Symbols

SPDV

AAM S&P 500 High Dividend Value ETF·NYSE

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Key Stats

Assets Under Management

85.34MUSD

Fund Flows (1Y)

6.85MUSD

Dividend Yield

3.49%

Discount/Premium to NAV

-0.04%

Shares Outstanding

2.25M

Expense Ratio

0.29%

About AAM S&P 500 High Dividend Value ETF

Issuer

Advisors Asset Management, Inc.

Brand

AAM

Home Page

https://www.aamlive.com/ETF/Detail/SPDV

Inception Date

Nov 28, 2017

Structure

Open-Ended Fund

Index Tracked

S&P 500 Dividend and Free Cash Flow Yield Index

Management Style

Passive

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

Advisors Asset Management, Inc.

Distributor

Quasar Distributors LLC

SPDV follows an index of US companies that screens for fundamental factors. Index construction begins by selecting companies from the S&P500 index with high, positive dividend and free-cash-flow yields. Outliers are removed from the selection pool. Using a statistical normalization model, each security is scored based on its dividend and free-cash-flow yields. The top five constituents are selected from each sector and weighted equally. Diversifying the portfolio across economic sectors in this manner should help avoid value traps, though it also means that SPDV will underweight the largest sectors while overweighting the smallest. The index is reconstituted semi-annually.