Key stats
About Distillate Small/Mid Cash Flow ETF
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Inception date
Oct 5, 2022
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
Distillate Capital Partners LLC
Distributor
Quasar Distributors LLC
ISIN
US26922B6671
DSMC seeks to identify undervalued companies using free cash flow. The fund targets the US mid- and small-cap space, which the adviser defines as the bottom 15% of the total US market capitalization. To be eligible for inclusion, companies must: i) be headquartered in the US, ii) have sufficient liquidity, iii) have reported free cash flow data for the last three fiscal years, and iv) have forward EBITDA estimates. The funds initial universe excludes companies with negative forward 12-month free cash flow estimates from FactSet Research Systems. Eligible companies are then reviewed using a proprietary analysis that focuses on free cash flow yield, which the adviser believes indicates a companys valuation. In addition, the fund adviser also considers a companys leverage calculation to measure quality. As an actively managed fund, the adviser has the discretion to include or exclude companies based on unusual data or fundamental conditions.
Related funds
Classification
What's in the fund
Exposure type
Producer Manufacturing
Energy Minerals
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.
DSMC assets under management is 105.41 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.
DSMC invests in stocks. See more details in our Analysis section.
DSMC expense ratio is 0.55%. 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, DSMC 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, DSMC pays dividends to its holders with the dividend yield of 0.86%.
DSMC shares are issued by Distillate Capital Partners LLC
DSMC 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 Oct 5, 2022.
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.