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Trending ETFs

Quality Dividend Fund

mutual fund
QDVIX
Payout Change
Pending
Price as of:
$12.77 -0.07 -0.55%
primary theme
U.S. Large-Cap Value Equity
QDVIX (Mutual Fund)

Quality Dividend Fund

Payout Change
Pending
Price as of:
$12.77 -0.07 -0.55%
primary theme
U.S. Large-Cap Value Equity
QDVIX (Mutual Fund)

Quality Dividend Fund

Payout Change
Pending
Price as of:
$12.77 -0.07 -0.55%
primary theme
U.S. Large-Cap Value Equity

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Quality Dividend Fund

QDVIX | Fund

$12.77

$46.2 M

2.88%

$0.37

1.32%

Vitals

YTD Return

16.7%

1 yr return

21.8%

3 Yr Avg Return

5.7%

5 Yr Avg Return

7.1%

Net Assets

$46.2 M

Holdings in Top 10

40.1%

52 WEEK LOW AND HIGH

$12.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.32%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Quality Dividend Fund

QDVIX | Fund

$12.77

$46.2 M

2.88%

$0.37

1.32%

QDVIX - Profile

Distributions

  • YTD Total Return 16.7%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 7.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.45%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Quality Dividend Fund
  • Fund Family Name
    Polen Advised Funds for FundVantage Trust and Polen Credit Opportunities Fund
  • Inception Date
    Oct 04, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Scherer

Fund Description

The Fund primarily invests in a diversified portfolio of income-producing (dividend-paying) equity securities of U.S. and foreign companies. The Fund invests principally in common stocks, but its equity investments may also include real estate investment trusts (“REITs”), and other investment companies (including mutual funds and exchange-traded funds (“ETFs”)). The Fund may, from time to time, write covered call options on the equity positions it holds to generate additional income from premiums earned on such options. The Fund’s equity investments may also include indirect exposure to foreign securities through American Depositary Receipts (“ADRs”) and master limited partnerships (“MLPs”), although MLP investments will at no time exceed 20% of the Fund’s net assets (measured at the time of purchase).

The Adviser combines quantitative and fundamental analysis with risk management in identifying investment opportunities and constructing the Fund’s portfolio. The Fund may invest in equity securities issued by companies of different capitalization ranges, but will typically focus on larger companies. In selecting securities, the Adviser first uses proprietary quantitative models to identify and rank stocks based on several characteristics, including quality (of financial condition and creation of shareholder value), relative value (based on fundamental metrics and analyst estimates) and income-generation potential (measured in terms of dividend, earnings, yield and payout ratio). The Adviser then determines the most attractive of the higher ranked securities based on their current and future prospects for income generation as well as long-term price appreciation. The Adviser considers a number of factors in this process, including history of dividend payment and growth, current dividend policy, and relevant corporate events.

Finally, in constructing the Fund’s portfolio, the Adviser manages risk by diversifying across holdings and S&P economic sectors (“Sectors”), seeking to limit the potential adverse impact from any one stock or Sector. The Fund will generally hold equal-weighted positions and be diversified across Sectors and generally no more than 20% of the Fund’s net assets (measured at the time of investment) will be exposed to any one Sector. Notwithstanding this limitation, the Fund may indirectly exceed this 20% Sector exposure limit by virtue of investments in MLPs and other investment companies that may be more heavily concentrated in a particular Sector. 

The Adviser monitors the Fund’s holdings and may consider selling a security when valuation becomes excessive, there is deterioration in the issuer’s relative attractiveness, financial position or fundamental prospects, or the Adviser believes there are more attractive investment opportunities elsewhere.

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QDVIX - Performance

Return Ranking - Trailing

Period QDVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.7% -12.6% 51.8% 73.41%
1 Yr 21.8% -2.7% 66.8% 73.69%
3 Yr 5.7%* -4.1% 32.3% 87.27%
5 Yr 7.1%* 0.0% 45.7% 95.17%
10 Yr N/A* 1.7% 25.2% N/A

* Annualized

Return Ranking - Calendar

Period QDVIX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.2% -16.9% 46.1% 96.91%
2022 -18.3% -64.7% 4.6% 88.03%
2021 18.6% -44.2% 57.5% 40.02%
2020 -5.8% -23.2% 285.0% 87.86%
2019 12.7% -21.4% 48.5% 87.50%

Total Return Ranking - Trailing

Period QDVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.7% -12.6% 51.8% 73.41%
1 Yr 21.8% -2.7% 66.8% 73.69%
3 Yr 5.7%* -4.1% 32.3% 87.27%
5 Yr 7.1%* 0.0% 45.7% 95.17%
10 Yr N/A* 1.7% 25.2% N/A

* Annualized

Total Return Ranking - Calendar

Period QDVIX Return Category Return Low Category Return High Rank in Category (%)
2023 0.8% -15.9% 46.7% 97.47%
2022 -2.5% -42.0% 8.5% 21.65%
2021 25.5% 3.6% 129.7% 55.77%
2020 -1.7% -22.6% 304.8% 85.86%
2019 24.3% -12.7% 52.1% 65.91%

NAV & Total Return History


QDVIX - Holdings

Concentration Analysis

QDVIX Category Low Category High QDVIX % Rank
Net Assets 46.2 M 126 K 163 B 89.72%
Number of Holdings 28 2 1727 96.64%
Net Assets in Top 10 18.5 M 466 K 39.5 B 89.16%
Weighting of Top 10 40.09% 4.4% 99.1% 14.33%

Top 10 Holdings

  1. Stanley Black Decker Inc 4.29%
  2. Philip Morris International Inc 4.15%
  3. Truist Financial Corp 4.12%
  4. Pfizer Inc 4.05%
  5. US Bancorp 4.04%
  6. WEC Energy Group Inc 3.98%
  7. JPMorgan Chase Co 3.89%
  8. International Paper Co 3.86%
  9. Enbridge Inc 3.86%
  10. AbbVie Inc 3.85%

Asset Allocation

Weighting Return Low Return High QDVIX % Rank
Stocks
99.73% 4.16% 102.49% 9.72%
Cash
0.27% 0.00% 17.28% 87.10%
Preferred Stocks
0.00% 0.00% 13.68% 75.51%
Other
0.00% -2.59% 39.89% 78.32%
Convertible Bonds
0.00% 0.00% 3.66% 74.55%
Bonds
0.00% 0.00% 97.99% 75.70%

Stock Sector Breakdown

Weighting Return Low Return High QDVIX % Rank
Healthcare
18.81% 0.00% 30.08% 33.87%
Financial Services
17.35% 0.00% 58.05% 68.87%
Consumer Defense
15.52% 0.00% 34.10% 5.57%
Technology
14.73% 0.00% 54.02% 21.89%
Energy
11.88% 0.00% 54.00% 11.98%
Industrials
7.53% 0.00% 42.76% 86.79%
Consumer Cyclical
7.16% 0.00% 22.74% 31.89%
Communication Services
7.03% 0.00% 26.58% 30.28%
Utilities
0.00% 0.00% 27.04% 96.13%
Real Estate
0.00% 0.00% 90.54% 96.70%
Basic Materials
0.00% 0.00% 21.69% 96.42%

Stock Geographic Breakdown

Weighting Return Low Return High QDVIX % Rank
US
99.73% 4.16% 102.49% 9.25%
Non US
0.00% 0.00% 24.08% 80.00%

QDVIX - Expenses

Operational Fees

QDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.03% 14.82% 23.36%
Management Fee 0.60% 0.00% 1.50% 57.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

QDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

QDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 91.07%

Related Fees

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.

QDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 488.00% 40.22%

QDVIX - Distributions

Dividend Yield Analysis

QDVIX Category Low Category High QDVIX % Rank
Dividend Yield 2.88% 0.00% 16.67% 36.20%

Dividend Distribution Analysis

QDVIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

QDVIX Category Low Category High QDVIX % Rank
Net Income Ratio 3.45% -1.51% 4.28% 1.24%

Capital Gain Distribution Analysis

QDVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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QDVIX - Fund Manager Analysis

Managers

Michael Scherer


Start Date

Tenure

Tenure Rank

Sep 30, 2013

8.67

8.7%

Mr. Scherer joined the EquityCompass team in 2000. He is the portfolio manager of the Quality Dividend and Select Quality portfolios, as well as a senior member of the team responsible for developing and researching quantitative portfolio strategies. He has written extensively on market strategy and works closely with Stifel financial advisors educating them on EquityCompass investment portfolios and products. Mr. Scherer has an M.B.A. in Finance from Loyola University Maryland and a B.A. from the College of William & Mary with a concentration in government.

Thomas Mulroy


Start Date

Tenure

Tenure Rank

Jul 31, 2018

3.84

3.8%

Mr. Mulroy is the Executive Vice President and Senior Portfolio Manager of EquityCompass Strategies and is responsible for managing various strategies, including the Quality Dividend Strategy. Mr. Mulroy has more than 30 years of investment experience, most recently with Stifel, Nicolaus & Company, Inc. where he served as Co-Director of the Institutional Group from July 2009 to June 2017 and Executive Vice President and Head of Equity Capital Markets from December 2005 to July 2009. Tom was Co-President and Director of Stifel Financial Corp. from June 2014 through June 2017 and Senior Vice President from December 2005 through June 2014. Prior to joining Stifel, Tom served as Executive Vice President at Legg Mason Wood Walker, Inc. from 1986 through November 2005 and was instrumental in the transformative deal that brought Legg Mason Capital Markets to Stifel in their 2005 acquisition. Tom’s leadership has been a driving force behind Stifel’s growth since that time. Tom also formerly served as Chairman of the Board of Stifel Nicolaus Europe Limited. He received a B.S. in Finance from Ithaca College and an M.B.A. in Finance from American University

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.12 6.71