MFEM - PIMCO RAFI Dynamic Multi-Factor Emerging Market Equity ETF
| Assets | $589.59M |
| NAV | $29.60 |
| Expense Ratio | 0.49% |
| PE Ratio | 18.29 |
| Beta (5Y) | 0.89 |
| Dividend (ttm) | $0.42 |
| Dividend Yield | 1.42% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $29.60 |
| Previous Close | $29.76 |
| Change ($) | -0.16 |
| Change (%) | -0.54% |
| Day's Open | 29.73 |
| Day's Range | 29.55 - 29.75 |
| Day's Volume | 7,456 |
| 52-Week Range | 17.49 - 30.37 |
Fund Description
The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.
| Asset Class Equity | Sector Emerging Markets |
| Region Emerging-Broad | Inception Date Aug 31, 2017 |
| Exchange NYSEARCA | Ticker Symbol MFEM |
| Index Tracked RAFI Dynamic Multi-Factor Emerging Markets Index | |
Top 10 Holdings
26.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 2330.TW | 3.99% |
| iShares MSCI India ETF | INDA | 3.74% |
| Hyundai Motor Co | 005380.KS | 3.46% |
| Infosys | INFY | 3.03% |
| Vale SA | VALE3.SA | 2.68% |
| Kia Motors Corp | 000270.KS | 2.12% |
| Tencent Holdings Ltd | 700.HK | 1.92% |
| JD.com | JD | 1.79% |
| Reliance Industries Ltd ADR | RIGDS. | 1.68% |
| Meituan | 3690.HK | 1.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.03 | Apr 7, 2021 |
| Dec 30, 2020 | $0.20 | Jan 5, 2021 |
| Oct 1, 2020 | $0.08 | Oct 6, 2020 |
| Jul 1, 2020 | $0.11 | Jul 7, 2020 |
| Apr 1, 2020 | $0.07 | Apr 6, 2020 |
| Dec 30, 2019 | $0.28 | Jan 3, 2020 |
News
Emerging market stocks continued their year-end rally to start 2021 buoyed by a wider rollout of COVID-19 vaccines as well as Joe Biden's victory in the U.S. presidential election.