Portfolio Composition
The process of portfolio selection pays special attention to defensive stocks (companies with products and services needed regardless of the economic cycles).
As of 4/30/25
Top 10 Holdings
| Company | % of Assets |
| The Travelers Companies, Inc | 3.38% |
| Microsoft Corp. | 2.98% |
| RTX Corporation | 2.88% |
| Waste Management, Inc | 2.82% |
| Alphabet, Inc. Class A. | 2.65% |
| Qualcomm, Inc. | 2.47% |
| Paychex, Inc. | 2.44% |
| Caterpillar, Inc. | 2.37% |
| Union Pacific Corp. | 2.24% |
| NextEra Energy Corp. | 2.21% |
Largest Holding in Each Sector
| Communications Services Alphabet Inc. | Industrials RTX Corp. |
| Consumer Goods Costco Wholesale | Materials RPM Intern. |
| Consumer Services Yum! Brands | Real Estate Simon Property |
| Energy Exxon Mobil | Technology Microsoft Inc. |
| Financial Travelers Companies | Utilities NextEra Energy |
| HealthCare Becton Dickinson |