“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.
Related: High-Yield Dividend ETFs Come with a Price
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.
For more news and strategy on the Dividend ETF market, visit our Dividends category.
PowerShares S&P 500 High Dividend Portfolio
