Strathbridge Asset Management
Blog FAQ Advisor Login Print
Home Funds Insights About Us Education & Tools Contact Us   Search
Fund Overview
Fund Features
NAVs
Distributions
Portfolio Manager Updates
Portfolio
Press Releases
Administration Governance
Financial Regulatory
Prospectus

U.S. Financials Income Fund

 

USF.UN
CLASS U

Portfolio

Monthly Portfolio List as of October 31, 2017

The following securities were included in the portfolio as at the end of the respective month. For further information on each security please click on the security name.

AMERICAN EXPRESS CO
AON PLC
BERKSHIRE HATHAWAY INC-CL B
CITIGROUP INC
INTERCONTINENTAL EXCHANGE INC
JPMORGAN CHASE & CO
MARSH & MCLENNAN COS
MORGAN STANLEY
PNC FINANCIAL SERVICES GROUP
SCHWAB (CHARLES) CORP
STATE STREET CORP
ZIONS BANCORPORATION
AMERIPRISE FINANCIAL INC
BANK OF AMERICA CORP
BLACKROCK INC
CME GROUP INC
ISHARES U.S. BROKER-DEALERS ETF
KKR & CO LP
METLIFE INC
NORTHERN TRUST CORP
PROLOGIS INC
SPDR S&P REGIONAL BANKING ETF
US BANCORP

Option Strategy

The Fund employs Strathbridge’s proprietary SSO option strategy to generate additional returns above the distributions earned on its equity securities. Click here for a detailed review of the Strathbridge Selective Overwriting (“SSO”) strategy.

Call & Put Options Summary Statistics

The following table provides summary statistics for the level of covered call writing and level of Put buying Year-to-Date for the most recently completed calendar quarter compared to the Prior Fiscal Year ended.

  YTD September 2016
  Average for
the Period
Closing
Percent
Average for
the Period
Closing
Percent
Percent of portfolio subject to covered calls 5.5% 3.1% 9.2% 2.6%
Percent of portfolio hedged with put options 0.0% 0.0% 0.0% 0.0%

Quarterly Portfolio Summary

The quarterly portfolio updates include the top 25 holdings including cash and the percentage for each holding as well as sector or geographic composition.

Top 25 Holdings as of September 30, 2017

Sector Allocations
Holding Name % of NAV
JPMORGAN CHASE & CO.      6.2%
CME GROUP INC      5.3%
CITIGROUP INC.      5.3%
AON PLC      5.2%
MORGAN STANLEY      5.2%
ISHARES U.S. BROKER-DEALERS & SECURITIES EXCHANGES ETF      5.1%
STATE STREET CORPORATION      5.1%
AMERIPRISE FINANCIAL INC      5.1%
PROLOGIS INC      4.9%
THE BLACKSTONE GROUP L.P.      4.8%
AMERICAN EXPRESS COMPANY      4.3%
KKR & CO. L.P.      4.2%
MARSH & MCLENNAN COMPANIES, INC.      4.1%
INTERCONTINENTAL EXCHANGE, INC.      4.1%
METLIFE INC.      4.1%
BANK OF AMERICA      4.1%
THE PNC FINANCIAL SERVICES GROUP      4.0%
BERKSHIRE HATHAWAY INC.      3.9%
CASH      3.1%
BLACKROCK, INC.      3.1%
THE BANK OF NEW YORK MELLON CORPORATION      2.3%
US BANCORP      2.3%
ZION BANCORP      2.1%
NORTHERN TRUST CORPORATION      2.1%
EQUITY RESIDENTIAL      2.0%

 

 

© 2017 Strathbridge Asset Management Inc.         Privacy     |    Legal     |    Trade Matching Statement