DIVG

DIVG is passively managed to invest in US companies that have both consistent dividends historically and have high forecasted dividend yield growth. The underlying index screens eligible stocks from the S&P 500 Index. To be considered for inclusion, a stock must have a positive forecasted dividend yield and increased or maintained dividends for at least five consecutive years. The top 100 companies with the highest forecasted dividend yield growth are included in the portfolio. In a similar fashion, the index uses dividend yield forecasts for weighting instead of backward-looking dividend data. Constituents are weighted according to their forecasted dividend yield, with single issuer weights capped at 4% and GICS sector weights at 30%. The index rebalances semi-annually in April and October.