|COMPANY NAME||% NET ASSETS|
|Verizon Communications Inc||13.27%|
|SBA Communications Corp||6.21%|
|Frontier Communications Corp Class B||5.26%|
|Windstream Holdings, Inc.||5.20%|
|tw telecom inc||4.92%|
|Level 3 Communications Inc||4.76%|
|T-Mobile US Inc||4.48%|
|Telephone and Data Systems, Inc.||3.42%|
|SECTOR NAME||% NET ASSETS|
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