Quality Dividend Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
0.6%
3 Yr Avg Return
1.8%
5 Yr Avg Return
5.2%
Net Assets
$46.2 M
Holdings in Top 10
37.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QDVIX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.45%
- Dividend Yield 3.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameQuality Dividend Fund
-
Fund Family NameEquityCompass
-
Inception DateOct 04, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Scherer
Fund Description
The Fund primarily invests in a diversified portfolio of income-producing (dividend-paying) equity securities of U.S. and foreign companies. The Fund invests principally in common stocks, but its equity investments may also include real estate investment trusts (“REITs”), and other investment companies (including mutual funds and exchange-traded funds (“ETFs”)). The Fund may, from time to time, write covered call options on the equity positions it holds to generate additional income from premiums earned on such options. The Fund’s equity investments may also include indirect exposure to foreign securities through American Depositary Receipts (“ADRs”) and master limited partnerships (“MLPs”), although MLP investments will at no time exceed 20% of the Fund’s net assets (measured at the time of purchase).
The Adviser combines quantitative and fundamental analysis with risk management in identifying investment opportunities and constructing the Fund’s portfolio. The Fund may invest in equity securities issued by companies of different capitalization ranges, but will typically focus on larger companies. In selecting securities, the Adviser first uses proprietary quantitative models to identify and rank stocks based on several characteristics, including quality (of financial condition and creation of shareholder value), relative value (based on fundamental metrics and analyst estimates) and income-generation potential (measured in terms of dividend, earnings, yield and payout ratio). The Adviser then determines the most attractive of the higher ranked securities based on their current and future prospects for income generation as well as long-term price appreciation. The Adviser considers a number of factors in this process, including history of dividend payment and growth, current dividend policy, and relevant corporate events.
Finally, in constructing the Fund’s portfolio, the Adviser manages risk by diversifying across holdings and S&P economic sectors (“Sectors”), seeking to limit the potential adverse impact from any one stock or Sector. The Fund will generally hold equal-weighted positions and be diversified across Sectors and generally no more than 20% of the Fund’s net assets (measured at the time of investment) will be exposed to any one Sector. Notwithstanding this limitation, the Fund may indirectly exceed this 20% Sector exposure limit by virtue of investments in MLPs and other investment companies that may be more heavily concentrated in a particular Sector.
The Adviser monitors the Fund’s holdings and may consider selling a security when valuation becomes excessive, there is deterioration in the issuer’s relative attractiveness, financial position or fundamental prospects, or the Adviser believes there are more attractive investment opportunities elsewhere.
QDVIX - Performance
Return Ranking - Trailing
Period | QDVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -4.9% | 13.1% | 92.42% |
1 Yr | 0.6% | -10.8% | 32.4% | 96.95% |
3 Yr | 1.8%* | -4.8% | 29.8% | 94.13% |
5 Yr | 5.2%* | -1.5% | 42.8% | 95.60% |
10 Yr | N/A* | 1.0% | 24.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | QDVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.2% | -24.9% | 46.1% | 96.43% |
2022 | -18.3% | -65.1% | 4.6% | 87.23% |
2021 | 18.6% | -44.2% | 57.5% | 38.74% |
2020 | -5.8% | -23.2% | 285.0% | 88.43% |
2019 | 12.7% | -21.4% | 48.5% | 86.63% |
Total Return Ranking - Trailing
Period | QDVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -4.9% | 13.1% | 92.42% |
1 Yr | 0.6% | -10.8% | 32.4% | 96.95% |
3 Yr | 1.8%* | -4.8% | 29.8% | 94.13% |
5 Yr | 5.2%* | -1.5% | 42.8% | 95.60% |
10 Yr | N/A* | 1.0% | 24.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | QDVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.8% | -15.9% | 46.7% | 97.38% |
2022 | -2.5% | -42.0% | 8.5% | 21.54% |
2021 | 25.5% | 3.6% | 129.7% | 56.97% |
2020 | -1.7% | -22.6% | 304.8% | 86.29% |
2019 | 24.3% | -12.7% | 52.1% | 65.77% |
NAV & Total Return History
QDVIX - Holdings
Concentration Analysis
QDVIX | Category Low | Category High | QDVIX % Rank | |
---|---|---|---|---|
Net Assets | 46.2 M | 1.09 M | 163 B | 89.00% |
Number of Holdings | 28 | 2 | 1689 | 96.90% |
Net Assets in Top 10 | 17.7 M | 420 K | 33.9 B | 88.63% |
Weighting of Top 10 | 37.85% | 4.8% | 99.9% | 19.07% |
Top 10 Holdings
- International Business Machines Corp 4.01%
- Amgen Inc 3.86%
- Merck Co Inc 3.85%
- JPMorgan Chase Co 3.77%
- Prudential Financial Inc 3.76%
- AbbVie Inc 3.74%
- Stanley Black Decker Inc 3.73%
- T Rowe Price Group Inc 3.71%
- Chevron Corp 3.71%
- Truist Financial Corp 3.71%
Asset Allocation
Weighting | Return Low | Return High | QDVIX % Rank | |
---|---|---|---|---|
Stocks | 99.77% | 1.86% | 108.42% | 8.79% |
Cash | 0.23% | -0.79% | 38.18% | 86.65% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 61.33% |
Other | 0.00% | -3.53% | 39.72% | 69.25% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 59.76% |
Bonds | 0.00% | -0.71% | 73.23% | 60.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | QDVIX % Rank | |
---|---|---|---|---|
Healthcare | 18.81% | 0.00% | 30.08% | 33.04% |
Financial Services | 17.35% | 0.00% | 58.05% | 69.21% |
Consumer Defense | 15.52% | 0.00% | 34.10% | 5.64% |
Technology | 14.73% | 0.00% | 54.02% | 21.94% |
Energy | 11.88% | 0.00% | 54.00% | 11.19% |
Industrials | 7.53% | 0.00% | 42.76% | 87.25% |
Consumer Cyclical | 7.16% | 0.00% | 22.74% | 32.26% |
Communication Services | 7.03% | 0.00% | 26.58% | 29.84% |
Utilities | 0.00% | 0.00% | 27.04% | 95.14% |
Real Estate | 0.00% | 0.00% | 90.54% | 93.67% |
Basic Materials | 0.00% | 0.00% | 21.69% | 96.36% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | QDVIX % Rank | |
---|---|---|---|---|
US | 99.77% | 1.86% | 108.42% | 8.01% |
Non US | 0.00% | 0.00% | 27.89% | 72.01% |
QDVIX - Expenses
Operational Fees
QDVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.30% | 0.03% | 14.82% | 24.55% |
Management Fee | 0.60% | 0.00% | 1.50% | 53.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
QDVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
QDVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 87.69% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
QDVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 0.00% | 488.00% | 39.10% |
QDVIX - Distributions
Dividend Yield Analysis
QDVIX | Category Low | Category High | QDVIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.53% | 0.00% | 38.43% | 36.89% |
Dividend Distribution Analysis
QDVIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
QDVIX | Category Low | Category High | QDVIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.45% | -1.51% | 4.28% | 1.15% |
Capital Gain Distribution Analysis
QDVIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.083 | OrdinaryDividend |
Dec 29, 2023 | $0.099 | OrdinaryDividend |
Sep 29, 2023 | $0.094 | OrdinaryDividend |
Jun 30, 2023 | $0.154 | OrdinaryDividend |
Mar 31, 2023 | $0.097 | OrdinaryDividend |
Dec 30, 2022 | $0.095 | OrdinaryDividend |
Dec 14, 2022 | $1.918 | OrdinaryDividend |
Oct 03, 2022 | $0.093 | OrdinaryDividend |
Jul 01, 2022 | $0.106 | OrdinaryDividend |
Apr 01, 2022 | $0.096 | OrdinaryDividend |
Oct 01, 2021 | $0.091 | OrdinaryDividend |
Jul 01, 2021 | $0.110 | OrdinaryDividend |
Apr 01, 2021 | $0.095 | OrdinaryDividend |
Jan 04, 2021 | $0.098 | OrdinaryDividend |
Oct 01, 2020 | $0.104 | OrdinaryDividend |
Jul 01, 2020 | $0.094 | OrdinaryDividend |
Apr 01, 2020 | $0.061 | OrdinaryDividend |
Jan 02, 2020 | $0.110 | OrdinaryDividend |
Dec 20, 2019 | $0.744 | OrdinaryDividend |
Oct 01, 2019 | $0.110 | OrdinaryDividend |
Jul 01, 2019 | $0.092 | OrdinaryDividend |
Apr 01, 2019 | $0.105 | OrdinaryDividend |
Jan 02, 2019 | $0.110 | OrdinaryDividend |
Oct 01, 2018 | $0.109 | OrdinaryDividend |
Jul 02, 2018 | $0.090 | OrdinaryDividend |
Apr 02, 2018 | $0.089 | OrdinaryDividend |
Jan 02, 2018 | $0.092 | OrdinaryDividend |
Oct 02, 2017 | $0.085 | OrdinaryDividend |
Jul 03, 2017 | $0.112 | OrdinaryDividend |
Apr 03, 2017 | $0.032 | OrdinaryDividend |
Jan 03, 2017 | $0.083 | OrdinaryDividend |
QDVIX - Fund Manager Analysis
Managers
Michael Scherer
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Mr. Scherer joined the EquityCompass team in 2000. He is the portfolio manager of the Quality Dividend and Select Quality portfolios, as well as a senior member of the team responsible for developing and researching quantitative portfolio strategies. He has written extensively on market strategy and works closely with Stifel financial advisors educating them on EquityCompass investment portfolios and products. Mr. Scherer has an M.B.A. in Finance from Loyola University Maryland and a B.A. from the College of William & Mary with a concentration in government.
Thomas Mulroy
Start Date
Tenure
Tenure Rank
Jul 31, 2018
3.84
3.8%
Mr. Mulroy is the Executive Vice President and Senior Portfolio Manager of EquityCompass Strategies and is responsible for managing various strategies, including the Quality Dividend Strategy. Mr. Mulroy has more than 30 years of investment experience, most recently with Stifel, Nicolaus & Company, Inc. where he served as Co-Director of the Institutional Group from July 2009 to June 2017 and Executive Vice President and Head of Equity Capital Markets from December 2005 to July 2009. Tom was Co-President and Director of Stifel Financial Corp. from June 2014 through June 2017 and Senior Vice President from December 2005 through June 2014. Prior to joining Stifel, Tom served as Executive Vice President at Legg Mason Wood Walker, Inc. from 1986 through November 2005 and was instrumental in the transformative deal that brought Legg Mason Capital Markets to Stifel in their 2005 acquisition. Tom’s leadership has been a driving force behind Stifel’s growth since that time. Tom also formerly served as Chairman of the Board of Stifel Nicolaus Europe Limited. He received a B.S. in Finance from Ithaca College and an M.B.A. in Finance from American University
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.02 | 16.42 |