# AdvisorShares Restaurant ETF (EATZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/eatz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AdvisorShares · Asset class: Equity - Strategy: Actively Managed · Inception: 2021-04-20 The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the restaurant business. It invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ADRs. The fund will concentrate at least 25% of its investments in the Hotels, Restaurants & Leisure Industry within the Consumer Discretionary Sector. It is non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $27.20 | | Expense Ratio | 2.97% | | Assets Under Management | $1.9M | | NAV | $26.61 | | Holdings Count | 27 | | Distribution Yield (TTM) | 0.48% | | Annual Distribution (TTM) | $0.13 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.19 – $31.61 | | Beta | 1.18 | ## Latest Distribution - Amount: $0.1300 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does EATZ invest in? The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the restaurant business. It invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ADRs. The fund will concentrate at least 25% of its investments in the Hotels, Restaurants & Leisure Industry within the Consumer Discretionary Sector. It is non-diversified. ### What is the expense ratio of EATZ? AdvisorShares Restaurant ETF (EATZ) charges an expense ratio of 2.97%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EATZ? AdvisorShares Restaurant ETF (EATZ) manages $1.9M 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 EATZ actively managed or an index fund? EATZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EATZ's is 2.97%) in exchange for the discretion to over- or under-weight positions. ### When was EATZ launched? AdvisorShares Restaurant ETF (EATZ) launched in April 2021 and is managed by AdvisorShares. ### How has EATZ performed? EATZ'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 EATZ pay a dividend? AdvisorShares Restaurant ETF (EATZ) currently distributes little or no income. Trailing-twelve-month yield is 0.48%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EATZ pay dividends? AdvisorShares Restaurant ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EATZ's dividend yield? EATZ's trailing-twelve-month yield is 0.48%, calculated from the sum of dividends over the past year divided by the current price. ### When is EATZ's next ex-dividend date? The most recently announced ex-dividend date for EATZ was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will EATZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.97% 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 EATZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from EATZ'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 EATZ cost more than a fund like VOO? EATZ is actively managed (current expense ratio 2.97%). 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 EATZ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to EATZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EATZ (2.97%) 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/eatz - Distribution history: https://www.dividenddata.com/funds/eatz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/eatz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/eatz/expenses - Peer comparison: https://www.dividenddata.com/funds/eatz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.