PRODUCTS

Fund Information
As of: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$25.46
$0.30
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBIYSLB806857108SCHLUMBERGER LTD140,43035.0900004927688.705.23%94202740.003700000740.00
10/28/2019WBIYMO02209S103ALTRIA GROUP INC101,13646.8000004733164.805.02%94202740.003700000740.00
10/28/2019WBIYOXY674599105OCCIDENTAL PETE CORP111,04142.5300004722573.735.01%94202740.003700000740.00
10/28/2019WBIYPM718172109PHILIP MORRIS INTL INC54,95181.9800004504882.984.78%94202740.003700000740.00
10/28/2019WBIYABBV00287Y109ABBVIE INC58,39676.5300004469045.884.74%94202740.003700000740.00
10/28/2019WBIYT00206R102AT&T INC116,05036.9100004283405.504.55%94202740.003700000740.00
10/28/2019WBIYF345370860FORD MTR CO DEL491,5818.7200004286586.324.55%94202740.003700000740.00
10/28/2019WBIYXOM30231G102EXXON MOBIL CORP56,29569.2500003898428.754.14%94202740.003700000740.00
10/28/2019WBIYSTXG7945M107SEAGATE TECHNOLOGY PLC66,40356.9150003779326.754.01%94202740.003700000740.00
10/28/2019WBIYM55616P104MACYS INC236,78315.5800003689079.143.92%94202740.003700000740.00
10/28/2019WBIYIP460146103INTL PAPER CO68,06543.0000002926795.003.11%94202740.003700000740.00
10/28/2019WBIYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -31,82990.8300002891028.073.07%94202740.003700000740.00
10/28/2019WBIYWRK96145D105WESTROCK CO68,97838.0100002621853.782.78%94202740.003700000740.00
10/28/2019WBIYCCL143658300CARNIVAL CORP55,85244.5700002489323.642.64%94202740.003700000740.00
10/28/2019WBIYIVZG491BT108INVESCO LTD137,76117.0500002348825.052.49%94202740.003700000740.00
10/28/2019WBIYGPS364760108GAP INC125,12517.3300002168416.252.30%94202740.003700000740.00
10/28/2019WBIYKSS500255104KOHLS CORP39,69053.9600002141672.402.27%94202740.003700000740.00
10/28/2019WBIYTPR876030107TAPESTRY INC79,30426.4500002097590.802.23%94202740.003700000740.00
10/28/2019WBIYCC163851108CHEMOURS CO103,44816.7500001732754.001.84%94202740.003700000740.00
10/28/2019WBIYIPG460690100INTERPUBLIC GROUP COS INC70,12921.8500001532318.651.63%94202740.003700000740.00
10/28/2019WBIYGT382550101GOODYEAR TIRE & RUBR CO90,82716.5600001504095.121.60%94202740.003700000740.00
10/28/2019WBIYHRB093671105BLOCK H & R INC57,59325.1800001450191.741.54%94202740.003700000740.00
10/28/2019WBIYANF002896207ABERCROMBIE & FITCH CO85,25416.8500001436529.901.52%94202740.003700000740.00
10/28/2019WBIYFLR343412102FLUOR CORP NEW71,90719.8400001426634.881.51%94202740.003700000740.00
10/28/2019WBIYIBM459200101INTERNATIONAL BUSINESS MACHS COM10,513135.4400001423880.721.51%94202740.003700000740.00
10/28/2019WBIYHOG412822108HARLEY DAVIDSON INC36,05839.3900001420324.621.51%94202740.003700000740.00
10/28/2019WBIYVLO91913Y100VALERO ENERGY CORP NEW14,15999.2700001405563.931.49%94202740.003700000740.00
10/28/2019WBIYJWN655664100NORDSTROM INC37,69737.2300001403459.311.49%94202740.003700000740.00
10/28/2019WBIYVZ92343V104VERIZON COMMUNICATIONS INC21,11760.3700001274833.291.35%94202740.003700000740.00
10/28/2019WBIYPRU744320102PRUDENTIAL FINL INC13,76591.7500001262938.751.34%94202740.003700000740.00
10/28/2019WBIYKEY493267108KEYCORP NEW65,53718.2000001192773.401.27%94202740.003700000740.00
10/28/2019WBIYHBAN446150104HUNTINGTON BANCSHARES INC82,94314.4800001201014.641.27%94202740.003700000740.00
10/28/2019WBIYCash&OtherCash&OtherCash & Other1,182,0841.0000001182083.801.25%94202740.00370000074Y
10/28/2019WBIYBIG089302103BIG LOTS INC46,78823.3600001092967.681.16%94202740.003700000740.00
10/28/2019WBIYPACW695263103PACWEST BANCORP DEL24,00037.620000902880.000.96%94202740.003700000740.00
10/28/2019WBIYUFS257559203DOMTAR CORP23,46837.900000889437.200.94%94202740.003700000740.00
10/28/2019WBIYRLGY75605Y106REALOGY HLDGS CORP98,6758.830000871300.250.92%94202740.003700000740.00
10/28/2019WBIYAMC00165C104AMC ENTMT HLDGS INC88,1479.720000856788.840.91%94202740.003700000740.00
10/28/2019WBIYNAVI63938C108NAVIENT CORPORATION62,22813.670000850656.760.90%94202740.003700000740.00
10/28/2019WBIYR783549108RYDER SYS INC15,35554.830000841914.650.89%94202740.003700000740.00
10/28/2019WBIYCVI12662P108CVR ENERGY INC17,76045.590000809678.400.86%94202740.003700000740.00
10/28/2019WBIYPETS716382106PETMED EXPRESS INC20,79825.810000536796.380.57%94202740.003700000740.00
10/28/2019WBIYNEWM64704V106NEW MEDIA INVT GROUP INC56,5449.100000514550.400.55%94202740.003700000740.00
10/28/2019WBIYWDR930059100WADDELL & REED FINL INC28,01815.830000443524.940.47%94202740.003700000740.00
10/28/2019WBIYAPAM04316A108ARTISAN PARTNERS ASSET MGMT IN CL A11,20526.690000299061.450.32%94202740.003700000740.00
10/28/2019WBIYCVA22282E102COVANTA HLDG CORP19,47514.770000287645.750.31%94202740.003700000740.00
10/28/2019WBIYGEF397624107GREIF INC6,29139.630000249312.330.26%94202740.003700000740.00
10/28/2019WBIYSPTN847215100SPARTANNASH CO17,86513.890000248144.850.26%94202740.003700000740.00
10/28/2019WBIYHOPE43940T109HOPE BANCORP INC16,13314.180000228765.940.24%94202740.003700000740.00
10/28/2019WBIYETH297602104ETHAN ALLEN INTERIORS INC11,81119.370000228779.070.24%94202740.003700000740.00
10/28/2019WBIYBPFH101119105BOSTON PRIVATE FINL HLDGS INC COM19,46511.290000219759.850.23%94202740.003700000740.00
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Net/Gross Expense Ratio
3,750,000
95.48
$25.44
11,034
-0.10%
0.70% / 0.85%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.55%
0.60%
13.69%
-3.52%
 
4.64%
Market
7.43%
0.60%
13.97%
-3.69%
 
4.56%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 12/19/2016
NAV
7.55
0.60
13.69
-3.52
 
4.64
Market
7.43
0.60
13.97
-3.69
 
4.56

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: 9/30/2019
30-Day SEC Yield 30-Day Unsubsidized SEC Yield
4.89%
4.88%

WBIY Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
SCHLUMBERGER LTD
ALTRIA GROUP INC
OCCIDENTAL PETE CORP
PHILIP MORRIS INTL INC
ABBVIE INC
AT&T INC
FORD MTR CO DEL
EXXON MOBIL CORP
SEAGATE TECHNOLOGY PLC
MACYS INC
5.23%
5.02%
5.01%
4.78%
4.74%
4.55%
4.55%
4.14%
4.01%
3.92%
140,430
101,136
111,041
54,951
58,396
116,050
491,581
56,295
66,403
236,783
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$21.09
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBITHYLB233051432DBX ETF TR XTRACK USD HIGH338,80550.18000017001234.9041.87%40606912.501925000770.00
10/28/2019WBITUSHY46435U853ISHARES TR BROAD USD HIGH414,96040.94000016988462.4041.84%40606912.501925000770.00
10/28/2019WBITJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS55,815108.8600006076020.9014.96%40606912.501925000770.00
10/28/2019WBITCash&OtherCash&OtherCash & Other540,4701.000000540469.631.33%40606912.50192500077Y
Fund Goals

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

Prices
As of: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,925,000
40.61
$21.10
18,652
0.03%
0.68%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.32%
2.92%
6.47%
 
 
6.47%
Market
0.42%
2.75%
6.39%
 
 
6.39%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 5/28/2019
NAV
0.32
2.92
6.47
 
 
6.47
Market
0.42
2.75
6.39
 
 
6.39

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: 9/30/2019
30-Day SEC Yield
5.47%

WBIT Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
Cash & Other
41.87%
41.84%
14.96%
1.33%
338,805
414,960
55,815
540,470
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$20.52
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBINHYLB233051432DBX ETF TR XTRACK USD HIGH184,73350.1800009269901.9442.03%22055130.001075000430.00
10/28/2019WBINUSHY46435U853ISHARES TR BROAD USD HIGH226,31340.9400009265254.2242.01%22055130.001075000430.00
10/28/2019WBINJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS30,433108.8600003312936.3815.02%22055130.001075000430.00
10/28/2019WBINCash&OtherCash&OtherCash & Other206,6451.000000206644.520.94%22055130.00107500043Y
Fund Goals

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

Prices
As of: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
1,075,000
22.06
$20.52
2,517
-0.01%
0.77%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
0.32%
2.90%
2.90%
 
 
2.90%
Market
0.26%
2.78%
2.78%
 
 
2.78%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 7/18/2019
NAV
0.32
2.90
2.90
 
 
2.90
Market
0.26
2.78
2.78
 
 
2.78

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: 9/30/2019
30-Day SEC Yield
5.46%

WBIN Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
Cash & Other
42.03%
42.01%
15.02%
0.94%
184,733
226,313
30,433
206,645
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$25.49
$0.02
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBIIHYLB233051432DBX ETF TR XTRACK USD HIGH676,72050.18000033957809.6033.30%101960400.004000000800.00
10/28/2019WBIIUSHY46435U853ISHARES TR BROAD USD HIGH829,03040.94000033940488.2033.29%101960400.004000000800.00
10/28/2019WBIIJNK78468R622SPDR SERIES TRUST BLOOMBERG BRCLYS113,508108.86000012356480.8812.12%101960400.004000000800.00
10/28/2019WBIISHYG46434V407ISHARES TR 0-5YR HI YL CP185,98346.4500008638910.358.47%101960400.004000000800.00
10/28/2019WBIIIEF464287440ISHARES TR BARCLAYS 7 10 YR64,804111.5800007230830.327.09%101960400.004000000800.00
10/28/2019WBIIVGIT92206C706VANGUARD SCOTTSDALE FDS INTER TERM TREAS77,08066.3400005113487.205.02%101960400.004000000800.00
10/28/2019WBIICash&OtherCash&OtherCash & Other719,9091.000000719909.200.71%101960400.00400000080Y
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
4,100,000
104.51
$25.46
10,705
-0.12%
1.28%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.10%
2.60%
9.20%
10.67%
3.50%
2.81%
Market
-0.15%
2.58%
9.22%
10.60%
3.47%
2.78%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.10
2.60
9.20
10.67
3.50
2.81
Market
-0.15
2.58
9.22
10.60
3.47
2.78

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: 9/30/2019
30-Day SEC Yield
4.47%
WBII Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
DBX ETF TR XTRACK USD HIGH
ISHARES TR BROAD USD HIGH
SPDR SERIES TRUST BLOOMBERG BRCLYS
ISHARES TR 0-5YR HI YL CP
ISHARES TR BARCLAYS 7 10 YR
VANGUARD SCOTTSDALE FDS INTER TERM TREAS
Cash & Other
33.30%
33.29%
12.12%
8.47%
7.09%
5.02%
0.71%
676,720
829,030
113,508
185,983
64,804
77,080
719,909
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$26.82
$0.04
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBIECash&OtherCash&OtherCash & Other3,489,8321.0000003489832.125.92%58904615.22219627843Y
10/28/2019WBIEALLEG0176J109ALLEGION PUB LTD CO23,376113.3300002649202.084.50%58904615.222196278430.00
10/28/2019WBIECDW12514G108CDW CORP20,430124.8600002550889.804.33%58904615.222196278430.00
10/28/2019WBIEATVI00507V109ACTIVISION BLIZZARD INC43,77655.2600002419061.764.11%58904615.222196278430.00
10/28/2019WBIEFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM51,24645.5300002333230.383.96%58904615.222196278430.00
10/28/2019WBIEROST778296103ROSS STORES INC20,981110.6900002322386.893.94%58904615.222196278430.00
10/28/2019WBIEABBV00287Y109ABBVIE INC29,83676.5300002283349.083.88%58904615.222196278430.00
10/28/2019WBIEPNC693475105PNC FINL SVCS GROUP INC15,320146.6700002246984.403.81%58904615.222196278430.00
10/28/2019WBIEBMY110122108BRISTOL MYERS SQUIBB CO40,53654.9800002228669.283.78%58904615.222196278430.00
10/28/2019WBIEHD437076102HOME DEPOT INC9,219234.3800002160749.223.67%58904615.222196278430.00
10/28/2019WBIETER880770102TERADYNE INC33,83363.6200002152455.463.65%58904615.222196278430.00
10/28/2019WBIECMCSA20030N101COMCAST CORP NEW46,72545.6500002132996.253.62%58904615.222196278430.00
10/28/2019WBIEVZ92343V104VERIZON COMMUNICATIONS INC34,52960.3700002084515.733.54%58904615.222196278430.00
10/28/2019WBIEICE45866F104INTERCONTINENTAL EXCHANGE INC COM22,18791.9600002040316.523.46%58904615.222196278430.00
10/28/2019WBIECPB134429109CAMPBELL SOUP CO43,74346.4600002032299.783.45%58904615.222196278430.00
10/28/2019WBIEMXIM57772K101MAXIM INTEGRATED PRODS INC35,42957.1600002025121.643.44%58904615.222196278430.00
10/28/2019WBIESCHW808513105THE CHARLES SCHWAB CORPORATION COM47,37540.9800001941427.503.30%58904615.222196278430.00
10/28/2019WBIETXN882508104TEXAS INSTRS INC11,375120.5100001370801.252.33%58904615.222196278430.00
10/28/2019WBIEBHE08160H101BENCHMARK ELECTRS INC42,56931.5000001340923.502.28%58904615.222196278430.00
10/28/2019WBIEPG742718109PROCTER & GAMBLE CO10,844123.2500001336523.002.27%58904615.222196278430.00
10/28/2019WBIEORCL68389X105ORACLE CORP24,14854.1700001308097.162.22%58904615.222196278430.00
10/28/2019WBIEAMAT038222105APPLIED MATLS INC20,58955.7200001147219.081.95%58904615.222196278430.00
10/28/2019WBIEV92826C839VISA INC6,014177.8500001069589.901.82%58904615.222196278430.00
10/28/2019WBIEMRK58933Y105MERCK & CO INC12,85582.2600001057452.301.80%58904615.222196278430.00
10/28/2019WBIEKEY493267108KEYCORP NEW58,06118.2000001056710.201.79%58904615.222196278430.00
10/28/2019WBIEUPS911312106UNITED PARCEL SERVICE INC8,892115.7200001028982.241.75%58904615.222196278430.00
10/28/2019WBIECSCO17275R102CISCO SYS INC21,57446.9000001011820.601.72%58904615.222196278430.00
10/28/2019WBIEMSFT594918104MICROSOFT CORP6,677140.730000939654.211.60%58904615.222196278430.00
10/28/2019WBIECBOE12503M108CBOE GLOBAL MARKETS INC6,586114.100000751462.601.28%58904615.222196278430.00
10/28/2019WBIECSGS126349109CSG SYS INTL INC13,90049.890000693471.001.18%58904615.222196278430.00
10/28/2019WBIEAAN002535300AARONS INC4,59076.370000350538.300.60%58904615.222196278430.00
10/28/2019WBIEMDC552676108M D C HLDGS INC7,84344.960000352621.280.60%58904615.222196278430.00
10/28/2019WBIEPHM745867101PULTE GROUP INC7,91040.410000319643.100.54%58904615.222196278430.00
10/28/2019WBIEIBTX45384B106INDEPENDENT BK GROUP INC5,92853.630000317918.640.54%58904615.222196278430.00
10/28/2019WBIEZION989701107ZIONS BANCORPORATION N A6,48347.950000310859.850.53%58904615.222196278430.00
10/28/2019WBIEHUBB443510607HUBBELL INC2,220138.770000308069.400.52%58904615.222196278430.00
10/28/2019WBIEJBSS800422107SANFILIPPO JOHN B & SON INC3,18293.060000296116.920.50%58904615.222196278430.00
10/28/2019WBIESC80283M101SANTANDER CONSUMER USA HDG INC COM11,51325.050000288400.650.49%58904615.222196278430.00
10/28/2019WBIEDOXG02602103AMDOCS LTD4,36865.160000284618.880.48%58904615.222196278430.00
10/28/2019WBIEWEN95058W100WENDYS CO12,63121.330000269419.230.46%58904615.222196278430.00
10/28/2019WBIEMSM553530106MSC INDL DIRECT INC3,62475.540000273756.960.46%58904615.222196278430.00
10/28/2019WBIEFBHS34964C106FORTUNE BRANDS HOME & SEC INC COM4,52960.360000273370.440.46%58904615.222196278430.00
10/28/2019WBIER783549108RYDER SYS INC4,96954.830000272450.270.46%58904615.222196278430.00
10/28/2019WBIECRI146229109CARTERS INC2,65099.990000264973.500.45%58904615.222196278430.00
10/28/2019WBIERGA759351604REINSURANCE GRP OF AMERICA INC COM NEW1,669157.210000262383.490.45%58904615.222196278430.00
10/28/2019WBIEWSM969904101WILLIAMS SONOMA INC3,87669.040000267599.040.45%58904615.222196278430.00
10/28/2019WBIESLGN827048109SILGAN HOLDINGS INC8,66630.870000267519.420.45%58904615.222196278430.00
10/28/2019WBIEMWA624758108MUELLER WTR PRODS INC18,63011.710000218157.300.37%58904615.222196278430.00
10/28/2019WBIECOLM198516106COLUMBIA SPORTSWEAR CO2,13294.360000201175.520.34%58904615.222196278430.00
10/28/2019WBIEFCNCA31946M103FIRST CTZNS BANCSHARES INC N C CL A315495.940000156221.100.27%58904615.222196278430.00
10/28/2019WBIEFSS313855108FEDERAL SIGNAL CORP4,14334.010000140903.430.24%58904615.222196278430.00
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,196,279
58.90
$26.80
6,333
-0.09%
1.05%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.42%
1.67%
9.51%
-2.12%
8.84%
2.43%
Market
-0.37%
1.76%
9.59%
-2.07%
8.78%
2.43%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.42
1.67
9.51
-2.12
8.84
2.43
Market
-0.37
1.76
9.59
-2.07
8.78
2.43

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: 9/30/2019
30-Day SEC Yield
0.92%
WBIE Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
Cash & Other
ALLEGION PUB LTD CO
CDW CORP
ACTIVISION BLIZZARD INC
FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM
ROSS STORES INC
ABBVIE INC
PNC FINL SVCS GROUP INC
BRISTOL MYERS SQUIBB CO
HOME DEPOT INC
5.92%
4.50%
4.33%
4.11%
3.96%
3.94%
3.88%
3.81%
3.78%
3.67%
3,489,832
23,376
20,430
43,776
51,246
20,981
29,836
15,320
40,536
9,219
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$26.81
$0.19
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBIFCash&OtherCash&OtherCash & Other3,706,0121.0000003706011.666.04%61357505.42228831545Y
10/28/2019WBIFNXPIN6596X109NXP SEMICONDUCTORS N V26,208105.8600002774378.884.52%61357505.422288315450.00
10/28/2019WBIFCHRW12541W209C H ROBINSON WORLDWIDE INC29,82490.1100002687440.644.38%61357505.422288315450.00
10/28/2019WBIFCMI231021106CUMMINS INC14,568178.5200002600679.364.24%61357505.422288315450.00
10/28/2019WBIFBMY110122108BRISTOL MYERS SQUIBB CO46,72454.9800002568885.524.19%61357505.422288315450.00
10/28/2019WBIFGWW384802104GRAINGER W W INC7,788317.3400002471443.924.03%61357505.422288315450.00
10/28/2019WBIFCDW12514G108CDW CORP18,844124.8600002352861.843.83%61357505.422288315450.00
10/28/2019WBIFROST778296103ROSS STORES INC21,049110.6900002329913.813.80%61357505.422288315450.00
10/28/2019WBIFGL37959E102GLOBE LIFE INC23,98696.3900002312010.543.77%61357505.422288315450.00
10/28/2019WBIFVZ92343V104VERIZON COMMUNICATIONS INC38,12860.3700002301787.363.75%61357505.422288315450.00
10/28/2019WBIFCAT149123101CATERPILLAR INC DEL16,435139.7300002296462.553.74%61357505.422288315450.00
10/28/2019WBIFBBY086516101BEST BUY INC30,39673.1500002223467.403.62%61357505.422288315450.00
10/28/2019WBIFPNC693475105PNC FINL SVCS GROUP INC15,011146.6700002201663.373.59%61357505.422288315450.00
10/28/2019WBIFCMCSA20030N101COMCAST CORP NEW46,93945.6500002142765.353.49%61357505.422288315450.00
10/28/2019WBIFHD437076102HOME DEPOT INC9,034234.3800002117388.923.45%61357505.422288315450.00
10/28/2019WBIFICE45866F104INTERCONTINENTAL EXCHANGE INC COM22,28791.9600002049512.523.34%61357505.422288315450.00
10/28/2019WBIFCSGS126349109CSG SYS INTL INC39,95249.8900001993205.283.25%61357505.422288315450.00
10/28/2019WBIFPG742718109PROCTER & GAMBLE CO14,452123.2500001781209.002.90%61357505.422288315450.00
10/28/2019WBIFBHE08160H101BENCHMARK ELECTRS INC53,63631.5000001689534.002.75%61357505.422288315450.00
10/28/2019WBIFTXN882508104TEXAS INSTRS INC12,411120.5100001495649.612.44%61357505.422288315450.00
10/28/2019WBIFFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM29,64545.5300001349736.852.20%61357505.422288315450.00
10/28/2019WBIFAMAT038222105APPLIED MATLS INC21,02355.7200001171401.561.91%61357505.422288315450.00
10/28/2019WBIFMRK58933Y105MERCK & CO INC13,12582.2600001079662.501.76%61357505.422288315450.00
10/28/2019WBIFUPS911312106UNITED PARCEL SERVICE INC8,931115.7200001033495.321.68%61357505.422288315450.00
10/28/2019WBIFCSCO17275R102CISCO SYS INC21,90846.9000001027485.201.67%61357505.422288315450.00
10/28/2019WBIFV92826C839VISA INC5,345177.850000950608.251.55%61357505.422288315450.00
10/28/2019WBIFORCL68389X105ORACLE CORP17,37954.170000941420.431.53%61357505.422288315450.00
10/28/2019WBIFMSFT594918104MICROSOFT CORP6,074140.730000854794.021.39%61357505.422288315450.00
10/28/2019WBIFCFG174610105CITIZENS FINL GROUP INC23,59135.850000845737.351.38%61357505.422288315450.00
10/28/2019WBIFRJF754730109RAYMOND JAMES FINANCIAL INC8,34784.480000705154.561.15%61357505.422288315450.00
10/28/2019WBIFBBBY075896100BED BATH & BEYOND INC24,84014.270000354466.800.58%61357505.422288315450.00
10/28/2019WBIFNWL651229106NEWELL BRANDS INC17,79419.650000349652.100.57%61357505.422288315450.00
10/28/2019WBIFALK011659109ALASKA AIR GROUP INC4,87771.570000349046.890.57%61357505.422288315450.00
10/28/2019WBIFAIZ04621X108ASSURANT INC2,644125.570000332007.080.54%61357505.422288315450.00
10/28/2019WBIFCRI146229109CARTERS INC3,30499.990000330366.960.54%61357505.422288315450.00
10/28/2019WBIFSLGN827048109SILGAN HOLDINGS INC10,48630.870000323702.820.53%61357505.422288315450.00
10/28/2019WBIFFAF31847R102FIRST AMERN FINL CORP5,21562.220000324477.300.53%61357505.422288315450.00
10/28/2019WBIFKNL498904200KNOLL INC12,40926.270000325984.430.53%61357505.422288315450.00
10/28/2019WBIFFUL359694106FULLER H B CO6,41748.730000312700.410.51%61357505.422288315450.00
10/28/2019WBIFHBI410345102HANESBRANDS INC19,63515.890000312000.150.51%61357505.422288315450.00
10/28/2019WBIFPOL73179P106POLYONE CORP9,28332.210000299005.430.49%61357505.422288315450.00
10/28/2019WBIFRNST75970E107RENASANT CORP8,65434.260000296486.040.48%61357505.422288315450.00
10/28/2019WBIFSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,61878.130000282674.340.46%61357505.422288315450.00
10/28/2019WBIFXRX98421M106XEROX HOLDINGS CORP8,79330.510000268274.430.44%61357505.422288315450.00
10/28/2019WBIFSNA833034101SNAP ON INC1,591166.640000265124.240.43%61357505.422288315450.00
10/28/2019WBIFOFG67103X102OFG BANCORP12,36920.700000256038.300.42%61357505.422288315450.00
10/28/2019WBIFMSM553530106MSC INDL DIRECT INC2,46275.540000185979.480.30%61357505.422288315450.00
10/28/2019WBIFBYD103304101BOYD GAMING CORP4,89526.980000132067.100.22%61357505.422288315450.00
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,288,316
61.36
$26.83
5,056
0.06%
1.05%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.05%
-1.15%
-1.18%
-11.33%
8.12%
2.24%
Market
0.21%
-0.97%
-1.12%
-11.20%
8.15%
2.27%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.05
-1.15
-1.18
-11.33
8.12
2.24
Market
0.21
-0.97
-1.12
-11.20
8.15
2.27

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: 9/30/2019
30-Day SEC Yield
0.95%
WBIF Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
Cash & Other
NXP SEMICONDUCTORS N V
C H ROBINSON WORLDWIDE INC
CUMMINS INC
BRISTOL MYERS SQUIBB CO
GRAINGER W W INC
CDW CORP
ROSS STORES INC
GLOBE LIFE INC
VERIZON COMMUNICATIONS INC
6.04%
4.52%
4.38%
4.24%
4.19%
4.03%
3.83%
3.80%
3.77%
3.75%
3,706,012
26,208
29,824
14,568
46,724
7,788
18,844
21,049
23,986
38,128
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$23.34
$0.08
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBIGCash&OtherCash&OtherCash & Other5,990,2901.0000005990290.036.88%87076272.90373018374Y
10/28/2019WBIGTGT87612E106TARGET CORP35,888109.0200003912509.764.49%87076272.903730183740.00
10/28/2019WBIGVZ92343V104VERIZON COMMUNICATIONS INC60,01360.3700003622984.814.16%87076272.903730183740.00
10/28/2019WBIGHBAN446150104HUNTINGTON BANCSHARES INC238,10014.4800003447688.003.96%87076272.903730183740.00
10/28/2019WBIGCDW12514G108CDW CORP27,600124.8600003446136.003.96%87076272.903730183740.00
10/28/2019WBIGPNC693475105PNC FINL SVCS GROUP INC22,909146.6700003360063.033.86%87076272.903730183740.00
10/28/2019WBIGETNG29183103EATON CORP PLC38,47885.6200003294486.363.78%87076272.903730183740.00
10/28/2019WBIGBMY110122108BRISTOL MYERS SQUIBB CO59,74854.9800003284945.043.77%87076272.903730183740.00
10/28/2019WBIGQCOM747525103QUALCOMM INC39,83680.1700003193652.123.67%87076272.903730183740.00
10/28/2019WBIGCMCSA20030N101COMCAST CORP NEW68,36945.6500003121044.853.58%87076272.903730183740.00
10/28/2019WBIGHD437076102HOME DEPOT INC13,211234.3800003096394.183.56%87076272.903730183740.00
10/28/2019WBIGFNF31620R303FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM68,14245.5300003102505.263.56%87076272.903730183740.00
10/28/2019WBIGUPS911312106UNITED PARCEL SERVICE INC26,183115.7200003029896.763.48%87076272.903730183740.00
10/28/2019WBIGICE45866F104INTERCONTINENTAL EXCHANGE INC COM32,67091.9600003004333.203.45%87076272.903730183740.00
10/28/2019WBIGCPB134429109CAMPBELL SOUP CO64,51346.4600002997273.983.44%87076272.903730183740.00
10/28/2019WBIGAES00130H105AES CORP175,14616.8000002942452.803.38%87076272.903730183740.00
10/28/2019WBIGROST778296103ROSS STORES INC23,497110.6900002600882.932.99%87076272.903730183740.00
10/28/2019WBIGMRK58933Y105MERCK & CO INC28,21482.2600002320883.642.67%87076272.903730183740.00
10/28/2019WBIGMXIM57772K101MAXIM INTEGRATED PRODS INC40,42157.1600002310464.362.65%87076272.903730183740.00
10/28/2019WBIGTXN882508104TEXAS INSTRS INC16,989120.5100002047344.392.35%87076272.903730183740.00
10/28/2019WBIGCMI231021106CUMMINS INC11,460178.5200002045839.202.35%87076272.903730183740.00
10/28/2019WBIGGEF397624107GREIF INC49,62739.6300001966718.012.26%87076272.903730183740.00
10/28/2019WBIGAMAT038222105APPLIED MATLS INC30,53255.7200001701243.041.95%87076272.903730183740.00
10/28/2019WBIGKEY493267108KEYCORP NEW92,79618.2000001688887.201.94%87076272.903730183740.00
10/28/2019WBIGCSCO17275R102CISCO SYS INC31,82346.9000001492498.701.71%87076272.903730183740.00
10/28/2019WBIGABBV00287Y109ABBVIE INC17,81176.5300001363075.831.57%87076272.903730183740.00
10/28/2019WBIGPG742718109PROCTER & GAMBLE CO10,729123.2500001322349.251.52%87076272.903730183740.00
10/28/2019WBIGORCL68389X105ORACLE CORP22,63454.1700001226083.781.41%87076272.903730183740.00
10/28/2019WBIGV92826C839VISA INC6,656177.8500001183769.601.36%87076272.903730183740.00
10/28/2019WBIGCFG174610105CITIZENS FINL GROUP INC21,16835.850000758872.800.87%87076272.903730183740.00
10/28/2019WBIGDPZ25754A201DOMINOS PIZZA INC2,519271.750000684538.250.79%87076272.903730183740.00
10/28/2019WBIGCSGS126349109CSG SYS INTL INC13,76749.890000686835.630.79%87076272.903730183740.00
10/28/2019WBIGMDC552676108M D C HLDGS INC12,93944.960000581737.440.67%87076272.903730183740.00
10/28/2019WBIGTHO885160101THOR INDS INC7,03067.100000471713.000.54%87076272.903730183740.00
10/28/2019WBIGPACW695263103PACWEST BANCORP DEL12,03537.620000452756.700.52%87076272.903730183740.00
10/28/2019WBIGMSM553530106MSC INDL DIRECT INC5,95075.540000449463.000.52%87076272.903730183740.00
10/28/2019WBIGHBI410345102HANESBRANDS INC27,96715.890000444395.630.51%87076272.903730183740.00
10/28/2019WBIGDAN235825205DANA INC26,54216.500000437943.000.50%87076272.903730183740.00
10/28/2019WBIGKNL498904200KNOLL INC15,95826.270000419216.660.48%87076272.903730183740.00
10/28/2019WBIGJW/A968223206WILEY JOHN & SONS INC9,21244.600000410855.200.47%87076272.903730183740.00
10/28/2019WBIGFAF31847R102FIRST AMERN FINL CORP6,57062.220000408785.400.47%87076272.903730183740.00
10/28/2019WBIGXPER98421B100XPERI CORP19,58020.980000410788.400.47%87076272.903730183740.00
10/28/2019WBIGFHN320517105FIRST HORIZON NATL CORP24,89516.150000402054.250.46%87076272.903730183740.00
10/28/2019WBIGFHB32051X108FIRST HAWAIIAN INC14,46027.660000399963.600.46%87076272.903730183740.00
10/28/2019WBIGWSM969904101WILLIAMS SONOMA INC5,82069.040000401812.800.46%87076272.903730183740.00
10/28/2019WBIGFLO343498101FLOWERS FOODS INC17,70521.570000381896.850.44%87076272.903730183740.00
10/28/2019WBIGOMF68268W103ONEMAIN HLDGS INC8,28037.030000306608.400.35%87076272.903730183740.00
10/28/2019WBIGCAKE163072101CHEESECAKE FACTORY INC6,50041.970000272805.000.31%87076272.903730183740.00
10/28/2019WBIGHFC436106108HOLLYFRONTIER CORP2,45657.420000141023.520.16%87076272.903730183740.00
10/28/2019WBIGPRK700658107PARK NATL CORP34698.19000033973.740.04%87076272.903730183740.00
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
3,780,183
88.24
$23.34
11,286
-0.02%
1.04%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.35%
-0.61%
3.09%
-9.31%
7.72%
0.32%
Market
0.58%
-0.36%
3.36%
-9.20%
7.73%
0.33%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.35
-0.61
3.09
-9.31
7.72
0.32
Market
0.58
-0.36
3.36
-9.20
7.73
0.33

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: 9/30/2019
30-Day SEC Yield
1.76%
WBIG Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
Cash & Other
TARGET CORP
VERIZON COMMUNICATIONS INC
HUNTINGTON BANCSHARES INC
CDW CORP
PNC FINL SVCS GROUP INC
EATON CORP PLC
BRISTOL MYERS SQUIBB CO
QUALCOMM INC
COMCAST CORP NEW
6.88%
4.49%
4.16%
3.96%
3.96%
3.86%
3.78%
3.77%
3.67%
3.58%
5,990,290
35,888
60,013
238,100
27,600
22,909
38,478
59,748
39,836
68,369
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$26.00
$0.05
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
10/28/2019WBILCash&OtherCash&OtherCash & Other3,704,8011.0000003704801.097.03%52705718.41202718240Y
10/28/2019WBILCPB134429109CAMPBELL SOUP CO49,40146.4600002295170.464.35%52705718.412027182400.00
10/28/2019WBILTER880770102TERADYNE INC35,96863.6200002288284.164.34%52705718.412027182400.00
10/28/2019WBILSHW824348106SHERWIN WILLIAMS CO3,885574.9300002233603.054.24%52705718.412027182400.00
10/28/2019WBILMXIM57772K101MAXIM INTEGRATED PRODS INC38,80857.1600002218265.284.21%52705718.412027182400.00
10/28/2019WBILMSFT594918104MICROSOFT CORP15,191140.7300002137829.434.06%52705718.412027182400.00
10/28/2019WBILROST778296103ROSS STORES INC18,938110.6900002096247.223.98%52705718.412027182400.00
10/28/2019WBILCDW12514G108CDW CORP16,615124.8600002074548.903.94%52705718.412027182400.00
10/28/2019WBILBMY110122108BRISTOL MYERS SQUIBB CO36,76854.9800002021504.643.84%52705718.412027182400.00
10/28/2019WBILABBV00287Y109ABBVIE INC26,00476.5300001990086.123.78%52705718.412027182400.00
10/28/2019WBILPNC693475105PNC FINL SVCS GROUP INC13,524146.6700001983565.083.76%52705718.412027182400.00
10/28/2019WBILHD437076102HOME DEPOT INC8,317234.3800001949338.463.70%52705718.412027182400.00
10/28/2019WBILCMCSA20030N101COMCAST CORP NEW42,20845.6500001926795.203.66%52705718.412027182400.00
10/28/2019WBILICE45866F104INTERCONTINENTAL EXCHANGE INC COM20,04191.9600001842970.363.50%52705718.412027182400.00
10/28/2019WBILORCL68389X105ORACLE CORP33,54654.1700001817186.823.45%52705718.412027182400.00
10/28/2019WBILETNG29183103EATON CORP PLC20,60985.6200001764542.583.35%52705718.412027182400.00
10/28/2019WBILPG742718109PROCTER & GAMBLE CO13,874123.2500001709970.503.24%52705718.412027182400.00
10/28/2019WBILTXN882508104TEXAS INSTRS INC13,392120.5100001613869.923.06%52705718.412027182400.00
10/28/2019WBILSCHW808513105THE CHARLES SCHWAB CORPORATION COM38,72040.9800001586745.603.01%52705718.412027182400.00
10/28/2019WBILAMAT038222105APPLIED MATLS INC18,75655.7200001045084.321.98%52705718.412027182400.00
10/28/2019WBILLHX502431109L3HARRIS TECHNOLOGIES INC5,148200.9600001034542.081.96%52705718.412027182400.00
10/28/2019WBILSYY871829107SYSCO CORP12,09379.170000957402.811.82%52705718.412027182400.00
10/28/2019WBILUPS911312106UNITED PARCEL SERVICE INC8,031115.720000929347.321.76%52705718.412027182400.00
10/28/2019WBILNOC666807102NORTHROP GRUMMAN CORP2,594345.000000894930.001.70%52705718.412027182400.00
10/28/2019WBILCVBF126600105CVB FINL CORP38,07220.960000797989.121.51%52705718.412027182400.00
10/28/2019WBILV92826C839VISA INC4,116177.850000732030.601.39%52705718.412027182400.00
10/28/2019WBILMRK58933Y105MERCK & CO INC8,55782.260000703898.821.34%52705718.412027182400.00
10/28/2019WBILVZ92343V104VERIZON COMMUNICATIONS INC8,92260.370000538621.141.02%52705718.412027182400.00
10/28/2019WBILCBOE12503M108CBOE GLOBAL MARKETS INC4,706114.100000536954.601.02%52705718.412027182400.00
10/28/2019WBILCSCO17275R102CISCO SYS INC9,84246.900000461589.800.88%52705718.412027182400.00
10/28/2019WBILPHM745867101PULTE GROUP INC7,89440.410000318996.540.61%52705718.412027182400.00
10/28/2019WBILHBI410345102HANESBRANDS INC17,46915.890000277582.410.53%52705718.412027182400.00
10/28/2019WBILPNRG7S00T104PENTAIR PLC6,64041.240000273833.600.52%52705718.412027182400.00
10/28/2019WBILNEU651587107NEWMARKET CORP556471.210000261992.760.50%52705718.412027182400.00
10/28/2019WBILALK011659109ALASKA AIR GROUP INC3,58671.570000256650.020.49%52705718.412027182400.00
10/28/2019WBILRDN750236101RADIAN GROUP INC10,12025.000000253000.000.48%52705718.412027182400.00
10/28/2019WBILESNTG3198U102ESSENT GROUP LTD4,75952.910000251798.690.48%52705718.412027182400.00
10/28/2019WBILBAH099502106BOOZ ALLEN HAMILTON HLDG CORP CL A3,62968.380000248151.020.47%52705718.412027182400.00
10/28/2019WBILCRI146229109CARTERS INC2,48799.990000248675.130.47%52705718.412027182400.00
10/28/2019WBILMLHR600544100MILLER HERMAN INC5,31945.650000242812.350.46%52705718.412027182400.00
10/28/2019WBILSPR848574109SPIRIT AEROSYSTEMS HLDGS INC COM CL A3,09678.130000241890.480.46%52705718.412027182400.00
10/28/2019WBILCSWI126402106CSW INDUSTRIALS INC3,40868.030000231846.240.44%52705718.412027182400.00
10/28/2019WBILTRMK898402102TRUSTMARK CORP6,66034.360000228837.600.43%52705718.412027182400.00
10/28/2019WBILHLI441593100HOULIHAN LOKEY INC4,85246.470000225472.440.43%52705718.412027182400.00
10/28/2019WBILJBSS800422107SANFILIPPO JOHN B & SON INC2,43293.060000226321.920.43%52705718.412027182400.00
10/28/2019WBILFII314211103FEDERATED INVS INC PA7,48430.490000228187.160.43%52705718.412027182400.00
10/28/2019WBILKNL498904200KNOLL INC8,15826.270000214310.660.41%52705718.412027182400.00
10/28/2019WBILCSGS126349109CSG SYS INTL INC4,36349.890000217670.070.41%52705718.412027182400.00
10/28/2019WBILOSK688239201OSHKOSH CORP2,34382.430000193133.490.37%52705718.412027182400.00
10/28/2019WBILLSTR515098101LANDSTAR SYS INC1,481118.510000175513.310.33%52705718.412027182400.00
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
2,077,183
54.01
$25.98
4,452
-0.09%
1.07%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.62%
-1.76%
8.95%
-4.78%
8.52%
1.91%
Market
-0.56%
-1.73%
8.95%
-4.72%
8.48%
1.90%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
-0.62
-1.76
8.95
-4.78
8.52
1.91
Market
-0.56
-1.73
8.95
-4.72
8.48
1.90

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. For most recent month-end performance, please see the monthly performance tab.

Fund Characteristics
As of: 9/30/2019
30-Day SEC Yield
0.71%
WBIL Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
Cash & Other
CAMPBELL SOUP CO
TERADYNE INC
SHERWIN WILLIAMS CO
MAXIM INTEGRATED PRODS INC
MICROSOFT CORP
ROSS STORES INC
CDW CORP
BRISTOL MYERS SQUIBB CO
ABBVIE INC
7.03%
4.35%
4.34%
4.24%
4.21%
4.06%
3.98%
3.94%
3.84%
3.78%
3,704,801
49,401
35,968
3,885
38,808
15,191
18,938
16,615
36,768
26,004
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$22.02
$0.01
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
300,000
6.61
$21.99
851
-0.15%
1.08%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.60%
-0.62%
2.50%
-10.80%
0.36%
-2.34%
Market
0.66%
-0.54%
2.55%
-10.87%
0.30%
-2.35%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.60
-0.62
2.50
-10.80
0.36
-2.34
Market
0.66
-0.54
2.55
-10.87
0.30
-2.35

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: 9/30/2019
30-Day SEC Yield
0.93%
WBIA Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$22.09
$0.10
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
350,000
7.73
$22.07
922
-0.08%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
1.28%
-5.07%
6.33%
-5.79%
0.73%
-1.68%
Market
1.29%
-5.01%
6.47%
-5.87%
0.72%
-1.69%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
1.28
-5.07
6.33
-5.79
0.73
-1.68
Market
1.29
-5.01
6.47
-5.87
0.72
-1.69

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: 9/30/2019
30-Day SEC Yield
1.28%
WBIB Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$18.26
$0.11
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
550,000
10.04
$18.24
1,232
-0.10%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.14%
-4.50%
-7.54%
-18.11%
-2.68%
-4.77%
Market
0.23%
-4.27%
-7.50%
-18.11%
-2.70%
-4.79%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.14
-4.50
-7.54
-18.11
-2.68
-4.77
Market
0.23
-4.27
-7.50
-18.11
-2.70
-4.79

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: 9/30/2019
30-Day SEC Yield
1.54%
WBIC Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
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: 10/25/2019
NAV Daily Change Fact Sheet Holdings
$19.69
$0.00
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
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: 10/25/2019
Shares Outstanding Fund Size ($M) Closing Bid/Ask (Midpoint) Daily Volume Premium/Discount Expense Ratio
300,000
5.91
$19.66
946
-0.15%
1.06%
Performance Month End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.87%
-2.56%
-6.72%
-18.60%
-1.45%
-4.20%
Market
0.93%
-2.41%
-6.69%
-18.65%
-1.49%
-4.22%
Performance Quarter End
As of: 09/30/2019
Name MTD QTD YTD 1 Year 3 Year Since Inception 8/25/2014
NAV
0.87
-2.56
-6.72
-18.60
-1.45
-4.20
Market
0.93
-2.41
-6.69
-18.65
-1.49
-4.22

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: 9/30/2019
30-Day SEC Yield
0.51%
WBID Top Holdings
As of: 10/28/2019
Security Name Weightings Shares
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).

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.

In addition, there are risks specific to WBIT and WBIN, including interest rate risk and credit risk. 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 and changes in value based on public perception of the issuer.