Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
6.4%
1 yr return
4.8%
3 Yr Avg Return
10.5%
5 Yr Avg Return
N/A
Net Assets
$6.8 M
Holdings in Top 10
45.6%
Expense Ratio 0.58%
Front Load N/A
Deferred Load N/A
Turnover 15.00%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund employs a “passive management” – or indexing – investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities.
The Index is a modified float-adjusted market cap weighted index that consists of companies incorporated and traded in India, an emerging market country, excluding common stocks of “state-owned enterprises.” WisdomTree, Inc. (“WisdomTree”), as index provider, defines state-owned enterprises as companies with over 20% government ownership. To be eligible for inclusion in the Index, a company must meet the following criteria: (i) incorporated or domiciled in India; (ii) listing on an Indian stock exchange; (iii) have a float-adjusted market capitalization of at least $1 billion as of the Index screening date (“float-adjusted” means that the share amounts reflect only shares available to investors); (iv) have a median daily dollar trading volume of at least $100,000 for the three months preceding the annual Index screening date; (v) trade at least 250,000 shares per month or $25 million notional for each of the six months preceding the annual Index screening date; and (vi) are not state-owned enterprises as of the annual Index screening date. The Index is reconstituted and rebalanced once each year on the annual Index reconstitution date.
The Index also excludes companies based on environmental, social and governance (“ESG”) criteria. The ESG criteria seeks to exclude from the Index’s eligible investment universe companies that: (i) do not comply with the United Nations Global Compact Principles related to human rights, labor, the environment and anti-corruption; (ii) are involved directly or through corporate ownership in the production and/or distribution of, or the provision of components/services for, controversial weapons (e.g., anti-personnel mines, biological and chemical weapons, and nuclear weapons); (iii) derive meaningful revenue (i.e., more than 5% of revenue) from small arms manufacture- and sales-related activities; (iv) are involved in the production and supply of tobacco-related products and/or services and/or derive meaningful revenue from the distribution of tobacco-related products; or (v) derive meaningful revenue from oil and gas exploration activities in Arctic regions, oil sands extraction activities, shale energy exploration and/or production activities, or thermal coal-based power generation activities and/or extraction-related activities.
Securities are weighted in the Index based on float-adjusted market capitalization, as modified pursuant to certain limitations set forth below. On the Index’s annual screening date, the maximum weight of any security in the Index is capped at 10%, and the Index caps the weight of components exposed to any one sector at 30%. The Index also may adjust the weight of individual components on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a component security, such as its trading volume. To the extent the Index reduces an individual component’s weight, the excess weight will be reallocated pro rata among the other components. Similarly, if the Index increases a component’s weight, the weight of the other components will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual component in the Index may fluctuate above or below specified caps and thresholds, respectively, between screening dates in response to market conditions.
WisdomTree, Inc. (“WisdomTree”), as Index provider, currently uses the Global Industry Classification Standard (GICS®), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor’s Financial Services LLC, to define companies within a sector. The following sectors are included in the Index: communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. A sector is comprised of multiple industries. For example, the energy sector is comprised of companies in the energy equipment and services industry as well as the oil, gas and consumable fuels industry. As of June 30, 2023, companies in the financials and consumer discretionary sector comprised a significant portion (i.e., in excess of 15% of the Index’s total weighting) of the Index; however, the Index's sector exposure may change from time to time.
To the extent the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Index.
Period | IXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | 2.8% | 27.7% | 95.65% |
1 Yr | 4.8% | -9.9% | 25.2% | 91.30% |
3 Yr | 10.5%* | -7.4% | 20.9% | 43.48% |
5 Yr | N/A* | -4.9% | 13.3% | 65.22% |
10 Yr | N/A* | 2.4% | 14.4% | 95.00% |
* Annualized
Period | IXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.1% | -36.8% | -8.6% | 26.09% |
2022 | 21.7% | 2.1% | 42.6% | 39.13% |
2021 | 14.9% | -0.5% | 17.9% | 39.13% |
2020 | N/A | -22.6% | 13.6% | N/A |
2019 | N/A | -37.5% | -1.5% | N/A |
Period | IXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | 2.8% | 27.7% | 95.65% |
1 Yr | 4.8% | -9.9% | 25.2% | 91.30% |
3 Yr | 10.5%* | -7.4% | 20.9% | 43.48% |
5 Yr | N/A* | -4.9% | 13.3% | N/A |
10 Yr | N/A* | 2.4% | 14.4% | N/A |
* Annualized
Period | IXSE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -9.3% | -30.6% | -3.4% | 30.43% |
2022 | 21.7% | 2.1% | 44.5% | 73.91% |
2021 | 15.2% | -0.3% | 19.6% | 47.83% |
2020 | N/A | -21.6% | 13.9% | N/A |
2019 | N/A | -37.4% | -1.5% | N/A |
IXSE | Category Low | Category High | IXSE % Rank | |
---|---|---|---|---|
Net Assets | 6.8 M | 6.8 M | 6.04 B | 100.00% |
Number of Holdings | 143 | 30 | 419 | 21.74% |
Net Assets in Top 10 | 3.01 M | 3.01 M | 2.5 B | 100.00% |
Weighting of Top 10 | 45.61% | 11.1% | 60.7% | 43.48% |
Weighting | Return Low | Return High | IXSE % Rank | |
---|---|---|---|---|
Stocks | 102.68% | 96.62% | 103.51% | 8.70% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 30.43% |
Other | 0.00% | 0.00% | 0.00% | 39.13% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 26.09% |
Cash | 0.00% | 0.00% | 3.38% | 82.61% |
Bonds | 0.00% | 0.00% | 0.00% | 39.13% |
IXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.58% | 0.19% | 2.29% | 95.65% |
Management Fee | 0.58% | 0.19% | 1.25% | 13.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.08% | 0.20% | N/A |
IXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.25% | 5.50% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
IXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
IXSE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 10.73% | 67.00% | 20.00% |
IXSE | Category Low | Category High | IXSE % Rank | |
---|---|---|---|---|
Dividend Yield | 0.77% | 0.00% | 8.53% | 21.74% |
IXSE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
IXSE | Category Low | Category High | IXSE % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.11% | -1.69% | 1.15% | 43.48% |
IXSE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 28, 2023 | $0.065 | OrdinaryDividend |
Jun 29, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2022 | $0.005 | OrdinaryDividend |
Jun 29, 2022 | $0.615 | OrdinaryDividend |
Jun 29, 2021 | $0.010 | OrdinaryDividend |
Dec 24, 2020 | $0.015 | OrdinaryDividend |
Sep 25, 2020 | $0.030 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Marlene is head of equity index portfolio management. She leads the team of equity index portfolio managers managing US and non-US equity index portfolios and is responsible for the refinement and implementation of the entire equity index portfolio management process. Previously, Marlene served as a senior portfolio manager within the equity index team and prior to joining the equity index team was an equity trader for the firm. Prior to joining the firm in 1995, Marlene was a trader for Banc One Investment Advisors Corporation and a brokerage services manager for Mid Atlantic Capital Corporation. Marlene has been in the investment industry since 1990. Marlene earned an MBA in finance from the University of Pittsburgh and a BA in history and Russian from Washington & Jefferson College.
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. France is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2009.
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Ms. Sheremeta is a vice president and senior portfolio manager at Mellon. She has been employed by Mellon or a predecessor company since 2011.
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. Stoll is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2005.
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Mr. Frysinger is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2007.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.41 | 21.34 | 9.91 | 11.3 |
Dividend Investing Ideas Center
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