DIVY – Sound Equity Dividend Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to generate current income via a dividend yield that is at least two times that of the S&P 500 Index; long-term capital appreciation is the secondary objective. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowing) in dividend-paying equity securities. It may invest in ETFs that principally invest in equity securities. The fund will typically hold securities of approximately 30 companies in its portfolio. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DIVY	Sound Equity Dividend Income ETF	ETF	Open			Dec 30, 2020	$30.00M	0.450%	—	—	−$5.71M

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