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See exactly how DVND's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for DVND and 80,000+ other tickers.
The fund invests, under normal market conditions, at least 80% of its assets in equity securities of U.S. large-cap companies that have historically paid dividends. These securities may be listed on an exchange or traded over-the-counter. The fund may, at times, hold fewer securities and a higher percentage of cash and cash equivalents when, among other reasons, the Sub-Advisor cannot find a sufficient number of securities that meets its purchase requirements.
DVND selects 40-55 large-cap U.S. dividend-paying companies with competitive advantages and reasonable valuations. Its expense ratio is 0.50% and the ETF has $33 million in assets under management. The high ER reduces DVND's dividend yield to just 2.14%, putting it in the ballpark of other low-yielding funds like VIG. Others, including FDVV and SCHD, offer significantly higher yields. Investors will appreciate DVND's high-quality features, though its growth statistics are mixed. Despite allocating 25% to Technology, current selections have seen their earnings decline in the last three years.
Touchstone Investments now has six actively managed ETFs. It seeks to bring its “distinctively active” mutual fund approach to meet advisors where they are focused.
Touchstone Investments has launched the third of its four new actively managed exchange traded funds. The Touchstone Dividend Select ETF (NYSE Arca: DVND) trades on the New York Stock Exchange Arca.
Touchstone Investments announced the launch of its first of four new actively managed exchange traded funds. The Touchstone Strategic Income Opportunities ETF (NYSE Arca: SIO) trades on the New York Stock Exchange Arca.