KLCD

KFA Large Cap Quality Dividend Index ETF

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Investment Strategy:

KLCD is benchmarked to the Russell 1000 Dividend Select Equal Weight Index, which takes a smart beta1 approach to investing in US Large Cap companies. The strategy seeks to measure the performance of US companies that have successfully increased their dividend payments over a period of ten years. The Index is designed to provide a benchmark for investors looking to capture a concentrated portfolio of constituents demonstrating increased dividends and positive momentum.

KLCD Provides:

  • Exposure to firms with historically reliable dividend growth which have a strong record of stable cash flows, healthy balance sheets and durable business models2
  • Dividend growth strategies can potentially improve performance in down market environments2
  • Smart beta strategy which seeks to deliver cost effective alpha3

1. Smart beta is an investment style where a manager follows an index designed to take advantage of perceived systematic biases or inefficiencies in the market.
2. “Harnessing the Long-Term Potential of Dividend Growth.” FTSE Russell, Nov. 2018.
3. Alpha is the active return on an investment, gauges the performance of an investment against a market index or benchmark which is considered to represent the market's movement as a whole.

Fund Details

Data as of 11/08/2019
TickerKLCD
Primary Exchange NYSE
CUSIP500767728
ISINUS5007677280
Net Assets$51,295,823
Total Annual Fund Operating Expense 0.41%
Inception Date6/12/2019
Distribution FrequencyAnnual

Daily Performance

Data as of 11/08/2019
Premium Discount Chart
NAV
Net Asset Value$26.31 
Daily Change 0.19%
Price
Closing Price $26.30 
Daily Change0.19%

Performance History

Distributions
Cumulative %
Data as of: 10/31/2019
Fund NAV Closing Price Index
1 Month-0.19% -0.27% -0.17%
3 Month2.38% 2.30% 2.50%
6 Month 7.01%
Since Inception5.12% 5.08% 5.33%
Cumulative %
Data as of quarter end: 09/30/2019
Fund NAV Closing Price Index
Since Inception5.32% 5.36% 5.51%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Top 10 Holdings

Data as of 11/08/2019
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
WESTERN UNION CO
1.22%WU22,418624,790
2
QUALCOMM INC
1.2%QCOM6,561616,931
3
CUMMINS INC
1.2%CMI3,290612,828
4
NORDSON CORP
1.18%NDSN3,704604,456
5
DOVER CORP
1.15%DOV5,387589,068
6
UNITED TECHNOLOGIES CORP
1.12%UTX3,864575,272
7
RPM INTERNATIONAL INC
1.11%RPM7,533569,645
8
AT&T INC
1.11%T14,444568,805
9
SHERWIN-WILLIAMS CO/THE
1.1%SHW966561,584
10
CARLISLE COS INC
1.09%CSL3,554561,177

Holdings are subject to change.