Brookstone Dividend Stock ETF (BAMD)
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BAMD Chart
BAMD: Excessive 0.95% Annual Fee, A Red Flag For Dividend Investors
Brookstone Dividend Stock ETF offers an attractive 4.21% trailing dividend yield, but its excessive 0.95% expense ratio ruins what could be a viable option for high-income investors. BAMD's annual financials reveal 18% of the fund's total investment income was diverted to expenses, a substantial amount compared to alternatives like SPYD, HDV, DHS, and SCHD. My analysis revealed poor dividend growth and safety features. The dividend payout ratio is 70%, and its constituents only increased dividends by an annualized 3.78% over the last five years.
Brookstone Dividend Stock ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NS Nicholas Shaheen FSA Advisors Inc. | 9,943 | $298,490 | $323,147.5 | $24,657.5 | 8.26% |
| EM Erin Mccann Simplicity Wealth LLC | 14,931 | $463,153.35 | $485,406.81 | $22,253.46 | 4.8% |
| LB Leonid Berline ARMSTRONG ADVISORY GROUP Inc. | 587 | $17,622 | $19,054.02 | $1,432.02 | 8.13% |
 Chris Bulman Inc. Chris Bulman Inc | 21,518 | $627,252.26 | $698,474.28 | $71,222.02 | 11.35% |
Brookstone Dividend Stock ETF (BAMD) FAQ
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Brookstone Dividend Stock ETF Profile
| BATS Exchange | US Country |
Overview
The fund, as an actively managed exchange traded fund (ETF), focuses on generating income through investments. It primarily aims to invest a significant portion of its assets, specifically at least 80% of its net assets along with any borrowings for investment aims, in income-producing, publicly-traded U.S. stocks or in unaffiliated ETFs that are purchased on the secondary market. This strategic approach allows the fund to target securities that can offer regular income, aligning with the investment goals of income-focused investors. Operating within the U.S. securities market, the fund leverages the flexibility and efficiency of ETF structures to pursue its income-generation objectives.
Products and Services
The fund’s investment strategy is underpinned by two main classes of financial instruments, detailing how it aims to generate income for its investors:
- Income-Producing, Publicly-Traded U.S. Stocks
One of the primary vehicles for the fund’s investment strategy focuses on identifying and investing in publicly-traded U.S. stocks that have a strong track record or potential for income production. These can range from dividend-paying stocks across various sectors to stocks of companies with strong cash flows and financial health that indicate an ability to sustain, or possibly increase, dividend payouts in the future.
- Unaffiliated ETFs Purchased in the Secondary Market
In addition to direct stock holdings, the fund leverages the diversity and liquidity of the ETF market by purchasing units of unaffiliated ETFs in the secondary market. This method not only broadens the fund’s income sources but also adds a layer of diversification, potentially mitigating risks associated with direct stock investments. These unaffiliated ETFs are selected based on their ability to contribute to the fund’s income production goals, factoring in their historical performance, yield, and the sectors they focus on.
