Asset allocation
Distribution
| Type | % Net assets | % Short | % Long |
|---|---|---|---|
| US stock | 59.95% | 0.00% | 59.95% |
| US bond | 17.46% | 0.00% | 17.46% |
| Non-US bond | 2.28% | 0.00% | 2.28% |
| Cash | 0.30% | 0.00% | 0.30% |
| Non-US stock | 0.06% | 0.00% | 0.06% |
| Other | 19.95% | 0.00% | 19.95% |
As of Jun 30 2025
Weightings
Sectors
- Sectors
- Regions
| Sector | % Net assets | Category average |
|---|---|---|
| Energy | 20.17% | 3.46% |
| Real Estate | 19.84% | 2.55% |
| Financial Services | 8.42% | 15.54% |
| Utilities | 3.85% | 2.36% |
| Consumer Defensive | 2.93% | 5.52% |
| Consumer Cyclical | 2.01% | 9.26% |
| Healthcare | 1.25% | 9.87% |
| Communication Services | 0.81% | 7.09% |
| Industrials | 0.41% | 10.68% |
| Other | 0.32% | 33.67% |
As of Jun 30 2025. Sectors weighting is calculated using only long position holdings of the portfolio.
Top 10 holdings
| Top 10 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 14.05% | 32.33% | 0.00% | 32.33% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| First Trust Tactical High Yield ETF HYLS:NMQ:USD | +1.63% | 20.06% | |
| Mach Natural Resources LP MNR:NYQ | -25.49% | 1.72% | |
| MFA Financial Inc MFA:NYQ | -19.30% | 1.61% | |
| Icahn Enterprises LP IEP:NSQ | -47.05% | 1.54% | |
| Rayonier Inc RYN:NYQ | -20.51% | 1.40% | |
| Kimbell Royalty Partners LP KRP:NYQ | -14.11% | 1.35% | |
| TXO Partners LP TXO:NYQ | -29.56% | 1.31% | |
| Ladder Capital Corp LADR:NYQ | -9.02% | 1.13% | |
| Rithm Capital Corp RITM:NYQ | +3.20% | 1.13% | |
| Apple Hospitality REIT Inc APLE:NYQ | -16.96% | 1.08% | |
| Per cent of portfolio in top 10 holdings: 32.33% |
