Fund Details
Ticker | NDIV |
Inception | 8/24/2022 |
Primary Exchange | NYSE Arca |
CUSIP | 032108730 |
Net Assets | N/A |
Shares Outstanding | N/A |
# of Holdings (view all holdings) | N/A |
Expense Ratio: | N/A |
Fund Characteristics
Weighted Avg. Market Cap | N/A |
Price-to-earnings | N/A |
Price-to-book | N/A |
Standard deviation | N/A |
Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.
Index Details
Index Name | EQM Natural Resources Dividend Income Index |
Index Ticker | NDIVITR |
Index Provider | EQM Indexes |
Weighting | Modified, Dividend Weighting |
Rebalance Frequency | Quarterly |
Index Website | eqmindexes.com |
Index Methodology |
Fund Documents
Three Reasons to Own NDIV:
- Cash Flow Opportunity: when prices rise, natural resource and commodity-related companies tend to generate considerable free cash flow, which may in turn provide shareholders an opportunity for income in the form of dividends and yield.
- Possible Commodity Supercycle: we believe current world events (war, ongoing pandemic, supply chain issues, growing demand for green energy commodities, etc.) combined with years of under-investment may stimulate a robust sustained period of expansion known as a commodity income supercycle.
- Inflation Hedge and No Foreign Tax Withholding: by investing in U.S.-traded American depositary receipts (ADRs) or over-the-counter (OTC) listed shares of global natural resource, commodity-related companies, which could act as an inflation hedge. In addition, any potential income would not be subject to foreign tax withholding.
A Unique Play on the Energy Transition
Objective and Strategy
Yield
Distribution Frequency | Monthly | 30-Day SEC Yield** | N/A | |
Distribution Rate* | N/A |
* The Distribution Rate is computed as the normalized current distribution (annualized) over NAV per share. In addition to net interest income, distributions may include capital gains and return of capital (ROC). Please click here for more information.
** 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.
NAV and Market Price
Previous Day's NAV | Previous Day's Market Price | |||
---|---|---|---|---|
Net Asset Value | N/A | Closing Price | N/A | |
Daily Change | N/A | Daily Change | N/A | |
% Daily Change | N/A | % Daily Change | N/A | |
30-Day Median Bid/Ask Spread | N/A | Premium/Discount % | N/A | |
Premium Discount History |
Daily Price/NAV Performance
Fund Holdings
TOP 10 HOLDINGS | |||
---|---|---|---|
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Country Allocation
Industry Allocation
Market Capitalization
LARGE CAP (> $10B): | N/A |
MID CAP ($2B - $10B): | N/A |
SMALL CAP ($300M - < $2B): | N/A |
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Performance
CUMULATIVE (%) | ANNUALIZED (%) | ||||||
---|---|---|---|---|---|---|---|
1 Mo. | 3 Mo. | 6 Mo. | YTD | Since Inception (8/24/22) |
1 Yr. | Since Inception (8/24/22) |
|
Month end as of TBD | |||||||
Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EQM Natural Resources Dividend Income Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Quarter end as of TBD | |||||||
Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EQM Natural Resources Dividend Income Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price or market price is the most recent price at which the fund was traded.
The EQM Natural Resources Dividend Income Index (NDIVITR) is a gross total return index that seeks to provide investment exposure to dividend-paying equity securities of global companies operating primarily in the natural resource and commodity-related industries.
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
Calendar Year | Calendar Year through | |
---|---|---|
Days traded at premium | N/A | N/A |
Days traded at net asset value | N/A | N/A |
Days traded at discount | N/A | N/A |
NDIV Distributions
EX-DATE | RECORD DATE | PAYABLE DATE | AMOUNT |
---|---|---|---|
2022 |
|||
9/28/22 | 9/29/22 | 9/30/22 | $0.19602 |
12/28/22 | 12/29/22 | 12/30/22 | $0.19670 |
12/29/2022 | 12/30/2022 | 1/31/2023 | (Special Distribution) $0.04468 |
2023 |
|||
12/29/2022 | 12/30/2022 | 1/31/2023 | (Special Distribution)* $0.04468 |
2/24/23 | 2/27/23 | 2/28/23 | $0.14453 |
3/29/23 | 3/30/23 | 3/31/23 | $0.24540 |
4/26/23 | 4/27/23 | 4/28/23 | $0.21498 |
5/26/23 | 5/30/23 | 5/31/23 | $0.20818 |
6/28/23 | 6/29/23 | 6/30/23 | $0.18900 |
7/27/23 | 7/28/23 | 7/31/23 | $0.17946 |
8/29/23 | 8/30/23 | 8/31/23 | $0.17700 |
9/27/23 | 9/28/23 | 9/29/23 | $0.17920 |
10/27/23 | 10/30/23 | 10/31/23 | $0.13745 |
11/28/23 | 11/29/23 | 11/30/23 | $0.15837 |
12/27/23 | 12/28/23 | 12/29/23 | $0.20135 |
2024 |
|||
1/29/24 | 1/30/24 | 1/31/24 | $0.13445 |
2/27/24 | 2/28/24 | 2/29/24 | $0.13569 |
3/26/24 | 3/27/24 | 3/28/24 | $0.14285 |
4/26/24 | 4/29/24 | 4/30/24 | $0.14025 |
5/30/24 | 5/30/24 | 5/31/24 | $0.14049 |
6/27/24 | 6/27/24 | 6/28/24 | $0.13227 |
7/30/24 | 7/30/24 | 7/31/24 | $0.13369 |
8/29/24 | 8/29/24 | 8/30/24 | $0.12141 |
9/27/24 | 9/27/24 | 9/30/24 | $0.11979 |
10/30/24 | 10/30/24 | 10/31/24 | |
11/27/24 | 11/27/24 | 11/29/24 | |
12/30/24 | 12/30/24 | 12/31/24 |
There is no guarantee that distributions will be made.
Investing involves risk, including the possible loss of principal. You could lose money by investing in the Fund. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that the Fund’s investment objectives will be achieved.