Key stats
About Monarch Dividend Plus ETF
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Inception date
Mar 6, 2024
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
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66537J8466
MDPL tracks an index of 30 US dividend-paying value stocks that are expected to provide dividend income and capital appreciation. The fund follows a proprietary rules-based methodology that considers companies listed on the Russell 1000. It then screens stocks using absolute and relative dividend growth and free cash flow generation metrics. The methodology assigns a composite score for each company based on positive cash flow potential, debt-to-equity and payout ratio, dividend growth, and earnings stability. Finally, the fund selects 30 of the highest-scoring companies. The fund sells stocks that exceeds 90% of its interval price-to-equity ratio over five years. New stocks are added based on the rank order during the selection process. The index is reconstituted weekly, with each stock weighted equally.
Related funds
Classification
What's in the fund
Exposure type
Process Industries
Finance
Consumer Durables
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
MDPL trades at 27.04 USD today, its price has fallen −0.35% in the past 24 hours. Track more dynamics on MDPL price chart.
MDPL net asset value is 27.22 today — it's risen 4.16% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MDPL assets under management is 55.71 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.
MDPL price has risen by 6.95% over the last month, and its yearly performance shows a 2.70% increase. See more dynamics on MDPL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.16% over the last month, showed a 7.61% increase in three-month performance and has increased by 8.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.16% over the last month, showed a 7.61% increase in three-month performance and has increased by 8.32% in a year.
MDPL fund flows account for 19.67 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
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.
MDPL invests in stocks. See more details in our Analysis section.
MDPL expense ratio is 1.24%. 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, MDPL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MDPL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MDPL shows the buy signal. See more of MDPL technicals for a more comprehensive analysis.
Today, MDPL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MDPL shows the buy signal. See more of MDPL technicals for a more comprehensive analysis.
Yes, MDPL pays dividends to its holders with the dividend yield of 0.99%.
MDPL trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MDPL shares are issued by Kingsview Partners LLC
MDPL follows the Monarch Dividend Plus Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 6, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.