IDVO: Amplifying International Enhanced Dividend Income
IDVO - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| IDVO | ETF | Equity Dividend ETF | International Enhanced Dividend Income | Quarterly | Global | 0.70% | Amplify |
IDVO Overview - The Amplify International Enhanced Dividend Income ETF
The Amplify International Enhanced Dividend Income ETF (IDVO) is a strategic investment tool designed to capture international dividend income opportunities. It focuses on high dividend yield strategies, offering investors a pathway to enhanced dividend income. IDVO follows a global investment approach, targeting companies with a history of consistent dividend payments.
One of IDVO's key features is its quarterly payment frequency, providing investors with regular income distributions. It emphasizes equity investments, particularly in companies known for their dividend-paying stocks. The ETF's expense ratio is competitive at 0.70%, ensuring cost-effective exposure to dividend income opportunities.
IDVO's geographic focus extends beyond domestic markets, offering diversification benefits through international holdings. The fund is managed by Amplify, a reputable name in the ETF industry, known for its focus on innovative investment solutions.
In summary, IDVO presents investors with an opportunity to access enhanced dividend income from global markets, backed by a strategy that emphasizes high dividend yield investments and managed by a trusted sponsor in the ETF space.
IDVO - Price / Yield
IDVO - Portfolio and Asset Allocation
IDVO Holdings and Portfolio Analysis:
The Amplify International Enhanced Dividend Income ETF (IDVO) boasts a diversified portfolio of top holdings that reflect a strategic mix of sectors. MUFG (Mitsubishi Ufj Financial), Gold Fields, Banco Bilbao Viscaya Argentaria, Icici Bank, and Cameco are among the top holdings, each contributing significantly to the fund's performance.
MUFG represents the financial sector, contributing 4.39% to the portfolio, while Gold Fields from the energy sector adds 4.06%. Banco Bilbao Viscaya Argentaria and Icici Bank contribute to financial and technology sectors respectively, showcasing IDVO's diversified approach. The portfolio's geographic focus includes global giants like Totalenergies Se and Ferrari NV.
Asset allocations reveal a balanced strategy with a focus on Financial (21.34%), Energy (16.36%), Consumer Cyclical (15.96%), and Basic Materials (11.22%) sectors. This diversified mix aims to mitigate risks while maximizing dividend income opportunities.
Overall, IDVO's holdings and portfolio reflect a well-rounded approach, blending sectoral diversity with a focus on high dividend yield strategies to deliver consistent returns for investors.
Top 10 Holdings
As of May 2, 2024, the top 10 holdings of the Amplify International Enhanced Dividend Income ETF (IDVO) are:
| Name | Weight |
|---|---|
| MUFG (Mitsubishi Ufj Financial) | 4.39% |
| Gold Fields (GFI) | 4.06% |
| Banco Bilbao Viscaya Argentaria (BBVA) | 3.94% |
| Icici Bank (IBN) | 3.90% |
| Cameco (CCO) | 3.47% |
| Short Term Investments Trust Govt & Agency Portfolio (AGPXX) | 3.40% |
| Totalenergies Se (TTE) | 5.48% |
| Ferrari NV (RACE) | 3.02% |
| Petroleo Brasileiro (PBR) | 3.00% |
| Relx PLC (ADR) (RELX) | 2.73% |
Asset Allocation
The Amplify International Enhanced Dividend Income ETF (IDVO) has the following asset allocation as of May 2, 2024:
| Sector | Weight |
|---|---|
| Financial | 21.34% |
| Energy | 16.36% |
| Consumer Cyclical | 15.96% |
| Basic Materials | 11.22% |
| Communication Services | 10.63% |
| Industrials | 6.38% |
| Technology | 5.38% |
| Healthcare | 5.03% |
| General | 3.41% |
| Utilities | 2.44% |
| Consumer Defensive | 1.86% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
IDVO Dividend Data |
The Amplify International Enhanced Dividend Income ETF (IDVO) pays quarterly dividends. The most recent ex-dividend date was on April 26, 2024, with a dividend payment of $0.1515 per share on April 30, 2024⁴. |
IDVO Dividend Yield |
As of the most recent data, the 30-day SEC yield for IDVO is 5.48. This means that for every $100 invested in the fund, investors would receive $5.48 in dividends per year, assuming the yield remains constant⁴. |
IDVO Dividend History |
IDVO has a history of paying quarterly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund⁴. |
IDVO Dividend Growth |
IDVO's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed¹. |
IDVO Dividend Stability |
IDVO aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of international companies. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio¹. |
IDVO - Chart
IDVO - Comparative Analysis
Let's compare IDVO with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of May 2024)
| IDVO | FDD | IDV | |
|---|---|---|---|
| Investment Focus | Enhanced dividend income from international stocks | European dividend-paying stocks | International dividend-paying stocks |
| Current Yield | 5.48% | 2.60% | 4.12% |
| Expense Ratio | 0.50% | 0.30% | 0.45% |
| Investment Strategy | Enhanced dividend income from international companies with potential for dividend growth | Focuses on European dividend-paying companies | Invests in international dividend-paying companies |
| Strengths | Enhanced dividend income, international exposure | European dividend opportunities | Higher current yield than IDVO and FDD, international exposure |
| Weaknesses | Higher expense ratio, limited to international market | European market focus, lower current yield | Higher expense ratio than IDVO and FDD, potentially lower dividend growth |
Dividend History (Last 5 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| April 26, 2024 | $0.1515 | April 29, 2024 | April 30, 2024 |
| March 26, 2024 | $0.1515 | March 27, 2024 | March 28, 2024 |
| February 27, 2024 | $0.1515 | February 28, 2024 | February 29, 2024 |
| January 29, 2024 | $0.1410 | January 30, 2024 | January 31, 2024 |
| December 27, 2023 | $0.1410 | December 28, 2023 | December 29, 2023 |
News
Technical Analysis
Additional Information and Risks
As investors consider IDVO for their portfolios, several key factors come into play. The idvo dividend history and dividend data provide insights into the fund's quote and payout strategies. Examining the stock dividend history and ex-dividend date can guide investment decisions, especially regarding dividend-paying companies.
Additionally, understanding the fund's top 10 holdings and its approach to opportunistically utilize an “option strategy” can give investors a clearer picture of IDVO's overview and fundamental strengths. Monitoring idvo news, idvo performance, and latest stock price is crucial for staying informed about market technicals and ETF news.
However, it's essential to note potential risks. IDVO’s payout ratio and dividend payout stability can impact capital appreciation and investor sentiment. External factors like msci acwi ex usa index movements and adrs regulations may also influence IDVO's performance.
Investors should consider the exchange-traded covered call option contracts and the act of 1940 implications on IDVO and its potential per share value. Understanding the organized or located outside dynamics and gross income trends can further enhance risk management strategies.
In summary, while IDVO offers opportunities for income generation and growth, staying vigilant about idvo analysis and market trends is crucial for informed decision-making.