Federated Hermes U.S. Strategic Dividend ETF (FDV)
| Assets | $150.48M |
| Expense Ratio | 0.50% |
| PE Ratio | 16.50 |
| Shares Out | 5.51M |
| Dividend (ttm) | $0.86 |
| Dividend Yield | 3.13% |
| Ex-Dividend Date | Aug 30, 2024 |
| Payout Ratio | 51.62% |
| 1-Year Return | +15.56% |
| Volume | 10,874 |
| Open | 27.35 |
| Previous Close | 27.31 |
| Day's Range | 27.22 - 27.45 |
| 52-Week Low | 21.32 |
| 52-Week High | 27.45 |
| Beta | n/a |
| Holdings | 53 |
| Inception Date | Nov 15, 2022 |
About FDV
Fund Home PageThe Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth. FDV was launched on Nov 15, 2022 and is issued by Federated Hermes.
Top 10 Holdings
28.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Amgen Inc. | AMGN | 3.09% |
| Morgan Stanley | MS | 3.07% |
| Chevron Corporation | CVX | 3.06% |
| The PNC Financial Services Group, Inc. | PNC | 2.96% |
| Duke Energy Corporation | DUK | 2.81% |
| Gilead Sciences, Inc. | GILD | 2.81% |
| The Southern Company | SO | 2.78% |
| Target Corporation | TGT | 2.71% |
| The Coca-Cola Company | KO | 2.70% |
| LyondellBasell Industries N.V. | LYB | 2.50% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 30, 2024 | $0.0801 | Sep 3, 2024 |
| Jul 31, 2024 | $0.0614 | Aug 1, 2024 |
| Jun 28, 2024 | $0.0585 | Jul 1, 2024 |
| May 31, 2024 | $0.0879 | Jun 3, 2024 |
| Apr 26, 2024 | $0.0513 | May 1, 2024 |
| Mar 26, 2024 | $0.0528 | Apr 1, 2024 |
News
Federated Hermes Debuts 4 New Active Quantitative ETFs
As active ETFs continue to mature, more and more firms are entering the space with renewed vigor. Active strategies offer real advantages as a “plus” option on top of a core, passive allocation, while...
Federated Hermes, Inc. launches four MDT quantitative active ETFs
• New products double the number of Federated Hermes ETFs PITTSBURGH , July 31, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in investment management, today announced the...
FDV: Avoid This 3.63% Yielding Active Dividend Growth ETF
FDV is an actively-managed dividend fund, emphasizing low-volatile stocks with strong dividend growth potential. Its AUM is $104 million and its expense ratio is 0.50% after waivers. Its 3.63% expecte...
Why Mutual Fund Companies Are Entering the ETF Industry
Brandon Clark, senior vice president, director of ETF business at Federated Hermes, talks about the promise of active ETFs, and why mutual fund companies are entering the ETF industry.
FDV: A Novel Dividend Vehicle Deserves A Closer Look
FDV is a novel actively-managed dividend fund with just three full months on the books. FDV has delivered a strong total return, trouncing IVV since its inception in November 2022.
FDV: Can This New High-Dividend ETF Survive?
On November 16, 2022, Federated Hermes launched a new actively-managed dividend ETF with a net 0.50% expense ratio. FDV selects 40-60 U.S. dividend-paying stocks with yields above the S&P 500. Besides...
Federated Hermes, Inc. launches U.S. Strategic Dividend ETF
New dividend-focused product adds to growing ETF business PITTSBURGH , Nov. 16, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announc...