Portfolio

Top 10 Holdings as of 6/30/2020

Vertex Pharmaceuticals, Inc. 8.0%
Amgen, Inc. 7.8%
Regeneron Pharmaceuticals, Inc. 7.3%
Gilead Sciences, Inc. 7.2%
Illumina, Inc. 4.7%
Biogen, Inc. 3.6%
Seattle Genetics, Inc. 3.0%
Alexion Pharmaceuticals, Inc. 2.6%
Moderna, Inc. 2.3%
BioMarin Pharmaceutical, Inc. 2.2%

This data is subject to change on a daily basis. Percentage of net assets.

Sub-Sector Allocation as of 6/30/2020

Biotechnology 76.9%
Pharmaceuticals 12.4%
Life Sciences Tools & Services 6.6%
Health Care Equipment & Supplies 2.4%
Repurchase Agreement 1.3%
Healthcare Services 0.3%
Health Care Providers & Services 0.1%
Drug Discovery Technologies 0.1%
Other Assets in Excess of Liabilities -0.1%

This data is subject to change on a daily basis.

Asset Allocation as of 6/30/2020

Common Stocks And Warrants 93.5%
Convertible Preferred and Warrants 3.7%
Milestone Interests 1.5%
Short-Term Investment 1.3%
Convertible Notes 0.1%
Other Assets in Excess of Liabilities -0.1%

This data is subject to change on a daily basis. Percentage of net assets.