Base Date: December 31, 2007
No. of Components: 100
Minimum Market Cap: USD $100 million
Minimum Daily Avg. Liquidity: USD $2 million
Sector Limit: 25% (25 companies)
Geographic Exposure: United States
Rebalance Frequency: Semi-annual
Underlying Universe: Companies domiciled and listed in the U.S., excluding REITs
All index constituents are selected on the basis of their fundamental strength, as measured by MarketGrader's overall grade, and their proven ability to pay dividends consistently. All companies must have a MarketGrader rating of at least 50 (on our 100-point scale), must pay an annual dividend greater than $0.10 per share and must have paid a dividend continuously for at least five years.
All index constituents are equally weighted every time the index is rebalanced. No weight modifications or adjustments are made to the portfolio between rebalance periods.
All index constituents must have a minimum total market cap of USD $100 million and a minimum 3-month average daily traded volume of USD $2 million.
No more than 25% of the index (25 companies) may belong to the same economic sector.
The index is rebalanced semi-annually, on the third Friday of March and September.
The MarketGrader U.S. Income 100 Index seeks to measure the performance of the highest dividend-yielding companies that satisfy MarketGrader's rigorous fundamental criteria in the United States. It uses a rules-based approach to identify companies that have been consistent dividend payers and are exhibiting increasing dividend yields. The index's goal is to maximize dividend payouts without sacrificing the potential for significant long-term capital appreciation.
156 Almeria Ave, Suite 201
Coral Gables, Florida 33134 USA
Phone (888) 529-1767