TMDV Profile
The ProShares Russell US Dividend Growers ETF aims to provide investors with exposure to high-quality U.S. companies known for their consistent and long-term dividend growth. The fund tracks an index constructed and maintained by FTSE International Limited, which focuses on companies within the Russell 3000 Index that have demonstrated a track record of increasing dividend payments for at least 35 consecutive years. This rigorous criterion ensures that the index includes only those companies with a strong commitment to rewarding shareholders through sustained dividend increases.
The ETF invests at least 80% of its total assets in securities that are components of this index. By doing so, it aligns closely with the performance of its benchmark, which is designed to capture the financial health and dividend reliability of established U.S. firms. These companies are selected based on their ability to consistently grow dividends over an extended period, reflecting their stability and financial strength. This focus on long-term dividend growth makes the ETF a suitable choice for investors seeking income and potential capital appreciation.
The index targets a specific subset of the Russell 3000 Index, which encompasses a broad range of U.S. equities. By focusing on firms that have increased dividends annually for a minimum of 35 years, the ETF highlights companies with a demonstrated ability to navigate various economic cycles while maintaining robust cash flow to support rising dividend payouts. This selective approach aims to provide investors with access to high-quality dividend growth stocks that have a proven track record of financial resilience and shareholder value creation.
ProShares, a leading provider of exchange-traded funds (ETFs), manages this fund with a focus on delivering targeted exposure to dividend growth equities. The company leverages its extensive experience in ETF management and its partnership with FTSE International Limited to ensure the fund adheres to its investment objectives. By investing in this ETF, shareholders gain access to a diversified portfolio of companies known for their reliable and growing dividends, offering both income and potential long-term growth in their investment portfolios.
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