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: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$27.59
- $0.18
0.32%
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: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
2,350,000
64.85
$27.62
3,080
0.08%
0.70% / 0.77%
Performance Month 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%
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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
3.99%
3.80%

WBIY Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
VERIZON COMMUNICATIONS INC
DOW INC
ABBVIE INC
PHILIP MORRIS INTL INC
LYONDELLBASELL INDUSTRIES N V SHS - A -
CARDINAL HEALTH INC
SOUTHERN CO
INTERNATIONAL BUSINESS MACHS COM
KRAFT HEINZ CO
NEWMONT CORP
6.03%
6.02%
5.90%
5.79%
4.89%
4.88%
4.86%
4.83%
4.82%
4.81%
74,760
66,080
35,640
39,267
32,231
65,171
50,099
22,103
85,058
54,860
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBIYVZ92343V104VERIZON COMMUNICATIONS INC74,76052.3500003913686.006.03%64932615.002350000470.00
10/20/2021WBIYDOW260557103DOW INC66,08059.1900003911275.206.02%64932615.002350000470.00
10/20/2021WBIYABBV00287Y109ABBVIE INC35,640107.4500003829518.005.90%64932615.002350000470.00
10/20/2021WBIYPM718172109PHILIP MORRIS INTL INC39,26795.7900003761385.935.79%64932615.002350000470.00
10/20/2021WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -32,23198.6100003178298.914.89%64932615.002350000470.00
10/20/2021WBIYCAH14149Y108CARDINAL HEALTH INC65,17148.6300003169265.734.88%64932615.002350000470.00
10/20/2021WBIYSO842587107SOUTHERN CO50,09962.9700003154734.034.86%64932615.002350000470.00
10/20/2021WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM22,103141.9800003138183.944.83%64932615.002350000470.00
10/20/2021WBIYKHC500754106KRAFT HEINZ CO85,05836.8100003130984.984.82%64932615.002350000470.00
10/20/2021WBIYNEM651639106NEWMONT CORP54,86056.9900003126471.404.81%64932615.002350000470.00
10/20/2021WBIYIP460146103INTERNATIONAL PAPER CO36,64952.0600001907946.942.94%64932615.002350000470.00
10/20/2021WBIYUNM91529Y106UNUM GROUP58,90827.9000001643533.202.53%64932615.002350000470.00
10/20/2021WBIYWU959802109WESTERN UN CO78,47720.1700001582881.092.44%64932615.002350000470.00
10/20/2021WBIYOMF68268W103ONEMAIN HLDGS INC25,08559.2300001485784.552.29%64932615.002350000470.00
10/20/2021WBIYOMC681919106OMNICOM GROUP INC15,97876.4700001221837.661.88%64932615.002350000470.00
10/20/2021WBIYPBCT712704105PEOPLES UNITED FINANCIAL INC COM64,12917.7700001139572.331.76%64932615.002350000470.00
10/20/2021WBIYXRX98421M106XEROX HOLDINGS CORP51,57320.4500001054667.851.62%64932615.002350000470.00
10/20/2021WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM14,13369.030000975600.991.50%64932615.002350000470.00
10/20/2021WBIYFHN320517105FIRST HORIZON CORPORATION56,72117.020000965391.421.49%64932615.002350000470.00
10/20/2021WBIYORI680223104OLD REP INTL CORP37,31824.740000923247.321.42%64932615.002350000470.00
10/20/2021WBIYBGFV08915P101BIG 5 SPORTING GOODS CORP38,02323.900000908749.701.40%64932615.002350000470.00
10/20/2021WBIYHRB093671105BLOCK H & R INC35,11624.540000861746.641.33%64932615.002350000470.00
10/20/2021WBIYCWH13462K109CAMPING WORLD HLDGS INC22,02638.470000847340.221.30%64932615.002350000470.00
10/20/2021WBIYNAVI63938C108NAVIENT CORPORATION41,95919.920000835823.281.29%64932615.002350000470.00
10/20/2021WBIYETRN294600101EQUITRANS MIDSTREAM CORP63,54011.320000719272.801.11%64932615.002350000470.00
10/20/2021WBIYVIRT928254101VIRTU FINL INC25,64126.330000675127.531.04%64932615.002350000470.00
10/20/2021WBIYCash&OtherCash&OtherCash & Other625,2661.000000625265.760.96%64932615.00235000047Y
10/20/2021WBIYFNB302520101F N B CORP47,33612.330000583652.880.90%64932615.002350000470.00
10/20/2021WBIYRGR864159108STURM RUGER & CO INC7,10079.120000561752.000.87%64932615.002350000470.00
10/20/2021WBIYETD297602104ETHAN ALLEN INTERIORS INC23,63524.020000567712.700.87%64932615.002350000470.00
10/20/2021WBIYFRG35180X105FRANCHISE GROUP INC14,78537.910000560499.350.86%64932615.002350000470.00
10/20/2021WBIYGLT377320106GLATFELTER CORPORATION35,02215.730000550896.060.85%64932615.002350000470.00
10/20/2021WBIYSJI838518108SOUTH JERSEY INDS INC24,55522.410000550277.550.85%64932615.002350000470.00
10/20/2021WBIYSGU85512C105STAR GROUP L P52,25210.610000554393.720.85%64932615.002350000470.00
10/20/2021WBIYHESM428103105HESS MIDSTREAM LP20,61726.710000550680.070.85%64932615.002350000470.00
10/20/2021WBIYPETS716382106PETMED EXPRESS INC20,32327.240000553598.520.85%64932615.002350000470.00
10/20/2021WBIYCATO149205106CATO CORP NEW32,98316.550000545868.650.84%64932615.002350000470.00
10/20/2021WBIYUVV913456109UNIVERSAL CORP VA11,25548.470000545529.850.84%64932615.002350000470.00
10/20/2021WBIYVGR92240M108VECTOR GROUP LTD39,80013.460000535708.000.83%64932615.002350000470.00
10/20/2021WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC15,10935.510000536520.590.83%64932615.002350000470.00
10/20/2021WBIYSXC86722A103SUNCOKE ENERGY INC79,1946.780000536935.320.83%64932615.002350000470.00
10/20/2021WBIYCWEN18539C204CLEARWAY ENERGY INC16,72531.820000532189.500.82%64932615.002350000470.00
10/20/2021WBIYFNLC31866P102FIRST BANCORP INC ME15,15029.600000448440.000.69%64932615.002350000470.00
10/20/2021WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A9,30548.080000447384.400.69%64932615.002350000470.00
10/20/2021WBIYMCY589400100MERCURY GENL CORP NEW8,01754.860000439812.620.68%64932615.002350000470.00
10/20/2021WBIYACNB000868109ACNB CORP16,08227.590000443702.380.68%64932615.002350000470.00
10/20/2021WBIYUVE91359V107UNIVERSAL INS HLDGS INC32,62513.440000438480.000.68%64932615.002350000470.00
10/20/2021WBIYATLO031001100AMES NATL CORP18,86823.550000444341.400.68%64932615.002350000470.00
10/20/2021WBIYFFBC320209109FIRST FINL BANCORP OH18,71723.560000440972.520.68%64932615.002350000470.00
10/20/2021WBIYSAFT78648T100SAFETY INS GROUP INC5,53378.920000436664.360.67%64932615.002350000470.00
10/20/2021WBIYFULT360271100FULTON FINL CORP PA27,36116.000000437776.000.67%64932615.002350000470.00
Premium/Discount
Download Premium/Discount
Fund Information
As of: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$20.70
$0.07
0.29%
Fund Goals

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

Prices
As of: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,400,000
28.98
$20.68
862
-0.11%
0.89%
Performance Month 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%
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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield
0.49%

WBIT Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
ISHARES TR RUSSELL 3000 ETF
VANGUARD INDEX FDS TOTAL STK MKT
SCHWAB STRATEGIC TR US BRD MKT ETF
Cash & Other
35.20%
35.19%
28.87%
0.73%
38,389
44,034
77,267
213,405
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBITIWV464287689ISHARES TR RUSSELL 3000 ETF38,389267.62000010273664.1835.20%29186500.001400000560.00
10/20/2021WBITVTI922908769VANGUARD INDEX FDS TOTAL STK MKT44,034233.26000010271370.8435.19%29186500.001400000560.00
10/20/2021WBITSCHB808524102SCHWAB STRATEGIC TR US BRD MKT ETF77,267109.0700008427511.6928.87%29186500.001400000560.00
10/20/2021WBITCash&OtherCash&OtherCash & Other213,4051.000000213405.070.73%29186500.00140000056Y
Premium/Discount
Download Premium/Discount
Fund Information
As of: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.79
- $0.01
0.20%
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: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,150,000
53.30
$24.74
3,379
-0.22%
1.22%
Performance Month 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%
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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield
3.29%
WBII Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
VANECK ETF TRUST FALLEN ANGEL HG
ISHARES TR BROAD USD HIGH
ISHARES TR PFD AND INCM SEC
SPDR SER TR BLOOMBERG SRT TR
ISHARES TR 0-5YR HI YL CP
PIMCO ETF TR 1-5 US TIP IDX
ISHARES BARCLAYS TIPS BOND FUND
Cash & Other
42.48%
20.44%
14.89%
5.61%
5.33%
4.99%
4.95%
1.30%
687,752
263,547
203,753
109,395
62,287
48,473
20,629
693,295
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBIIANGL92189F437VANECK ETF TRUST FALLEN ANGEL HG687,75232.93000022647673.3642.48%53308390.002150000430.00
10/20/2021WBIIUSHY46435U853ISHARES TR BROAD USD HIGH263,54741.35000010897668.4520.44%53308390.002150000430.00
10/20/2021WBIIPFF464288687ISHARES TR PFD AND INCM SEC203,75338.9650007939235.6514.89%53308390.002150000430.00
10/20/2021WBIISJNK78468R408SPDR SER TR BLOOMBERG SRT TR109,39527.3300002989765.355.61%53308390.002150000430.00
10/20/2021WBIISHYG46434V407ISHARES TR 0-5YR HI YL CP62,28745.5900002839664.335.33%53308390.002150000430.00
10/20/2021WBIISTPZ72201R205PIMCO ETF TR 1-5 US TIP IDX48,47354.8600002659228.784.99%53308390.002150000430.00
10/20/2021WBIITIP464287176ISHARES BARCLAYS TIPS BOND FUND20,629127.9800002640099.424.95%53308390.002150000430.00
10/20/2021WBIICash&OtherCash&OtherCash & Other693,2951.000000693294.671.30%53308390.00215000043Y
Premium/Discount
Download Premium/Discount
Fund Information
As of: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$30.69
- $0.01
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: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,638,315
50.28
$30.69
1,376
0.00%
1.25%
Performance Month 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%
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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield
0.91%
WBIF Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
SYNOVUS FINL CORP
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
NETAPP INC
AMERISOURCEBERGEN CORP
FS KKR CAP CORP COM
METLIFE INC
US BANCORP DEL
NORTHROP GRUMMAN CORP
WASTE MGMT INC DEL
WALMART INC
5.00%
4.68%
4.66%
4.60%
4.43%
4.41%
4.36%
4.26%
4.20%
4.19%
52,879
48,190
26,059
19,501
98,269
34,096
36,094
5,410
13,412
14,682
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBIFSNV87161C501SYNOVUS FINL CORP52,87948.0000002538192.005.00%50756964.681638315320.00
10/20/2021WBIFFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM48,19049.3400002377694.604.68%50756964.681638315320.00
10/20/2021WBIFNTAP64110D104NETAPP INC26,05990.8100002366417.794.66%50756964.681638315320.00
10/20/2021WBIFABC03073E105AMERISOURCEBERGEN CORP19,501119.8400002336999.844.60%50756964.681638315320.00
10/20/2021WBIFFSK302635206FS KKR CAP CORP COM98,26922.8700002247412.034.43%50756964.681638315320.00
10/20/2021WBIFMET59156R108METLIFE INC34,09665.6900002239766.244.41%50756964.681638315320.00
10/20/2021WBIFUSB902973304US BANCORP DEL36,09461.3500002214366.904.36%50756964.681638315320.00
10/20/2021WBIFNOC666807102NORTHROP GRUMMAN CORP5,410399.3000002160213.004.26%50756964.681638315320.00
10/20/2021WBIFWM94106L109WASTE MGMT INC DEL13,412158.8400002130362.084.20%50756964.681638315320.00
10/20/2021WBIFWMT931142103WALMART INC14,682144.6900002124338.584.19%50756964.681638315320.00
10/20/2021WBIFTSN902494103TYSON FOODS INC26,47180.1000002120327.104.18%50756964.681638315320.00
10/20/2021WBIFWLK960413102WESTLAKE CHEM CORP20,958100.7000002110470.604.16%50756964.681638315320.00
10/20/2021WBIFPEP713448108PEPSICO INC13,115160.1000002099711.504.14%50756964.681638315320.00
10/20/2021WBIFPH701094104PARKER-HANNIFIN CORP7,053296.2400002089380.724.12%50756964.681638315320.00
10/20/2021WBIFADM039483102ARCHER DANIELS MIDLAND CO31,55264.5400002036366.084.01%50756964.681638315320.00
10/20/2021WBIFCOF14040H105CAPITAL ONE FINL CORP11,936169.7900002026613.443.99%50756964.681638315320.00
10/20/2021WBIFGIS370334104GENERAL MLS INC31,82261.6900001963099.183.87%50756964.681638315320.00
10/20/2021WBIFLMT539830109LOCKHEED MARTIN CORP5,239371.0700001944035.733.83%50756964.681638315320.00
10/20/2021WBIFMSFT594918104MICROSOFT CORP5,061308.2300001559952.033.07%50756964.681638315320.00
10/20/2021WBIFSBUX855244109STARBUCKS CORP13,260113.4900001504877.402.96%50756964.681638315320.00
10/20/2021WBIFNFLX64110L106NETFLIX INC2,199639.0000001405161.002.77%50756964.681638315320.00
10/20/2021WBIFAVGO11135F101BROADCOM INC2,685510.3900001370397.152.70%50756964.681638315320.00
10/20/2021WBIFVLO91913Y100VALERO ENERGY CORP12,79680.1500001025599.402.02%50756964.681638315320.00
10/20/2021WBIFFANG25278X109DIAMONDBACK ENERGY INC9,207110.9400001021424.582.01%50756964.681638315320.00
10/20/2021WBIFDVN25179M103DEVON ENERGY CORP NEW24,53040.300000988559.001.95%50756964.681638315320.00
10/20/2021WBIFCTRA127097103COTERRA ENERGY INC41,93620.860000874784.961.72%50756964.681638315320.00
10/20/2021WBIFKEY493267108KEYCORP36,71623.200000851811.201.68%50756964.681638315320.00
10/20/2021WBIFHIG416515104HARTFORD FINL SVCS GROUP INC COM8,04972.340000582264.661.15%50756964.681638315320.00
10/20/2021WBIFCash&OtherCash&OtherCash & Other444,6351.000000444635.050.88%50756964.68163831532Y
Premium/Discount
Download Premium/Discount
Fund Information
As of: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$26.80
- $0.02
0.26%
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: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,730,183
46.38
$26.81
1,741
0.02%

1.14%

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

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield
1.54%
WBIG Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
KINDER MORGAN INC DEL
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
TRUIST FINANCIAL CORP
GENERAL DYNAMICS CORP
PHILIP MORRIS INTL INC
INGREDION INC
AMERISOURCEBERGEN CORP
US BANCORP DEL
NORTHROP GRUMMAN CORP
LOWES COS INC
5.02%
4.70%
4.65%
4.63%
4.49%
4.34%
4.29%
4.26%
4.24%
4.22%
127,010
44,471
34,673
10,370
21,892
20,838
16,724
32,422
4,955
8,842
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBIGKMI49456B101KINDER MORGAN INC DEL127,01018.4500002343334.505.02%46694697.861730183340.00
10/20/2021WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM44,47149.3400002194199.144.70%46694697.861730183340.00
10/20/2021WBIGTFC89832Q109TRUIST FINANCIAL CORP34,67362.5700002169489.614.65%46694697.861730183340.00
10/20/2021WBIGGD369550108GENERAL DYNAMICS CORP10,370208.6200002163389.404.63%46694697.861730183340.00
10/20/2021WBIGPM718172109PHILIP MORRIS INTL INC21,89295.7900002097034.684.49%46694697.861730183340.00
10/20/2021WBIGINGR457187102INGREDION INC20,83897.2100002025661.984.34%46694697.861730183340.00
10/20/2021WBIGABC03073E105AMERISOURCEBERGEN CORP16,724119.8400002004204.164.29%46694697.861730183340.00
10/20/2021WBIGUSB902973304US BANCORP DEL32,42261.3500001989089.704.26%46694697.861730183340.00
10/20/2021WBIGNOC666807102NORTHROP GRUMMAN CORP4,955399.3000001978531.504.24%46694697.861730183340.00
10/20/2021WBIGLOW548661107LOWES COS INC8,842222.9100001970970.224.22%46694697.861730183340.00
10/20/2021WBIGHIG416515104HARTFORD FINL SVCS GROUP INC COM26,79072.3400001937988.604.15%46694697.861730183340.00
10/20/2021WBIGPNC693475105PNC FINL SVCS GROUP INC9,329206.8300001929517.074.13%46694697.861730183340.00
10/20/2021WBIGADM039483102ARCHER DANIELS MIDLAND CO29,75164.5400001920129.544.11%46694697.861730183340.00
10/20/2021WBIGGPC372460105GENUINE PARTS CO14,971127.7900001913144.094.10%46694697.861730183340.00
10/20/2021WBIGTSN902494103TYSON FOODS INC23,77880.1000001904617.804.08%46694697.861730183340.00
10/20/2021WBIGIRM46284V101IRON MTN INC NEW35,11544.9500001578419.253.38%46694697.861730183340.00
10/20/2021WBIGEOG26875P101EOG RES INC17,01690.1600001534162.563.29%46694697.861730183340.00
10/20/2021WBIGAVGO11135F101BROADCOM INC2,864510.3900001461756.963.13%46694697.861730183340.00
10/20/2021WBIGALL020002101ALLSTATE CORP10,690126.5000001352285.002.90%46694697.861730183340.00
10/20/2021WBIGGIS370334104GENERAL MLS INC20,82661.6900001284755.942.75%46694697.861730183340.00
10/20/2021WBIGREG3223R108EVEREST RE GROUP LTD4,622276.6400001278630.082.74%46694697.861730183340.00
10/20/2021WBIGFSK302635206FS KKR CAP CORP COM55,64722.8700001272646.892.73%46694697.861730183340.00
10/20/2021WBIGBKR05722G100BAKER HUGHES COMPANY38,15626.8700001025251.722.20%46694697.861730183340.00
10/20/2021WBIGMSFT594918104MICROSOFT CORP3,037308.230000936094.512.00%46694697.861730183340.00
10/20/2021WBIGFANG25278X109DIAMONDBACK ENERGY INC8,421110.940000934225.742.00%46694697.861730183340.00
10/20/2021WBIGGOOGL02079K305ALPHABET INC3222864.740000922446.281.98%46694697.861730183340.00
10/20/2021WBIGSHW824348106SHERWIN WILLIAMS CO2,979298.280000888576.121.90%46694697.861730183340.00
10/20/2021WBIGCash&OtherCash&OtherCash & Other882,5781.000000882578.051.89%46694697.86173018334Y
10/20/2021WBIGCTRA127097103COTERRA ENERGY INC38,35520.860000800085.301.71%46694697.861730183340.00
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Fund Information
As of: 10/18/2021
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$30.64
$0.03
0.24%
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: 10/18/2021
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,427,182
43.72
$30.60
1,430
-0.13%
1.23%
Performance Month 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%
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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2021
30-Day SEC Yield
0.40%
WBIL Top Holdings
As of: 10/20/2021
Security Name Weightings Shares
EOG RES INC
MARSH & MCLENNAN COS INC
EVERCORE INC
LOUISIANA PAC CORP
HOME DEPOT INC
US BANCORP DEL
SHERWIN WILLIAMS CO
PAYCHEX INC
CINCINNATI FINL CORP
NORTHROP GRUMMAN CORP
5.40%
4.79%
4.79%
4.64%
4.34%
4.31%
4.24%
4.23%
4.23%
4.20%
26,343
12,796
13,284
31,863
5,340
30,941
6,252
15,296
15,810
4,628
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/20/2021WBILEOG26875P101EOG RES INC26,34390.1600002375084.885.40%44008869.591427182280.00
10/20/2021WBILMMC571748102MARSH & MCLENNAN COS INC12,796164.6600002106989.364.79%44008869.591427182280.00
10/20/2021WBILEVR29977A105EVERCORE INC13,284158.7700002109100.684.79%44008869.591427182280.00
10/20/2021WBILLPX546347105LOUISIANA PAC CORP31,86364.1100002042736.934.64%44008869.591427182280.00
10/20/2021WBILHD437076102HOME DEPOT INC5,340357.9900001911666.604.34%44008869.591427182280.00
10/20/2021WBILUSB902973304US BANCORP DEL30,94161.3500001898230.354.31%44008869.591427182280.00
10/20/2021WBILSHW824348106SHERWIN WILLIAMS CO6,252298.2800001864846.564.24%44008869.591427182280.00
10/20/2021WBILPAYX704326107PAYCHEX INC15,296121.8100001863205.764.23%44008869.591427182280.00
10/20/2021WBILCINF172062101CINCINNATI FINL CORP15,810117.8200001862734.204.23%44008869.591427182280.00
10/20/2021WBILNOC666807102NORTHROP GRUMMAN CORP4,628399.3000001847960.404.20%44008869.591427182280.00
10/20/2021WBILTSN902494103TYSON FOODS INC22,69280.1000001817629.204.13%44008869.591427182280.00
10/20/2021WBILHIG416515104HARTFORD FINL SVCS GROUP INC COM25,07372.3400001813780.824.12%44008869.591427182280.00
10/20/2021WBILTXN882508104TEXAS INSTRS INC9,151198.2300001814002.734.12%44008869.591427182280.00
10/20/2021WBILADP053015103AUTOMATIC DATA PROCESSING INC COM8,344213.9800001785449.124.06%44008869.591427182280.00
10/20/2021WBILTFC89832Q109TRUIST FINANCIAL CORP28,28762.5700001769917.594.02%44008869.591427182280.00
10/20/2021WBILORCL68389X105ORACLE CORP18,17797.0600001764259.624.01%44008869.591427182280.00
10/20/2021WBILABBV00287Y109ABBVIE INC16,024107.4500001721778.803.91%44008869.591427182280.00
10/20/2021WBILKMI49456B101KINDER MORGAN INC DEL73,98118.4500001364949.453.10%44008869.591427182280.00
10/20/2021WBILMSFT594918104MICROSOFT CORP4,335308.2300001336177.053.04%44008869.591427182280.00
10/20/2021WBILIRM46284V101IRON MTN INC NEW27,07844.9500001217156.102.77%44008869.591427182280.00
10/20/2021WBILNFLX64110L106NETFLIX INC1,884639.0000001203876.002.74%44008869.591427182280.00
10/20/2021WBILKEY493267108KEYCORP38,07423.200000883316.802.01%44008869.591427182280.00
10/20/2021WBILFANG25278X109DIAMONDBACK ENERGY INC7,888110.940000875094.721.99%44008869.591427182280.00
10/20/2021WBILCOP20825C104CONOCOPHILLIPS11,54375.320000869418.761.98%44008869.591427182280.00
10/20/2021WBILNTAP64110D104NETAPP INC9,36990.810000850798.891.93%44008869.591427182280.00
10/20/2021WBILDVN25179M103DEVON ENERGY CORP NEW21,01540.300000846904.501.92%44008869.591427182280.00
10/20/2021WBILCTRA127097103COTERRA ENERGY INC35,92620.860000749416.361.70%44008869.591427182280.00
10/20/2021WBILGIS370334104GENERAL MLS INC8,62061.690000531767.801.21%44008869.591427182280.00
10/20/2021WBILCash&OtherCash&OtherCash & Other479,0791.000000479078.821.09%44008869.59142718228Y
10/20/2021WBILHLI441593100HOULIHAN LOKEY INC4,107104.710000430043.970.98%44008869.591427182280.00
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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.