Symbols

DVDN

Kingsbarn Dividend Opportunity ETF·ARCA

--(--)

Key Stats

Assets Under Management

3.20MUSD

Fund Flows (1Y)

2.70MUSD

Dividend Yield

17.33%

Discount/Premium to NAV

0.04%

Shares Outstanding

170.00K

Expense Ratio

0.90%

About Kingsbarn Dividend Opportunity ETF

Issuer

Kingsbarn Capital Management LLC

Brand

Kingsbarn

Home Page

https://docvault.kingsbarn.com/exchangetradedfund/details/DVDN

Inception Date

Nov 1, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Kingsbarn Capital Management LLC

Distributor

Foreside Fund Services LLC

DVDN aims to provide an attractive yield from the mortgage REIT and BDC space. The potential investment universe considers roughly 75 companies across five sub-sectors: Agency REITs, Commercial REITs, Hybrid REITs, BDCs, and venture debt lenders. The adviser uses bottom-up 12-month financial forecasts for earnings, dividend, and book value metrics combined with overall macroeconomic conditions to monitor the space. The ETF portfolio will typically consist of 12-18 companies, equally weighted, from three or more of the sub-sectors. The adviser aims to take advantage of company-specific investment opportunities to pursue attractive dividend yield and lower volatility. The portfolio is actively managed, using stress-testing and marketing-to-market investments for assessments.