State Street SPDR S&P Emerging Markets Dividend ETF

Frequently Asked Questions About EDIV

What does EDIV invest in?

The State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) aims to mirror the total return performance of the S&P Emerging Markets Dividend Opportunities Index, prior to deducting its operating fees and expenses. The fund provides investment in 100 emerging market companies, specifically those identified as having the strongest risk-adjusted dividend yields after satisfying stringent stability and dividend growth criteria. Constituents of the underlying index are weighted according to their trailing 12-month dividend yield. To maintain diversification, the index caps exposure, ensuring that no single country or GICS sector exceeds 25% of its total weight, and no individual stock accounts for more than 3%.

What is the expense ratio of EDIV?

State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

What is EDIV's dividend yield?

EDIV's trailing-twelve-month yield is 4.34%, calculated from the sum of dividends over the past year divided by the current price.

How big is EDIV?

State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) manages $1.18B 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 EDIV actively managed or an index fund?

EDIV 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 (EDIV's is 0.49%) because there's no security selection cost.

When was EDIV launched?

State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) launched in February 2011 and is managed by SPDR.