Key stats
About Swan Enhanced Dividend Income ETF
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Inception date
Feb 26, 2024
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
Swan Capital Management LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66538R5321
SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.
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
Technology Services
Electronic Technology
Finance
Stocks100.83%
Technology Services25.33%
Electronic Technology23.38%
Finance15.58%
Health Technology8.92%
Retail Trade8.48%
Consumer Non-Durables3.62%
Consumer Durables2.73%
Energy Minerals2.58%
Utilities2.39%
Process Industries1.87%
Transportation1.34%
Producer Manufacturing0.97%
Consumer Services0.60%
Industrial Services0.44%
Bonds, Cash & Other−0.83%
Cash1.81%
Rights & Warrants−2.64%
Stock breakdown by region
North America99.00%
Europe1.00%
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
SCLZ invests in stocks. The fund's major sectors are Technology Services, with 26.00% stocks, and Electronic Technology, with 24.00% of the basket. The assets are mostly located in the North America region.
SCLZ top holdings are Apple Inc. and Microsoft Corporation, occupying 6.79% and 6.04% of the portfolio correspondingly.
SCLZ last dividends amounted to 0.37 USD. The month before, the issuer paid 0.36 USD in dividends, which shows a 2.00% increase.
SCLZ assets under management is 13.50 M USD. It's risen 0.82% over the last month.
SCLZ fund flows account for 10.67 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, SCLZ pays dividends to its holders with the dividend yield of 14.35%. The last dividend (Sep 24, 2025) amounted to 0.37 USD. The dividends are paid monthly.
SCLZ shares are issued by Swan Global Holdings (US) LLC under the brand Swan. The ETF was launched on Feb 26, 2024, and its management style is Active.
SCLZ expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
SCLZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SCLZ invests in stocks.
SCLZ price has risen by 1.22% over the last month, and its yearly performance shows a 0.92% increase. See more dynamics on SCLZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.04% over the last month, showed a 5.10% increase in three-month performance and has increased by 7.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.04% over the last month, showed a 5.10% increase in three-month performance and has increased by 7.69% in a year.
SCLZ trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.