DIVE

Dana Concentrated Dividend ETF

$24.36
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Dana Concentrated Dividend ETF (DIVE) seeks to provide investors with a high level of current income and long-term capital appreciation by investing in a concentrated portfolio of dividend-paying stocks.

Overview

ETF tracking Dana Concentrated Dividend ETF

Category Value
Issuer Other
Inception Date 2025-09-16
Market Cap $32.0M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.02 - $25.32
VWAP $24.38

Performance

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Investment Summary

📎 Investment Objective

The Dana Concentrated Dividend ETF (DIVE) seeks to provide investors with a high level of current income and long-term capital appreciation by investing in a concentrated portfolio of dividend-paying stocks.

🎯 Investment Strategy

The fund invests primarily in a concentrated portfolio of 25-35 dividend-paying stocks that the fund's managers believe are undervalued and have the potential for dividend growth. The stock selection process focuses on fundamental analysis to identify companies with strong balance sheets, stable cash flows, and the ability to sustain and grow their dividends over time.

✨ Key Features

  • Concentrated portfolio of 25-35 dividend-paying stocks
  • Emphasis on value and dividend growth potential
  • Active management approach to stock selection
  • No expense ratio charged to investors

⚠️ Primary Risks

  • Concentration risk: The fund's concentrated portfolio may be more volatile than a more diversified fund
  • Dividend risk: Companies may reduce or eliminate dividends, which could negatively impact the fund's performance
  • Value investing risk: The fund's value-oriented investment approach may underperform growth-oriented strategies in certain market environments
  • Active management risk: The fund's performance depends on the investment decisions made by the portfolio managers

👤 Best For

The Dana Concentrated Dividend ETF may be suitable for investors seeking a high level of current income and long-term capital appreciation through a concentrated portfolio of dividend-paying stocks. This ETF may be appropriate for investors with a longer-term investment horizon and a higher risk tolerance who are willing to accept the increased volatility that can come with a concentrated portfolio.