TICKER
WBIF
INCEPTION DATE
8/25/2014
NAV
$26.63
As of 10/18/2019
FUND NET ASSETS
$54.59 (MM)
As of 10/18/2019
WBI’s Unique Active Management
Utilized for nearly 30 years, 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. So how does WBIF find value?
Watch the video to find out.
The WBIF Power Factor
WBIF screens thousands of securities daily based on three fundamental value characteristics, or “Power Factors”:
- Trailing 12-month diluted earnings from continuing operations to price (E/P Ratio)
- Trailing 12-month free cash flow to price (FCF/P Ratio)
- Trailing 12-month sales to price (S/P Ratio)
Stock Selection Process
WBIF is an active ETF focused on global large-cap value, dividend paying stocks. The fund seeks to manage risk to capital while providing attractive returns and long-term growth of capital. The rigorous stock selection process ensures the fund invests in the highest quality, large-cap value stocks.
Active Risk Management
WBIF is designed to participate in market advances and protect capital during market declines. With WBI’s time-tested active risk management, it is a great tool to pair with passive ETFs to reduce down-market correlation, volatility, and loss of capital.
Documents
- WBIF Investment Process Overview
- Daily Holdings:
Date Account StockTicker CUSIP SecurityName Shares Price MarketValue Weightings NetAssets SharesOutstanding CreationUnits MoneyMarketFlag IncomeByPosition 10/21/2019 WBIF NXPI N6596X109 NXP SEMICONDUCTORS N V 26,863 109.010000 2928335.63 5.36% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CHRW 12541W209 C H ROBINSON WORLDWIDE INC 30,569 86.555000 2645899.80 4.85% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CMI 231021106 CUMMINS INC 14,932 170.280000 2542620.96 4.66% 54594985.00 2050000 41 0.00 10/21/2019 WBIF BMY 110122108 BRISTOL MYERS SQUIBB CO 47,892 53.030000 2539712.76 4.65% 54594985.00 2050000 41 0.00 10/21/2019 WBIF GWW 384802104 GRAINGER W W INC 7,982 310.080000 2475058.56 4.53% 54594985.00 2050000 41 0.00 10/21/2019 WBIF ROST 778296103 ROSS STORES INC 21,575 114.130000 2462354.75 4.51% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CDW 12514G108 CDW CORP 19,315 123.910000 2393321.65 4.38% 54594985.00 2050000 41 0.00 10/21/2019 WBIF VZ 92343V104 VERIZON COMMUNICATIONS INC 39,081 61.050000 2385895.05 4.37% 54594985.00 2050000 41 0.00 10/21/2019 WBIF HD 437076102 HOME DEPOT INC 9,259 237.930000 2202993.87 4.04% 54594985.00 2050000 41 0.00 10/21/2019 WBIF PNC 693475105 PNC FINL SVCS GROUP INC 15,386 143.520000 2208198.72 4.04% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CAT 149123101 CATERPILLAR INC DEL 16,845 130.710000 2201809.95 4.03% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CMCSA 20030N101 COMCAST CORP NEW 48,112 45.570000 2192463.84 4.02% 54594985.00 2050000 41 0.00 10/21/2019 WBIF BBY 086516101 BEST BUY INC 31,155 70.520000 2197050.60 4.02% 54594985.00 2050000 41 0.00 10/21/2019 WBIF ICE 45866F104 INTERCONTINENTAL EXCHANGE INC COM 22,844 94.400000 2156473.60 3.95% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CSGS 126349109 CSG SYS INTL INC 40,950 50.570000 2070841.50 3.79% 54594985.00 2050000 41 0.00 10/21/2019 WBIF GL 37959E102 GLOBE LIFE INC 21,491 94.680000 2034767.88 3.73% 54594985.00 2050000 41 0.00 10/21/2019 WBIF PG 742718109 PROCTER & GAMBLE CO 14,813 117.470000 1740083.11 3.19% 54594985.00 2050000 41 0.00 10/21/2019 WBIF TXN 882508104 TEXAS INSTRS INC 12,721 129.460000 1646860.66 3.02% 54594985.00 2050000 41 0.00 10/21/2019 WBIF NKE 654106103 NIKE INC 16,307 96.100000 1567102.70 2.87% 54594985.00 2050000 41 0.00 10/21/2019 WBIF FNF 31620R303 FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM 30,386 45.450000 1381043.70 2.53% 54594985.00 2050000 41 0.00 10/21/2019 WBIF BHE 08160H101 BENCHMARK ELECTRS INC 43,524 30.630000 1333140.12 2.44% 54594985.00 2050000 41 0.00 10/21/2019 WBIF MRK 58933Y105 MERCK & CO INC 13,453 84.680000 1139200.04 2.09% 54594985.00 2050000 41 0.00 10/21/2019 WBIF AMAT 038222105 APPLIED MATLS INC 21,548 51.680000 1113600.64 2.04% 54594985.00 2050000 41 0.00 10/21/2019 WBIF UPS 911312106 UNITED PARCEL SERVICE INC 9,154 117.350000 1074221.90 1.97% 54594985.00 2050000 41 0.00 10/21/2019 WBIF CSCO 17275R102 CISCO SYS INC 22,455 46.710000 1048873.05 1.92% 54594985.00 2050000 41 0.00 10/21/2019 WBIF ORCL 68389X105 ORACLE CORP 17,813 54.550000 971699.15 1.78% 54594985.00 2050000 41 0.00 10/21/2019 WBIF V 92826C839 VISA INC 5,478 175.710000 962539.38 1.76% 54594985.00 2050000 41 0.00 10/21/2019 WBIF TRV 89417E109 TRAVELERS COMPANIES INC 6,565 141.360000 928028.40 1.70% 54594985.00 2050000 41 0.00 10/21/2019 WBIF MSFT 594918104 MICROSOFT CORP 6,225 137.410000 855377.25 1.57% 54594985.00 2050000 41 0.00 10/21/2019 WBIF RJF 754730109 RAYMOND JAMES FINANCIAL INC 8,555 82.690000 707412.95 1.30% 54594985.00 2050000 41 0.00 10/21/2019 WBIF Cash&Other Cash&Other Cash & Other 486,374 1.000000 486374.48 0.89% 54594985.00 2050000 41 Y
An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. The Fund may invest in foreign and emerging market securities, which carry additional risks, such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information, or unfavorable political or legal developments. An investment in the Fund varies with the success and failure of the Sub-Advisor’s investment strategies and the Sub-Advisor’s research, analysis, and determination of portfolio securities. The investment process includes the use of proprietary models and analysis that rely on third-party data and, if inaccurate, could adversely affect the Fund performance. The Fund may invest in Exchange-Traded Funds (ETFs), mutual funds, and Exchange-Traded Notes (ETNs), which will subject the Fund to additional expenses of each ETF, mutual fund, or ETN and risk of owning the underlying securities held by each. Options on securities may be subject to greater fluctuations in value than an investment in the underlying securities. The Fund may invest in Real Estate Investment Trusts (REITs). Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates, and risks related to general or local economic conditions. In addition, the Fund is subject to market risk, dividend risk, growth risk, value risk, debt security risk, high-yield security risk, master limited partnership risk, small- and medium-sized companies risk, portfolio turnover risk, securities business risk, and trading price risk.