DIVZ

Opal Dividend Income ETF

$35.78
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Opal Dividend Income ETF (DIVZ) seeks to provide current income and long-term capital appreciation by investing in a portfolio of dividend-paying stocks.

Overview

ETF tracking Opal Dividend Income ETF

Category Value
Issuer Other
Inception Date 2021-01-28
Market Cap $188.2M
Average Volume N/A
Dividend Yield 2.12%
52-Week Range $31.03 - $36.55
VWAP $35.76

Performance

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Investment Summary

📎 Investment Objective

The Opal Dividend Income ETF (DIVZ) seeks to provide current income and long-term capital appreciation by investing in a portfolio of dividend-paying stocks.

🎯 Investment Strategy

The fund invests primarily in common stocks of companies that the portfolio managers believe are undervalued and have the potential to grow their dividends over time. The managers use a value-oriented approach to identify companies with sustainable competitive advantages, strong cash flows, and attractive dividend yields.

✨ Key Features

  • Focuses on dividend-paying stocks with the potential for dividend growth
  • Utilizes a value-oriented investment approach to identify undervalued companies
  • Aims to provide current income and long-term capital appreciation
  • Diversified portfolio of large-cap and mid-cap U.S. stocks

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Dividend risk: Companies may reduce or eliminate their dividend payments, which could negatively impact the fund's performance
  • Value investing risk: The fund's value-oriented approach may underperform growth-oriented or other investment styles
  • Concentration risk: The fund's performance may be more volatile due to its focus on dividend-paying stocks

👤 Best For

The Opal Dividend Income ETF may be suitable for investors seeking a source of current income and long-term capital appreciation, with a moderate risk tolerance. It may be particularly appealing to investors in or near retirement who are looking to generate a steady stream of dividend income.