- LVHD is a passively managed fund focusing on generous U.S. dividend payers exhibiting low volatility and profitability characteristics.
- As of the end of February, the sectors with most of the net assets were consumer staples (over 24%), utilities (slightly above 16%), and industrials (~15.1%).
- Over the period discussed in the article, LVHD outperformed a few peers but lagged the market.
- The 2.6% LTM yield is anything but high, especially when interest rates in the U.S. are creeping higher. Also, its dividend growth story lacks consistency.
For further details see:
LVHD: Remarkable Quality But No Alpha, Inconsistent Distributions Growth