Overview
Description
SPDR S&P Global Dividend ETF is an exchange-traded fund designed to provide exposure to a diverse basket of high-dividend-yielding stocks from developed and emerging markets worldwide. Its primary function is to track the S&P Global Dividend Aristocrats Index, which selects 100 companies from the S&P Global BMI Index with a strong track record of paying and maintaining or increasing dividends for at least ten consecutive years. The ETF employs a dividend-weighted methodology, ensuring that companies with higher dividend payouts have a greater impact within the fund.
WDIV spans multiple sectors, with significant allocations to financials, utilities, and real estate, offering broad diversification across industries and geographies. It holds over a hundred equities from around the globe, focusing particularly on established firms with reliable income distributions. The fund distributes income to investors on a quarterly basis and is managed passively, aiming to closely replicate the performance of its underlying index.
Within the context of the global equity market, SPDR S&P Global Dividend ETF plays a significant role for those seeking stable income and diversification from both domestic and international dividend leaders. Its structure also enables investors to gain access to global dividend growth stories in a single, efficient investment vehicle.
About
Address
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Phone
+61 2 92407600
Website
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Instrument type
ETF
Country
Australia
MIC code
CXAC