PRODUCTS

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$21.35
- $0.01
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIACash&OtherCash&OtherCash & Other973,6451973645.376.51%1494619070000014Y
06/17/2019WBIAMMS577933104MAXIMUS INC10,08775.89765502.435.12%14946190700000140
06/17/2019WBIABAH099502106BOOZ ALLEN HAMILTON HLDG CORP CL A11,20065.187300164.88%14946190700000140
06/17/2019WBIAWEN95058W100WENDYS CO34,28719.4665167.84.45%14946190700000140
06/17/2019WBIACBRL22410J106CRACKER BARREL OLD CTRY STORE COM3,940168.32663180.84.44%14946190700000140
06/17/2019WBIACIT125581801CIT GROUP INC13,16750.19660851.734.42%14946190700000140
06/17/2019WBIAALLEG0176J109ALLEGION PUB LTD CO6,217106.02659126.344.41%14946190700000140
06/17/2019WBIAAAN002535300AARONS INC10,70260.555648059.614.34%1494619070000014374.57
06/17/2019WBIAOSK688239201OSHKOSH CORP7,99679.68637121.284.26%14946190700000140
06/17/2019WBIAHUBB443510607HUBBELL INC5,180122.71635637.84.25%14946190700000140
06/17/2019WBIADOXG02602103AMDOCS LTD10,18461.29624177.364.18%14946190700000140
06/17/2019WBIAWTS942749102WATTS WATER TECHNOLOGIES INC CL A7,00588.28618401.44.14%14946190700000140
06/17/2019WBIAMDC552676108M D C HLDGS INC18,29933.53613565.474.11%14946190700000140
06/17/2019WBIALTXB52471Y106LEGACY TEX FINL GROUP INC16,02538.22612475.54.10%14946190700000140
06/17/2019WBIAPHM745867101PULTE GROUP INC18,45432.85606213.94.06%14946190700000140
06/17/2019WBIACASY147528103CASEYS GEN STORES INC3,900151.985927223.97%14946190700000140
06/17/2019WBIARS759509102RELIANCE STEEL & ALUMINUM CO COM6,67888.94593941.323.97%14946190700000140
06/17/2019WBIAPRI74164M108PRIMERICA INC4,838120.6583462.83.90%14946190700000140
06/17/2019WBIASLGN827048109SILGAN HOLDINGS INC19,70929.37578853.333.87%14946190700000140
06/17/2019WBIAHOMB436893200HOME BANCSHARES INC28,90218.72541045.443.62%14946190700000140
06/17/2019WBIASDS74347B383PROSHARES TR ULTRASHRT S&P50016,27831.98520570.443.48%14946190700000140
06/17/2019WBIAWTFC97650W108WINTRUST FINL CORP5,918724260962.85%14946190700000140
06/17/2019WBIABWXT05605H100BWX TECHNOLOGIES INC8,19449.96409372.242.74%14946190700000140
06/17/2019WBIAIPG460690100INTERPUBLIC GROUP COS INC13,30522.07293641.351.96%14946190700000140
06/17/2019WBIAFBHS34964C106FORTUNE BRANDS HOME & SEC INC COM2,88054.01155548.81.04%14946190700000140
06/17/2019WBIASFBS81768T108SERVISFIRST BANCSHARES INC4,11632.9135416.40.91%14946190700000140
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with improving fundamental growth trends

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
700,000
14.95
$21.37
7,144
0.06%
1.08%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-8.42%
-5.19%
-3.36%
-16.86%
-1.60%
-3.70%
Market
-8.37%
-5.12%
-3.23%
-16.80%
-1.54%
-3.70%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-4.55
1.93
1.93
-10.13
0.67
-2.71
Market
-4.55
1.99
1.99
-10.43
0.69
-2.72

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: 5/31/2019
30-Day SEC Yield
0.62%
WBIA Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
MAXIMUS INC
BOOZ ALLEN HAMILTON HLDG CORP CL A
WENDYS CO
CRACKER BARREL OLD CTRY STORE COM
CIT GROUP INC
ALLEGION PUB LTD CO
AARONS INC
OSHKOSH CORP
HUBBELL INC
6.51%
5.12%
4.88%
4.45%
4.44%
4.42%
4.41%
4.34%
4.26%
4.25%
973,645
10,087
11,200
34,287
3,940
13,167
6,217
10,702
7,996
5,180
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$22.68
- $0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIBLDOS525327102LEIDOS HLDGS INC17,61178.841388451.244.90%283521251250000250
06/17/2019WBIBKBH48666K109KB HOME51,85126.461371977.464.84%283521251250000250
06/17/2019WBIBLM524901105LEGG MASON INC35,19636.681290989.284.55%283521251250000250
06/17/2019WBIBXRX984121608XEROX CORP35,32334.421215817.664.29%283521251250000250
06/17/2019WBIBSON835495102SONOCO PRODS CO18,49065.491210910.14.27%283521251250000250
06/17/2019WBIBTGNA87901J105TEGNA INC82,37014.461191070.24.20%283521251250000250
06/17/2019WBIBORI680223104OLD REP INTL CORP51,91622.811184203.964.18%283521251250000250
06/17/2019WBIBRGA759351604REINSURANCE GRP OF AMERICA INC COM NEW7,719153.451184480.554.18%283521251250000250
06/17/2019WBIBOSK688239201OSHKOSH CORP14,58079.681161734.44.10%283521251250000250
06/17/2019WBIBAGCO001084102AGCO CORP16,02672.381159961.884.09%283521251250000250
06/17/2019WBIBSIGI816300107SELECTIVE INS GROUP INC15,09176.651156725.154.08%283521251250000250
06/17/2019WBIBWGO974637100WINNEBAGO INDS INC31,16737.061155049.024.07%283521251250000250
06/17/2019WBIBGPI398905109GROUP 1 AUTOMOTIVE INC14,76477.341141847.764.03%283521251250000250
06/17/2019WBIBABM000957100ABM INDS INC28,64839.761139044.484.02%283521251250000250
06/17/2019WBIBTKR887389104TIMKEN CO23,90947.41133286.64.00%283521251250000250
06/17/2019WBIBRS759509102RELIANCE STEEL & ALUMINUM CO COM12,68088.941127759.23.98%283521251250000250
06/17/2019WBIBSLGN827048109SILGAN HOLDINGS INC38,38629.371127396.823.98%283521251250000250
06/17/2019WBIBHBI410345102HANESBRANDS INC68,03216.591128650.883.98%283521251250000250
06/17/2019WBIBSNA833034101SNAP ON INC6,874164.091127954.663.98%283521251250000250
06/17/2019WBIBDAN235825205DANA INC66,93416.541107088.363.90%283521251250000250
06/17/2019WBIBB067806109BARNES GROUP INC18,76453.04995242.563.51%283521251250000250
06/17/2019WBIBHTH432748101HILLTOP HOLDINGS INC42,60020.128571123.02%283521251250000250
06/17/2019WBIBKNL498904200KNOLL INC39,16021.558438982.98%283521251250000250
06/17/2019WBIBCash&OtherCash&OtherCash & Other587,0241587023.632.07%28352125125000025Y
06/17/2019WBIBIPG460690100INTERPUBLIC GROUP COS INC25,23822.07557002.661.96%283521251250000250
06/17/2019WBIBPKG695156109PACKAGING CORP AMER4,14495.32395006.081.39%283521251250000250
06/17/2019WBIBMERC588056101MERCER INTL INC24,54315.32375998.761.33%283521251250000250
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with consistent fundamentals and strong value characteristics

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,250,000
28.35
$22.67
8,188
-0.05%
1.06%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.97%
-0.39%
4.66%
-9.72%
1.20%
-2.12%
Market
-6.90%
-0.55%
4.76%
-9.56%
1.22%
-2.14%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.39
5.07
5.07
-10.35
1.39
-2.11
Market
-1.28
5.34
5.34
-10.70
1.45
-2.10

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: 5/31/2019
30-Day SEC Yield
0.81%
WBIB Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
LEIDOS HLDGS INC
KB HOME
LEGG MASON INC
XEROX CORP
SONOCO PRODS CO
TEGNA INC
OLD REP INTL CORP
REINSURANCE GRP OF AMERICA INC COM NEW
OSHKOSH CORP
AGCO CORP
4.90%
4.84%
4.55%
4.29%
4.27%
4.20%
4.18%
4.18%
4.10%
4.09%
17,611
51,851
35,196
35,323
18,490
82,370
51,916
7,719
14,580
16,026
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$18.94
- $0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBICCash&OtherCash&OtherCash & Other8,014,07418014073.9520.15%39774000210000042Y
06/17/2019WBICREG3223R108EVEREST RE GROUP LTD7,730251.051940616.54.88%397740002100000420
06/17/2019WBICWYND98310W108WYNDHAM DESTINATIONS INC45,20042.8319359164.87%397740002100000420
06/17/2019WBICPACW695263103PACWEST BANCORP DEL50,19038.391926794.14.84%397740002100000420
06/17/2019WBICSON835495102SONOCO PRODS CO28,85465.491889648.464.75%397740002100000420
06/17/2019WBICDIN254423106DINE BRANDS GLOBAL INC17,98096.791740284.24.38%397740002100000420
06/17/2019WBICUVV913456109UNIVERSAL CORP VA29,41059.031736072.34.36%397740002100000420
06/17/2019WBICIPG460690100INTERPUBLIC GROUP COS INC77,53022.071711087.14.30%397740002100000420
06/17/2019WBICMDC552676108M D C HLDGS INC49,36733.531655275.514.16%397740002100000420
06/17/2019WBICSCS858155203STEELCASE INC92,42217.471614612.344.06%397740002100000420
06/17/2019WBICHBI410345102HANESBRANDS INC96,65116.591603440.094.03%397740002100000420
06/17/2019WBICKNL498904200KNOLL INC74,28421.551600820.24.02%397740002100000420
06/17/2019WBICCBT127055101CABOT CORP35,00745.471591768.294.00%397740002100000420
06/17/2019WBICMCY589400100MERCURY GENL CORP NEW26,14060.711586959.43.99%397740002100000420
06/17/2019WBICWSM969904101WILLIAMS SONOMA INC25,93161.271588792.373.99%397740002100000420
06/17/2019WBICMERC588056101MERCER INTL INC103,38715.321583888.843.98%397740002100000420
06/17/2019WBICSDS74347B383PROSHARES TR ULTRASHRT S&P50043,30131.981384765.983.48%397740002100000420
06/17/2019WBICNHC635906100NATIONAL HEALTHCARE CORP12,64381.311028002.332.58%397740002100000420
06/17/2019WBICFNB302520101FNB CORP PA84,11511.45963116.752.42%397740002100000420
06/17/2019WBICFHN320517105FIRST HORIZON NATL CORP65,58214.54953562.282.40%397740002100000420
06/17/2019WBICJW/A968223206WILEY JOHN & SONS INC17,35845.58791177.641.99%397740002100000420
06/17/2019WBICNAVI63938C108NAVIENT CORPORATION37,13513.33495009.551.24%397740002100000420
06/17/2019WBICARDL0223L101ARDAGH GROUP S A19,65615.16297984.960.75%397740002100000420
06/17/2019WBICPRK700658107PARK NATL CORP1,27998.97126582.630.32%397740002100000420
Fund Goals

  • Manage risk to capital
  • Generate an attractive current yield that helps to promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities that present themselves as undervalued opportunities with attractive dividend yields

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,100,000
39.77
$18.93
19,977
-0.08%
1.06%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-8.52%
-5.75%
-6.93%
-17.76%
-2.13%
-4.97%
Market
-8.46%
-5.90%
-6.96%
-17.96%
-2.14%
-5.00%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.00
-1.26
-1.26
-8.92
-0.60
-3.92
Market
-5.84
-1.13
-1.13
-9.12
-0.54
-3.92

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: 5/31/2019
30-Day SEC Yield
2.56%
WBIC Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
EVEREST RE GROUP LTD
WYNDHAM DESTINATIONS INC
PACWEST BANCORP DEL
SONOCO PRODS CO
DINE BRANDS GLOBAL INC
UNIVERSAL CORP VA
INTERPUBLIC GROUP COS INC
M D C HLDGS INC
STEELCASE INC
20.15%
4.88%
4.87%
4.84%
4.75%
4.38%
4.36%
4.30%
4.16%
4.06%
8,014,074
7,730
45,200
50,190
28,854
17,980
29,410
77,530
49,367
92,422
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$19.43
- $0.03
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIDCash&OtherCash&OtherCash & Other1,021,73011021729.519.56%1068919555000011Y
06/17/2019WBIDEVTC30040P103EVERTEC INC17,66229.95528976.94.95%10689195550000110
06/17/2019WBIDLPLA50212V100LPL FINL HLDGS INC6,25483.88524585.524.91%10689195550000110
06/17/2019WBIDTTEK88162G103TETRA TECH INC NEW7,13771.22508297.144.76%10689195550000110
06/17/2019WBIDCBRL22410J106CRACKER BARREL OLD CTRY STORE COM3,013168.32507148.164.74%10689195550000110
06/17/2019WBIDUCBI90984P303UNITED CMNTY BKS BLAIRSVLE GA COM18,09427.48497223.124.65%10689195550000110
06/17/2019WBIDNSP45778Q107INSPERITY INC4,067122.08496499.364.64%10689195550000110
06/17/2019WBIDCHE16359R103CHEMED CORP NEW1,406346.66487403.964.56%10689195550000110
06/17/2019WBIDWGO974637100WINNEBAGO INDS INC13,13337.06486708.984.55%10689195550000110
06/17/2019WBIDAYI00508Y102ACUITY BRANDS INC3,632133.54848724.54%10689195550000110
06/17/2019WBIDEHC29261A100ENCOMPASS HEALTH CORP8,08959.88484369.324.53%10689195550000110
06/17/2019WBIDPHM745867101PULTE GROUP INC14,46932.85475306.654.45%10689195550000110
06/17/2019WBIDITT45073V108ITT INC7,25362.33452079.494.23%10689195550000110
06/17/2019WBIDEME29084Q100EMCOR GROUP INC5,20283.61434939.224.07%10689195550000110
06/17/2019WBIDSNA833034101SNAP ON INC2,640164.09433197.64.05%10689195550000110
06/17/2019WBIDRDN750236101RADIAN GROUP INC18,55023.29432029.54.04%10689195550000110
06/17/2019WBIDRS759509102RELIANCE STEEL & ALUMINUM CO COM4,84088.94430469.64.03%10689195550000110
06/17/2019WBIDLTXB52471Y106LEGACY TEX FINL GROUP INC11,06938.22423057.183.96%10689195550000110
06/17/2019WBIDTER880770102TERADYNE INC9,06944.03399308.073.74%10689195550000110
06/17/2019WBIDSDS74347B383PROSHARES TR ULTRASHRT S&P50011,67331.98373302.543.49%10689195550000110
06/17/2019WBIDCSWI126402106CSW INDUSTRIALS INC3,19767.65216277.052.02%10689195550000110
06/17/2019WBIDIOSP45768S105INNOSPEC INC1,89285.65162049.81.52%10689195550000110
06/17/2019WBIDTMK891027104TORCHMARK CORP1,82089.17162289.41.52%10689195550000110
06/17/2019WBIDKNL498904200KNOLL INC6,90321.55148759.651.39%10689195550000110
06/17/2019WBIDHLI441593100HOULIHAN LOKEY INC2,54045.14114655.61.07%10689195550000110
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in small and midcap domestic and foreign securities with attractive value characteristics and prospects for financial stability

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
550,000
10.69
$19.42
7,142
-0.10%
1.06%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-8.79%
-8.09%
-9.07%
-19.88%
-1.55%
-5.00%
Market
-8.92%
-8.14%
-9.12%
-19.84%
-1.57%
-5.04%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-4.76
-1.07
-1.07
-11.34
1.07
-3.42
Market
-4.82
-1.07
-1.07
-11.84
1.09
-3.45

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: 5/31/2019
30-Day SEC Yield
0.71%
WBID Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
EVERTEC INC
LPL FINL HLDGS INC
TETRA TECH INC NEW
CRACKER BARREL OLD CTRY STORE COM
UNITED CMNTY BKS BLAIRSVLE GA COM
INSPERITY INC
CHEMED CORP NEW
WINNEBAGO INDS INC
ACUITY BRANDS INC
9.56%
4.95%
4.91%
4.76%
4.74%
4.65%
4.64%
4.56%
4.55%
4.54%
1,021,730
17,662
6,254
7,137
3,013
18,094
4,067
1,406
13,133
3,632
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$26.71
$0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIECash&OtherCash&OtherCash & Other16,519,556116519556.1625.00%62774610235000047Y
06/17/2019WBIEHSY427866108HERSHEY CO23,782138.323289526.245.35%627746102350000470
06/17/2019WBIEPGR743315103PROGRESSIVE CORP OHIO36,95681.963028913.764.93%627746102350000470
06/17/2019WBIENDAQ631103108NASDAQ INC31,08895.712975432.484.84%627746102350000470
06/17/2019WBIETSCO892356106TRACTOR SUPPLY CO26,999106.142865673.864.66%627746102350000470
06/17/2019WBIEMSI620076307MOTOROLA SOLUTIONS INC17,263160.352768122.054.50%627746102350000470
06/17/2019WBIENEE65339F101NEXTERA ENERGY INC12,880206.962665644.84.34%627746102350000470
06/17/2019WBIEHON438516106HONEYWELL INTL INC15,161172.812619972.414.26%627746102350000470
06/17/2019WBIENOC666807102NORTHROP GRUMMAN CORP8,417309.432604472.314.24%627746102350000470
06/17/2019WBIEPNC693475105PNC FINL SVCS GROUP INC19,194135.212595220.744.22%627746102350000470
06/17/2019WBIEHD437076102HOME DEPOT INC12,591205.772590850.074.13%627746102350000470
06/17/2019WBIEROST778296103ROSS STORES INC25,277100.972552218.694.07%627746102350000470
06/17/2019WBIEUNH91324P102UNITEDHEALTH GROUP INC10,086245.372474801.824.03%627746102350000470
06/17/2019WBIEFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM61,75239.862461434.724.00%627746102350000470
06/17/2019WBIEEXPE30212P303EXPEDIA GROUP INC19,237126.812439443.973.97%627746102350000470
06/17/2019WBIEATVI00507V109ACTIVISION BLIZZARD INC52,75245.622406546.243.92%627746102350000470
06/17/2019WBIEABBV00287Y109ABBVIE INC30,39178.692391467.793.89%627746102350000470
06/17/2019WBIESDS74347B383PROSHARES TR ULTRASHRT S&P50069,70631.982229197.883.55%627746102350000470
06/17/2019WBIEKEY493267108KEYCORP NEW76,76517.151316519.752.14%627746102350000470
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities with improving fundamental growth trends

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,400,000
64.11
$26.71
36,819
-0.01%
1.05%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-4.89%
0.50%
4.44%
2.30%
6.85%
1.59%
Market
-4.72%
0.68%
4.62%
2.43%
6.94%
1.61%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-1.60
3.91
3.91
1.67
6.29
1.54
Market
-1.52
3.92
3.92
1.60
6.31
1.52

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: 5/31/2019
30-Day SEC Yield
1.00%
WBIE Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
HERSHEY CO
PROGRESSIVE CORP OHIO
NASDAQ INC
TRACTOR SUPPLY CO
MOTOROLA SOLUTIONS INC
NEXTERA ENERGY INC
HONEYWELL INTL INC
NORTHROP GRUMMAN CORP
PNC FINL SVCS GROUP INC
25.00%
5.35%
4.93%
4.84%
4.66%
4.50%
4.34%
4.26%
4.24%
4.22%
16,519,556
23,782
36,956
31,088
26,999
17,263
12,880
15,161
8,417
19,194
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$27.01
- $0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIFCash&OtherCash&OtherCash & Other21,864,156121864155.8542.61%51318050190000038Y
06/17/2019WBIFAMP03076C106AMERIPRISE FINL INC15,632153.532399980.964.68%513180501900000380
06/17/2019WBIFNXPIN6596X109NXP SEMICONDUCTORS N V24,89890.892262979.224.41%513180501900000380
06/17/2019WBIFNOC666807102NORTHROP GRUMMAN CORP7,239309.432239963.774.36%513180501900000380
06/17/2019WBIFOMC681919106OMNICOM GROUP INC28,04579.362225651.24.34%513180501900000380
06/17/2019WBIFBMY110122108BRISTOL MYERS SQUIBB CO46,22647.562198508.564.28%513180501900000380
06/17/2019WBIFTELH84989104TE CONNECTIVITY LTD23,50690.662131053.964.15%513180501900000380
06/17/2019WBIFDAL247361702DELTA AIR LINES INC DEL37,42055.992095145.84.08%513180501900000380
06/17/2019WBIFUNH91324P102UNITEDHEALTH GROUP INC8,415245.372064788.554.02%513180501900000380
06/17/2019WBIFRTN755111507RAYTHEON CO11,639177.352064176.654.02%513180501900000380
06/17/2019WBIFDFS254709108DISCOVER FINL SVCS26,43477.452047313.33.99%513180501900000380
06/17/2019WBIFKEY493267108KEYCORP NEW113,21617.151941654.43.78%513180501900000380
06/17/2019WBIFUSB902973304US BANCORP DEL36,19452.621904528.283.71%513180501900000380
06/17/2019WBIFSDS74347B383PROSHARES TR ULTRASHRT S&P50056,00031.9817908803.49%513180501900000380
06/17/2019WBIFHBAN446150104HUNTINGTON BANCSHARES INC118,50613.361583240.163.09%513180501900000380
06/17/2019WBIFIBKR45841N107INTERACTIVE BROKERS GROUP INC COM CL A9,02055.11497092.20.97%513180501900000380
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities with consistent fundamentals and strong value characteristics

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,900,000
51.32
$27.00
20,036
-0.04%
1.05%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-6.78%
-4.45%
-2.52%
-4.70%
7.58%
2.11%
Market
-6.76%
-4.46%
-2.64%
-4.76%
7.58%
2.09%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-2.71
2.02
2.02
-0.02
9.07
3.20
Market
-2.70
1.90
1.90
-0.34
9.11
3.19

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: 5/31/2019
30-Day SEC Yield
1.26%
WBIF Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
AMERIPRISE FINL INC
NXP SEMICONDUCTORS N V
NORTHROP GRUMMAN CORP
OMNICOM GROUP INC
BRISTOL MYERS SQUIBB CO
TE CONNECTIVITY LTD
DELTA AIR LINES INC DEL
UNITEDHEALTH GROUP INC
RAYTHEON CO
42.61%
4.68%
4.41%
4.36%
4.34%
4.28%
4.15%
4.08%
4.02%
4.02%
21,864,156
15,632
24,898
7,239
28,045
46,226
23,506
37,420
8,415
11,639
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$23.93
$0.00
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIGCash&OtherCash&OtherCash & Other18,693,071118693070.6823.66%75,390,525.00315000063Y
06/17/2019WBIGT00206R102AT&T INC113,98532.353687414.754.97%753905253150000630
06/17/2019WBIGJCIG51502105JOHNSON CTLS INTL PLC90,76239.953625941.94.89%753905253150000630
06/17/2019WBIGCCEPG25839104COCA COLA EUROPEAN PARTNERS P SHS62,85356.743566279.224.81%753905253150000630
06/17/2019WBIGHIG416515104HARTFORD FINL SVCS GROUP INC COM63,60254.953494929.94.71%753905253150000630
06/17/2019WBIGGILD375558103GILEAD SCIENCES INC49,97866.363316540.084.47%753905253150000630
06/17/2019WBIGDAL247361702DELTA AIR LINES INC DEL58,32155.993265392.794.40%753905253150000630
06/17/2019WBIGTRV89417E109TRAVELERS COMPANIES INC21,541150.113233519.514.36%753905253150000630
06/17/2019WBIGOMC681919106OMNICOM GROUP INC40,62079.363223603.24.34%753905253150000630
06/17/2019WBIGBMY110122108BRISTOL MYERS SQUIBB CO66,88147.563180860.364.29%753905253150000630
06/17/2019WBIGAES00130H105AES CORP181,19117.093096554.194.17%753905253150000630
06/17/2019WBIGEXC30161N101EXELON CORP60,16950.83056585.24.12%753905253150000630
06/17/2019WBIGLMT539830109LOCKHEED MARTIN CORP8,680350.143039215.24.09%753905253150000630
06/17/2019WBIGVIAB92553P201VIACOM INC NEW101,95329.392996398.674.04%753905253150000630
06/17/2019WBIGDRI237194105DARDEN RESTAURANTS INC24,723119.682958848.643.99%753905253150000630
06/17/2019WBIGSYF87165B103SYNCHRONY FINL86,71833.952944076.13.97%753905253150000630
06/17/2019WBIGUSB902973304US BANCORP DEL50,33852.622648785.563.57%753905253150000630
06/17/2019WBIGSDS74347B383PROSHARES TR ULTRASHRT S&P50083,28931.982663582.223.53%753905253150000630
06/17/2019WBIGPNC693475105PNC FINL SVCS GROUP INC10,418135.211408617.781.90%753905253150000630
06/17/2019WBIGPRU744320102PRUDENTIAL FINL INC12,89499.231279471.621.72%753905253150000630
Fund Goals

  • Manage risk to capital
  • Generate an attractive current yield that helps to promote compounding
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities that present themselves as undervalued opportunities with attractive dividend yields

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,200,000
76.59
$23.93
34,385
-0.01%
1.04%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.74%
-5.12%
-0.06%
-6.37%
5.79%
-0.31%
Market
-5.76%
-5.19%
0.00%
-6.39%
5.79%
-0.34%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.56
5.34
5.34
-1.79
7.15
0.83
Market
0.68
5.47
5.47
-2.15
7.18
0.80

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: 5/31/2019
30-Day SEC Yield
2.50%
WBIG Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
Cash & Other
AT&T INC
JOHNSON CTLS INTL PLC
COCA COLA EUROPEAN PARTNERS P SHS
HARTFORD FINL SVCS GROUP INC COM
GILEAD SCIENCES INC
DELTA AIR LINES INC DEL
TRAVELERS COMPANIES INC
OMNICOM GROUP INC
BRISTOL MYERS SQUIBB CO
23.66%
4.97%
4.89%
4.81%
4.71%
4.47%
4.40%
4.36%
4.34%
4.29%
18,693,071
113,985
90,762
62,853
63,602
49,978
58,321
21,541
40,620
66,881
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$27.17
- $0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBILKO191216100COCA COLA CO57,06851.312928159.084.79%611313752250000450
06/17/2019WBILOMC681919106OMNICOM GROUP INC35,91279.362849976.324.66%611313752250000450
06/17/2019WBILCINF172062101CINCINNATI FINL CORP27,090103.542804898.64.59%611313752250000450
06/17/2019WBILPFE717081103PFIZER INC63,63642.762721075.364.45%611313752250000450
06/17/2019WBILCHD171340102CHURCH & DWIGHT INC34,79377.162684627.884.39%611313752250000450
06/17/2019WBILACNG1151C101ACCENTURE PLC IRELAND14,452184.972673186.444.37%611313752250000450
06/17/2019WBILCCEPG25839104COCA COLA EUROPEAN PARTNERS P SHS47,08356.742671489.424.37%611313752250000450
06/17/2019WBILWMT931142103WALMART INC23,942109.072611353.944.27%611313752250000450
06/17/2019WBILBR11133T103BROADRIDGE FINL SOLUTIONS INC COM19,989130.152601568.354.26%611313752250000450
06/17/2019WBILV92826C839VISA INC15,268169.662590368.884.24%611313752250000450
06/17/2019WBILHRL440452100HORMEL FOODS CORP61,51841.432548690.744.17%611313752250000450
06/17/2019WBILHD437076102HOME DEPOT INC12,252205.772521094.044.12%611313752250000450
06/17/2019WBILMSFT594918104MICROSOFT CORP18,980132.4525139014.11%611313752250000450
06/17/2019WBILMMC571748102MARSH & MCLENNAN COS INC25,16698.182470797.884.04%611313752250000450
06/17/2019WBILDG256677105DOLLAR GEN CORP NEW18,153135.692463180.574.03%611313752250000450
06/17/2019WBILIEX45167R104IDEX CORP15,436159.682464820.484.03%611313752250000450
06/17/2019WBILFDS303075105FACTSET RESH SYS INC8,289296.332456279.374.02%611313752250000450
06/17/2019WBILHRS413875105HARRIS CORP DEL12,888190.62456452.84.02%611313752250000450
06/17/2019WBILTGT87612E106TARGET CORP27,64487.792426866.763.97%611313752250000450
06/17/2019WBILVIAB92553P201VIACOM INC NEW82,42329.392422411.973.96%611313752250000450
06/17/2019WBILCDW12514G108CDW CORP22,511104.242346546.643.84%611313752250000450
06/17/2019WBILERIE29530P102ERIE INDTY CO9,483247.232344482.093.84%611313752250000450
06/17/2019WBILTRV89417E109TRAVELERS COMPANIES INC14,049150.112108895.393.45%611313752250000450
06/17/2019WBILPEP713448108PEPSICO INC14,326132.731901489.983.11%611313752250000450
06/17/2019WBILCash&OtherCash&OtherCash & Other547,0441547044.070.89%61131375225000045Y
Fund Goals

  • Manage risk to capital
  • Seeks to provide attractive returns and long-term growth of capital
  • Typically invests in large-cap domestic and foreign securities with attractive value characteristics and prospects for financial stability

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,250,000
61.13
$27.19
17,376
0.06%
1.07%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-5.26%
-1.07%
5.94%
-0.70%
7.11%
1.45%
Market
-5.34%
-1.12%
5.81%
-0.87%
7.11%
1.41%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.81
7.08
7.08
-0.34
7.45
1.74
Market
0.79
7.02
7.02
-0.75
7.45
1.72

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: 5/31/2019
30-Day SEC Yield
0.63%
WBIL Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
COCA COLA CO
OMNICOM GROUP INC
CINCINNATI FINL CORP
PFIZER INC
CHURCH & DWIGHT INC
ACCENTURE PLC IRELAND
COCA COLA EUROPEAN PARTNERS P SHS
WALMART INC
BROADRIDGE FINL SOLUTIONS INC COM
VISA INC
4.79%
4.66%
4.59%
4.45%
4.39%
4.37%
4.37%
4.27%
4.26%
4.24%
57,068
35,912
27,090
63,636
34,793
14,452
47,083
23,942
19,989
15,268
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$25.01
$0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIISPTL78464A664SPDR SERIES TRUST PORTFOLIO LN TSR1,086,99037.8241109961.829.36%14004368056000001120
06/17/2019WBIIVGLT92206C847VANGUARD SCOTTSDALE FDS LONG TERM TREAS508,98680.7541100619.529.35%14004368056000001120
06/17/2019WBIITLT464287432ISHARES TR 20 YR TR BD ETF215,739131.4628361048.9420.25%14004368056000001120
06/17/2019WBIISHYG46434V407ISHARES TR 0-5YR HI YL CP305,52546.41417636010.12%14004368056000001120
06/17/2019WBIISJNK78468R408SPDR SERIES TRUST BLOOMBERG SRT TR523,64227.0614169752.5210.12%14004368056000001120
06/17/2019WBIICash&OtherCash&OtherCash & Other1,122,43711122436.840.80%1400436805600000112Y
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: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
5,600,000
140.04
$24.99
55,037
-0.09%
1.28%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
1.39%
2.29%
5.44%
8.61%
3.01%
2.26%
Market
1.38%
2.31%
5.49%
8.53%
3.02%
2.23%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.97
3.08
3.08
4.36
2.07
1.84
Market
0.93
3.11
3.11
4.13
1.96
1.80

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: 5/31/2019
30-Day SEC Yield
4.01%
WBII Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
SPDR SERIES TRUST PORTFOLIO LN TSR
VANGUARD SCOTTSDALE FDS LONG TERM TREAS
ISHARES TR 20 YR TR BD ETF
ISHARES TR 0-5YR HI YL CP
SPDR SERIES TRUST BLOOMBERG SRT TR
Cash & Other
29.36%
29.35%
20.25%
10.12%
10.12%
0.80%
1,086,990
508,986
215,739
305,525
523,642
1,122,437
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$24.33
- $0.10
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBIYF345370860FORD MTR CO DEL560,8519.985597292.985.41%1046005104300000860
06/17/2019WBIYT00206R102AT&T INC168,87732.355463170.955.28%1046005104300000860
06/17/2019WBIYABBV00287Y109ABBVIE INC69,01278.695430554.285.25%1046005104300000860
06/17/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC91,31858.285322013.045.15%1046005104300000860
06/17/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM37,768135.155104345.24.94%1046005104300000860
06/17/2019WBIYCVX166764100CHEVRON CORP NEW41,834120.815053965.544.89%1046005104300000860
06/17/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC107,11344.264740821.384.58%1046005104300000860
06/17/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW59,28876.764550946.884.40%1046005104300000860
06/17/2019WBIYWRK96145D105WESTROCK CO110,49836.053983452.93.85%1046005104300000860
06/17/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC177,06122.073907736.273.78%1046005104300000860
06/17/2019WBIYIP460146103INTL PAPER CO82,14642.993531456.543.42%1046005104300000860
06/17/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -40,65786.53516830.53.40%1046005104300000860
06/17/2019WBIYHRB093671105BLOCK H & R INC120,20528.693448681.453.34%1046005104300000860
06/17/2019WBIYM55616P104MACYS INC152,05821.563278370.483.17%1046005104300000860
06/17/2019WBIYWDC958102105WESTERN DIGITAL CORP70,23836.332551746.542.47%1046005104300000860
06/17/2019WBIYTPR876030107TAPESTRY INC84,84529.542506321.32.42%1046005104300000860
06/17/2019WBIYGIS370334104GENERAL MLS INC31,48153.411681400.211.63%1046005104300000860
06/17/2019WBIYPACW695263103PACWEST BANCORP DEL44,03238.391690388.481.63%1046005104300000860
06/17/2019WBIYIVZG491BT108INVESCO LTD76,13220.641571364.481.52%1046005104300000860
06/17/2019WBIYPAGP72651A207PLAINS GP HLDGS L P59,27524.231436233.251.39%1046005104300000860
06/17/2019WBIYNYCB649445103NEW YORK CMNTY BANCORP INC144,9989.641397780.721.35%1046005104300000860
06/17/2019WBIYUMPQ904214103UMPQUA HLDGS CORP82,43816.481358578.241.31%1046005104300000860
06/17/2019WBIYHOG412822108HARLEY DAVIDSON INC39,02434.641351791.361.31%1046005104300000860
06/17/2019WBIYWU959802109WESTERN UN CO66,81720.091342353.531.30%1046005104300000860
06/17/2019WBIYFNB302520101FNB CORP PA115,07611.451317620.21.27%1046005104300000860
06/17/2019WBIYMET59156R108METLIFE INC25,78148.811258370.611.22%1046005104300000860
06/17/2019WBIYPFG74251V102PRINCIPAL FINL GROUP INC22,36155.911250203.511.21%1046005104300000860
06/17/2019WBIYKEY493267108KEYCORP NEW73,15917.151254676.851.21%1046005104300000860
06/17/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC93,14013.361244350.41.20%1046005104300000860
06/17/2019WBIYPBCT712704105PEOPLES UTD FINL INC74,00116.341209176.341.17%1046005104300000860
06/17/2019WBIYPRU744320102PRUDENTIAL FINL INC11,89699.231180440.081.14%1046005104300000860
06/17/2019WBIYNAVI63938C108NAVIENT CORPORATION87,85313.331171080.491.13%1046005104300000860
06/17/2019WBIYCVI12662P108CVR ENERGY INC23,91845.581090182.441.05%1046005104300000860
06/17/2019WBIYBGS05508R106B & G FOODS INC NEW44,80922.961028814.641.00%1046005104300000860
06/17/2019WBIYPDCO703395103PATTERSON COMPANIES INC46,09422.41032505.61.00%1046005104300000860
06/17/2019WBIYWDR930059100WADDELL & REED FINL INC49,51616.89836325.240.81%1046005104300000860
06/17/2019WBIYCHS168615102CHICOS FAS INC248,7513.37838290.870.81%1046005104300000860
06/17/2019WBIYCash&OtherCash&OtherCash & Other2,001,37112001370.50.77%104600510430000086Y
06/17/2019WBIYVIRT928254101VIRTU FINL INC36,83021.61795896.30.77%1046005104300000860
06/17/2019WBIYODP676220106OFFICE DEPOT INC404,2161.9768010.40.74%1046005104300000860
06/17/2019WBIYK487836108KELLOGG CO13,48656.63763712.180.74%1046005104300000860
06/17/2019WBIYTLRD87403A107TAILORED BRANDS INC129,0725.31685372.320.66%10460051043000008623502.96
06/17/2019WBIYHOPE43940T109HOPE BANCORP INC49,16213.31654346.220.63%1046005104300000860
06/17/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A24,42826.24640990.720.62%1046005104300000860
06/17/2019WBIYPETS716382106PETMED EXPRESS INC35,76217.6629411.20.61%1046005104300000860
06/17/2019WBIYKRO50105F105KRONOS WORLDWIDE INC39,43614.47570638.920.55%1046005104300000860
06/17/2019WBIYGEF397624107GREIF INC16,09134.87561093.170.54%1046005104300000867162.32
06/17/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM47,14111.15525622.150.51%1046005104300000860
06/17/2019WBIYHAFC410495204HANMI FINL CORP23,94521.48514338.60.50%1046005104300000860
06/17/2019WBIYSWM808541106SCHWEITZER-MAUDUIT INTL INC14,86332.48482750.240.47%1046005104300000860
06/17/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC51,0699.32475963.080.46%1046005104300000860
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: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
4,350,000
105.82
$24.31
32,189
-0.09%
0.70% / 0.85%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-9.78%
-6.48%
4.10%
-8.88%
 
1.57%
Market
-9.89%
-6.60%
4.40%
-8.82%
 
1.50%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
-1.12
11.31
11.31
0.74
 
4.72
Market
-1.10
11.78
11.78
0.57
 
4.70

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: 5/31/2019
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.77%
4.80%

WBIY Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
FORD MTR CO DEL
AT&T INC
ABBVIE INC
VERIZON COMMUNICATIONS INC
INTERNATIONAL BUSINESS MACHS COM
CHEVRON CORP NEW
SEAGATE TECHNOLOGY PLC
VALERO ENERGY CORP NEW
WESTROCK CO
INTERPUBLIC GROUP COS INC
5.41%
5.28%
5.25%
5.15%
4.94%
4.89%
4.58%
4.40%
3.85%
3.78%
560,851
168,877
69,012
91,318
37,768
41,834
107,113
59,288
110,498
177,061
Premium/Discount

The chart above shows the difference between the daily price for shares of the Fund and the Fund’s NAV (net asset value). The premium or discount is presented on the vertical axis of the chart and is shown as a percentage of NAV. The number of trading days in the period covered by the chart is indicated on the horizontal axis. The bars in the chart display the number of trading days in which the Fund traded within the premium/discount range shown. The horizontal bar for the range of ≥0.0 up to 0.5 includes the days that the Fund’s daily price matched its NAV (i.e. there was no premium or discount).

Fund Information
As of: 06/14/2019
NAV Daily Change Fact Sheet Holdings
$20.45
$0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
06/17/2019WBITSPTL78464A664SPDR SERIES TRUST PORTFOLIO LN TSR494,76737.8218712087.9440.22%46523067.52275000910
06/17/2019WBITVGLT92206C847VANGUARD SCOTTSDALE FDS LONG TERM TREAS231,68680.7518708644.540.21%46523067.52275000910
06/17/2019WBITTLT464287432ISHARES TR 20 YR TR BD ETF67,613131.468888404.9819.11%46523067.52275000910
06/17/2019WBITCash&OtherCash&OtherCash & Other213,10512131050.46%46523067.5227500091Y
Fund Goals

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

Prices
As of: 06/14/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,275,000
46.52
$20.47
16,502
0.07%
0.68%
Performance Month End
As of: 05/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
 
2.35%
2.35%
 
 
2.35%
Market
 
2.44%
2.44%
 
 
2.44%
Performance Quarter End
As of: 03/31/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
Market

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: 5/31/2019
30-Day SEC Yield
0.19%

WBIT Top Holdings
As of: 06/17/2019
Security Name Weightings Shares
SPDR SERIES TRUST PORTFOLIO LN TSR
VANGUARD SCOTTSDALE FDS LONG TERM TREAS
ISHARES TR 20 YR TR BD ETF
Cash & Other
40.22%
40.21%
19.11%
0.46%
494,767
231,686
67,613
213,105

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.

An investment in the Funds is subject to risk, including the possible loss of principal. The Funds may invest in foreign and emerging market securities which carry additional risks than investing in the United States such as currency fluctuation, economic or financial instability, and lack of timely or reliable financial information or unfavorable political or legal developments. The Funds are subject to model risk, the investment process includes the use of proprietary models and analysis which rely on third party data and if inaccurate could adversely affect the Fund performance. The Funds may invest in REITs and will be subject to the risks associated with the direct ownership of real estate and annual compliance with tax files applicable to 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 risk related to general or local economic conditions.

The Funds may invest in Exchange Traded Funds (ETFs), mutual funds and Exchange Traded Notes (ETNs) which will subject the Funds 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. Master Limited Partnership risk entails risks such as fluctuations in energy prices, decrease in supply of or demand for energy commodities.

In addition, the Funds are subject to market risk, management risk, dividend risk, growth risk, value risk, debt security risk, high-yield security risk, small and medium company risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, and trading price risk. New ETFs may also be subject to “new fund” risk in that it has no operating history and that its strategy may not be viable over time.

In addition, there are risks specific to WBIY. The Fund invests in high yielding stocks, which are often speculative, high risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. The Fund 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.