TBG Dividend Focus ETF (TBG)
ARCA ARCA Primary 
TBG: Improved Fundamentals But Still Falls Short Of FDVV
TBG Dividend Focus ETF maintains a 'hold' rating as fundamentals remain competitive within its category. TBG offers a 12.75% next-year EPS growth rate, which should easily support future dividend growth, and a 3.59% estimated dividend yield that's well above its 2.70% trailing yield. The portfolio is concentrated but still well-diversified at the sector level, despite managers being sector agnostic. TBG's highest-weighted equity position is Blackstone at 4.55%.
Esco Technologies to Acquire TBG's Megger Group in $2.35 Billion Deal
Esco said that Megger, which provides testing, monitoring, and data solutions for utilities and infrastructure companies, would join its Utility Solution Group segment.
TBG: Why I'm Not Sold On This High-Conviction Dividend ETF
TBG is an actively managed fund comprised of 30-40 U.S. stocks with solid track records of increasing dividends. Its expense ratio is 0.59%, and TBG's 30-day SEC yield is 3.26%. Despite its active mandate, TBG Dividend Focus ETF compares negatively to FDVV from a fundamentals perspective, offering meaningfully less growth and quality and only a marginally better yield. The fund's earnings growth rates may not be sufficient enough to sustain the 5-7% dividend growth targeted by management. Its 65.5% weighted payout ratio is arguably already stretched.
TBG: A High-Conviction Dividend ETF Finding Its Footing
TBG is an actively managed ETF comprised of 30-40 U.S. companies selected for their dividend sustainability and ability to grow distributions over a 5-7 year market cycle. The fund's 0.59% expense ratio negatively impacts distributions, but its 2.40% trailing dividend yield is likely understated. This article explains why I expect it to gradually increase to the 3.50-3.60% range. TBG has solid quality and dividend growth features, though negative historical earnings growth rates have led to a high 66% payout ratio, 8% more than the four-year average.
TBG: Potent Dividend Strategy, Yet Liquidity And Returns Weigh On The Rating
TBG is a 2.87% yielding actively managed dividend ETF with a concentrated portfolio of just 34 companies. TBG Dividend Focus ETF has a potent strategy, as it has beaten a few peers since its inception, though it has lagged the market. The Fund has a value tilt and excellent quality, but low-fee passively managed SCHD looks stronger, with higher weighted average ROA and dividend growth rates.
TBG: Dividend Strategy Mindful Of FCF, Mostly Delivers, Worth Shortlisting
TBG has an active strategy with a focus on dividend growth stocks with resilient balance sheets and robust FCF. The results it has delivered since inception in 2023 are impressive beyond doubt, as it has beaten a few heavyweight dividend growth ETFs easily. Its financials-heavy portfolio of 35 companies has impressive quality and value exposures. However, its growth characteristics, namely the 3-year FCF CAGR, look too weak to me.
TBG: A New And Promising Dividend Growth ETF
TBG Dividend Focus ETF is an actively managed dividend growth ETF with a concentrated portfolio of 34 stocks. TBG has value characteristics and is well-diversified across sectors, with a focus on financials. TBG track record is short, but promising: it has outperformed most dividend-growth ETFs since its inception.
