ITB -- Contrarian Alert!
DJ Dow US Home Construction Index (ITB)
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Home Construction Index. The Index measures the performance of the home construction sector of the U.S. equity market.
Market Cap $93,840,000
Net Assets $97,000,000
NAV $21.42
Prem/Discount 3.08%
Shares Outstanding 4,250,000
Avg Daily Vol 478,000
Dividend Yield % 1.17
Latest Dividend $0.06 - 06/28/2007
Top 10 Holdings
Company Name % of Total
Portfolio Dollar Value
(in thousands)
D R HORTON INC 6.44% $6,246.80
CENTEX CORP 6.28% $6,091.60
NVR INC 6.21% $6,023.70
LENNAR CORP 6.14% $5,955.80
PULTE HOMES INC 6.07% $5,887.90
TOLL BROTHERS INC 5.79% $5,616.30
KB HOME 5.69% $5,519.30
MDC HOLDINGS INC 5.18% $5,024.60
RYLAND GROUP INC 4.76% $4,617.20
CHAMPION ENTERPRISES INC 4.52% $4,384.40
Total: 57.08% $55,367.60
This chart on ITB is truly amazing. Since its start in 2003, the ITB index has completed 5 waves going up and now 5 waves coming down to the same starting point. Moreover, the time-period for its up move from bottom to top is exactly the same as its move from top to bottom.
pcyhuang
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