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Eventide High Dividend ETF

$26.50
+0.00%
Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The Eventide High Dividend ETF seeks to provide a high level of current income while also pursuing long-term capital appreciation.

Overview

ETF tracking Eventide High Dividend ETF

Category Value
Issuer Other
Inception Date 2024-10-01
Market Cap $153.7M
Average Volume N/A
Dividend Yield 1.92%
52-Week Range $22.15 - $27.27
VWAP $26.52

Performance

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Investment Summary

📎 Investment Objective

The Eventide High Dividend ETF seeks to provide a high level of current income while also pursuing long-term capital appreciation.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of dividend-paying stocks that the fund's managers believe are undervalued and have the potential for capital appreciation. The fund focuses on companies with strong fundamentals, sustainable competitive advantages, and attractive dividend yields.

✨ Key Features

  • Focuses on high-dividend paying stocks in an effort to generate income
  • Employs a value-oriented investment approach to identify undervalued companies
  • Actively managed portfolio aiming to provide both income and capital growth
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general stock market conditions
  • Dividend risk: Companies may reduce or eliminate dividend payments, impacting the fund's income generation
  • Value investing risk: The fund's value-oriented approach may underperform growth-oriented strategies at times
  • Concentration risk: The fund may have a relatively concentrated portfolio, which can increase volatility

👤 Best For

The Eventide High Dividend ETF may be suitable for investors seeking a combination of current income and long-term capital appreciation, with a focus on dividend-paying value stocks. It may be appropriate for investors with a moderate to long-term investment horizon who are willing to accept the risks associated with equity investments.