iMGP Berkshire Dividend Growth ETF

Frequently Asked Questions About BDVG

What does BDVG invest in?

BDVG offers a dividend-skewed take on the US large-cap equity space. The fund targets 30 to 40 dividend-paying companies that have a strong track record of paying quarterly dividends and are expected to increase their dividends over the next five years. The sub-adviser selects such companies based on current dividend yield, dividend stability, as well as history of and potential for dividend growth. The fund seeks to invest in companies with a current dividend yield that is at least as high as the S&P 500 Index average yield, or if not, have a clear path to paying higher dividends. Each firms balance sheet is evaluated, including the amount of company leverage that may potentially impact dividend stability. Lastly, the fund utilizes the companys ROE to assess prospects for dividend growth. The sub-adviser focuses on a companys regular, periodic dividends but may also consider past payments of special dividends. The fund may invest up to 15% of its net assets in foreign securities.

What is the expense ratio of BDVG?

iMGP Berkshire Dividend Growth ETF (BDVG) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BDVG?

iMGP Berkshire Dividend Growth ETF (BDVG) manages $23.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BDVG actively managed or an index fund?

BDVG is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BDVG's is 0.55%) because there's no security selection cost.

When was BDVG launched?

iMGP Berkshire Dividend Growth ETF (BDVG) launched in June 2023 and is managed by IMGP.

How has BDVG performed?

BDVG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.