T. Rowe Price Dividend Growth ETF
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.0%
1 yr return
18.0%
3 Yr Avg Return
7.1%
5 Yr Avg Return
N/A
Net Assets
$397 M
Holdings in Top 10
27.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.10%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TDVG - Profile
Distributions
- YTD Total Return 17.0%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.01%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameT. Rowe Price Dividend Growth ETF
-
Fund Family NameTROWEPRICE
-
Inception DateAug 04, 2020
-
Shares Outstanding4260000
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Huber
Fund Description
The fund normally invests at least 80% of the fund’s assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). The adviser believes that a track record of dividend increases can be an excellent indicator of financial health and growth prospects, and that over the long term, income can contribute significantly to total
return. Dividends can also help reduce the fund’s volatility during periods of market turbulence and help offset losses when stock prices are falling.
The adviser’s research analysts look for stocks with sustainable, above-average growth in earnings and dividends. When appropriate, the portfolio manager may attempt to buy stocks when they are temporarily out of favor or undervalued by the market. Holdings tend to be in large- to mid-cap companies.
At times, the fund may have a significant portion of its assets invested in the same economic sector.
The fund primarily invests in common stock, but may also invest in exchange-traded securities that trade synchronously with the fund’s shares, cash, and cash equivalents. The fund may also invest in American Depositary Receipts (ADRs) and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund’s shares (i.e., during the U.S. listing exchange’s trading hours).
In selecting investments, the adviser generally favors companies that it believes possess one or more of the following:
·either a track record of, or the potential for, above-average earnings and dividend growth;
·a competitive current dividend yield;
·a sound balance sheet and solid cash flow to support future dividend increases;
·a sustainable competitive advantage and leading market position; and
·attractive valuations, such as low price/earnings, price/cash flow, or price/sales ratios.
The fund is an actively-managed, exchange-traded fund (ETF) that does not disclose portfolio holdings daily. In order to provide market participants with information on the fund’s investments, the fund publishes a “Proxy Portfolio” on its website daily. A Proxy Portfolio is a basket of securities that is designed to closely track the daily performance of the fund’s portfolio holdings. While the Proxy Portfolio includes some of the fund’s holdings, it is not the fund’s actual portfolio. The Proxy Portfolio could be based on a broad-based securities index or the fund’s recently disclosed portfolio holdings. The fund’s Portfolio Overlap is available on the fund’s website daily. The Portfolio Overlap is the percentage weight overlap between the holdings of the prior business day’s Proxy Portfolio compared to the holdings of the fund that formed the basis for the fund’s calculation of net asset value (NAV) at the end of the prior business day.
TDVG - Performance
Return Ranking - Trailing
Period | TDVG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.0% | 4.3% | 46.2% | 84.45% |
1 Yr | 18.0% | 5.8% | 61.3% | 87.76% |
3 Yr | 7.1%* | -11.0% | 19.2% | 74.27% |
5 Yr | N/A* | -7.6% | 110.6% | 74.30% |
10 Yr | N/A* | -0.1% | 52.9% | 81.32% |
* Annualized
Return Ranking - Calendar
Period | TDVG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -42.6% | 47.4% | 76.34% |
2022 | -11.2% | -56.3% | -4.2% | 2.75% |
2021 | 25.1% | -27.2% | 537.8% | 15.14% |
2020 | N/A | -22.5% | 2181.7% | N/A |
2019 | N/A | -13.5% | 40.4% | N/A |
Total Return Ranking - Trailing
Period | TDVG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.0% | 4.3% | 46.2% | 84.45% |
1 Yr | 18.0% | 5.8% | 61.3% | 87.76% |
3 Yr | 7.1%* | -11.0% | 19.2% | 74.27% |
5 Yr | N/A* | -7.6% | 110.6% | N/A |
10 Yr | N/A* | -0.1% | 52.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TDVG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.0% | -5.0% | 47.4% | 90.16% |
2022 | -10.2% | -36.8% | -2.2% | 9.58% |
2021 | 26.2% | 3.0% | 537.8% | 55.41% |
2020 | N/A | -15.8% | 2266.0% | N/A |
2019 | N/A | -0.4% | 241.3% | N/A |
TDVG - Holdings
Concentration Analysis
TDVG | Category Low | Category High | TDVG % Rank | |
---|---|---|---|---|
Net Assets | 397 M | 2.34 M | 1.55 T | 72.79% |
Number of Holdings | 103 | 2 | 3963 | 53.42% |
Net Assets in Top 10 | 196 M | 880 K | 525 B | 69.25% |
Weighting of Top 10 | 27.11% | 0.3% | 111.6% | 90.31% |
Top 10 Holdings
- MICROSOFT CORP COMMON STOCK USD.00000625 6.01%
- APPLE INC COMMON STOCK USD.00001 4.94%
- STATE STREET INSTITUTIONAL US STATE ST INST US GOV MM PREM 2.34%
- VISA INC CLASS A SHARES COMMON STOCK USD.0001 2.14%
- JPMORGAN CHASE + CO COMMON STOCK USD1.0 2.08%
- GENERAL ELECTRIC COMMON STOCK USD.01 2.08%
- CHUBB LTD COMMON STOCK 2.06%
- UNITEDHEALTH GROUP INC COMMON STOCK USD.01 1.91%
- ELI LILLY + CO COMMON STOCK 1.82%
- MARSH + MCLENNAN COS COMMON STOCK USD1.0 1.72%
Asset Allocation
Weighting | Return Low | Return High | TDVG % Rank | |
---|---|---|---|---|
Stocks | 97.60% | 0.00% | 105.79% | 77.99% |
Cash | 2.40% | 0.00% | 99.07% | 22.92% |
Preferred Stocks | 0.00% | 0.00% | 2.03% | 98.27% |
Other | 0.00% | -13.91% | 100.00% | 94.06% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 98.26% |
Bonds | 0.00% | 0.00% | 93.85% | 98.35% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TDVG % Rank | |
---|---|---|---|---|
Technology | 18.92% | 0.00% | 48.94% | 78.51% |
Healthcare | 18.34% | 0.00% | 52.29% | 12.09% |
Financial Services | 16.49% | 0.00% | 55.59% | 20.57% |
Industrials | 14.47% | 0.00% | 29.90% | 8.23% |
Consumer Defense | 9.44% | 0.00% | 47.71% | 14.53% |
Consumer Cyclical | 8.34% | 0.00% | 30.33% | 79.35% |
Utilities | 4.54% | 0.00% | 20.91% | 10.16% |
Real Estate | 3.33% | 0.00% | 31.91% | 27.29% |
Basic Materials | 2.69% | 0.00% | 25.70% | 44.84% |
Communication Services | 1.82% | 0.00% | 27.94% | 94.46% |
Energy | 1.61% | 0.00% | 41.64% | 80.02% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TDVG % Rank | |
---|---|---|---|---|
US | 97.60% | 0.00% | 105.79% | 67.19% |
Non US | 0.00% | 0.00% | 63.83% | 98.76% |
TDVG - Expenses
Operational Fees
TDVG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.01% | 19.75% | 74.02% |
Management Fee | 0.50% | 0.00% | 1.90% | 50.37% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
TDVG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TDVG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TDVG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.10% | 0.00% | 268.00% | 27.01% |
TDVG - Distributions
Dividend Yield Analysis
TDVG | Category Low | Category High | TDVG % Rank | |
---|---|---|---|---|
Dividend Yield | 1.04% | 0.00% | 25.47% | 51.49% |
Dividend Distribution Analysis
TDVG | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
TDVG | Category Low | Category High | TDVG % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.01% | -54.00% | 2.44% | 32.77% |
Capital Gain Distribution Analysis
TDVG | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.107 | OrdinaryDividend |
Jun 26, 2024 | $0.085 | OrdinaryDividend |
Mar 25, 2024 | $0.111 | OrdinaryDividend |
Dec 20, 2023 | $0.132 | OrdinaryDividend |
Sep 26, 2023 | $0.112 | OrdinaryDividend |
Jun 27, 2023 | $0.117 | OrdinaryDividend |
Mar 28, 2023 | $0.101 | OrdinaryDividend |
Dec 20, 2022 | $0.105 | OrdinaryDividend |
Sep 27, 2022 | $0.095 | OrdinaryDividend |
Jun 27, 2022 | $0.081 | OrdinaryDividend |
Mar 28, 2022 | $0.080 | OrdinaryDividend |
Dec 20, 2021 | $0.086 | OrdinaryDividend |
Sep 27, 2021 | $0.068 | OrdinaryDividend |
Jun 25, 2021 | $0.063 | OrdinaryDividend |
Mar 26, 2021 | $0.067 | OrdinaryDividend |
Dec 18, 2020 | $0.076 | OrdinaryDividend |
Sep 25, 2020 | $0.037 | OrdinaryDividend |
TDVG - Fund Manager Analysis
Managers
Thomas Huber
Start Date
Tenure
Tenure Rank
Aug 04, 2020
1.82
1.8%
Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price since 2000. Mr. Huber has been chairman of the committee since 2000. He joined the Firm in 1994. Mr. Huber has 21 years of banking and investment experience, 20 of which have been with T. Rowe Price. Prior to assuming his portfolio management responsibilities, he was an equity analyst specializing in leisure, food and drug retail, and specialty retail. Mr. Huber was employed by Robert W. Baird as an assistant vice president managing IPO and merger and acquisition activity. Prior to this, he was a credit analyst and corporate banking relationship manager for NationsBank Corporation (now Bank of America). A graduate of the University of Virginia, Mr. Huber earned a B.S. in finance. He earned an M.S. in finance from the University of Wisconsin-Madison, School of Business in the applied security analysis and portfolio management program. He has also earned the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.27 | 2.42 |