For investors seeking momentum, Bahl & Gaynor Small/Mid Cap Income Growth ETF SMIG is probably on the radar now. The fund just hit a 52-week high and jumped 17.8% from its 52-week low price of $27.66 per share.
On Thursday, Bahl & Gaynor expanded its selection of ETFs with the launch of two new funds. Both of the new Bahl & Gaynor ETFs seek to offer dividend income with a long-term time horizon.
I'm a huge fan of the Bahl & Gaynor Small/Mid Cap Income Growth ETF, which combines small/mid-cap focus with dividend growth. SMIG's actively managed approach targets top-notch small and mid-cap companies with lasting competitive edges and strong income growth potential. The fund's concentrated portfolio and sector allocation in Industrials and Financials aim for steady dividends and capital appreciation.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 2,926 | $84,632.13 | $96,938.38 | $12,306.25 | 14.54% |
| TM Tracy Murray EdgeRock Capital LLC | 30,561 | $880,467.55 | $1.01M | $130,795.94 | 14.86% |
Andrew Burkey Joseph Group Capital Management | 205,528 | $5.93M | $6.81M | $872,596.1 | 14.71% |
Lori Fernicola Castle Wealth Management LLC | 220,316 | $5.23M | $7.36M | $2.13M | 40.78% |
| DT Desaree Tatum Heritage Wealth Management Inc. | 85,820 | $2.28M | $2.88M | $598,246.79 | 26.24% |
| ARCA Exchange | US Country |
The fund operates as an actively managed exchange-traded fund (ETF) focusing on the investment in U.S.-listed equity securities of small- and mid-capitalization companies. It aims to allocate at least 80% of its net assets, along with any borrowings for investment purposes, towards small- and mid-cap companies. With a primary focus on entities listed on a U.S. exchange, the fund's investment portfolio is designed to capitalize on the potential high growth of these smaller to medium-sized companies by employing a strategy that prioritizes adaptability and active management.
The fund's core investment focuses on common stocks of U.S. companies, ensuring a diversified portfolio that taps into the growth potential of various sectors. These equity securities are selected based on rigorous analysis, aiming to invest in companies with significant growth potential and robust business models.
ADRs represent a significant component of the fund's investment strategy, allowing it to hold shares of non-U.S. companies that are traded on U.S. exchanges. This diversifies the investment portfolio beyond traditional U.S. equities, providing exposure to international markets and companies whilst maintaining the convenience and regulatory standards of U.S. market trading.
Investing in REITs allows the fund to have exposure to the real estate sector without the need for direct property ownership. REITs offer potential income generation and diversification benefits, leveraging the real estate market's dynamics through a liquid, equity-based investment vehicle.