ProShares Russell US Dividend Growers ETF (TMDV)
BATS BATS Primary Summary
TMDV Chart
ProShares Russell US Dividend Growers ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 50 | $2,410.5 | $2,506.5 | $96 | 3.98% |
 Christopher C. Powers Farther Finance Advisors, LLC | 1,800 | $84,123 | $90,234 | $6,111 | 7.26% |
ProShares Russell US Dividend Growers ETF (TMDV) FAQ
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ProShares Russell US Dividend Growers ETF Profile
| BATS Exchange | US Country |
Overview
The index described appears to be a financial instrument constructed and managed by FTSE International Limited, targeting a very specific segment of the financial market. This index focuses on companies that are part of the Russell 3000 Index, which represents a large segment of the U.S. equities market. Its distinct feature is the requirement for these companies to have a consistent history of increasing dividend payments for at least 35 years, demonstrating long-term financial stability and reliability to its investors.
Additionally, the index incorporates certain liquidity requirements, ensuring that the included stocks are not just stable and growing in terms of dividends, but also readily tradable in the financial markets. This aspect is crucial for investors seeking flexibility and the ability to move in and out of positions without significant market impact. The strategy of investing at least 80% of the fund’s total assets in the component securities underscores a commitment to the index’s core premise, focusing heavily on dividend growth as a key investment criterion.
Products and Services
- Component Securities Investment
This primary service involves the allocation of at least 80% of the fund's total assets into the securities that make up the index. This approach ensures that the fund is heavily invested in companies that not only are part of the Russell 3000 Index but also have a proven track record of increasing their dividend payments annually for a minimum of 35 years. By focusing on these criteria, the fund aims to offer investors a stable and potentially growing income stream, alongside the opportunity for capital appreciation.
- Liquidity Management
By implementing certain liquidity requirements for the securities included in the index, the fund provides an additional layer of risk management. This service ensures that the investments are not only stable and have a potential for income and growth, but are also liquid. This means investors can expect the ability to buy and sell shares of the fund with relative ease, a critical consideration for many when selecting investment vehicles. Liquidity management is crucial for maintaining the health and attractiveness of the fund in volatile market conditions.
