# Polen Dividend Income ETF (DIVZ): ETF Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/divz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: TrueShares · Asset class: Equity
- Strategy: Actively Managed · Inception: 2021-01-27

The Polen Dividend Income ETF (DIVZ) is an actively managed fund designed to achieve its investment objective by strategically acquiring shares of 25 to 35 companies. These companies are chosen based on their current dividend payouts, projected long-term dividend growth, and their trading at appealing valuations at the time of investment. Typically, the fund allocates at least 80% of its net assets, combined with any investment-related borrowings, to equity securities. This primarily includes common stocks and American Depositary Receipts (ADRs). Notably, the fund is classified as non-diver...

## Key Facts

| Metric | Value |
|---|---|
| Price | $37.30 |
| Expense Ratio | 0.65% |
| Assets Under Management | $304.9M |
| NAV | $37.31 |
| Holdings Count | 30 |
| Distribution Yield (TTM) | 2.60% |
| Annual Distribution (TTM) | $0.97 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $34.67 – $39.67 |
| Beta | 0.45 |

## Latest Distribution

- Amount: $0.0462 /share
- Ex-date: 2026-09-29
- Pay date: 2026-09-30

## Frequently Asked Questions

### What does DIVZ invest in?

The Polen Dividend Income ETF (DIVZ) is an actively managed fund designed to achieve its investment objective by strategically acquiring shares of 25 to 35 companies. These companies are chosen based on their current dividend payouts, projected long-term dividend growth, and their trading at appealing valuations at the time of investment. Typically, the fund allocates at least 80% of its net assets, combined with any investment-related borrowings, to equity securities. This primarily includes common stocks and American Depositary Receipts (ADRs). Notably, the fund is classified as non-diversified.

### What is the expense ratio of DIVZ?

Polen Dividend Income ETF (DIVZ) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

### What is DIVZ's dividend yield?

DIVZ's trailing-twelve-month yield is 2.60%, calculated from the sum of dividends over the past year divided by the current price.

### How big is DIVZ?

Polen Dividend Income ETF (DIVZ) manages $304.9M 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 DIVZ actively managed or an index fund?

DIVZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DIVZ's is 0.65%) in exchange for the discretion to over- or under-weight positions.

### When was DIVZ launched?

Polen Dividend Income ETF (DIVZ) launched in January 2021 and is managed by TrueShares.

### Does DIVZ pay a dividend?

Yes, Polen Dividend Income ETF (DIVZ) distributes dividends to shareholders. The trailing-twelve-month yield is 2.60%. Full dividend history is on this page.

### How often does DIVZ pay dividends?

Polen Dividend Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is DIVZ's next ex-dividend date?

The most recently announced ex-dividend date for DIVZ was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will DIVZ's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does DIVZ charge its expense ratio?

The expense ratio is deducted in tiny daily slices from DIVZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does DIVZ cost more than a fund like VOO?

DIVZ is actively managed (current expense ratio 0.65%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DIVZ's fee is competitive for the active-management cohort.

### Are there cheaper alternatives to DIVZ?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DIVZ (0.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/divz
- Distribution history: https://www.dividenddata.com/funds/divz/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/divz/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/divz/expenses
- Peer comparison: https://www.dividenddata.com/funds/divz/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.