Caldwell U.S. Dividend Advantage Fund

Why Invest

The ETF Series of Caldwell U.S. Dividend Advantage Fund (the “Fund”) provides investors with an ability to participate in an exchange-listed fund which offers attractive current income and total return potential.

The Fund invests primarily in high-quality, U.S. dividend-paying companies with compelling valuations and good prospects for continued business and dividend growth.

The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on The Toronto Stock Exchange under the symbol “UDA.”

Key Features

  • Attractive yield paid monthly, plus capital appreciation potential
  • Enhanced liquidity – The ETF Series of the Fund can be traded (intraday) on the Toronto Stock Exchange under the symbol UDA
  • High-conviction, differentiated portfolio with a high Active Share
  • Focus on “Dividend Champions” – companies with strong returns on capital that consistently increase their dividend
  • Access to small/mid-cap sector - exposure to companies with strong free cash flow and growth prospects that are often overlooked by other dividend mandates
  • Dividend growers have historically outperformed with less volatility
  • Emphasis on capital preservation – avoids highly cyclical sectors and unproven business models
Ready to Invest?
Estimated Annualized Yield* 3.6%
Distribution FrequencyMonthly
Current Monthly Distribution per Unit$0.038

Distribution history^

Record DatePayment DateDistribution per Unit
July 31, 2015August 14, 2015$0.05
August 31, 2015September 15, 2015$0.05
September 30, 2015October 15, 2015$0.05
October 31, 2015November 16, 2015$0.05
November 30, 2015December 15, 2015$0.05
December 31, 2015January 15, 2016$0.05
Record DatePayment DateDistribution per Unit
January 29, 2016February 16, 2016$0.05
February 29, 2016March 15, 2016$0.05
March 31, 2016April 15, 2016$0.05
April 29, 2016May 16, 2016$0.05
May 31, 2016June 15, 2016$0.05
June 30, 2016July 15, 2016$0.05
July 29, 2016August 15, 2016$0.05
August 31, 2016September 15, 2016$0.05
September 30, 2016October 17, 2016$0.05
October 31, 2016November 15, 2016$0.05
November 30, 2016December 15, 2016$0.05
December 30, 2016January 16, 2017$0.05
Record DatePayment DateDistribution per Unit
January 31, 2017February 15, 2017$0.05
February 28, 2017March 15, 2017$0.05
March 31, 2017April 17, 2017$0.05
April 28, 2017May 15, 2017$0.05
May 31, 2017June 15, 2017$0.05
June 30, 2017July 17, 2017$0.05
July 31, 2017August 15, 2017$0.05
August 31, 2017September 15, 2017$0.05
September 29, 2017October 16, 2017$0.05
October 30, 2017November 15, 2017$0.05
November 29, 2017December 15, 2017$0.05
December 28, 2017January 15, 2018$0.05
Record DatePayment DateDistribution per Unit
January 31, 2018February 15, 2018$0.05
February 28, 2018March 15, 2018$0.05
March 29, 2018April 16, 2018$0.05
April 30, 2018May 15, 2018$0.05
May 31, 2018June 15, 2018$0.05
June 29, 2018July 16, 2018$0.05
July 31, 2018August 15, 2018$0.05
August 31, 2018September 17, 2018$0.05
September 28, 2018October 15, 2018$0.05
November 28, 2018November 29, 2018$0.0333
(Regular Distribution)
November 28, 2018November 29, 2018$0.0333
(Special Distribution)
December 28, 2018December 31, 2018$0.0333
Record DatePayment DateDistribution per Unit
January 30, 2019January 31, 2019$0.0333
February 27, 2019February 28, 2019$0.0333
March 28, 2019March 29, 2019$0.0333
April 29, 2019April 30, 2019$0.0333
May 30, 2019May 31, 2019$0.0333
June 27, 2019June 28, 2019$0.0333
July 30, 2019July 31, 2019$0.0333
August 29, 2019August 30, 2019$0.0333
September 27, 2019September 30, 2019$0.0333
October 30, 2019October 31, 2019$0.0333
November 28, 2019November 29, 2019$0.0333
December 30, 2019December 31, 2019$0.0333
Record DatePayment DateDistribution per Unit
January 30, 2020January 31, 2020$0.0333
February 27, 2020February 28, 2020$0.0333
April 29, 2020May 7, 2020$0.038
May 28, 2020June 5, 2020$0.038
June 29, 2020July 8, 2020$0.038
July 30, 2020August 7, 2020$0.038
August 28, 2020September 4, 2020$0.038
September 29, 2020October 7, 2020$0.038
October 29, 2020November 5, 2020$0.038

A Monthly Distribution Reinvestment Plan (DRIP) is available for ETF investors. Contact your investment Advisor for more information.

*Annualization of the current monthly distribution per unit, stated as a percentage of net asset value per unit on the last day of the prior month.

^Periods prior to March 2020 reflect Series A, F and D of the mutual fund.

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