Genter Capital Unveils 2 New Dividend ETFs

The first fund, the Genter Capital Dividend Income ETF (GEND ), seeks to provide income and capital appreciation for its investors. It has a net expense ratio of 38 basis points. 

GEND looks to build a portfolio of companies that are mid cap or higher. This portfolio is expected to contain roughly 25 to 50 securities. 

When it comes to choosing companies for the fund, GEND seeks out those with dividends that can qualify for treatment at capital gains tax rates. This allows GEND’s portfolio team to offer a potentially lower tax rate than a traditional dividend income ETF. 

To help bolster income for the fund, GEND’s team will also sell call option contacts. These options are based on the companies already held by the fund for its dividend strategy.

Meanwhile, the Genter Capital International Dividend ETF (GENW ) offers a more global perspective. This fund has a slightly higher net expense ratio of 0.40%. 

Much like GEND, GENW also focuses on companies that Genter Capital considers to be mid caps or higher. This similarity to GEND extends to its portfolio size as well, with the fund holding 25-50 securities at a time. 

GENW and GEND both invest in securities across a broad variety of market sectors. This lack of concentration can help the fund mitigate risk, should a specific market sector falter. 

Per the fund’s title, GENW offers exposure to companies that are primarily based outside of the United States. This foreign exposure will largely be done through American Depository Receipts. Additionally, up to 20% of GENW’s assets can be used for dividend-paying domestic equities that accrue 30% or more of overall revenues from outside the U.S. 

With GEND and GENW available on the NYSE Arca, Genter Capital now has four different ETFs available in U.S. markets. These funds let investors tap into the extensive market management experience that Genter Capital can offer. 

For more news, information, and strategy, visit ETFDB.