Overview
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Description
iShares Euro Dividend UCITS ETF is an exchange-traded fund launched in 2005 and domiciled in Ireland, managed by iShares with approximately 1,275 million euros in assets under management. It seeks to track the EURO STOXX Select Dividend 30 Index by investing in a portfolio of 30 high-dividend-yield stocks from Eurozone countries, aiming to deliver total returns that include both capital appreciation and income. The ETF employs a physical replication strategy, holding the index constituents in proportions similar to their benchmark weightings, and is unhedged against currency risk with the euro as its base currency. Key features include a total expense ratio of 0.40% per annum and quarterly dividend distributions, with recent yields around 4.2% based on payouts of about 1.04 euros over the last 12 months. This fund plays a significant role in the European equity market by providing investors targeted exposure to stable, dividend-paying large-cap companies across diverse sectors in the Eurozone, supporting income-oriented strategies within diversified portfolios.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS