DIVY

Sound Equity Dividend Income ETF

$25.81
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The DIVY - Sound Equity Dividend Income ETF seeks to provide current income and long-term capital appreciation by investing in a portfolio of high-quality, dividend-paying stocks.

Overview

ETF tracking Sound Equity Dividend Income ETF

Category Value
Issuer Other
Inception Date 2024-06-21
Market Cap $29.7M
Average Volume N/A
Dividend Yield 1.51%
52-Week Range $21.90 - $27.40
VWAP $25.89

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The DIVY - Sound Equity Dividend Income ETF seeks to provide current income and long-term capital appreciation by investing in a portfolio of high-quality, dividend-paying stocks.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in a diversified portfolio of common stocks of companies that have a history of paying dividends. The portfolio is actively managed, with the goal of identifying companies that are expected to maintain or grow their dividend payouts over time.

✨ Key Features

  • Focuses on dividend-paying stocks to generate current income
  • Actively managed portfolio to identify high-quality, dividend-paying companies
  • Diversified exposure to various sectors and industries
  • Potential for long-term capital appreciation in addition to dividend income

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may fluctuate due to general market conditions
  • Dividend risk: Companies may reduce or eliminate their dividend payments, which could negatively impact the fund's income
  • Concentration risk: The fund may have a significant portion of its assets invested in a particular sector or industry
  • Active management risk: The fund's performance may differ from the broader market if the manager's investment decisions are not successful

👤 Best For

The DIVY - Sound Equity Dividend Income ETF may be suitable for investors seeking a steady stream of dividend income and the potential for long-term capital appreciation, while being willing to accept the risks associated with investing in a portfolio of dividend-paying stocks.