TDVG Profile
The T. Rowe Price Dividend Growth ETF is an actively managed fund focused on investing in stocks with a robust history of paying dividends or those expected to initiate dividend payments in the future. The fund commits at least 80% of its assets to such dividend-paying stocks, including futures with similar economic characteristics. By concentrating on companies with a proven ability to pay or grow dividends, the fund aims to deliver a consistent income stream to investors while seeking capital appreciation.
The ETF primarily invests in exchange-traded securities that are traded synchronously with the fund's shares, including cash and cash equivalents. This ensures that the fund’s investment transactions align with its trading activities, facilitating efficient management and liquidity. Additionally, the fund may invest in American Depositary Receipts (ADRs) and common stocks listed on foreign exchanges, provided these securities trade synchronously with the fund's shares during U.S. market hours. This global approach allows for diversification and access to international dividend-paying opportunities.
The investment strategy emphasizes selecting high-quality companies with a strong track record of dividend payments or those with potential for future dividend growth. The fund's active management approach involves continuous evaluation of market conditions and individual stock performance, aiming to maintain a portfolio of securities that align with its dividend-focused investment objectives. The inclusion of both domestic and international stocks enhances the fund's ability to identify and capitalize on attractive dividend opportunities across various markets.
In summary, the T. Rowe Price Dividend Growth ETF provides a focused investment solution for investors seeking reliable income through dividends and potential capital growth. Its strategy of investing primarily in dividend-paying stocks and its use of a global investment approach aim to offer a balanced portfolio with opportunities for stable returns. The fund’s active management and emphasis on dividend growth reflect its commitment to delivering consistent income and long-term value to investors.
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