Portfolio

Top 10 Holdings as of 3/31/2019

Johnson & Johnson 7.5%
UnitedHealth Group Incorporated 5.9%
Pfizer Inc 5.1%
Merck & Co Inc 4.7%
Anthem Inc 3.88%
Amgen Inc 3.60%
Gilead Sciences Inc 3.3%
Thermo Fisher Scientific In 2.4%
Abbott Laboratories 2.3%
CVS Health Corporation 2.2%

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

Sub-Sector Allocation as of 3/31/2019

Pharmaceuticals 26.9%
Health Care Providers & Services 21.7%
Biotechnology 17.1%
Health Care Equipment & Supplies _x000D_ 13.1%
Real Estate Investment Trusts 5.8%
Medical Devices and Diagnostics 5.3%
Repurchase Agreement 4.1%
Life Sciences Tools & Services 3.7%
Healthcare Services 0.4%
Other Assets in excess of Liabilities 1.8%

This data is subject to change on a daily basis.

Asset Allocation as of 3/31/2019

Common Stocks And Warrants 80.1%
Non-Convertible Notes 12.2%
Short-Term Investment 4.1%
Convertible Preferred And Warrants 1.2%
Corporate Bonds And Notes 0.4%
Convertible Notes 0.2%
Call Option Contracts Purchased 0.1%

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