OUSM
O’Shares U.S. Small Cap Quality Dividend ETF
Why OUSM for Small Cap Quality Dividends?
Fund Investment Objective
The Fund seeks to track the performance (before fees and expenses) of its target index, the O’Shares U.S. Small-Cap Quality Dividend Index (the “Target Index”).
The Target Index is designed to reflect the performance of publicly-listed small-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by O’Shares Investment Advisers, LLC (the “Index Provider”). The quality and low volatility factors are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.
Fund & Market Data
| Profile | |
|---|---|
| Symbol | OUSM |
| Listing Exchange | Cboe |
| Inception Date | 12/30/2016 |
| CUSIP | 67110P100 |
| Target Index Provider | O'Shares |
| Target Index Symbol | OUSMX |
| Expense Ratio | 0.48% |
30 Day SEC Yield  | 1.85% (as of 1/31/2021) |
| Market Data as of | 03/01/2021 |
|---|---|
| NAV Price | $33.05 |
| NAV Price Change | $0.70 |
| Market Price | $33.03 |
| Market Price Change | $0.61 |
| 30 Day Median Bid/Ask Spread | 0.12% (as of 03/01/2021) |
| Premium/Discount | -0.06% (as of 03/01/2021) |
| Shares Outstanding | 4,054,000.00 |
| Volume | 24,723 |
| Total Net Assets | $133,990,364.74 |
Please note that effective June 1, 2020 the target index for OUSM was changed from FTSE USA Small Cap ex Real Estate 2Qual/Vol/Yield 3% Capped Factor Index to O’Shares U.S. Small-Cap Quality Dividend Index. The new index provides greater emphasis on our principles of Quality. Information beginning June 1, 2020, including yield and holdings data, reflect the index change.
There are risks involved with investing, including possible loss of principal. Concentration in a particular industry or sector will subject the Funds to loss due to adverse occurrences that may affect that industry or sector. The Fund may use derivatives which may involve risks different from, or greater than, those associated with more traditional investments. The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities. See the prospectus for specific risks regarding the Fund.
PERFORMANCE
MONTHLY PERFORMANCE (AS OF 1/31/2021)
| QTD | YTD | 1 YR | 3 YR | SI | |
|---|---|---|---|---|---|
| NAV | -0.95% | -0.95% | 8.95% | 6.56% | 7.58% |
| Market Value | -1.02% | -1.02% | 8.95% | 6.56% | 7.58% |
QUARTERLY PERFORMANCE (AS OF 12/31/2020)
| QTD | YTD | 1 YR | 3 YR | SI | |
|---|---|---|---|---|---|
| NAV | 19.32% | 7.59% | 7.59% | 7.20% | 8.01% |
| Market Value | 19.48% | 7.66% | 7.66% | 7.21% | 8.02% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns beyond 1 year are annualized.
Shares of the Funds are not individually redeemable and the owners of Shares may purchase or redeem Shares from each Fund in Creation Units only. The purchase and sale price of individual Shares trading on an Exchange may be below, at or above the most recently calculated NAV for such Shares.
Market Price returns are generally based on market value at 4:00PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.
HOLDINGS
| Name (As of 03/01/2021) | Ticker | Sector | Fund Weight | Quantity | CUSIP/ISIN |
|---|---|---|---|---|---|
| Interpublic Group of Cos Inc/T | IPG US | Communication Services | 2.604% | 130,115.00 | 460690100 |
| Dolby Laboratories Inc | DLB US | Information Technology | 2.558% | 34,031.00 | 25659T107 |
| Robert Half International Inc | RHI US | Industrials | 2.553% | 43,235.00 | 770323103 |
| Bio-Techne Corp | TECH US | Health Care | 2.490% | 8,948.00 | 09073M104 |
| Snap-on Inc | SNA US | Industrials | 2.327% | 14,923.00 | 833034101 |
| MSC Industrial Direct Co Inc | MSM US | Industrials | 2.310% | 34,924.00 | 553530106 |
| Gentex Corp | GNTX US | Consumer Discretionary | 2.256% | 83,661.00 | 371901109 |
| National Instruments Corp | NATI US | Information Technology | 2.135% | 62,542.00 | 636518102 |
| Encompass Health Corp | EHC US | Health Care | 2.072% | 34,685.00 | 29261A100 |
| Toro Co/The | TTC US | Industrials | 2.071% | 26,988.00 | 891092108 |
| A O Smith Corp | AOS US | Industrials | 2.064% | 45,542.00 | 831865209 |
| FLIR Systems Inc | FLIR US | Information Technology | 2.062% | 51,114.00 | 302445101 |
| Fidelity National Financial In | FNF US | Financials | 1.979% | 66,772.00 | 31620R303 |
| Graco Inc | GGG US | Industrials | 1.978% | 37,312.00 | 384109104 |
| MAXIMUS Inc | MMS US | Information Technology | 1.922% | 30,713.00 | 577933104 |
| National HealthCare Corp | NHC US | Health Care | 1.906% | 36,039.00 | 635906100 |
| Service Corp International/US | SCI US | Consumer Discretionary | 1.876% | 50,876.00 | 817565104 |
| Erie Indemnity Co | ERIE US | Financials | 1.857% | 10,009.00 | 29530P102 |
| Houlihan Lokey Inc | HLI US | Financials | 1.852% | 38,089.00 | 441593100 |
| Ingredion Inc | INGR US | Consumer Staples | 1.849% | 27,717.00 | 457187102 |
| Watsco Inc | WSO US | Industrials | 1.779% | 9,490.00 | 942622200 |
| Whirlpool Corp | WHR US | Consumer Discretionary | 1.766% | 11,953.00 | 963320106 |
| First American Financial Corp | FAF US | Financials | 1.702% | 42,166.00 | 31847R102 |
| Monolithic Power Systems Inc | MPWR US | Information Technology | 1.645% | 5,660.00 | 609839105 |
| Flowers Foods Inc | FLO US | Consumer Staples | 1.531% | 93,933.00 | 343498101 |
| CDK Global Inc | CDK US | Information Technology | 1.530% | 39,652.00 | 12508E101 |
| Hill-Rom Holdings Inc | HRC US | Health Care | 1.506% | 18,790.00 | 431475102 |
| Evercore Inc | EVR US | Financials | 1.474% | 15,798.00 | 29977A105 |
| Genpact Ltd | G US | Information Technology | 1.447% | 47,531.00 | G3922B107 |
| Donaldson Co Inc | DCI US | Industrials | 1.410% | 31,411.00 | 257651109 |
| Lancaster Colony Corp | LANC US | Consumer Staples | 1.402% | 10,580.00 | 513847103 |
| Premier Inc | PINC US | Health Care | 1.191% | 47,898.00 | 74051N102 |
| Leggett & Platt Inc | LEG US | Consumer Discretionary | 1.176% | 35,729.00 | 524660107 |
| FirstCash Inc | FCFS US | Financials | 1.159% | 23,895.00 | 33767D105 |
| WD-40 Co | WDFC US | Consumer Staples | 1.110% | 4,720.00 | 929236107 |
| Artisan Partners Asset Managem | APAM US | Financials | 1.108% | 30,047.00 | 04316A108 |
| Moelis & Co | MC US | Financials | 1.007% | 24,728.00 | 60786M105 |
| Cogent Communications Holdings | CCOI US | Communication Services | 0.980% | 21,756.00 | 19239V302 |
| ManTech International Corp/VA | MANT US | Information Technology | 0.978% | 16,318.00 | 564563104 |
| Safety Insurance Group Inc | SAFT US | Financials | 0.956% | 15,739.00 | 78648T100 |
| Lazard Ltd | LAZ US | Financials | 0.939% | 31,033.00 | G54050102 |
| Xerox Holdings Corp | XRX US | Information Technology | 0.924% | 48,007.00 | 98421M106 |
| Morningstar Inc | MORN US | Financials | 0.861% | 5,005.00 | 617700109 |
| BorgWarner Inc | BWA US | Consumer Discretionary | 0.839% | 24,817.00 | 099724106 |
| Exponent Inc | EXPO US | Industrials | 0.807% | 11,045.00 | 30214U102 |
| CSG Systems International Inc | CSGS US | Information Technology | 0.805% | 23,196.00 | 126349109 |
| UGI Corp | UGI US | Utilities | 0.768% | 26,682.00 | 902681105 |
| J & J Snack Foods Corp | JJSF US | Consumer Staples | 0.736% | 6,149.00 | 466032109 |
| MDU Resources Group Inc | MDU US | Utilities | 0.725% | 33,843.00 | 552690109 |
| Littelfuse Inc | LFUS US | Information Technology | 0.710% | 3,489.00 | 537008104 |
| Brady Corp | BRC US | Industrials | 0.690% | 17,226.00 | 104674106 |
| Science Applications Internati | SAIC US | Information Technology | 0.672% | 10,019.00 | 808625107 |
| Graham Holdings Co | GHC US | Consumer Discretionary | 0.671% | 1,537.00 | 384637104 |
| Stewart Information Services C | STC US | Financials | 0.666% | 18,200.00 | 860372101 |
| NIC Inc | EGOV US | Information Technology | 0.638% | 24,822.00 | 62914B100 |
| Tetra Tech Inc | TTEK US | Industrials | 0.612% | 5,842.00 | 88162G103 |
| Casey's General Stores Inc | CASY US | Consumer Staples | 0.601% | 3,960.00 | 147528103 |
| Portland General Electric Co | POR US | Utilities | 0.588% | 18,809.00 | 736508847 |
| Cohen & Steers Inc | CNS US | Financials | 0.586% | 11,798.00 | 19247A100 |
| Hanesbrands Inc | HBI US | Consumer Discretionary | 0.575% | 42,453.00 | 410345102 |
| Badger Meter Inc | BMI US | Information Technology | 0.564% | 7,144.00 | 056525108 |
| MSA Safety Inc | MSA US | Industrials | 0.541% | 4,319.00 | 553498106 |
| IDACORP Inc | IDA US | Utilities | 0.534% | 8,112.00 | 451107106 |
| Carter's Inc | CRI US | Consumer Discretionary | 0.519% | 8,236.00 | 146229109 |
| Hamilton Lane Inc | HLNE US | Financials | 0.502% | 7,315.00 | 407497106 |
| Lear Corp | LEA US | Consumer Discretionary | 0.493% | 3,881.00 | 521865204 |
| Landstar System Inc | LSTR US | Industrials | 0.491% | 4,038.00 | 515098101 |
| Vector Group Ltd | VGR US | Consumer Staples | 0.482% | 45,690.00 | 92240M108 |
| MDC Holdings Inc | MDC US | Consumer Discretionary | 0.478% | 11,205.00 | 552676108 |
| Williams-Sonoma Inc | WSM US | Consumer Discretionary | 0.471% | 4,656.00 | 969904101 |
| Radian Group Inc | RDN US | Financials | 0.470% | 29,492.00 | 750236101 |
| Progress Software Corp | PRGS US | Information Technology | 0.462% | 14,191.00 | 743312100 |
| New York Times Co/The | NYT US | Communication Services | 0.452% | 11,009.00 | 650111107 |
| Virtu Financial Inc | VIRT US | Financials | 0.442% | 21,507.00 | 928254101 |
| Healthcare Services Group Inc | HCSG US | Industrials | 0.441% | 19,737.00 | 421906108 |
| Tootsie Roll Industries Inc | TR US | Consumer Staples | 0.428% | 18,505.00 | 890516107 |
| Watts Water Technologies Inc | WTS US | Industrials | 0.426% | 4,927.00 | 942749102 |
| Weis Markets Inc | WMK US | Consumer Staples | 0.412% | 9,976.00 | 948849104 |
| AMERISAFE Inc | AMSF US | Financials | 0.410% | 9,313.00 | 03071H100 |
| Simpson Manufacturing Co Inc | SSD US | Industrials | 0.408% | 5,455.00 | 829073105 |
| Kemper Corp | KMPR US | Financials | 0.403% | 6,970.00 | 488401100 |
| ALLETE Inc | ALE US | Utilities | 0.402% | 8,586.00 | 018522300 |
| ONE Gas Inc | OGS US | Utilities | 0.395% | 7,606.00 | 68235P108 |
| Federated Hermes Inc | FHI US | Financials | 0.386% | 17,983.00 | 314211103 |
| ITT Inc | ITT US | Industrials | 0.379% | 5,872.00 | 45073V108 |
| InterDigital Inc | IDCC US | Information Technology | 0.371% | 7,542.00 | 45867G101 |
| New Jersey Resources Corp | NJR US | Utilities | 0.368% | 12,240.00 | 646025106 |
| Universal Corp/VA | UVV US | Consumer Staples | 0.363% | 9,369.00 | 913456109 |
| Ennis Inc | EBF US | Industrials | 0.361% | 23,708.00 | 293389102 |
| Hawaiian Electric Industries I | HE US | Utilities | 0.322% | 12,189.00 | 419870100 |
| NorthWestern Corp | NWE US | Utilities | 0.314% | 7,032.00 | 668074305 |
| National Fuel Gas Co | NFG US | Utilities | 0.296% | 8,627.00 | 636180101 |
| Black Hills Corp | BKH US | Utilities | 0.252% | 5,630.00 | 092113109 |
| Franklin Electric Co Inc | FELE US | Industrials | 0.245% | 4,300.00 | 353514102 |
| UniFirst Corp/MA | UNF US | Industrials | 0.235% | 1,283.00 | 904708104 |
| PNM Resources Inc | PNM US | Utilities | 0.207% | 5,770.00 | 69349H107 |
| American States Water Co | AWR US | Utilities | 0.206% | 3,761.00 | 029899101 |
| Otter Tail Corp | OTTR US | Utilities | 0.203% | 6,570.00 | 689648103 |
| Spire Inc | SR US | Utilities | 0.192% | 3,834.00 | 84857L101 |
| Avista Corp | AVA US | Utilities | 0.189% | 6,367.00 | 05379B107 |
| Southwest Gas Holdings Inc | SWX US | Utilities | 0.167% | 3,502.00 | 844895102 |
| Chesapeake Utilities Corp | CPK US | Utilities | 0.118% | 1,474.00 | 165303108 |
| MGE Energy Inc | MGEE US | Utilities | 0.117% | 2,384.00 | 55277P104 |
| Northwest Natural Holding Co | NWN US | Utilities | 0.079% | 2,205.00 | 66765N105 |
| USD CURNCY | USD CURNCY | 0.010% | 13,053.81 | ||
| Eaton Vance Corp | EV US | 0.00% | 0.00 | 278265103 |
SECTORS
AS OF 1/31/2021
| Sector | Weight |
|---|---|
| Industrials | 21.05% |
| Financials | 20.71% |
| Information Technology | 18.82% |
| Consumer Discretionary | 11.07% |
| Consumer Staples | 8.94% |
| Health Care | 8.94% |
| Utilities | 6.57% |
| Communication Services | 3.86% |
| Cash | 0.05% |
DISTRIBUTIONS
| Ex-Dividend | Record | Payable | Distribution Per Share |
|---|---|---|---|
| 01/28/2021 | 01/29/2021 | 02/02/2021 | 0.034048 |
| 12/29/2020 | 12/30/2020 | 01/04/2021 | 0.143333 |
| 11/27/2020 | 11/30/2020 | 12/02/2020 | 0.069662 |
| 10/29/2020 | 10/30/2020 | 11/03/2020 | 0.030434 |
| 09/29/2020 | 09/30/2020 | 10/02/2020 | 0.035874 |
| 08/28/2020 | 08/31/2020 | 09/02/2020 | 0.020712 |
| 07/30/2020 | 07/31/2020 | 08/04/2020 | 0.009765 |
| 06/29/2020 | 06/30/2020 | 07/02/2020 | 0.047353 |
| 05/28/2020 | 05/29/2020 | 06/02/2020 | 0.051608 |
| 04/29/2020 | 04/30/2020 | 05/04/2020 | 0.043675 |
| 03/27/2020 | 03/30/2020 | 04/01/2020 | 0.070263 |
| 02/25/2020 | 02/26/2020 | 02/28/2020 | 0.049613 |
| 01/29/2020 | 01/31/2020 | 02/04/2020 | 0.054836 |
| 12/27/2019 | 12/30/2019 | 01/03/2020 | 0.076181 |
| 11/27/2019 | 11/29/2019 | 12/3/2019 | 0.058615 |
| 10/30/2019 | 10/31/2019 | 11/4/2019 | 0.040394 |
| 9/27/2019 | 9/30/2019 | 10/2/2019 | 0.051475 |
| 8/28/2019 | 8/30/2019 | 9/4/2019 | 0.0479 |
| 7/30/2019 | 7/31/2019 | 8/2/2019 | 0.023934 |
| 6/27/2019 | 6/28/2019 | 7/2/2019 | 0.063913 |
| 5/30/2019 | 5/31/2019 | 6/4/2019 | 0.040131 |
| 4/26/2019 | 4/30/2019 | 5/2/2019 | 0.034715 |
| 3/28/2019 | 3/29/2019 | 4/2/2019 | 0.066273 |
| 2/27/2019 | 2/28/2019 | 3/4/2019 | 0.05885 |
| 1/30/2019 | 1/31/2019 | 2/4/2019 | 0.02695 |
| 12/27/2018 | 12/28/2018 | 1/3/2019 | 0.073132 |
| 11/29/2018 | 11/30/2018 | 12/4/2018 | 0.071378 |
| 10/30/2018 | 10/31/2018 | 11/2/2018 | 0.032762 |
| 9/27/2018 | 9/28/2018 | 10/2/2018 | 0.044242 |
| 8/29/2018 | 8/31/2018 | 9/5/2018 | 0.0454 |
| 7/30/2018 | 7/31/2018 | 8/2/2018 | 0.021 |
| 6-26-2018 | 6-27-2018 | 6-29-2018 | 0.060068 |
| 5-30-2018 | 5-31-2018 | 6-4-2018 | 0.061 |
| 4-27-2018 | 4-30-2018 | 5-2-2018 | 0.069 |
| 3/27/2018 | 3/29/2018 | 4/3/2018 | 0.059 |
| 2/27/2018 | 2/28/2018 | 3/2/2018 | 0.045 |
| 1/30/2018 | 1/31/2018 | 2/2/2018 | 0.038 |
| 12/22/2017 | 12/26/2017 | 12/29/2017 | 0.156 |
| 11/15/2017 | 11/16/2017 | 11/21/2017 | 0.060 |
| 10/16/2017 | 10/17/2017 | 10/20/2017 | 0.058 |
| 9/15/2017 | 9/18/2017 | 9/21/2017 | 0.055 |
| 8/15/2017 | 8/17/2017 | 8/21/2017 | 0.030 |
| 7/17/2017 | 7/19/2017 | 7/21/2017 | 0.006 |
| 6/15/2017 | 6/19/2017 | 6/21/2017 | 0.052 |
| 5/15/2017 | 5/17/2017 | 5/19/2017 | 0.023 |
| 4/17/2017 | 4/19/2017 | 4/21/2017 | 0.077 |
| 3/15/2017 | 3/17/2017 | 3/21/2017 | 0.058 |
| 2/15/2017 | 2/17/2017 | 2/22/2017 | 0.009 |
PREMIUM / DISCOUNT
| Date | Days | < -0.5% | -0.5% to 0% | 0 | 0% to 0.5% | > 0.5% |
|---|---|---|---|---|---|---|
| 2020 | 253 | 5 | 107 | 0 | 140 | 1 |
| 3/31/2020 | 62 | 4 | 34 | 0 | 24 | 0 |
| 6/30/2020 | 63 | 1 | 31 | 0 | 30 | 1 |
| 9/30/2020 | 64 | 0 | 24 | 0 | 40 | 0 |
| 12/31/2020 | 64 | 0 | 18 | 0 | 46 | 0 |
| 2019 | 252 | 0 | 161 | 0 | 91 | 0 |
| 2018 | 251 | 0 | 132 | 0 | 119 | 0 |
The above line chart and table present information about the difference between the daily market price for shares of the Fund and the Fund’s reported Net Asset Value. The amount that the Fund’s market price is above the reported NAV is called the premium. The amount that the Fund’s market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 p.m. EST). The vertical axis of the line chart shows the premium or discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium discount occurred. The table indicates the number of trading days in the respective period in which the Fund traded within the premium/discount percentage range as indicated.
INVESTOR RESOURCE
OUSM RESEARCH | NEWS
O’Shares Strategy Series | U.S. Small Caps
A Decade of Small-Caps, Top Performing and Riskiest SectorsJanuary 29, 2021 - 11:39 AM
Why OUSMJanuary 12, 2021 - 1:33 PM
Small-Cap Stocks: Quality Dividends or Value for Income?December 1, 2020 - 9:54 AM
Small-Cap Stocks: Dividend Quality Could Be the Key to Finding Potential WinnersNovember 10, 2020 - 7:08 AM
Quality Balance Sheets for Stronger Small-cap PerformanceSeptember 22, 2020 - 4:54 PM
Performance
MONTHLY PERFORMANCE (AS OF 1/31/2021)
| QTD | YTD | 1 YR | 3 YR | SI | |
|---|---|---|---|---|---|
| NAV | -0.95% | -0.95% | 8.95% | 6.56% | 7.58% |
| Market Value | -1.02% | -1.02% | 8.95% | 6.56% | 7.58% |
QUARTERLY PERFORMANCE (AS OF 12/31/2020)
| QTD | YTD | 1 YR | 3 YR | SI | |
|---|---|---|---|---|---|
| NAV | 19.32% | 7.59% | 7.59% | 7.20% | 8.01% |
| Market Value | 19.48% | 7.66% | 7.66% | 7.21% | 8.02% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns beyond 1 year are annualized.
Shares of the Funds are not individually redeemable and the owners of Shares may purchase or redeem Shares from each Fund in Creation Units only. The purchase and sale price of individual Shares trading on an Exchange may be below, at or above the most recently calculated NAV for such Shares.
Market Price returns are generally based on market value at 4:00PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.
Holdings
| Name (As of 03/01/2021) | Ticker | Sector | Fund Weight | Quantity | CUSIP/ISIN |
|---|---|---|---|---|---|
| Interpublic Group of Cos Inc/T | IPG US | Communication Services | 2.604% | 130,115.00 | 460690100 |
| Dolby Laboratories Inc | DLB US | Information Technology | 2.558% | 34,031.00 | 25659T107 |
| Robert Half International Inc | RHI US | Industrials | 2.553% | 43,235.00 | 770323103 |
| Bio-Techne Corp | TECH US | Health Care | 2.490% | 8,948.00 | 09073M104 |
| Snap-on Inc | SNA US | Industrials | 2.327% | 14,923.00 | 833034101 |
| MSC Industrial Direct Co Inc | MSM US | Industrials | 2.310% | 34,924.00 | 553530106 |
| Gentex Corp | GNTX US | Consumer Discretionary | 2.256% | 83,661.00 | 371901109 |
| National Instruments Corp | NATI US | Information Technology | 2.135% | 62,542.00 | 636518102 |
| Encompass Health Corp | EHC US | Health Care | 2.072% | 34,685.00 | 29261A100 |
| Toro Co/The | TTC US | Industrials | 2.071% | 26,988.00 | 891092108 |
| A O Smith Corp | AOS US | Industrials | 2.064% | 45,542.00 | 831865209 |
| FLIR Systems Inc | FLIR US | Information Technology | 2.062% | 51,114.00 | 302445101 |
| Fidelity National Financial In | FNF US | Financials | 1.979% | 66,772.00 | 31620R303 |
| Graco Inc | GGG US | Industrials | 1.978% | 37,312.00 | 384109104 |
| MAXIMUS Inc | MMS US | Information Technology | 1.922% | 30,713.00 | 577933104 |
| National HealthCare Corp | NHC US | Health Care | 1.906% | 36,039.00 | 635906100 |
| Service Corp International/US | SCI US | Consumer Discretionary | 1.876% | 50,876.00 | 817565104 |
| Erie Indemnity Co | ERIE US | Financials | 1.857% | 10,009.00 | 29530P102 |
| Houlihan Lokey Inc | HLI US | Financials | 1.852% | 38,089.00 | 441593100 |
| Ingredion Inc | INGR US | Consumer Staples | 1.849% | 27,717.00 | 457187102 |
| Watsco Inc | WSO US | Industrials | 1.779% | 9,490.00 | 942622200 |
| Whirlpool Corp | WHR US | Consumer Discretionary | 1.766% | 11,953.00 | 963320106 |
| First American Financial Corp | FAF US | Financials | 1.702% | 42,166.00 | 31847R102 |
| Monolithic Power Systems Inc | MPWR US | Information Technology | 1.645% | 5,660.00 | 609839105 |
| Flowers Foods Inc | FLO US | Consumer Staples | 1.531% | 93,933.00 | 343498101 |
| CDK Global Inc | CDK US | Information Technology | 1.530% | 39,652.00 | 12508E101 |
| Hill-Rom Holdings Inc | HRC US | Health Care | 1.506% | 18,790.00 | 431475102 |
| Evercore Inc | EVR US | Financials | 1.474% | 15,798.00 | 29977A105 |
| Genpact Ltd | G US | Information Technology | 1.447% | 47,531.00 | G3922B107 |
| Donaldson Co Inc | DCI US | Industrials | 1.410% | 31,411.00 | 257651109 |
| Lancaster Colony Corp | LANC US | Consumer Staples | 1.402% | 10,580.00 | 513847103 |
| Premier Inc | PINC US | Health Care | 1.191% | 47,898.00 | 74051N102 |
| Leggett & Platt Inc | LEG US | Consumer Discretionary | 1.176% | 35,729.00 | 524660107 |
| FirstCash Inc | FCFS US | Financials | 1.159% | 23,895.00 | 33767D105 |
| WD-40 Co | WDFC US | Consumer Staples | 1.110% | 4,720.00 | 929236107 |
| Artisan Partners Asset Managem | APAM US | Financials | 1.108% | 30,047.00 | 04316A108 |
| Moelis & Co | MC US | Financials | 1.007% | 24,728.00 | 60786M105 |
| Cogent Communications Holdings | CCOI US | Communication Services | 0.980% | 21,756.00 | 19239V302 |
| ManTech International Corp/VA | MANT US | Information Technology | 0.978% | 16,318.00 | 564563104 |
| Safety Insurance Group Inc | SAFT US | Financials | 0.956% | 15,739.00 | 78648T100 |
| Lazard Ltd | LAZ US | Financials | 0.939% | 31,033.00 | G54050102 |
| Xerox Holdings Corp | XRX US | Information Technology | 0.924% | 48,007.00 | 98421M106 |
| Morningstar Inc | MORN US | Financials | 0.861% | 5,005.00 | 617700109 |
| BorgWarner Inc | BWA US | Consumer Discretionary | 0.839% | 24,817.00 | 099724106 |
| Exponent Inc | EXPO US | Industrials | 0.807% | 11,045.00 | 30214U102 |
| CSG Systems International Inc | CSGS US | Information Technology | 0.805% | 23,196.00 | 126349109 |
| UGI Corp | UGI US | Utilities | 0.768% | 26,682.00 | 902681105 |
| J & J Snack Foods Corp | JJSF US | Consumer Staples | 0.736% | 6,149.00 | 466032109 |
| MDU Resources Group Inc | MDU US | Utilities | 0.725% | 33,843.00 | 552690109 |
| Littelfuse Inc | LFUS US | Information Technology | 0.710% | 3,489.00 | 537008104 |
| Brady Corp | BRC US | Industrials | 0.690% | 17,226.00 | 104674106 |
| Science Applications Internati | SAIC US | Information Technology | 0.672% | 10,019.00 | 808625107 |
| Graham Holdings Co | GHC US | Consumer Discretionary | 0.671% | 1,537.00 | 384637104 |
| Stewart Information Services C | STC US | Financials | 0.666% | 18,200.00 | 860372101 |
| NIC Inc | EGOV US | Information Technology | 0.638% | 24,822.00 | 62914B100 |
| Tetra Tech Inc | TTEK US | Industrials | 0.612% | 5,842.00 | 88162G103 |
| Casey's General Stores Inc | CASY US | Consumer Staples | 0.601% | 3,960.00 | 147528103 |
| Portland General Electric Co | POR US | Utilities | 0.588% | 18,809.00 | 736508847 |
| Cohen & Steers Inc | CNS US | Financials | 0.586% | 11,798.00 | 19247A100 |
| Hanesbrands Inc | HBI US | Consumer Discretionary | 0.575% | 42,453.00 | 410345102 |
| Badger Meter Inc | BMI US | Information Technology | 0.564% | 7,144.00 | 056525108 |
| MSA Safety Inc | MSA US | Industrials | 0.541% | 4,319.00 | 553498106 |
| IDACORP Inc | IDA US | Utilities | 0.534% | 8,112.00 | 451107106 |
| Carter's Inc | CRI US | Consumer Discretionary | 0.519% | 8,236.00 | 146229109 |
| Hamilton Lane Inc | HLNE US | Financials | 0.502% | 7,315.00 | 407497106 |
| Lear Corp | LEA US | Consumer Discretionary | 0.493% | 3,881.00 | 521865204 |
| Landstar System Inc | LSTR US | Industrials | 0.491% | 4,038.00 | 515098101 |
| Vector Group Ltd | VGR US | Consumer Staples | 0.482% | 45,690.00 | 92240M108 |
| MDC Holdings Inc | MDC US | Consumer Discretionary | 0.478% | 11,205.00 | 552676108 |
| Williams-Sonoma Inc | WSM US | Consumer Discretionary | 0.471% | 4,656.00 | 969904101 |
| Radian Group Inc | RDN US | Financials | 0.470% | 29,492.00 | 750236101 |
| Progress Software Corp | PRGS US | Information Technology | 0.462% | 14,191.00 | 743312100 |
| New York Times Co/The | NYT US | Communication Services | 0.452% | 11,009.00 | 650111107 |
| Virtu Financial Inc | VIRT US | Financials | 0.442% | 21,507.00 | 928254101 |
| Healthcare Services Group Inc | HCSG US | Industrials | 0.441% | 19,737.00 | 421906108 |
| Tootsie Roll Industries Inc | TR US | Consumer Staples | 0.428% | 18,505.00 | 890516107 |
| Watts Water Technologies Inc | WTS US | Industrials | 0.426% | 4,927.00 | 942749102 |
| Weis Markets Inc | WMK US | Consumer Staples | 0.412% | 9,976.00 | 948849104 |
| AMERISAFE Inc | AMSF US | Financials | 0.410% | 9,313.00 | 03071H100 |
| Simpson Manufacturing Co Inc | SSD US | Industrials | 0.408% | 5,455.00 | 829073105 |
| Kemper Corp | KMPR US | Financials | 0.403% | 6,970.00 | 488401100 |
| ALLETE Inc | ALE US | Utilities | 0.402% | 8,586.00 | 018522300 |
| ONE Gas Inc | OGS US | Utilities | 0.395% | 7,606.00 | 68235P108 |
| Federated Hermes Inc | FHI US | Financials | 0.386% | 17,983.00 | 314211103 |
| ITT Inc | ITT US | Industrials | 0.379% | 5,872.00 | 45073V108 |
| InterDigital Inc | IDCC US | Information Technology | 0.371% | 7,542.00 | 45867G101 |
| New Jersey Resources Corp | NJR US | Utilities | 0.368% | 12,240.00 | 646025106 |
| Universal Corp/VA | UVV US | Consumer Staples | 0.363% | 9,369.00 | 913456109 |
| Ennis Inc | EBF US | Industrials | 0.361% | 23,708.00 | 293389102 |
| Hawaiian Electric Industries I | HE US | Utilities | 0.322% | 12,189.00 | 419870100 |
| NorthWestern Corp | NWE US | Utilities | 0.314% | 7,032.00 | 668074305 |
| National Fuel Gas Co | NFG US | Utilities | 0.296% | 8,627.00 | 636180101 |
| Black Hills Corp | BKH US | Utilities | 0.252% | 5,630.00 | 092113109 |
| Franklin Electric Co Inc | FELE US | Industrials | 0.245% | 4,300.00 | 353514102 |
| UniFirst Corp/MA | UNF US | Industrials | 0.235% | 1,283.00 | 904708104 |
| PNM Resources Inc | PNM US | Utilities | 0.207% | 5,770.00 | 69349H107 |
| American States Water Co | AWR US | Utilities | 0.206% | 3,761.00 | 029899101 |
| Otter Tail Corp | OTTR US | Utilities | 0.203% | 6,570.00 | 689648103 |
| Spire Inc | SR US | Utilities | 0.192% | 3,834.00 | 84857L101 |
| Avista Corp | AVA US | Utilities | 0.189% | 6,367.00 | 05379B107 |
| Southwest Gas Holdings Inc | SWX US | Utilities | 0.167% | 3,502.00 | 844895102 |
| Chesapeake Utilities Corp | CPK US | Utilities | 0.118% | 1,474.00 | 165303108 |
| MGE Energy Inc | MGEE US | Utilities | 0.117% | 2,384.00 | 55277P104 |
| Northwest Natural Holding Co | NWN US | Utilities | 0.079% | 2,205.00 | 66765N105 |
| USD CURNCY | USD CURNCY | 0.010% | 13,053.81 | ||
| Eaton Vance Corp | EV US | 0.00% | 0.00 | 278265103 |
Sector Allocation
AS OF 1/31/2021
| Sector | Weight |
|---|---|
| Industrials | 21.05% |
| Financials | 20.71% |
| Information Technology | 18.82% |
| Consumer Discretionary | 11.07% |
| Consumer Staples | 8.94% |
| Health Care | 8.94% |
| Utilities | 6.57% |
| Communication Services | 3.86% |
| Cash | 0.05% |
Distributions
| Ex-Dividend | Record | Payable | Distribution Per Share |
|---|---|---|---|
| 01/28/2021 | 01/29/2021 | 02/02/2021 | 0.034048 |
| 12/29/2020 | 12/30/2020 | 01/04/2021 | 0.143333 |
| 11/27/2020 | 11/30/2020 | 12/02/2020 | 0.069662 |
| 10/29/2020 | 10/30/2020 | 11/03/2020 | 0.030434 |
| 09/29/2020 | 09/30/2020 | 10/02/2020 | 0.035874 |
| 08/28/2020 | 08/31/2020 | 09/02/2020 | 0.020712 |
| 07/30/2020 | 07/31/2020 | 08/04/2020 | 0.009765 |
| 06/29/2020 | 06/30/2020 | 07/02/2020 | 0.047353 |
| 05/28/2020 | 05/29/2020 | 06/02/2020 | 0.051608 |
| 04/29/2020 | 04/30/2020 | 05/04/2020 | 0.043675 |
| 03/27/2020 | 03/30/2020 | 04/01/2020 | 0.070263 |
| 02/25/2020 | 02/26/2020 | 02/28/2020 | 0.049613 |
| 01/29/2020 | 01/31/2020 | 02/04/2020 | 0.054836 |
| 12/27/2019 | 12/30/2019 | 01/03/2020 | 0.076181 |
| 11/27/2019 | 11/29/2019 | 12/3/2019 | 0.058615 |
| 10/30/2019 | 10/31/2019 | 11/4/2019 | 0.040394 |
| 9/27/2019 | 9/30/2019 | 10/2/2019 | 0.051475 |
| 8/28/2019 | 8/30/2019 | 9/4/2019 | 0.0479 |
| 7/30/2019 | 7/31/2019 | 8/2/2019 | 0.023934 |
| 6/27/2019 | 6/28/2019 | 7/2/2019 | 0.063913 |
| 5/30/2019 | 5/31/2019 | 6/4/2019 | 0.040131 |
| 4/26/2019 | 4/30/2019 | 5/2/2019 | 0.034715 |
| 3/28/2019 | 3/29/2019 | 4/2/2019 | 0.066273 |
| 2/27/2019 | 2/28/2019 | 3/4/2019 | 0.05885 |
| 1/30/2019 | 1/31/2019 | 2/4/2019 | 0.02695 |
| 12/27/2018 | 12/28/2018 | 1/3/2019 | 0.073132 |
| 11/29/2018 | 11/30/2018 | 12/4/2018 | 0.071378 |
| 10/30/2018 | 10/31/2018 | 11/2/2018 | 0.032762 |
| 9/27/2018 | 9/28/2018 | 10/2/2018 | 0.044242 |
| 8/29/2018 | 8/31/2018 | 9/5/2018 | 0.0454 |
| 7/30/2018 | 7/31/2018 | 8/2/2018 | 0.021 |
| 6-26-2018 | 6-27-2018 | 6-29-2018 | 0.060068 |
| 5-30-2018 | 5-31-2018 | 6-4-2018 | 0.061 |
| 4-27-2018 | 4-30-2018 | 5-2-2018 | 0.069 |
| 3/27/2018 | 3/29/2018 | 4/3/2018 | 0.059 |
| 2/27/2018 | 2/28/2018 | 3/2/2018 | 0.045 |
| 1/30/2018 | 1/31/2018 | 2/2/2018 | 0.038 |
| 12/22/2017 | 12/26/2017 | 12/29/2017 | 0.156 |
| 11/15/2017 | 11/16/2017 | 11/21/2017 | 0.060 |
| 10/16/2017 | 10/17/2017 | 10/20/2017 | 0.058 |
| 9/15/2017 | 9/18/2017 | 9/21/2017 | 0.055 |
| 8/15/2017 | 8/17/2017 | 8/21/2017 | 0.030 |
| 7/17/2017 | 7/19/2017 | 7/21/2017 | 0.006 |
| 6/15/2017 | 6/19/2017 | 6/21/2017 | 0.052 |
| 5/15/2017 | 5/17/2017 | 5/19/2017 | 0.023 |
| 4/17/2017 | 4/19/2017 | 4/21/2017 | 0.077 |
| 3/15/2017 | 3/17/2017 | 3/21/2017 | 0.058 |
| 2/15/2017 | 2/17/2017 | 2/22/2017 | 0.009 |
