Key stats
About AstraZeneca PLC ADRhedged
Home page
Inception date
Oct 1, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Distributor
Foreside Fund Services LLC
ISIN
US74016W3043
AZNH provides exposure to currency-hedged depositary receipt for Americans interested in investing in AstraZeneca Plc. Investing in the ADR or original shares directly exposes investors currency fluctuations, which impacts returns. ADRhedged products aim to provide a slightly different approach to international investing by focusing on a single international stock and hedging the specific currency risk. It is anticipated that each ETF share will represent one ADR share. In addition, each day a currency hedge contract is marked to the market based on the notional value of the currency hedge contract and the change in the value of the local currency in relation to the US dollar. As a result of the market-to-market payments, the ratio of portfolio securities to shares will vary over time. The objective is to provide the total return performance of the stock in its local market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Mutual fund
Stocks99.10%
Health Technology50.47%
Bonds, Cash & Other0.90%
Mutual fund97.25%
Cash−96.35%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AZNH assets under management is 2.47 M USD. It's fallen 58.73% over the last month.
AZNH fund flows account for 1.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AZNH pays dividends to its holders with the dividend yield of 11.00%. The last dividend (Dec 23, 2024) amounted to 2.71 USD. The dividends are paid quarterly.
AZNH shares are issued by Precidian Investments LLC under the brand ADRhedged. The ETF was launched on Oct 1, 2024, and its management style is Passive.
AZNH expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
AZNH follows the AstraZeneca PLC - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AZNH invests in stocks.
AZNH price has risen by 8.92% over the last month, and its yearly performance shows a −2.52% decrease. See more dynamics on AZNH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 14.09% increase in three-month performance and has increased by 18.10% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 14.09% increase in three-month performance and has increased by 18.10% in a year.
AZNH trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.