KNGS is the first ever U.S. listed ETF to track the
performance of S&P Dividend Monarchs Index, an elite group of
blue chip U.S. companies that have grown their dividends for 50+
consecutive years.
NEW
YORK, Nov. 2, 2023 /PRNewswire/ -- Roundhill
Investments, an ETF sponsor focused on innovative financial
products, is pleased to announce the launch of the Roundhill
S&P Dividend Monarchs ETF (KNGS), which begins trading on the
NYSE Arca today.
"The Dividend Monarchs represent the pinnacle of blue-chip
resilience and consistency. These companies, having rewarded
shareholders with rising dividends for over half a century,
exemplify financial fortitude and long-term vision. The KNGS ETF
offers investors the opportunity to tap into this elite group,
providing both the potential for robust yield and the premium
quality associated with enduring blue-chip names," said
Dave Mazza, Chief Strategy Officer
at Roundhill Investments.
The Dividend Monarchs represent the next evolution in dividend
growth indices, having followed a policy of consistently increasing
dividends every year for at least 50 years. Companies in the
S&P Dividend Monarchs Index have showcased steadfast dividend
dedication, with several boasting over 65 years1 of
consecutive dividend increases. Renowned names like Procter &
Gamble, 3M, and Coca
Cola highlight the blue-chip nature of the index constituents.
The long-standing history of dividend payouts from these firms
underscores their financial strength and resilient business models.
They have successfully weathered economic challenges, market
pullbacks, wars, and various other market shocks, all whilst
continuing to deliver for shareholders.
"S&P Dow Jones Indices has decades of experience developing
indices that track dividend growth companies. Launched in early
2023, the S&P Dividend Monarchs are an elite group of companies
that have grown their dividends for a minimum of fifty consecutive
years. We are very pleased that Roundhill Investments has licensed
our index for their new exchange-traded fund," said Rupert Watts, S&P DJI's Head of Factors and
Dividends.
As of October 2023, the S&P
Dividend Monarchs Index yielded 3.51%, above that of its dividend
growth peers and broad market benchmarks.2 The KNGS ETF
plans to pay distributions on a quarterly basis.
The fund's top holdings at launch include:
HOLDINGS
|
% WEIGHTING
|
Leggett & Platt
Inc
|
4.9 %
|
3M Co
|
4.9 %
|
Federal Realty
Investment Trust
|
4.9 %
|
Black Hills
Corp
|
4.8 %
|
Stanley Black &
Decker Inc
|
4.0 %
|
Sonoco Products
Co
|
3.9 %
|
Target Corp
|
3.9 %
|
Kimberly-Clark
Corp
|
3.8 %
|
AbbVie Inc
|
3.8 %
|
Kenvue Inc
|
3.7 %
|
Holdings are subject to
change
|
About Roundhill Investments:
Roundhill Investments is a registered investment adviser focused
on offering innovative financial products designed to offer
exposure to investment themes that appeal to the next generation of
investors. To learn more about the company, please visit
roundhillinvestments.com.
Investors should consider the investment objectives, risk,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
KNGS ETF please call 1-877-220-7649 or visit the website at
https:// www.roundhillinvestments.com/etf/kngs/. Read the
prospectus or summary prospectus carefully before
investing.
Read the prospectus or summary prospectus carefully before
investing. Investing involves risk, including possible loss of
principal. Investing in dividend-paying stocks involves the risk
that such stocks may fall out of favor with investors and
underperform the broader market. Companies that issue
dividend-paying stocks are not required to pay or continue paying
dividends on such stocks. It is possible that issuers of the stocks
held by the Fund will not declare dividends in the future or will
reduce or eliminate the payment of dividends (including reducing or
eliminating anticipated accelerations or increases in the payment
of dividends) in the future. Investments made in small and
mid-capitalization companies may be more volatile and less liquid
due to limited resources or product lines and more sensitive to
economic factors. Fund investments will be concentrated in an
industry or group of industries, and the value of Fund shares may
risk and fall more than diversified funds. Foreign investing
involves social and political instability, market illiquidity,
exchange-rate fluctuation, high volatility and limited regulation
risks. Emerging markets may be more volatile and less liquid than
more developed markets and therefore may involve greater risks.
Depository Receipts involve risks similar to those associated
investments in foreign securities, but may not provide a return
that corresponds precisely with that of the underlying shares.
Please see the prospectus for details of these and other risks. The
fund is passively managed and attempts to mirror the composition
and performance of the S&P Dividend Monarchs Index. The Fund's
returns may not match due to expenses incurred by the Fund or lack
of precise correlation with the index.
Roundhill Financial Inc. serves as the investment advisor. The
Funds are distributed by Foreside Fund Services, LLC which is not
affiliated with Roundhill Financial Inc., U.S. Bank, or any of
their affiliates.
The S&P Dividend Monarchs Index is a product of S&P Dow
Jones Indices LLC or its affiliates ("S&P DJI") and has been
licensed for use by Roundhill Investments Inc. S&P®, S&P
500®, Dividend Aristocrats® and Dividend Monarchs™ are trademarks
of Standard & Poor's Financial Services LLC ("S&P"); Dow
Jones® is a registered trademark of Dow Jones Trademark Holdings
LLC ("Dow Jones") and has been licensed for use by S&P Dow
Jones Indices; and these trademarks have been licensed for use by
S&P DJI and sublicensed for certain purposes by Roundhill
Investments Inc. The Roundhill S&P Dividend Monarchs ETF is not
sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones,
S&P, their respective affiliates, and none of such parties make
any representation regarding the advisability of investing in such
product(s) nor do they have any liability for any errors,
omissions, or interruptions of the S&P Dividend Monarchs
Index.
1 Source: Dividend.com, Roundhill Investments as
of 10/11/2023.
2 Source: Bloomberg, as of October 31, 2023. Past performance is not
indicative of future results. You cannot invest directly in an
index. Index performance does not represent actual fund or
portfolio performance. A fund or portfolio may differ significantly
from the securities included in the index. Index performance
assumes reinvestment of dividends but does not reflect any
management fees, transaction costs, brokerage commissions on
transactions. Such fees, expense and commissions would reduce
returns. Note: Index Dividend Yield is Index Estimated Dividend
Yield which is defined as Estimated Dividends FY1 divided by last
price. The Index Dividend Yield was calculated on October 31, 2023.
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SOURCE Roundhill Investments