VOX – Vanguard Telecom Services

The Vanguard Telecommunications Sector (8/25/16) Short-term (Neutral) : Intermediate Term (Neutral) : Long-term (Positive) Top 10 Holdings T – AT&T Inc. VZ – Verizon Communications SBAC – SBA Communications CTL – Centuryink Inc. TMUS – T-Mobile US Inc. LVLT – Level 3 Communications S – Sprint Corp. FTR – Frontier Communications TDS – Telephone & Data Systems ZAYO – Zayo Group Holdings Inc.