Portfolio

 

Top 10 Holdings as of 12/31/2018

Johnson & Johnson 6.0%
Novartis AG 5.3%
UnitedHealth Group Incorporated 3.6%
Medtronic plc 3.4%
AstraZeneca PLC 3.16%
Bayer AG 3.13%
Gilead Sciences, Inc. 2.9%
Roche Holding AG 2.3%
Allergan plc 2.3%
Novo Nordisk A/S 2.2%

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

Sub-Sector Allocation as of 12/31/2018

Pharmaceuticals 45.2%
Health Care Providers & Services 15.3%
Biotechnology 13.8%
Health Care Equipment & Supplies _x000D_ 11.9%
Real Estate Investment Trusts 4.4%
Repurchase Agreement 3.0%
Life Sciences Tools & Services 2.9%
Medical Devices And Diagnostics 2.9%
Healthcare Services 0.2%
Other Assets in Excess of Liabilities 0.3%

This data is subject to change on a daily basis.

Asset Allocation as of 12/31/2018

Common Stocks And Warrants 82.5%
Non-Convertible Notes 13.1%
Short-Term Investment 3.0%
Convertible Preferred And Warrants 1.0%
Convertible Notes 0.1%
Option Contracts Written -0.1%
Other Assets In Excess Of Liabilities 0.3%

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