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About Brookstone Dividend Stock ETF
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Inception date
Sep 28, 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
Brookstone Asset Management LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66537J5074
BAMDs objective is to provide income and capital appreciation by actively investing in income-producing US stocks or ETFs. To be considered income-producing, the companies must have a history of paying or increasing dividends, as well as have the ability to continue paying dividends. Mid- or larger-cap companies are screened and favored. The eligible companies are then analyzed using external and internal research done by the funds adviser by considering its current dividend yield, expectations for the frequency and size of the dividend, company reputation, company growth, relevance to investors, and third-party financial ratings of potential investments. Approximately 30 high-quality dividend-oriented stocks are selected, all of which are either below their fundamental fair value or are reasonably priced. Note that the fund may tilt to certain sectors due to greater dividend-paying stocks exposure.
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BAMD assets under management is 100.26 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BAMD invests in stocks. See more details in our Analysis section.
BAMD expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BAMD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, BAMD pays dividends to its holders with the dividend yield of 3.66%.
BAMD shares are issued by AmeriLife Group LLC
BAMD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 28, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.