Virtus WMC International Dividend ETF
Investment Overview
The Fund seeks to provide above-market dividend yield through a portfolio of international developed markets stocks with a risk profile similar to broad international markets.
Income Insights
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Balancing Income, Growth and Diversification
Investment Partner
Wellington Management Company LLP
With over $1 trillion in client assets under management, Wellington Management serves as an investment adviser to more than 2,150 institutions located in over 65 countries. Wellington's expertise is investments - from global equities and fixed income to currencies and commodities. The firm's most distinctive strength is its proprietary, independent research, which is shared across all areas of the organization and used only for managing client portfolios. Wellington Management Company LLP was founded in 1928 and is based in Boston, Massachusetts with additional offices in Radnor, Pennsylvania, San Francisco, California, Marlborough, Massachusetts, and Chicago, Illinois.
Learn more about Wellington Management Company LLP
Investment Professionals
Thomas S. Simon, CFA, FRM
Senior Managing Director, Portfolio Manager
Industry start date: 2001
Start date as fund Portfolio Manager: 2017
Matt J. Kyller, CFA
Managing Director and Portfolio Manager
Industry start date: 2006
Start date as fund Portfolio Manager: 2022
Key Features
High Dividend Potential
Broad diversification across a portfolio of international stocks tilted towards those forecasted to have above-average dividend yields
Actively Managed
A quantitative process informed by fundamentals that strives to broaden the opportunity set beyond traditional high dividend yield strategies
Risk-Aware
Wellington seeks to balance the most attractive yield opportunities while minimizing factor, country, sector, and currency risks
Top Holdings (% Fund)
| Security | |
|---|---|
| UNILEVER PLC | |
| SANOFI | |
| NOVARTIS AG-REG | |
| ALLIANZ SE-REG | |
| ZURICH INSURANCE GROUP AG | |
| RIO TINTO PLC | |
| ENEL SPA | |
| BHP GROUP LTD | |
| STELLANTIS NV | |
| TOTALENERGIES SE |
Performance
Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.
Fees & Expenses
| Total Expense Ratio | 0.49 |
Yields / Distribution Rate1
(as of 04/28/2023)| 30-day SEC Yield | 3.87 |
| Distribution Rate (as of 06/02/2023) | 2.61 |
Distribution History2
| Ex-Date | Record Date | Payable Date | Dividend Income | ST Capital Gains | LT Capital Gains | Distribution Total |
|---|---|---|---|---|---|---|
| 06/21/2022 | 06/22/2022 | 06/29/2022 | 0.688500 | 0.000000 | 0.000000 | 0.688500 |
| 09/20/2022 | 09/21/2022 | 09/28/2022 | 0.272070 | 0.000000 | 0.000000 | 0.272070 |
| 12/20/2022 | 12/21/2022 | 12/29/2022 | 0.157660 | 0.000000 | 0.000000 | 0.157660 |
| 03/20/2023 | 03/21/2023 | 03/28/2023 | 0.165640 | 0.000000 | 0.000000 | 0.165640 |
Premium/Discount
| Number of Days Fund has Traded at a: | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Discount | Premium | |||||||||
| Period | Less than -2% | -1.51% to -2.00% | -1.01% to -1.50% | -0.51% to -1.00% | -0.01% to -0.50% | 0.00% to 0.50% | 0.51% to 1.00% | 1.01% to 1.50% | 1.51% to 2.00% | Greater than 2% |
| 2021-Q2: 4/1/2021 through 6/30/2021 | 0 | 0 | 0 | 1 | 5 | 39 | 17 | 1 | 0 | 0 |
| 2021-Q3: 7/1/2021 through 9/30/2021 | 0 | 0 | 0 | 0 | 4 | 30 | 30 | 0 | 0 | 0 |
| 2021-Q4: 10/1/2021 through 12/31/2021 | 0 | 0 | 0 | 1 | 2 | 25 | 35 | 1 | 0 | 0 |
| 2022-Q1: 1/3/2022 through 3/31/2022 | 0 | 0 | 0 | 1 | 10 | 18 | 29 | 2 | 2 | 0 |
| 2022-Q2: 4/1/2022 through 6/30/2022 | 0 | 0 | 0 | 0 | 11 | 26 | 20 | 4 | 1 | 0 |
| 2022-Q3: 7/1/2022 through 9/30/2022 | 0 | 0 | 0 | 0 | 4 | 21 | 27 | 11 | 1 | 0 |
| 2022-Q4: 10/3/2022 through 12/30/2022 | 0 | 0 | 0 | 0 | 9 | 24 | 21 | 6 | 2 | 1 |
| 2023-Q1: 1/3/2023 through 3/31/2023 | 0 | 0 | 0 | 3 | 8 | 32 | 19 | 0 | 0 | 0 |
Risk Considerations
Marketing Materials
Holdings
Financial Materials
Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money.
The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.
Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.
Closing Price: The Closing Price is the price of the last reported trade on the fund's primary exchange. If there has been no reported trade for a particular date, the Closing Price represents the 4PM Bid/Offer Midpoint.
4PM Bid/Offer Midpoint: The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00pm Eastern Time).
Premium/Discount: The amount the Fund is trading above or below the reported NAV (based on 4PM Bid/Offer Midpoint).
The Fund is an exchange-traded fund (“ETF”). The “net asset value” (NAV) of the Fund is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the Fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV of the Fund is not necessarily the same as its intraday trading value. Fund investors should not expect to buy or sell shares at NAV because shares of ETFs such as the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Thus, shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV, and include the reinvestment of all dividends and other distributions (reinvested at the Fund's NAV on distribution ex-date). Market price returns are calculated using the 4:00 pm midpoint between the bid and offer, and include the reinvestment of all dividends and other distributions (reinvested at the 4:00pm bid/offer midpoint on distribution ex-date). Market price returns do not represent the return you would receive if you traded at other times.
1 Yields/Distributions: 30-day SEC Yield is a standardized yield calculated according to a formula set by the SEC, and is subject to change. 30-day SEC Yield (unsubsidized) is the 30-day SEC Yield without the effect of applicable expense waivers. Distribution Rate is the annual rate that an investor would receive if the most recent distribution remained the same going forward. The rate represents a single distribution from the Fund and does not represent total return of the Fund. The distribution rate is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.
2 Distribution History: Distributions are represented on a cash basis and may be reclassified at year end for tax purposes. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. STCG: Short Term Capital Gain, LTCG: Long Term Capital Gain
Returns for periods of less than one year are cumulative total returns.
Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.