“As far as market capitalization allocations, the fund is value weighted with large-cap values stocks accounting for 36.21%; mid-cap value stocks, 29.38% and touch of small-cap value stocks at 1.44%; value accounts for just over 67% of the fund. The next largest market cap allocation, at 28.57%, is in mixed value-growth companies and the least allocation is 4.41% of large-cap growth,” according to Seeking Alpha analysis of SPHD.
Dividend growers provide an aspect of quality and growth since these firms have a long track record of raising dividends. Companies that have consistently raised dividends also exhibit stable balance sheets and consistent earnings growth.
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PowerShares S&P 500 High Dividend Portfolio