 The
Aam S&P Dev Markets High Divd Value ETF (DMDV) is an exchange-traded
fund (ETF) that seeks to track the performance of the S&P Developed
Ex-U.S. Dividend and Free Cash Flow Yield Index. The fund's objective
is to provide exposure to high dividend yielding stocks in developed
markets outside of the United States.
DMDV invests in companies
that have high dividend yields and strong free cash flows. The fund's
portfolio typically consists of large-cap stocks from developed
markets such as Europe, Asia, and Australia. The ETF employs a
dividend value investment strategy, which means it looks for stocks
that have high dividend yields and that are undervalued according to
fundamental metrics.
As of September 2021, the DMDV ETF has a
net asset value (NAV) of approximately $60 million and holds 195
securities. The ETF's expense ratio is 0.39%, which is relatively low
compared to other ETFs.
DMDV is a relatively new ETF, having
been launched in 2020, and has therefore not been around for a long
time. However, since its inception, the fund has provided investors
with a return of around 6.5% (as of March 23, 2023), which is slightly
higher than the return of the S&P 500 index over the same period.
Overall, the Aam S&P Dev Markets High Divd Value ETF (DMDV) could
be a good investment option for investors looking for exposure to high
dividend-yielding stocks in developed markets outside of the United
States. However, as with any investment, it is important to conduct
thorough research and consider factors such as risk tolerance,
investment objectives, and fees before making a decision.
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