Key stats
About iMGP Berkshire Dividend Growth ETF
Home page
Inception date
Jun 30, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
iM Global Partner Fund Management LLC
Distributor
ALPS Distributors, Inc.
ISIN
US53700T7515
BDVG offers a dividend-skewed take on the US large-cap equity space. The fund targets 30 to 40 dividend-paying companies that have a strong track record of paying quarterly dividends and are expected to increase their dividends over the next five years. The sub-adviser selects such companies based on current dividend yield, dividend stability, as well as history of and potential for dividend growth. The fund seeks to invest in companies with a current dividend yield that is at least as high as the S&P 500 Index average yield, or if not, have a clear path to paying higher dividends. Each firms balance sheet is evaluated, including the amount of company leverage that may potentially impact dividend stability. Lastly, the fund utilizes the companys ROE to assess prospects for dividend growth. The sub-adviser focuses on a companys regular, periodic dividends but may also consider past payments of special dividends. The fund may invest up to 15% of its net assets in foreign securities.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BDVG assets under management is 8.50 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BDVG invests in stocks. See more details in our Analysis section.
BDVG expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BDVG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, BDVG pays dividends to its holders with the dividend yield of 1.71%.
BDVG shares are issued by Eurazeo SE
BDVG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 30, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.