Prepare and Protect:

Let us help you navigate the cycles

ACTIVE RISK-MANAGED ETFS

 

WBI’s active investment process seeks to manage risk to capital, unleash the benefits of compounding, and grow capital efficiently through good and bad market cycles. Our Bull|Bear ETFs combine our time-tested, multi-factor security selection models with our advanced dynamic trailing stop process to protect capital.

TREND SWITCH ETFS

 

WBI has utilized domestic stock and fixed income trend models in our quantitative management process for nearly 30 years. The Trend Switch ETFs are designed to give investors simple solutions aiming to optimize outcomes in bull and bear market cycles.

POWER FACTOR ETFS

 

WBI’s multi-factor security selection models have been time-tested over three decades to develop the most powerful factor combinations to find the strongest dividend stocks to buy. Our Power Factor ETF unleashes the power of WBI’s sophisticated security selection to identify 50 stocks that have a deep value bias, quality fundamentals, and an attractive yield. Quarterly rebalancing provides a more active approach than you would find in similar offerings.

FEATURED PRODUCTS

WBIF

WBI Bull|Bear
Value 3000 ETF

WBIY

WBI Power Factor® High Dividend ETF

WBIT

WBI Bull|Bear Trend Switch US 3000 Total Return

WBII

WBI Bull|Bear
Global Income ETF

ALL FUNDS

Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$26.05
- $0.26
0.29%
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: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
2,350,000
61.21
$26.03
6,356
-0.06%
0.70% / 0.98%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-2.30%
-1.93%
19.17%
24.48%
6.17%
6.28%
Market
-2.38%
-1.90%
19.22%
24.61%
6.20%
6.30%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-2.63
-1.14
21.51
51.01
5.44
6.95
Market
-2.63
-1.27
21.54
51.02
5.47
6.96

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

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 0.70% of the average daily net assets for the Fund until at least October 31, 2022.

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.05%
3.79%

WBIY Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
ABBVIE INC
VERIZON COMMUNICATIONS INC
DOW INC
PHILIP MORRIS INTL INC
NEWMONT CORP
SOUTHERN CO
CARDINAL HEALTH INC
KRAFT HEINZ CO
LYONDELLBASELL INDUSTRIES N V SHS - A -
INTERNATIONAL BUSINESS MACHS COM
6.75%
6.08%
5.70%
5.57%
4.83%
4.77%
4.62%
4.57%
4.45%
4.22%
35,640
74,760
66,080
39,267
54,860
47,733
61,675
85,058
32,231
22,103
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBIYABBV00287Y109ABBVIE INC35,640115.9100004131032.406.75%61206220.002350000470.00
12/02/2021WBIYVZ92343V104VERIZON COMMUNICATIONS INC74,76049.7700003720805.206.08%61206220.002350000470.00
12/02/2021WBIYDOW260557103DOW INC66,08052.7600003486380.805.70%61206220.002350000470.00
12/02/2021WBIYPM718172109PHILIP MORRIS INTL INC39,26786.8700003411124.295.57%61206220.002350000470.00
12/02/2021WBIYNEM651639106NEWMONT CORP54,86053.8700002955308.204.83%61206220.002350000470.00
12/02/2021WBIYSO842587107SOUTHERN CO47,73361.1400002918395.624.77%61206220.002350000470.00
12/02/2021WBIYCAH14149Y108CARDINAL HEALTH INC61,67545.8700002829032.254.62%61206220.002350000470.00
12/02/2021WBIYKHC500754106KRAFT HEINZ CO85,05832.8800002796707.044.57%61206220.002350000470.00
12/02/2021WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -32,23184.5500002725131.054.45%61206220.002350000470.00
12/02/2021WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM22,103116.9200002584282.764.22%61206220.002350000470.00
12/02/2021WBIYIP460146103INTERNATIONAL PAPER CO36,64945.1300001653969.372.70%61206220.002350000470.00
12/02/2021WBIYUNM91529Y106UNUM GROUP58,90822.3800001318361.042.15%61206220.002350000470.00
12/02/2021WBIYCash&OtherCash&OtherCash & Other1,312,1831.0000001312182.542.14%61206220.00235000047Y
12/02/2021WBIYWU959802109WESTERN UN CO78,47716.2300001273681.712.08%61206220.002350000470.00
12/02/2021WBIYOMF68268W103ONEMAIN HLDGS INC25,08550.8600001275823.102.08%61206220.002350000470.00
12/02/2021WBIYPBCT712704105PEOPLES UNITED FINANCIAL INC COM64,12916.6400001067106.561.74%61206220.002350000470.00
12/02/2021WBIYOMC681919106OMNICOM GROUP INC15,97866.5700001063655.461.74%61206220.002350000470.00
12/02/2021WBIYXRX98421M106XEROX HOLDINGS CORP51,57319.160000988138.681.61%61206220.002350000470.00
12/02/2021WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM14,13367.760000957652.081.56%61206220.002350000470.00
12/02/2021WBIYCWH13462K109CAMPING WORLD HLDGS INC22,02641.840000921567.841.51%61206220.002350000470.00
12/02/2021WBIYFHN320517105FIRST HORIZON CORPORATION56,72115.750000893355.751.46%61206220.002350000470.00
12/02/2021WBIYORI680223104OLD REP INTL CORP37,31823.580000879958.441.44%61206220.002350000470.00
12/02/2021WBIYBGFV08915P101BIG 5 SPORTING GOODS CORP38,02323.030000875669.691.43%61206220.002350000470.00
12/02/2021WBIYHRB093671105BLOCK H & R INC35,11623.130000812233.081.33%61206220.002350000470.00
12/02/2021WBIYNAVI63938C108NAVIENT CORPORATION41,95919.460000816522.141.33%61206220.002350000476713.44
12/02/2021WBIYVIRT928254101VIRTU FINL INC25,64127.700000710255.701.16%61206220.002350000470.00
12/02/2021WBIYFRG35180X105FRANCHISE GROUP INC14,78546.710000690607.351.13%61206220.002350000470.00
12/02/2021WBIYCWEN18539C204CLEARWAY ENERGY INC16,72537.110000620664.751.01%61206220.002350000470.00
12/02/2021WBIYVGR92240M108VECTOR GROUP LTD39,80015.260000607348.000.99%61206220.002350000470.00
12/02/2021WBIYETRN294600101EQUITRANS MIDSTREAM CORP63,5409.380000596005.200.97%61206220.002350000470.00
12/02/2021WBIYGLT377320106GLATFELTER CORPORATION35,02216.710000585217.620.96%61206220.002350000470.00
12/02/2021WBIYSJI838518108SOUTH JERSEY INDS INC24,55523.510000577288.050.94%61206220.002350000470.00
12/02/2021WBIYPETS716382106PETMED EXPRESS INC20,32327.170000552175.910.90%61206220.002350000470.00
12/02/2021WBIYFNB302520101F N B CORP47,33611.400000539630.400.88%61206220.002350000475680.32
12/02/2021WBIYSGU85512C105STAR GROUP L P52,25210.190000532447.880.87%61206220.002350000470.00
12/02/2021WBIYETD297602104ETHAN ALLEN INTERIORS INC23,63522.490000531551.150.87%61206220.002350000470.00
12/02/2021WBIYCATO149205106CATO CORP NEW32,98316.190000533994.770.87%61206220.002350000470.00
12/02/2021WBIYUVV913456109UNIVERSAL CORP VA11,25546.950000528422.250.86%61206220.002350000470.00
12/02/2021WBIYRGR864159108STURM RUGER & CO INC7,10070.580000501118.000.82%61206220.002350000470.00
12/02/2021WBIYUVE91359V107UNIVERSAL INS HLDGS INC32,62515.210000496226.250.81%61206220.002350000470.00
12/02/2021WBIYHESM428103105HESS MIDSTREAM LP20,61724.000000494808.000.81%61206220.002350000470.00
12/02/2021WBIYSXC86722A103SUNCOKE ENERGY INC79,1946.020000476747.880.78%61206220.002350000470.00
12/02/2021WBIYACNB000868109ACNB CORP16,08228.720000461875.040.75%61206220.002350000470.00
12/02/2021WBIYATLO031001100AMES NATL CORP18,86824.180000456228.240.75%61206220.002350000470.00
12/02/2021WBIYFNLC31866P102FIRST BANCORP INC ME15,15029.370000444955.500.73%61206220.002350000470.00
12/02/2021WBIYSAFT78648T100SAFETY INS GROUP INC5,53377.700000429914.100.70%61206220.002350000470.00
12/02/2021WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC15,10928.500000430606.500.70%61206220.002350000470.00
12/02/2021WBIYFFBC320209109FIRST FINL BANCORP OH18,71722.890000428432.130.70%61206220.002350000470.00
12/02/2021WBIYFULT360271100FULTON FINL CORP PA27,36115.660000428473.260.70%61206220.002350000470.00
12/02/2021WBIYMCY589400100MERCURY GENL CORP NEW8,01751.360000411753.120.67%61206220.002350000470.00
12/02/2021WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A9,30543.140000401417.700.66%61206220.002350000470.00
12/02/2021WBIYKD50155Q100KYNDRYL HLDGS INC4,42015.75000069615.000.11%61206220.002350000470.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$21.42
$0.00
0.28%
Fund Goals

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

Prices
 As of: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,400,000
29.99
$21.41
4,010
-0.07%
0.88%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
1.16%
7.84%
8.78%
11.12%
 
7.29%
Market
1.14%
7.67%
8.76%
11.05%
 
7.28%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
-4.51
-1.91
0.87
11.14
 
4.41
Market
-4.31
-1.66
1.01
11.07
 
4.47

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

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield
0.46%

WBIT Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
VANGUARD SCOTTSDALE FDS LG-TERM COR BD
ISHARES TR 10+ YR INVST GRD
ISHARES TR IBOXX INV CP ETF
Cash & Other
43.81%
41.46%
13.79%
0.94%
122,845
177,110
31,133
283,405
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBITVCLT92206C813VANGUARD SCOTTSDALE FDS LG-TERM COR BD122,845106.96000013139501.2043.81%29994860.001400000560.00
12/02/2021WBITIGLB464289511ISHARES TR 10+ YR INVST GRD177,11070.22000012436664.2041.46%29994860.001400000560.00
12/02/2021WBITLQD464287242ISHARES TR IBOXX INV CP ETF31,133132.8400004135707.7213.79%29994860.001400000560.00
12/02/2021WBITCash&OtherCash&OtherCash & Other283,4051.000000283404.590.94%29994860.00140000056Y
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.74
- $0.01
0.16%
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: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,150,000
53.20
$24.75
12,937
0.01%
1.45%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-0.05%
0.36%
2.18%
4.14%
5.58%
3.15
2.54%
Market
-0.04%
0.36%
2.44%
4.45%
5.61%
3.16
2.53%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-0.50
0.21
1.82
6.74
4.72
2.84
2.54
Market
-0.41
0.38
2.06
6.83
4.75
2.86
2.54

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

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield
2.90%
WBII Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
ISHARES TR 10+ YR INVST GRD
VANGUARD SCOTTSDALE FDS LG-TERM COR BD
ISHARES BARCLAYS TIPS BOND FUND
ISHARES TR PFD AND INCM SEC
ISHARES TR IBOXX INV CP ETF
Cash & Other
30.57%
29.08%
14.93%
14.68%
10.00%
0.73%
231,627
144,626
61,547
203,753
40,056
388,378
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBIIIGLB464289511ISHARES TR 10+ YR INVST GRD231,62770.22000016264847.9430.57%53196805.002150000430.00
12/02/2021WBIIVCLT92206C813VANGUARD SCOTTSDALE FDS LG-TERM COR BD144,626106.96000015469196.9629.08%53196805.002150000430.00
12/02/2021WBIITIP464287176ISHARES BARCLAYS TIPS BOND FUND61,547129.0700007943871.2914.93%53196805.002150000430.00
12/02/2021WBIIPFF464288687ISHARES TR PFD AND INCM SEC203,75338.3200007807814.9614.68%53196805.002150000430.00
12/02/2021WBIILQD464287242ISHARES TR IBOXX INV CP ETF40,056132.8400005321039.0410.00%53196805.002150000430.00
12/02/2021WBIICash&OtherCash&OtherCash & Other388,3781.000000388377.750.73%53196805.00215000043Y
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$29.30
- $0.30
0.32%
Fund Goals

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

Prices
 As of: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,588,315
46.53
$29.28
5,105
-0.08%
1.25% / 1.36%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.20%
-0.71%
10.93%
9.41%
1.60%
5.38
3.21%
Market
-3.31%
-0.90%
10.97%
9.43%
1.57%
5.34
3.20%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-7.21
-5.89
11.71
15.82
0.10
7.41
3.39
Market
-7.09
-5.82
11.98
15.86
0.16
7.44
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. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please see the monthly performance table above.

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2022.

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield
1.29%
WBIF Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
Cash & Other
TOLL BROTHERS INC
DARDEN RESTAURANTS INC
AMERISOURCEBERGEN CORP
WASTE MGMT INC DEL
TARGET CORP
WALMART INC
PFIZER INC
GENERAL MLS INC
ARCHER DANIELS MIDLAND CO
18.74%
4.73%
4.69%
4.63%
4.47%
4.41%
4.19%
4.10%
4.07%
4.06%
8,718,321
33,993
15,969
18,892
12,993
8,538
14,224
34,909
30,828
30,566
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBIFCash&OtherCash&OtherCash & Other8,718,3211.0000008718320.5818.74%46532864.56158831531Y
12/02/2021WBIFTOL889478103TOLL BROTHERS INC33,99364.7200002200026.964.73%46532864.561588315310.00
12/02/2021WBIFDRI237194105DARDEN RESTAURANTS INC15,969136.6600002182323.544.69%46532864.561588315310.00
12/02/2021WBIFABC03073E105AMERISOURCEBERGEN CORP18,892114.0800002155199.364.63%46532864.561588315310.00
12/02/2021WBIFWM94106L109WASTE MGMT INC DEL12,993159.9350002078035.464.47%46532864.561588315317470.98
12/02/2021WBIFTGT87612E106TARGET CORP8,538240.3900002052449.824.41%46532864.561588315310.00
12/02/2021WBIFWMT931142103WALMART INC14,224137.1400001950679.364.19%46532864.561588315310.00
12/02/2021WBIFPFE717081103PFIZER INC34,90954.6800001908824.124.10%46532864.561588315310.00
12/02/2021WBIFGIS370334104GENERAL MLS INC30,82861.4300001893764.044.07%46532864.561588315310.00
12/02/2021WBIFADM039483102ARCHER DANIELS MIDLAND CO30,56661.8200001889590.124.06%46532864.561588315310.00
12/02/2021WBIFMET59156R108METLIFE INC33,03157.1100001886400.414.05%46532864.561588315310.00
12/02/2021WBIFPXD723787107PIONEER NAT RES CO10,307174.3000001796510.103.86%46532864.561588315310.00
12/02/2021WBIFFAF31847R102FIRST AMERN FINL CORP20,00174.1600001483274.163.19%46532864.561588315310.00
12/02/2021WBIFF345370860FORD MTR CO DEL72,67519.5800001422976.503.06%46532864.561588315310.00
12/02/2021WBIFXLNX983919101XILINX INC6,420219.1400001406878.803.02%46532864.561588315310.00
12/02/2021WBIFMSFT594918104MICROSOFT CORP4,213330.0800001390627.042.99%46532864.561588315310.00
12/02/2021WBIFXOM30231G102EXXON MOBIL CORP23,21559.7900001388024.852.98%46532864.561588315310.00
12/02/2021WBIFNVDA67066G104NVIDIA CORPORATION4,246314.3500001334730.102.87%46532864.561588315310.00
12/02/2021WBIFABBV00287Y109ABBVIE INC10,852115.9100001257855.322.70%46532864.561588315310.00
12/02/2021WBIFCOP20825C104CONOCOPHILLIPS16,30969.2000001128582.802.43%46532864.561588315310.00
12/02/2021WBIFWDAY98138H101WORKDAY INC4,208260.8600001097698.882.36%46532864.561588315310.00
12/02/2021WBIFDVN25179M103DEVON ENERGY CORP NEW23,76440.840000970521.762.09%46532864.561588315310.00
12/02/2021WBIFFANG25278X109DIAMONDBACK ENERGY INC8,920103.000000918760.001.97%46532864.561588315310.00
12/02/2021WBIFKEY493267108KEYCORP35,56922.060000784652.141.69%46532864.561588315310.00
12/02/2021WBIFHSY427866108HERSHEY CO4,070175.510000714325.701.54%46532864.561588315310.00
12/02/2021WBIFHPQ40434L105HP INC19,22736.460000701016.421.51%46532864.561588315310.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$25.55
- $0.22
0.22%
Fund Goals

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

Prices
 As of: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,680,183
42.93
$25.55
4,987
-0.01%
1.25% / 1.27%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.30%
0.43%
10.76%
9.88%
2.49%
6.09
1.73%
Market
-3.53%
0.12%
10.97%
9.94%
2.49%
6.06
1.71%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-5.06
-3.34
10.29
14.71
0.20
6.76
1.71
Market
-4.94
-3.22
10.84
14.76
0.29
6.79
1.73

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

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2022.

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield
1.52%
WBIG Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
Cash & Other
AMERISOURCEBERGEN CORP
TYSON FOODS INC
ARCHER DANIELS MIDLAND CO
CHEVRON CORP NEW
PFIZER INC
HP INC
PIONEER NAT RES CO
IRON MTN INC NEW
CITIZENS FINL GROUP INC
37.36%
4.31%
4.21%
4.16%
4.14%
4.10%
4.01%
3.85%
3.58%
3.50%
16,041,513
16,233
23,079
28,876
15,848
32,164
47,242
9,472
34,083
32,291
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBIGCash&OtherCash&OtherCash & Other16,041,5131.00000016041513.1337.36%42932708.09168018333Y
12/02/2021WBIGABC03073E105AMERISOURCEBERGEN CORP16,233114.0800001851860.644.31%42932708.091680183330.00
12/02/2021WBIGTSN902494103TYSON FOODS INC23,07978.2600001806162.544.21%42932708.091680183330.00
12/02/2021WBIGADM039483102ARCHER DANIELS MIDLAND CO28,87661.8200001785114.324.16%42932708.091680183330.00
12/02/2021WBIGCVX166764100CHEVRON CORP NEW15,848112.1000001776560.804.14%42932708.091680183330.00
12/02/2021WBIGPFE717081103PFIZER INC32,16454.6800001758727.524.10%42932708.091680183330.00
12/02/2021WBIGHPQ40434L105HP INC47,24236.4600001722443.324.01%42932708.091680183330.00
12/02/2021WBIGPXD723787107PIONEER NAT RES CO9,472174.3000001650969.603.85%42932708.091680183330.00
12/02/2021WBIGIRM46284V101IRON MTN INC NEW34,08345.1300001538165.793.58%42932708.091680183330.00
12/02/2021WBIGCFG174610105CITIZENS FINL GROUP INC32,29146.5200001502177.323.50%42932708.091680183330.00
12/02/2021WBIGXOM30231G102EXXON MOBIL CORP24,94659.7900001491521.343.47%42932708.091680183330.00
12/02/2021WBIGF345370860FORD MTR CO DEL67,24419.5800001316637.523.07%42932708.091680183330.00
12/02/2021WBIGXLNX983919101XILINX INC5,940219.1400001301691.603.03%42932708.091680183330.00
12/02/2021WBIGABBV00287Y109ABBVIE INC10,905115.9100001263998.552.94%42932708.091680183330.00
12/02/2021WBIGGIS370334104GENERAL MLS INC20,21461.4300001241746.022.89%42932708.091680183330.00
12/02/2021WBIGNVDA67066G104NVIDIA CORPORATION3,929314.3500001235081.152.88%42932708.091680183330.00
12/02/2021WBIGWDAY98138H101WORKDAY INC4,672260.8600001218737.922.84%42932708.091680183330.00
12/02/2021WBIGCOP20825C104CONOCOPHILLIPS15,02169.2000001039453.202.42%42932708.091680183330.00
12/02/2021WBIGTGT87612E106TARGET CORP3,497240.390000840643.831.96%42932708.091680183330.00
12/02/2021WBIGFANG25278X109DIAMONDBACK ENERGY INC8,174103.000000841922.001.96%42932708.091680183330.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 12/01/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$29.83
- $0.28
0.23%
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small-, mid- and large-cap securities with strong measures of financial health and potential for growth.

Prices
 As of: 12/01/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,427,182
42.57
$29.81
4,241
-0.07%
1.25% / 1.31%
Performance Month End
 As of: 11/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-2.78%
2.71%
13.14%
9.64%
5.11%
6.24
3.15%
Market
-2.78%
2.60%
13.46%
9.87%
5.12%
6.26
3.14%
Performance Quarter End
 As of: 09/30/2021
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-7.74
-4.37
10.15
11.67
1.77
7.19
2.83
Market
-7.65
-4.33
10.58
11.63
1.83
7.19
2.84

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

*The Fund’s investment sub-advisor has agreed to limit the Fund’s Total Annual Fund Operating Expenses to no more than 1.25% of the average daily net assets for the Fund until at least October 31, 2022.

Fund Characteristics
 As of: 11/30/2021
30-Day SEC Yield
0.95%
WBIL Top Holdings
 As of: 12/02/2021
Security Name Weightings Shares
Cash & Other
MARSH & MCLENNAN COS INC
PFIZER INC
TARGET CORP
ABBVIE INC
PAYCHEX INC
TEXAS INSTRS INC
ORACLE CORP
FORD MTR CO DEL
XILINX INC
39.59%
4.92%
4.62%
4.42%
4.36%
4.23%
4.12%
3.83%
3.05%
3.02%
16,851,184
12,796
35,977
7,822
16,024
15,296
9,151
18,177
66,414
5,866
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
12/02/2021WBILCash&OtherCash&OtherCash & Other16,851,1841.00000016851183.8639.59%42567843.92142718228Y
12/02/2021WBILMMC571748102MARSH & MCLENNAN COS INC12,796163.7400002095217.044.92%42567843.921427182280.00
12/02/2021WBILPFE717081103PFIZER INC35,97754.6800001967222.364.62%42567843.921427182280.00
12/02/2021WBILTGT87612E106TARGET CORP7,822240.3900001880330.584.42%42567843.921427182280.00
12/02/2021WBILABBV00287Y109ABBVIE INC16,024115.9100001857341.844.36%42567843.921427182280.00
12/02/2021WBILPAYX704326107PAYCHEX INC15,296117.8000001801868.804.23%42567843.921427182280.00
12/02/2021WBILTXN882508104TEXAS INSTRS INC9,151191.7600001754795.764.12%42567843.921427182280.00
12/02/2021WBILORCL68389X105ORACLE CORP18,17789.7500001631385.753.83%42567843.921427182280.00
12/02/2021WBILF345370860FORD MTR CO DEL66,41419.5800001300386.123.05%42567843.921427182280.00
12/02/2021WBILXLNX983919101XILINX INC5,866219.1400001285475.243.02%42567843.921427182280.00
12/02/2021WBILFANG25278X109DIAMONDBACK ENERGY INC11,915103.0000001227245.002.88%42567843.921427182280.00
12/02/2021WBILIRM46284V101IRON MTN INC NEW27,07845.1300001222030.142.87%42567843.921427182280.00
12/02/2021WBILNVDA67066G104NVIDIA CORPORATION3,881314.3500001219992.352.87%42567843.921427182280.00
12/02/2021WBILWDAY98138H101WORKDAY INC4,615260.8600001203868.902.83%42567843.921427182280.00
12/02/2021WBILPXD723787107PIONEER NAT RES CO6,916174.3000001205458.802.83%42567843.921427182280.00
12/02/2021WBILDVN25179M103DEVON ENERGY CORP NEW21,01540.840000858252.602.02%42567843.921427182280.00
12/02/2021WBILKEY493267108KEYCORP38,07422.060000839912.441.97%42567843.921427182280.00
12/02/2021WBILXOM30231G102EXXON MOBIL CORP13,84459.790000827732.761.94%42567843.921427182280.00
12/02/2021WBILCOP20825C104CONOCOPHILLIPS11,54369.200000798775.601.88%42567843.921427182280.00
12/02/2021WBILGIS370334104GENERAL MLS INC8,62061.430000529526.601.24%42567843.921427182280.00
12/02/2021WBILABT002824100ABBOTT LABS3,409126.740000432056.661.01%42567843.921427182280.00
Premium/Discount
Download Premium/Discount

Download all holdings data

Market Disruptions Resulting from COVID-19.  The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.

An investment in the Funds is subject to risk, including the possible loss of principal. There is no guarantee the Advisor’s investment strategy or quantitative models used in the investment strategy will be successful. To the extent that a Fund invests in dividend-paying equities, if stocks held by the Fund reduce or stop paying dividends, the Funds’ ability to generate income may be affected. Small and medium capitalization companies may involve greater volatility and risk than investing in larger and more established companies. Foreign and emerging market securities carry additional risks such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments.

There are risks specific to WBIN, WBIT, and WBII which can primarily invest in debt securities. 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.

There are risks specific to WBIY and WBIG which focus on high yielding securities. The Funds invest in high yielding stocks, which may be speculative, higher risk investments. It is possible these companies could pay out more than they can support and may reduce or stop paying dividends at any time, which could have a material adverse effect on the companies’ stock price and the Fund’s performance.

WBIF focuses on value securities. Value style investing involves the risk that an investment made in undervalued securities may not appreciate as anticipated or remain undervalued for long periods of time.

WBIY is not actively managed and the Sub-Advisor does not attempt to take defensive positions in declining markets. Unlike many investment companies, the Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index.

For a full list of investment risks associated with the funds, including but not limited to market risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, master limited partnership risk, real estate investment trust risk, ETF risk, and trading price risk, please read the prospectus.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in creation units only. Total returns are calculated using the daily 4:00 p.m. EST net asset value (NAV). Market price returns reflect the last trade on a given date where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.