CENTERPOINT ENERGY INC153,54129.5200004532530.325.11%88741500.003750000750.00
01/17/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM36,678121.6200004460778.365.03%88741500.003750000750.00
01/17/2019WBIYNLSNG6518L108NIELSEN HLDGS PLC176,02425.1600004428763.844.99%88741500.003750000750.00
01/17/2019WBIYGIS370334104GENERAL MLS INC103,91142.2700004392317.974.95%88741500.003750000750.00
01/17/2019WBIYIP460146103INTL PAPER CO98,79744.4300004389550.714.95%88741500.003750000750.00
01/17/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC107,08139.7200004253257.324.79%88741500.003750000750.00
01/17/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -49,15584.7800004167360.904.70%88741500.003750000750.00
01/17/2019WBIYF345370860FORD MTR CO DEL501,3998.2900004156597.714.68%88741500.003750000750.00
01/17/2019WBIYNWL651229106NEWELL BRANDS INC199,48920.5500004099498.954.62%88741500.003750000750.00
01/17/2019WBIYMO02209S103ALTRIA GROUP INC75,11047.2000003545192.003.99%88741500.003750000750.00
01/17/2019WBIYLVS517834107LAS VEGAS SANDS CORP61,47856.7800003490720.843.93%88741500.003750000750.00
01/17/2019WBIYCTL156700106CENTURYLINK INC215,70715.9900003449154.933.89%88741500.003750000750.00
01/17/2019WBIYT00206R102AT&T INC104,32130.5600003188049.763.59%88741500.003750000750.00
01/17/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC119,09622.2100002645122.162.98%88741500.003750000750.00
01/17/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC45,14457.0800002576819.522.90%88741500.003750000750.00
01/17/2019WBIYM55616P104MACYS INC83,09624.4800002034190.082.29%88741500.003750000750.00
01/17/2019WBIYHRB093671105BLOCK H & R INC77,86525.0300001948960.952.20%88741500.003750000750.00
01/17/2019WBIYWYND98310W108WYNDHAM DESTINATIONS INC47,52239.2800001866664.162.10%88741500.003750000750.00
01/17/2019WBIYNYCB649445103NEW YORK CMNTY BANCORP INC162,51710.1700001652797.891.86%88741500.003750000750.00
01/17/2019WBIYPDCO703395103PATTERSON COMPANIES INC67,25322.2200001494361.661.68%88741500.003750000750.00
01/17/2019WBIYKMB494368103KIMBERLY CLARK CORP11,700114.7400001342458.001.51%88741500.003750000750.00
01/17/2019WBIYIVZG491BT108INVESCO LTD70,34218.3100001287962.021.45%88741500.003750000750.00
01/17/2019WBIYHOG412822108HARLEY DAVIDSON INC32,97137.0700001222234.971.38%88741500.003750000750.00
01/17/2019WBIYCAH14149Y108CARDINAL HEALTH INC24,89948.4200001205609.581.36%88741500.003750000750.00
01/17/2019WBIYPBCT712704105PEOPLES UNITED FINANCIAL INC COM68,94715.7300001084536.311.22%88741500.003750000750.00
01/17/2019WBIYORI680223104OLD REP INTL CORP47,92321.6000001035136.801.17%88741500.003750000750.00
01/17/2019WBIYMET59156R108METLIFE INC22,49244.8700001009216.041.14%88741500.003750000750.00
01/17/2019WBIYFNB302520101FNB CORP PA88,81711.2700001000967.591.13%88741500.003750000750.00
01/17/2019WBIYUMPQ904214103UMPQUA HLDGS CORP53,21818.010000958456.181.08%88741500.003750000750.00
01/17/2019WBIYLM524901105LEGG MASON INC33,15028.390000941128.501.06%88741500.003750000750.00
01/17/2019WBIYPFG74251V102PRINCIPAL FINL GROUP INC18,40648.270000888457.621.00%88741500.003750000750.00
01/17/2019WBIYPRU744320102PRUDENTIAL FINL INC9,70890.480000878379.840.99%88741500.003750000750.00
01/17/2019WBIYKEY493267108KEYCORP NEW52,54016.750000880045.000.99%88741500.003750000750.00
01/17/2019WBIYFII314211103FEDERATED INVS INC PA31,37725.850000811095.450.91%88741500.003750000750.00
01/17/2019WBIYNAVI63938C108NAVIENT CORPORATION66,88110.650000712282.650.80%88741500.003750000750.00
01/17/2019WBIYMDP589433101MEREDITH CORP12,30454.580000671552.320.76%88741500.003750000750.00
01/17/2019WBIYCash&OtherCash&OtherCash & Other623,4931.000000623493.130.70%88741500.00375000075Y
01/17/2019WBIYCHS168615102CHICOS FAS INC103,7266.030000625467.780.70%88741500.003750000750.00
01/17/2019WBIYPBI724479100PITNEY BOWES INC84,5647.290000616471.560.69%88741500.003750000750.00
01/17/2019WBIYODP676220106OFFICE DEPOT INC175,0103.000000525030.000.59%88741500.003750000750.00
01/17/2019WBIYWMB969457100WILLIAMS COS INC DEL19,01125.860000491624.460.55%88741500.003750000750.00
01/17/2019WBIYMCY589400100MERCURY GENL CORP NEW9,00853.090000478234.720.54%88741500.003750000750.00
01/17/2019WBIYBGCP05541T101BGC PARTNERS INC65,9056.180000407292.900.46%88741500.003750000750.00
01/17/2019WBIYGCI36473H104GANNETT CO INC32,17811.420000367472.760.41%88741500.003750000750.00
01/17/2019WBIYETM293639100ENTERCOM COMMUNICATIONS CORP CL A45,0047.070000318178.280.36%88741500.003750000750.00
01/17/2019WBIYNMRK65158N102NEWMARK GROUP INC30,58210.030000306737.460.35%88741500.003750000750.00
01/17/2019WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC8,68429.570000256785.880.29%88741500.003750000750.00
01/17/2019WBIYHAFC410495204HANMI FINL CORP10,99720.140000221479.580.25%88741500.003750000750.00
01/17/2019WBIYQUAD747301109QUAD / GRAPHICS INC14,73714.240000209854.880.24%88741500.003750000750.00
01/17/2019WBIYCNSL209034107CONSOLIDATED COMM HLDGS INC18,97310.690000202821.370.23%88741500.003750000750.00
01/17/2019WBIYENLC29336T100ENLINK MIDSTREAM LLC17,47011.270000196886.900.22%88741500.003750000750.00
01/17/2019WBIYCATO149205106CATO CORP NEW12,86914.750000189817.750.21%88741500.003750000750.00
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: 01/16/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
3,750,000
88.74
$23.65
10,533
-0.08%
0.70% / 0.85%
Performance Month End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-11.65%
-15.13%
-11.33%
-11.33%
 
-0.10%
Market
-12.07%
-15.49%
-12.05%
-12.05%
 
-0.33%
Performance Quarter End
As of: 12/31/2018
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-11.65
-15.13
-11.33
-11.33
 
-0.10
Market
-12.07
-15.49
-12.05
-12.05
 
-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: 12/31/2018
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
5.35%
5.37%

WBIY Top Holdings
As of: 01/17/2019
Security Name Weightings Shares
CENTERPOINT ENERGY INC
INTERNATIONAL BUSINESS MACHS COM
NIELSEN HLDGS PLC
GENERAL MLS INC
INTL PAPER CO
SEAGATE TECHNOLOGY PLC
LYONDELLBASELL INDUSTRIES N V SHS - A -
FORD MTR CO DEL
NEWELL BRANDS INC
ALTRIA GROUP INC
5.11%
5.03%
4.99%
4.95%
4.95%
4.79%
4.70%
4.68%
4.62%
3.99%
153,541
36,678
176,024
103,911
98,797
107,081
49,155
501,399
199,489
75,110
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.