UVA Dividend Value ETF

Frequently Asked Questions About UVDV

What does UVDV invest in?

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing principally in dividend-paying securities and, under normal circumstances, the sub-adviser intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in such securities. The sub-adviser selects equity securities consisting of common stocks and securities having the characteristics of common stocks, such as preferred stocks, and convertible securities (including contingent convertible securities).

What is the expense ratio of UVDV?

UVA Dividend Value ETF (UVDV) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UVDV?

UVA Dividend Value ETF (UVDV) manages $17.4M 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 UVDV actively managed or an index fund?

UVDV is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (UVDV's is 0.80%) in exchange for the discretion to over- or under-weight positions.

When was UVDV launched?

UVA Dividend Value ETF (UVDV) launched in November 2021 and is managed by the fund issuer.

How has UVDV performed?

UVDV'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.