-Zacks Income ETF(AMEX:ZINC)

ZINC aims for current income and long-term capital appreciation by targeting income-producing companies. The actively managed ETF considers companies that have paid interest or dividends in the prior twelve months. Using a proprietary multi-factor strategy to identify high income potential, the fund invests more than 25% of its assets in the financial services sector. It may also invest in ADRs, REITs, MLPs, Canadian royalty trusts, and non-US stocks. Using a bottom-up approach, the advisor employs a quantitative model analyzing dividend yield, earnings, cash flows, competitive position, valuation, price-and-earnings momentum, and earnings quality. In addition, the fund also considers broader market, economic, political, and regulatory conditions. While open to any market capitalization, the fund generally focuses on large-cap companies. The portfolio is rebalanced monthly.