Holds a fixed-weight core position in a broad-market index ETF (VOO) alongside a live-screened basket of quality large-cap dividend payers. Every quarter, the dividend roster is re-screened against real data — payout ratio, dividend-growth streak, free cash flow, and market cap — so membership reflects current fundamentals rather than a fixed list. Rebalances to target weights on the first trading day of each calendar quarter. No tactical market timing, no options, no margin.

The exact rule, in full, as currently in effect (revision 2, effective Jul 15, 2026):

Universe: 1 broad-market index ETF (VOO, fixed 40% weight) + a live-screened basket of large-cap dividend payers sharing the remaining 60%, equally weighted. Screen thresholds (re-evaluated live against current data at every quarterly rebalance, from a fixed candidate pool of well-established dividend payers): payout ratio < 60%, 10+ consecutive years of dividend growth, positive free cash flow, market cap ≥ $10B. Roster membership is not fixed — it can change quarter to quarter as a candidate's fundamentals change. Rebalance/reconstitution on the first trading day of each calendar quarter. No market-timing entries/exits, no options, no margin.