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This exchange-traded fund (ETF) operates under active management, with the primary goal of generating rising dividend income. It achieves this by allocating capital to equity securities that its Sub-Adviser, Freedom Day Solutions, LLC, identifies as having the potential for consistent dividend growth over the long term. Typically, at least 80% of the fund's net assets, alongside any assets acquired through borrowing for investment, will be deployed into stocks that distribute dividends. The fund maintains a non-diversified portfolio.
Is MBOX's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Freedom Day Dividend ETF (NYSEARCA:MBOX - Get Free Report) was down 0.6% on Monday. The company traded as low as $35.18 and last traded at $35.18. Approximately 464 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 7,061 shares. The stock had previously closed at $35.38. Freedom
MBOX is an actively managed ETF, with a focus on stocks with potential for future dividend growth. Heavy in financials, MBOX has a value tilt and quite strong quality characteristics, with all holdings being profitable. The 3-year dividend CAGR of the portfolio is over 12%. On the negative side, the ETF itself has lackluster distribution growth. There are also concerns related to the holdings' revenue, EBITDA, and EPS growth rates.
Dividend investing is making a comeback amid market volatility. Freedom Day Dividend ETF focuses on companies with a history of increasing dividend payouts. The MBOX ETF uses a 5-step filter for portfolio construction, outperforming competitors but struggling in relative performance.
MBOX is an actively managed vehicle that pursues promising dividend growth stories. Its strategy is based on fundamental analysis and quantitative methods. Incepted in May 2021, MBOX has had a fairly impressive run, beating the market proxied with IVV, as well as a few dividend-growth-focused peers. In its portfolio, quality is nicely balanced with the value factor, while interesting dividend growth stories are abundant.