WBIY

WBI Power FactorTM High Dividend ETF

$31.05
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The WBI Power FactorTM High Dividend ETF (WBIY) seeks to provide a high level of current income, with capital appreciation as a secondary objective.

Overview

ETF tracking WBI Power FactorTM High Dividend ETF

Category Utilities
Issuer Other
Inception Date 2016-12-21
Market Cap $55.9M
Average Volume N/A
Dividend Yield 5.11%
52-Week Range $25.72 - $32.67
VWAP $31.07

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The WBI Power FactorTM High Dividend ETF (WBIY) seeks to provide a high level of current income, with capital appreciation as a secondary objective.

🎯 Investment Strategy

The fund invests primarily in dividend-paying equity securities of companies across various sectors, with a focus on utilities and other high-dividend-yielding sectors. The portfolio is actively managed, with the goal of providing a high level of current income while also aiming for capital appreciation.

✨ Key Features

  • Focuses on high-dividend-yielding equity securities, primarily in the utilities sector
  • Actively managed portfolio to balance income and capital appreciation objectives
  • Low expense ratio of 0.00%
  • Limited performance history due to recent fund launch

⚠️ Primary Risks

  • Sector concentration risk, as the fund is heavily weighted towards the utilities sector
  • Dividend payment risk, as companies may reduce or suspend dividend payments
  • Market risk, as the value of the fund's holdings may fluctuate with changes in the overall stock market
  • Active management risk, as the fund's performance depends on the investment decisions of the portfolio manager

👤 Best For

The WBI Power FactorTM High Dividend ETF may be suitable for investors seeking a high level of current income, with a focus on dividend-paying stocks in the utilities and other high-dividend-yielding sectors. Investors should have a moderate to long-term investment horizon and be willing to accept the risks associated with the fund's sector concentration and active management approach.