Shareholder Yield ETFs Offer Attractive Value in Today's Markets
The underlying indices consist of stocks with high cash distribution characteristics. They are comprised of the companies with the best combined rank of dividend payments and net stock buybacks, which are the key components of shareholder yield. The underlying indices also screen for value and quality factors, including low financial leverage. Instead of solely focusing on dividend payments, the shareholder yield ETF strategies invest in stocks that couple strong dividend payments with share repurchases and debt paydown. The fund manager believes that this type of screening process may be a b...
Source: etftrends.com