DIVZ
Opal Dividend Income ETF·ARCA
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Key Stats
Assets Under Management
232.07MUSD
Fund Flows (1Y)
54.97MUSD
Dividend Yield
2.53%
Discount/Premium to NAV
0.05%
Shares Outstanding
6.00M
Expense Ratio
0.65%
About Opal Dividend Income ETF
Issuer
TrueMark Investments, LLC
Brand
TrueShares
Home Page
Inception Date
Jan 27, 2021
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Truemark Investments LLC
Distributor
Paralel Distributors LLC
DIVZ aims to curate a portfolio that is less volatile and has higher dividend yield than the S&P 500. The fund adviser initially screens US-listed securities for sustainable dividend growth using various quantitative and qualitative indicators. Then high-quality companies are identified based on high cash flow, stable revenue streams and capital reinvestment programs. This process is expected to deliver lower volatility than the overall US equity market. Finally, the fund adviser selects securities trading at attractive valuations. The actively-managed fund's methodology results in a narrow selection of 25-35 stocks. Prior to February 20, 2024, the fund traded under the name TrueShares Low Volatility Equity Income ETF.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Financial Services
16.93%
Energy
16.85%
Utilities
15.30%
Healthcare
14.43%
Consumer Defensive
14.32%
Communication Services
5.72%
Consumer Cyclical
5.59%
Industrials
4.94%
Basic Materials
3.01%
Financial Services
16.93%
Energy
16.85%
Utilities
15.30%
Healthcare
14.43%
Consumer Defensive
14.32%
Communication Services
5.72%
Consumer Cyclical
5.59%
Industrials
4.94%
Basic Materials
3.01%
Show more
Asset
Holdings
Symbol
Ratio
PM
Philip Morris
5.72%
VZ
Verizon
5.70%
MPLX
Mplx
5.51%
NEE
Nextera
5.31%
UPS
United Parcel
4.91%
CVX
Chevron
4.90%
Symbol
Ratio
JNJ
Johnson & Johnson
4.43%
CME
CME Group
4.15%
D
Dominion Energy
3.72%
C
Citigroup
3.66%
Top 10 Weight 48.01%
10 Total Holdings
See all holdings
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