As of 05/18/2022
FUND NET ASSETS
As of 05/18/2022
The bond market is typically a comfort zone for investors looking to get out of risky stocks. But recent bond volatility has increased investor anxiety with yield curves inverting, treasuries sinking to multi-decade lows, and fluctuating Fed rates. To realize stability in bonds, bond type and duration matter. WBI’s bond model tactically manages bond holdings for duration, quality, and bond type.
WBI’s time-tested bond model targets the optimal duration and credit quality for fixed income holdings. The models assess conditions likely to affect the relative performance of U.S. High Yield Bonds, U.S. Investment Grade Corporate Bonds, and U.S. Treasuries and determine their sensitivity to credit quality and duration. The model considers macroeconomic factors, interest rates, credit spreads, valuation, momentum and technical market indicators in fixed income, equity and commodity markets.
WBII is is designed to participate in market advances and protect capital during market declines. With WBI’s hallmark active risk management, WBII is a great tool to pair with passive ETFs to reduce down-market correlation, volatility, and loss of capital.
|05/19/2022||WBII||Cash&Other||Cash&Other||Cash & Other||20,632,413||1.000000||20632412.92||49.20%||41935850.00||1900000||38||Y|
|05/19/2022||WBII||SCHO||808524862||SCHWAB STRATEGIC TR SHT TM US TRES||355,075||49.350000||17522951.25||41.79%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||NRG||629377508||NRG ENERGY INC||22,982||45.760000||1051656.32||2.51%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||MRK||58933Y105||MERCK & CO INC||10,678||92.100000||983443.80||2.35%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||SHV||464288679||ISHARES TR SHORT TREAS BD||3,784||110.210000||417034.64||0.99%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||BIL||78468R663||SPDR SER TR BLOOMBERG 1-3 MO||4,559||91.440000||416874.96||0.99%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||CVX||166764100||CHEVRON CORP NEW||1,535||168.060000||257972.10||0.62%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||LUMN||550241103||LUMEN TECHNOLOGIES INC||20,000||11.400000||228000.00||0.54%||41935850.00||1900000||38||0.00|
|05/19/2022||WBII||FANG||25278X109||DIAMONDBACK ENERGY INC||1,500||128.360000||192540.00||0.46%||41935850.00||1900000||38||0.00|
An investment in the Funds is subject to risk, including the possible loss of principal. There is no guarantee the Advisor’s investment strategy or quantitative models used in the investment strategy will be successful. To the extent that a Fund invests in dividend-paying equities, if stocks held by the Fund reduce or stop paying dividends, the Funds’ ability to generate income may be affected. Small and medium capitalization companies may involve greater volatility and risk than investing in larger and more established companies. Foreign and emerging market securities carry additional risks such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments.
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.
For a full list of investment risks associated with the fund including but not limited to Debt Risk, Dividend Risk, Cash Position Risk, Portfolio Turnover Risk, Quantitative Model Risk, Master Limited Partnership Risk, and Real-Estate Investment Trust Risk please read the prospectus.