Eventide High Dividend ETF

Frequently Asked Questions About ELCV

What does ELCV invest in?

The Eventide High Dividend ETF (ELCV) strategically invests in dividend-distributing companies, with a dual mandate to generate competitive financial returns and ensure its portfolio aligns with broader social and environmental objectives. This fund specifically targets achieving a higher average dividend yield than that of the Bloomberg US 3000 Total Return Index. The selection process for its portfolio integrates rigorous fundamental analysis with a steadfast commitment to ethical, value-driven principles. Initially, a bottom-up research methodology is employed, meticulously assessing each company's financial stability, its capacity for consistent dividend payouts, and its success in creating value for all stakeholders. Subsequently, the fund applies a specialized values-based screening framework, informed by Christian principles, to refine its choices. This screening proactively excludes businesses operating in controversial sectors such as tobacco, alcohol, gambling, and weapons. Conversely, it prioritizes companies that demonstrate exceptional corporate governance, champion social equity, and actively practice environmental stewardship. While the fund primarily allocates capital to prominent U.S. large-cap equities, it maintains the flexibility to include American Depositary Receipts (ADRs). Its investment focus extends to specific economic sectors historically renowned for either their generous dividend distributions or robust growth potential, encompassing energy, public utilities, industrial manufacturing, information technology, infrastructure development, and real estate.

What is the expense ratio of ELCV?

Eventide High Dividend ETF (ELCV) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ELCV?

Eventide High Dividend ETF (ELCV) manages $256.0M 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 ELCV actively managed or an index fund?

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

When was ELCV launched?

Eventide High Dividend ETF (ELCV) launched in September 2024 and is managed by Eventide.

How has ELCV performed?

ELCV'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.