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Global X SuperDividend ETFs tout monthly payouts and low expense ratios
SDIV, a Global X monthly dividend ETF, has distributed monthly for 11 years and carries a 0.58% total expense ratio, with a 30-day SEC yield of 5.2%.
Benzinga highlights the growing popularity of monthly dividend ETFs and outlines factors investors may weigh when selecting funds that provide more frequent income distributions and cash flow, particularly for investors building diversified portfolios.
The outlet points to the Global X SuperDividend ETF (SDIV), which has made monthly distributions for 11 years by investing in 100 high dividend-paying equities globally. Benzinga says the portfolio is largely concentrated in financial and real estate sectors in the United States and Brazil, with holdings that include common stocks and real estate investment trusts such as Yuexiu Property CO LTD, CPFL Energia SA, and Omega Healthcare.
According to Benzinga, SDIV launched in June 2011 and has grown to $765 million in net assets under management. The article also cites SDIV’s 0.58% total expense ratio, a 30-day SEC yield of 5.2%, and a 12-month trailing yield of 5.88%, adding that the index review happens quarterly based on dividend cuts and dividend policy outlook.
Benzinga also describes a second strategy, the Global X SuperDividend U.S. ETF (DIV), as a blue chip approach, though the provided excerpt cuts off before detailing additional metrics for that fund.