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About TBG Dividend Focus ETF
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Inception date
Nov 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L3758
TBG looks for dividend growth in the US equity space. The fund begins its selection process by identifying large-, mid-, and small-cap US companies with a dividend yield greater than the S&P 500s average yield. The fund utilizes a bottom-up, fundamental process to screen for companies with the ability to grow their dividends more than 5% per year over a 5- to 7-year market cycle. The fund adviser prefers companies with demonstrated ability to grow their free cash flows, earnings, and dividends while maintaining their financial strength. The quality and reputation of a companys management are also considered by the adviser. The resulting portfolio typically comprises 30 to 40 companies. The fund is actively managed, the adviser has full discretion to buy, hold, or sell portfolio securities at any given time. The fund may also lend securities of up to one-third of the funds total assets.
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
Finance
Consumer Non-Durables
Health Technology
Stocks97.59%
Finance23.94%
Consumer Non-Durables14.46%
Health Technology13.42%
Electronic Technology9.79%
Industrial Services6.96%
Energy Minerals6.03%
Utilities5.89%
Communications4.37%
Process Industries3.06%
Consumer Services2.67%
Technology Services2.45%
Health Services2.28%
Producer Manufacturing2.25%
Bonds, Cash & Other2.41%
Mutual fund2.31%
Cash0.10%
Stock breakdown by region
North America96.87%
Europe3.13%
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
TBG invests in stocks. The fund's major sectors are Finance, with 23.94% stocks, and Consumer Non-Durables, with 14.46% of the basket. The assets are mostly located in the North America region.
TBG top holdings are Simon Property Group, Inc. and Verizon Communications Inc., occupying 5.11% and 4.37% of the portfolio correspondingly.
TBG last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.25 USD in dividends, which shows a 8.21% decrease.
TBG assets under management is 179.61 M USD. It's risen 0.55% over the last month.
TBG fund flows account for 92.63 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, TBG pays dividends to its holders with the dividend yield of 2.52%. The last dividend (Sep 30, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
TBG shares are issued by Empirical Finance LLC under the brand Madison Avenue. The ETF was launched on Nov 6, 2023, and its management style is Active.
TBG expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
TBG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TBG invests in stocks.
TBG price has fallen by −1.40% over the last month, and its yearly performance shows a 3.73% increase. See more dynamics on TBG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.52% over the last month, have fallen by −0.52% over the last month, showed a 1.67% increase in three-month performance and has increased by 6.54% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.52% over the last month, have fallen by −0.52% over the last month, showed a 1.67% increase in three-month performance and has increased by 6.54% in a year.
TBG trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.