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Eventide Announces Launch of Eventide High Dividend ETF (NYSE Arca: ELCV)

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Eventide Asset Management has launched the Eventide High Dividend ETF (NYSE Arca: ELCV), marking its entry into ETFs. ELCV focuses on high-quality, dividend-paying large-cap companies that align with Eventide's mission of 'investing that makes the world rejoice®'. The ETF aims to deliver stable dividend yields through a high-conviction portfolio across various sectors.

Key features of ELCV include:

  • Benchmark: Bloomberg US 1000 Value Total Return Index
  • Portfolio Manager: Dolores Bamford, CFA
  • Target Holdings: 30-50 companies
  • Fee: 0.49%
  • Inception Date: September 30, 2024

ELCV utilizes Eventide's Business 360® framework, evaluating companies' long-term competitive advantage and impact on human flourishing. The ETF aims to provide a higher dividend yield than the market, making it attractive for income investors seeking capital appreciation.

Eventide Asset Management ha lanciato l'Eventide High Dividend ETF (NYSE Arca: ELCV), segnando il suo ingresso nel mercato degli ETF. ELCV si concentra su grandi aziende di alta qualità che pagano dividendi e che sono in linea con la missione di Eventide di 'investimenti che rendono il mondo felice®'. L'ETF mira a fornire rendimenti da dividendi stabili attraverso un portafoglio ad alta convinzione in vari settori.

Le caratteristiche principali di ELCV includono:

  • Benchmark: Bloomberg US 1000 Value Total Return Index
  • Gestore del portafoglio: Dolores Bamford, CFA
  • Holding target: 30-50 aziende
  • Commissione: 0,49%
  • Data di inizio: 30 settembre 2024

ELCV utilizza il framework Business 360® di Eventide, valutando il vantaggio competitivo a lungo termine delle aziende e il loro impatto sul benessere umano. L'ETF mira a fornire un rendimenti da dividendi superiori a quelli di mercato, rendendolo attraente per gli investitori in cerca di apprezzamento del capitale.

Eventide Asset Management ha lanzado el Eventide High Dividend ETF (NYSE Arca: ELCV), marcando su entrada en el mercado de ETFs. ELCV se centra en grandes empresas de alta calidad que pagan dividendos y que están alineadas con la misión de Eventide de 'inversiones que hacen que el mundo se regocije®'. El ETF tiene como objetivo ofrecer rendimientos de dividendos estables a través de una cartera de alta convicción en varios sectores.

Las características clave de ELCV incluyen:

  • Benchmark: Bloomberg US 1000 Value Total Return Index
  • Gestor de cartera: Dolores Bamford, CFA
  • Posiciones objetivo: 30-50 empresas
  • Cuota: 0,49%
  • Fecha de inicio: 30 de septiembre de 2024

ELCV utiliza el marco Business 360® de Eventide, evaluando la ventaja competitiva a largo plazo de las empresas y su impacto en el florecimiento humano. El ETF tiene como objetivo proporcionar un rendimiento de dividendos más alto que el del mercado, haciéndolo atractivo para los inversores que buscan apreciación del capital.

Eventide Asset Management는 Eventide High Dividend ETF (NYSE Arca: ELCV)를 출시하여 ETF 시장에 진입했습니다. ELCV는 고품질 배당금을 지급하는 대형 기업에 중점을 두고 있으며, Eventide의 '세상을 기쁘게 하는 투자®' 사명에 부합합니다. 이 ETF는 다양한 분야에서 높은 확신의 포트폴리오를 통해 안정적인 배당 수익률을 제공하는 것을 목표로 합니다.

ELCV의 주요 특징은 다음과 같습니다:

  • 기준: Bloomberg US 1000 Value Total Return Index
  • 포트폴리오 매니저: Dolores Bamford, CFA
  • 목표 보유: 30-50 기업
  • 수수료: 0.49%
  • 시작일: 2024년 9월 30일

ELCV는 Eventide의 Business 360® 프레임워크를 활용하여 기업의 장기적인 경쟁 우위와 인류 번영에 대한 영향을 평가합니다. 이 ETF는 시장보다 더 높은 배당 수익률을 제공하는 것을 목표로 하여 자본 상승을 추구하는 투자자에게 매력적입니다.

Eventide Asset Management a lancé l'Eventide High Dividend ETF (NYSE Arca: ELCV), marquant son entrée sur le marché des ETF. ELCV se concentre sur des grandes entreprises de haute qualité qui versent des dividendes et qui s'alignent sur la mission d'Eventide 'investir pour un monde réjouissant®'. L'ETF vise à offrir des rendements de dividendes stables à travers un portefeuille de haute conviction dans divers secteurs.

Les caractéristiques clés d'ELCV comprennent :

  • Indice de référence : Bloomberg US 1000 Value Total Return Index
  • Gestionnaire de portefeuille : Dolores Bamford, CFA
  • Positions cibles : 30-50 entreprises
  • Frais : 0,49%
  • Date de création : 30 septembre 2024

ELCV utilise le cadre Business 360® d'Eventide, évaluant l'avantage concurrentiel à long terme des entreprises et leur impact sur l'épanouissement humain. L'ETF vise à offrir un rendement de dividende supérieur à celui du marché, ce qui le rend attrayant pour les investisseurs en quête d'appréciation du capital.

Eventide Asset Management hat den Eventide High Dividend ETF (NYSE Arca: ELCV) ins Leben gerufen, was den Einstieg in den ETF-Markt markiert. ELCV konzentriert sich auf qualitativ hochwertige, dividendenzahlende Unternehmen mit großer Marktkapitalisierung, die mit der Mission von Eventide 'Investieren, das die Welt erfreut®' übereinstimmen. Der ETF zielt darauf ab, stabile Dividendenrenditen durch ein leistungsstarkes Portfolio über verschiedene Sektoren hinweg zu bieten.

Wichtige Merkmale von ELCV beinhalten:

  • Benchmark: Bloomberg US 1000 Value Total Return Index
  • Portfoliomanager: Dolores Bamford, CFA
  • Zielhaltung: 30-50 Unternehmen
  • Gebühr: 0,49%
  • Beginn: 30. September 2024

ELCV nutzt den Business 360® Rahmen von Eventide, um die langfristige Wettbewerbsfähigkeit der Unternehmen und deren Einfluss auf das menschliche Wohlergehen zu bewerten. Der ETF hat das Ziel, eine höhere Dividendenrendite als der Markt zu bieten, was ihn für Einkommensinvestoren interessant macht, die Kapitalzuwachs anstreben.

Positive
  • Launch of new Eventide High Dividend ETF (ELCV) expands product offerings
  • ELCV targets high-quality, dividend-paying large-cap companies
  • ETF aims to provide higher dividend yield than the market
  • Utilizes proprietary Business 360® framework for company evaluation
  • Managed by experienced portfolio manager with 30+ years of industry experience
Negative
  • New ETF with operating history for investor evaluation
  • Potential risk of companies discontinuing dividend payments
  • Values-based approach may lead to underperformance compared to other investments

BOSTON, Oct. 1, 2024 /PRNewswire/ -- Eventide Asset Management, LLC, a Boston-based investment adviser, today announces the launch of the Eventide High Dividend ETF (NYSE Arca: ELCV). Eventide's High Dividend ETF marks the firm's entry into ETFs to further broaden its suite of investment solutions designed to serve investors and advance the global common good. ELCV focuses on high-quality, dividend-paying large-cap companies that align with Eventide's mission of "investing that makes the world rejoice®." 

The Eventide High Dividend ETF is thoughtfully curated to deliver stable dividend yields through a high-conviction portfolio of high-quality, dividend-paying companies through various sectors. ELCV's benchmark is the Bloomberg US 1000 Value Total Return Index1 and offers investors exposure to companies that not only generate income, but also companies that Eventide believes will positively contribute to society. ELCV leverages Eventide's unique investment ethos and due diligence process to identify companies that are resilient, high-quality, and dedicated to value creation.

"Our strategy is simple yet profound – businesses with good products and good practices that are led by good people will naturally produce good profit," said ELCV's Portfolio Manager, Dolores Bamford.

"Seeking to deliver excellent performance with values and integrity is the most rewarding thing I can accomplish in my career," Bamford states. "I am delighted with early interest in Eventide's first ETF."

Why Choose ELCV?

Eventide's unique approach to its investment process is called Business 360®. It combines intangible discernment with investment excellence. The new ELCV ETF has a goal of providing a higher dividend yield than the market making it an attractive option for income investors also seeking capital appreciation.

Business 360® is Eventide's proprietary framework for evaluating both a company's long-term competitive advantage and its impact on human flourishing through a comprehensive evaluation of the intangible qualities of a business. This includes evaluating every product the business offers as well as an evaluation of their business practices. It is a holistic, 360-degree assessment of the company's value creation and value extraction.

ELCV is managed by Dolores Bamford, who brings over 30 years of industry experience and a passion for the concept of virtuous investing. The ELCV strategy is built on high-conviction principles that identify resilient companies capable of delivering consistent returns through market cycles.

Key Fund Details

  • Objective: Income, income growth, and long-term capital appreciation
  • Target Holdings: Approximately 30-50 companies
  • Portfolio Manager: Dolores Bamford, CFA, Co-Chief Investment Officer
  • Benchmark: Bloomberg US 1000 Value Total Return Index
  • Inception Date: September 30, 2024
  • Fee: 0.49%

Eventide Asset Management, LLC, is a Boston-based investment adviser dedicated to the pursuit of "investing that makes the world rejoice®." Founded in 2008, Eventide's vision is to serve individuals, financial advisors, and institutions by seeking to provide high-performing investments that create compelling value for the global common good. Learn more about the High Dividend ETF at www.eventideetfs.com.

Important Information

Eventide Asset Management, LLC ("Eventide") is the investment adviser for the Fund. Investing in securities involves risk, including the possible loss of principal. There is no guarantee that any investment strategy will achieve its objective, generate profits, or avoid losses. Eventide's values-based approach to investment may not produce the desired results and could result in underperformance compared to other investments.

Investors should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. To obtain the Fund's prospectus, summary prospectus, and statement of additional information, which contain this and other information, please visit the literature section of www.eventideetfs.com or contact your financial representative. Please read the prospectus carefully before investing.

Investing involves risk including the possible loss of principal. Past performance does not guarantee future results. There is a risk that companies may discontinue paying dividends. The Fund is a new ETF with a limited history of operation for investors to evaluate. Investors who invest in American Depository Receipts (ADRs) could lose money by investing in markets with unstable currencies.

The Eventide High Dividend ETF is distributed by Foreside Fund Services, LLC ("Foreside"). Foreside is a separate entity from, and not affiliated with, Eventide.

References to Eventide's Business 360 ® approach is provided for illustrative purposes only and indicates a general framework of guiding principles that inform Eventide's overall research process.

Eventide uses its trademark "Investing that makes the world rejoice ® " in a figurative manner to help explain its focus on serving investors by helping them improve the world.

1 The Bloomberg US 1000 Value Total Return Index provides exposure to companies with superior value factor scores based on their earnings yield, valuation, dividend yield, and growth. One may not directly invest in an index.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/eventide-announces-launch-of-eventide-high-dividend-etf-nyse-arca-elcv-302263961.html

SOURCE Eventide

FAQ

What is the ticker symbol and exchange for the Eventide High Dividend ETF?

The Eventide High Dividend ETF trades on the NYSE Arca exchange under the ticker symbol ELCV.

What is the investment objective of the Eventide High Dividend ETF (ELCV)?

The Eventide High Dividend ETF (ELCV) aims to provide income, income growth, and long-term capital appreciation by investing in high-quality, dividend-paying large-cap companies.

Who manages the Eventide High Dividend ETF (ELCV)?

The Eventide High Dividend ETF (ELCV) is managed by Dolores Bamford, CFA, who serves as Co-Chief Investment Officer at Eventide Asset Management.

What is the expense ratio for the Eventide High Dividend ETF (ELCV)?

The Eventide High Dividend ETF (ELCV) has an expense ratio of 0.49%.

When was the Eventide High Dividend ETF (ELCV) launched?

The Eventide High Dividend ETF (ELCV) was launched on September 30, 2024.

Eventide High Dividend ETF

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