# AAM S&P Developed Markets High Dividend Value ETF (DMDV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dmdv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 2018-11-28 The index is designed to provide exposure to the constituents of the S&P Developed BMI Ex-U.S. & Korea LargeMidCap Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund’s net assets will be invested in equities that (i) are traded principally on an exchange in a Developed ex-U.S. & Korea Markets country and (ii) have had a positive realized annual dividend yield within the past year. ## Key Facts | Metric | Value | |---|---| | Price | $23.63 | | Expense Ratio | 0.39% | | Assets Under Management | $2.0M | | NAV | $22.38 | | Holdings Count | 56 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $21.64 – $26.14 | | Beta | 1.00 | ## Latest Distribution - Amount: $0.1000 /share - Ex-date: 2024-08-29 - Pay date: 2024-09-03 ## Frequently Asked Questions ### What does DMDV invest in? The index is designed to provide exposure to the constituents of the S&P Developed BMI Ex-U.S. & Korea LargeMidCap Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund’s net assets will be invested in equities that (i) are traded principally on an exchange in a Developed ex-U.S. & Korea Markets country and (ii) have had a positive realized annual dividend yield within the past year. ### What is the expense ratio of DMDV? AAM S&P Developed Markets High Dividend Value ETF (DMDV) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DMDV? AAM S&P Developed Markets High Dividend Value ETF (DMDV) manages $2.0M 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 DMDV actively managed or an index fund? DMDV 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 (DMDV's is 0.39%) because there's no security selection cost. ### When was DMDV launched? AAM S&P Developed Markets High Dividend Value ETF (DMDV) launched in November 2018 and is managed by the fund issuer. ### How has DMDV performed? DMDV'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. ### Does DMDV pay a dividend? AAM S&P Developed Markets High Dividend Value ETF (DMDV) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DMDV pay dividends? AAM S&P Developed Markets High Dividend Value ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DMDV's dividend yield? DMDV's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is DMDV's next ex-dividend date? The most recently announced ex-dividend date for DMDV was 2024-08-29. 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 DMDV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.39% 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 DMDV charge its expense ratio? The expense ratio is deducted in tiny daily slices from DMDV'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 DMDV cost more than a fund like VOO? DMDV is a passive index fund (current expense ratio 0.39%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to DMDV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DMDV (0.39%) 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/dmdv - Distribution history: https://www.dividenddata.com/funds/dmdv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dmdv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dmdv/expenses - Peer comparison: https://www.dividenddata.com/funds/dmdv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.