ALLEN WEALTH MANAGEMENT, LLC

2. Key Holdings

The portfolio is dominated by four major ETF positions, which collectively account for approximately 48.2% of the total assets:

• VTV (Vanguard Value ETF) is the largest holding at $29.21 million (17.58%). This indicates a strong strategic tilt toward value stocks, focusing on companies with lower price-to-earnings ratios.
• FNDX (Schwab Fundamental U.S. Large Company ETF) follows at $25.00 million (15.05%). This fund uses fundamental indexing (weighted by sales, cash flow, dividends, and buybacks) rather than market capitalization, further reinforcing a value-oriented, non-traditional indexing philosophy.
• DFIV (Dimensional International Value ETF) and VO (Vanguard Mid-Cap ETF) are the third and fourth largest holdings, both valued at $12.96 million (7.80% each). These positions provide diversification into international value markets and U.S. mid-cap growth, respectively.