The iShares Core High Dividend ETF is an exchange traded fund that seeks to track the investment results of the Morningstar Dividend Yield Focus Index, which is a market index composed of relatively high dividend paying U.S. equities. The fund is managed by Blackrock, a major investment company that provides hundreds of exchange traded funds globally. Blackrock is headquartered in New York City, with offices all around the world. This ETF was established in 2011.
The fund aims to provide investors with exposure to well established, high quality companies based in the U.S., offering access to 75 domestic stocks that have been screened for financial health and that pay reasonably high dividends. The fund has hoidings across a diverse range of industries, induding energy, communications, healthcare, consumer staples, and information technology.
The fund will generally invest at least 80% of its assets in the component securities of its underlying index, and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. |
