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: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$23.34
- $0.30
0.31%
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: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
2,850,000
66.52
$23.37
2,941
0.10%
0.70% / 0.98%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-2.36%
3.13%
-2.59%
0.15%
10.36%
6.32%
Market
-2.37%
3.50%
-2.44%
0.31%
10.48%
6.36%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-11.49
-8.84
-5.54
-1.40
6.83
5.93
Market
-11.65
-9.11
-5.74
-1.72
6.85
5.90

Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. 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: 8/31/2022
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
5.05%
4.81%

WBIY Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
DEVON ENERGY CORP NEW
PHILLIPS 66
DOW INC
KOHLS CORP
LYONDELLBASELL INDUSTRIES N V SHS - A -
ONEOK INC NEW
WALGREENS BOOTS ALLIANCE INC COM
BEST BUY INC
PRUDENTIAL FINL INC
VERIZON COMMUNICATIONS INC
6.00%
5.44%
4.85%
4.69%
4.69%
4.68%
4.35%
4.33%
4.17%
4.12%
66,364
44,815
73,475
124,118
41,452
60,779
92,152
45,498
32,362
72,242
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBIYDVN25179M103DEVON ENERGY CORP NEW66,36460.1300003990467.326.00%66522420.002850000570.00
10/03/2022WBIYPSX718546104PHILLIPS 6644,81580.7200003617466.805.44%66522420.002850000570.00
10/03/2022WBIYDOW260557103DOW INC73,47543.9300003227756.754.85%66522420.002850000570.00
10/03/2022WBIYKSS500255104KOHLS CORP124,11825.1500003121567.704.69%66522420.002850000570.00
10/03/2022WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -41,45275.2800003120506.564.69%66522420.002850000570.00
10/03/2022WBIYOKE682680103ONEOK INC NEW60,77951.2400003114315.964.68%66522420.002850000570.00
10/03/2022WBIYWBA931427108WALGREENS BOOTS ALLIANCE INC COM92,15231.4000002893572.804.35%66522420.002850000570.00
10/03/2022WBIYBBY086516101BEST BUY INC45,49863.3400002881843.324.33%66522420.002850000570.00
10/03/2022WBIYPRU744320102PRUDENTIAL FINL INC32,36285.7800002776012.364.17%66522420.002850000570.00
10/03/2022WBIYVZ92343V104VERIZON COMMUNICATIONS INC72,24237.9700002743028.744.12%66522420.002850000570.00
10/03/2022WBIYFL344849104FOOT LOCKER INC78,28131.1300002436887.533.66%66522420.002850000570.00
10/03/2022WBIYLUMN550241103LUMEN TECHNOLOGIES INC303,1727.2800002207092.163.32%66522420.002850000570.00
10/03/2022WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM17,903118.8100002127055.433.20%66522420.002850000570.00
10/03/2022WBIYCFG174610105CITIZENS FINL GROUP INC59,50134.3600002044454.363.07%66522420.002850000570.00
10/03/2022WBIYNYCB649445103NEW YORK CMNTY BANCORP INC156,3328.5300001333511.962.00%66522420.002850000570.00
10/03/2022WBIYHBI410345102HANESBRANDS INC167,7156.9600001167296.401.75%66522420.002850000570.00
10/03/2022WBIYCBRL22410J106CRACKER BARREL OLD CTRY STORE COM12,39692.5800001147621.681.73%66522420.002850000570.00
10/03/2022WBIYGILD375558103GILEAD SCIENCES INC18,55061.6900001144349.501.72%66522420.002850000570.00
10/03/2022WBIYOMC681919106OMNICOM GROUP INC16,99363.0900001072088.371.61%66522420.002850000570.00
10/03/2022WBIYWU959802109WESTERN UN CO73,79413.500000996219.001.50%66522420.002850000570.00
10/03/2022WBIYMMM88579Y1013M CO8,875110.500000980687.501.47%66522420.002850000570.00
10/03/2022WBIYIGTG4863A108INTERNATIONAL GAME TECHNOLOGY SHS USD59,80415.800000944903.201.42%66522420.002850000570.00
10/03/2022WBIYLEG524660107LEGGETT & PLATT INC28,42633.220000944311.721.42%66522420.002850000570.00
10/03/2022WBIYFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM25,23536.200000913507.001.37%66522420.002850000570.00
10/03/2022WBIYWHR963320106WHIRLPOOL CORP6,742134.810000908889.021.37%66522420.002850000570.00
10/03/2022WBIYCash&OtherCash&OtherCash & Other894,8441.000000894843.551.35%66522420.00285000057Y
10/03/2022WBIYKHC500754106KRAFT HEINZ CO26,58833.350000886709.801.33%66522420.002850000570.00
10/03/2022WBIYPFG74251V102PRINCIPAL FINANCIAL GROUP INC COM12,10772.150000873520.051.31%66522420.002850000570.00
10/03/2022WBIYPAGP72651A207PLAINS GP HLDGS L P76,59110.910000835607.811.26%66522420.002850000570.00
10/03/2022WBIYBEN354613101FRANKLIN RESOURCES INC38,51121.520000828756.721.25%66522420.002850000570.00
10/03/2022WBIYIP460146103INTERNATIONAL PAPER CO25,53931.700000809586.301.22%66522420.002850000570.00
10/03/2022WBIYC172967424CITIGROUP INC19,06941.670000794605.231.19%66522420.002850000570.00
10/03/2022WBIYORI680223104OLD REP INTL CORP37,56820.930000786298.241.18%66522420.002850000570.00
10/03/2022WBIYIVZG491BT108INVESCO LTD57,00913.700000781023.301.17%66522420.002850000570.00
10/03/2022WBIYEGLEY2187A150EAGLE BULK SHIPPING INC15,39143.180000664583.381.00%66522420.002850000570.00
10/03/2022WBIYASB045487105ASSOCIATED BANC CORP30,87220.080000619909.760.93%66522420.002850000570.00
10/03/2022WBIYFNB302520101F N B CORP50,77511.600000588990.000.89%66522420.002850000570.00
10/03/2022WBIYCWEN18539C204CLEARWAY ENERGY INC18,39431.850000585848.900.88%66522420.002850000570.00
10/03/2022WBIYGNKY2685T131GENCO SHIPPING & TRADING LTD SHS39,46012.530000494433.800.74%66522420.002850000570.00
10/03/2022WBIYUMPQ904214103UMPQUA HLDGS CORP28,31317.090000483869.170.73%66522420.002850000570.00
10/03/2022WBIYNAVI63938C108NAVIENT CORPORATION31,29914.690000459782.310.69%66522420.002850000570.00
10/03/2022WBIYKTB50050N103KONTOOR BRANDS INC13,58933.610000456726.290.69%66522420.002850000570.00
10/03/2022WBIYHESM428103105HESS MIDSTREAM LP17,00025.520000433840.000.65%66522420.002850000570.00
10/03/2022WBIYRCII76009N100RENT A CTR INC NEW23,92917.170000410860.930.62%66522420.002850000578135.86
10/03/2022WBIYMC60786M105MOELIS & CO11,36933.810000384385.890.58%66522420.002850000570.00
10/03/2022WBIYTDS879433829TELEPHONE & DATA SYS INC27,53313.900000382708.700.58%66522420.002850000570.00
10/03/2022WBIYFRG35180X105FRANCHISE GROUP INC13,72724.300000333566.100.50%66522420.002850000570.00
10/03/2022WBIYPPBI69478X105PACIFIC PREMIER BANCORP7,76430.960000240373.440.36%66522420.002850000570.00
10/03/2022WBIYHOPE43940T109HOPE BANCORP INC18,71812.640000236595.520.36%66522420.002850000570.00
10/03/2022WBIYWSBC950810101WESBANCO INC6,93533.370000231420.950.35%66522420.002850000570.00
10/03/2022WBIYFFBC320209109FIRST FINL BANCORP OH7,50821.080000158268.640.24%66522420.002850000570.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$18.12
$0.00
0.33%
Fund Goals

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

Prices
 As of: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
375,000
6.80
$18.12
1,865
-0.01%
0.88%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
-1.39%
2.24%
-13.01%
-10.08%
-0.61%
1.27%
Market
-1.32%
2.15%
-13.02%
-10.07%
-0.58%
1.25%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
-5.20
-16.84
-14.92
-9.66
-0.50
0.61
Market
-4.79
-16.92
-14.85
-9.53
-0.52
0.62

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: 8/31/2022
30-Day SEC Yield
2.86%

WBIT Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
Cash & Other
100.02%
4,984,263
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBITCash&OtherCash&OtherCash & Other4,984,2631.0000004984263.18100.02%4983302.5027500011Y
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$20.75
$0.00
0.24%
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: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
350,000
7.26
$20.74
64
-0.08%
1.45%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.16%
-1.13%
-14.32%
-13.68%
-3.47%
-0.68
0.45%
Market
-3.09%
-1.07%
-14.28%
-13.55%
-3.42%
-0.67
0.46%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-2.80
-5.65
-13.34
-12.07
-2.25
-0.15
0.61
Market
-2.71
-5.47
-13.36
-11.93
-2.20
-0.18
0.61

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: 8/31/2022
30-Day SEC Yield
2.56%
WBII Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
Cash & Other
100.04%
7,265,979
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBIICash&OtherCash&OtherCash & Other7,265,9791.0000007265978.88100.04%7263130.003500007Y
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$28.33
$0.00
0.34%
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: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,438,315
40.74
$28.30
320
-0.12%
1.25% / 1.36%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-1.65%
-1.10%
-5.19%
-7.97%
3.93%
3.15
2.89%
Market
-1.63%
-0.92%
-4.88%
-8.00%
3.93%
3.14
2.88%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.82
-6.95
-4.13
-5.62
3.89
3.45
3.10
Market
-3.86
-7.20
-3.99
-5.88
3.84
3.34
3.07

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: 8/31/2022
30-Day SEC Yield
0.45%
WBIF Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
Cash & Other
NIELSEN HLDGS PLC
DEVON ENERGY CORP NEW
HUMANA INC
EXXON MOBIL CORP
KINSALE CAP GROUP INC
84.92%
4.81%
4.54%
3.80%
1.19%
0.63%
35,801,543
73,119
31,807
3,300
5,754
1,035
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBIFCash&OtherCash&OtherCash & Other35,801,5431.00000035801542.9884.92%42161136.15148831529Y
10/03/2022WBIFNLSNG6518L108NIELSEN HLDGS PLC73,11927.7200002026858.684.81%42161136.151488315290.00
10/03/2022WBIFDVN25179M103DEVON ENERGY CORP NEW31,80760.1300001912554.914.54%42161136.151488315290.00
10/03/2022WBIFHUM444859102HUMANA INC3,300485.1900001601127.003.80%42161136.151488315290.00
10/03/2022WBIFXOM30231G102EXXON MOBIL CORP5,75487.310000502381.741.19%42161136.151488315290.00
10/03/2022WBIFKNSL49714P108KINSALE CAP GROUP INC1,035255.420000264359.700.63%42161136.151488315290.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$24.80
- $0.02
0.24%
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: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
2,580,183
63.98
$24.80
6,381
0.02%
1.25% / 1.27%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-2.42%
-0.77%
-2.97%
-3.26%
4.29%
3.81
1.75%
Market
-2.53%
-0.57%
-2.73%
-3.19%
4.40%
3.83
1.76%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-3.93
-7.33
-2.22
-0.73
4.23
4.14
1.89
Market
-4.06
-7.57
-2.18
-0.86
4.27
4.07
1.87

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: 8/31/2022
30-Day SEC Yield
0.73%
WBIG Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
Cash & Other
CONAGRA BRANDS INC
DEVON ENERGY CORP NEW
EXXON MOBIL CORP
HUMANA INC
85.85%
4.55%
4.51%
4.03%
0.94%
57,051,169
92,724
49,898
30,695
1,294
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBIGCash&OtherCash&OtherCash & Other57,051,1691.00000057051169.2285.85%66455673.52268018353Y
10/03/2022WBIGCAG205887102CONAGRA BRANDS INC92,72432.6300003025584.124.55%66455673.522680183530.00
10/03/2022WBIGDVN25179M103DEVON ENERGY CORP NEW49,89860.1300003000366.744.51%66455673.522680183530.00
10/03/2022WBIGXOM30231G102EXXON MOBIL CORP30,69587.3100002679980.454.03%66455673.522680183530.00
10/03/2022WBIGHUM444859102HUMANA INC1,294485.190000627835.860.94%66455673.522680183530.00
Premium/Discount
Download Premium/Discount
Fund Information
 As of: 09/30/2022
NAV Daily Change Median 30 Day Spread Percentage Fact Sheet
$27.51
- $0.03
0.21%
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: 09/30/2022
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net*/Gross Expense Ratio
1,477,182
40.63
$27.50
984
-0.04%
1.25% / 1.31%
Performance Month End
 As of: 08/31/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-2.80%
-0.84%
-7.90%
-8.71%
2.87%
3.30
2.37%
Market
-2.72%
-0.62%
-7.83%
-8.64%
2.93%
3.33
2.38%
Performance Quarter End
 As of: 06/30/2022
Name MTD QTD YTD 1 Year 3 Year 5 Year Since Inception 8/25/2014
NAV
-2.48
-7.22
-7.12
-4.58
2.76
3.49
2.53
Market
-2.57
-7.53
-7.25
-4.76
2.74
3.41
2.51

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: 8/31/2022
30-Day SEC Yield
0.35%
WBIL Top Holdings
 As of: 10/03/2022
Security Name Weightings Shares
Cash & Other
CONAGRA BRANDS INC
HUMANA INC
CSX CORP
NIELSEN HLDGS PLC
GENERAL MLS INC
DEVON ENERGY CORP NEW
80.84%
4.08%
3.81%
3.80%
3.38%
2.03%
1.91%
33,957,742
52,568
3,296
59,986
51,198
11,136
13,375
Download Holdings
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/03/2022WBILCash&OtherCash&OtherCash & Other33,957,7421.00000033957741.7480.84%42008195.27152718230Y
10/03/2022WBILCAG205887102CONAGRA BRANDS INC52,56832.6300001715293.844.08%42008195.271527182300.00
10/03/2022WBILHUM444859102HUMANA INC3,296485.1900001599186.243.81%42008195.271527182300.00
10/03/2022WBILCSX126408103CSX CORP59,98626.6400001598027.043.80%42008195.271527182300.00
10/03/2022WBILNLSNG6518L108NIELSEN HLDGS PLC51,19827.7200001419208.563.38%42008195.271527182300.00
10/03/2022WBILGIS370334104GENERAL MLS INC11,13676.610000853128.962.03%42008195.271527182300.00
10/03/2022WBILDVN25179M103DEVON ENERGY CORP NEW13,37560.130000804238.751.91%42008195.271527182300.00
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.