UDI

USCF Dividend Income Fund

$31.44
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The USCF Dividend Income Fund (UDI) seeks to provide investment results that, before fees and expenses, correspond to the performance of the Solactive US Dividend and Ex-Buyback Index.

Overview

ETF tracking USCF Dividend Income Fund

Category Value
Issuer Other
Inception Date 2022-06-08
Market Cap $5.5M
Average Volume N/A
Dividend Yield 2.28%
52-Week Range $26.07 - $31.43
VWAP $31.34

Performance

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Investment Summary

📎 Investment Objective

The USCF Dividend Income Fund (UDI) seeks to provide investment results that, before fees and expenses, correspond to the performance of the Solactive US Dividend and Ex-Buyback Index.

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities that are constituents of the Solactive US Dividend and Ex-Buyback Index. The index is designed to track the performance of U.S. companies that pay regular dividends and do not engage in significant share buyback programs.

✨ Key Features

  • Focuses on U.S. companies that pay regular dividends
  • Excludes companies with significant share buyback programs
  • Seeks to track the performance of the Solactive US Dividend and Ex-Buyback Index

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Dividend risk: Companies may reduce or eliminate dividends, which could negatively impact the fund's performance
  • Concentration risk: The fund may be more susceptible to factors affecting a particular sector or industry
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The USCF Dividend Income Fund may be suitable for investors seeking exposure to a portfolio of U.S. dividend-paying stocks, with a focus on companies that do not engage in significant share buyback programs. This ETF may be appropriate for investors with a medium to long-term investment horizon who are looking for a diversified source of income and capital appreciation potential.