AAM S&P 500 High Dividend Value ETF

Frequently Asked Questions About SPDV

What does SPDV invest in?

The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the S&P 500 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, plus borrowings for investment purposes, will be invested in equity securities that (i) are included in the S&P 500 Index and (ii) have had a positive indicated annual dividend yield within the past year.

What is the expense ratio of SPDV?

AAM S&P 500 High Dividend Value ETF (SPDV) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

What is SPDV's dividend yield?

SPDV's trailing-twelve-month yield is 3.21%, calculated from the sum of dividends over the past year divided by the current price.

How big is SPDV?

AAM S&P 500 High Dividend Value ETF (SPDV) manages $73.7M 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 SPDV actively managed or an index fund?

SPDV 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 (SPDV's is 0.29%) because there's no security selection cost.

When was SPDV launched?

AAM S&P 500 High Dividend Value ETF (SPDV) launched in November 2017 and is managed by AAM.