STXD Profile
Strive 1000 Dividend Growth ETF is an exchange-traded fund that seeks to provide investors with exposure to large- and mid-cap growth companies in the U.S. equity market, specifically focusing on firms with a strong record of paying dividends. The fund tracks a subset of the Bloomberg US 1000 Growth Index, which is designed to reflect the performance of growth-oriented companies in the U.S. stock market. The index is selected and maintained by Bloomberg, ensuring a rigorous and objective benchmark for evaluating the performance of growth stocks.
Under normal market conditions, the Strive 1000 Dividend Growth ETF invests at least 80% of its total assets, excluding collateral from securities lending, in dividend-paying equity securities. This allocation strategy emphasizes companies that not only demonstrate growth potential but also have a history of returning capital to shareholders through dividends. By focusing on dividend-paying stocks, the ETF aims to offer investors a combination of capital appreciation and income generation.
Managed by Strive Asset Management, the ETF benefits from the firm's expertise in growth and income investing. Strive Asset Management employs a comprehensive investment process that includes selecting companies with robust growth prospects and a commitment to returning value to shareholders through dividends. The management team conducts detailed fundamental analysis and utilizes Bloomberg’s extensive data and research to identify suitable investment opportunities within the large- and mid-cap sectors.
The Strive 1000 Dividend Growth ETF is designed for investors seeking a growth-oriented investment with an added income component. By focusing on companies that pay dividends, the fund aims to provide a steady income stream while capturing the growth potential of leading U.S. firms. This approach offers a balanced investment strategy that targets both capital appreciation and income, appealing to investors looking for stability and growth in their equity investments.
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