Why Invest
The Caldwell U.S. Dividend Advantage Fund’s (”UDA”) unique DIVIDEND MOMENTUM approach combines factor-based investing with fundamental analysis. The end result is a differentiated, high-conviction portfolio of sustainable dividend growers.
The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on The Toronto Stock Exchange under the ticker “UDA.”
Key Features
- A unique dividend investment strategy combining MOMENTUM investing with FUNDAMENTAL analysis
- Enhanced liquidity – The ETF Series of the Fund can be traded (intraday) on the Toronto Stock Exchange under the ticker UDA
- Attractive monthly distributions, with cash payment or reinvestment options
- Designed to capitalize on attractive, often overlooked dividend-growth stocks with compelling positive or negative price momentum
- Actively managed, concentrated portfolio - high Active Share
- Exposure to small- and mid-cap companies
- A total-return focus targeting stocks with proven business and dividend growth
- Low 75bps Management Fee
Estimated Annualized Yield* | 3.5% |
Distribution Frequency | Monthly |
Current Monthly Distribution per Unit | $0.038 |
Distribution history^
Record Date | Payment Date | Distribution per Unit |
---|---|---|
July 31, 2015 | August 14, 2015 | $0.05 |
August 31, 2015 | September 15, 2015 | $0.05 |
September 30, 2015 | October 15, 2015 | $0.05 |
October 31, 2015 | November 16, 2015 | $0.05 |
November 30, 2015 | December 15, 2015 | $0.05 |
December 31, 2015 | January 15, 2016 | $0.05 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 29, 2016 | February 16, 2016 | $0.05 |
February 29, 2016 | March 15, 2016 | $0.05 |
March 31, 2016 | April 15, 2016 | $0.05 |
April 29, 2016 | May 16, 2016 | $0.05 |
May 31, 2016 | June 15, 2016 | $0.05 |
June 30, 2016 | July 15, 2016 | $0.05 |
July 29, 2016 | August 15, 2016 | $0.05 |
August 31, 2016 | September 15, 2016 | $0.05 |
September 30, 2016 | October 17, 2016 | $0.05 |
October 31, 2016 | November 15, 2016 | $0.05 |
November 30, 2016 | December 15, 2016 | $0.05 |
December 30, 2016 | January 16, 2017 | $0.05 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 31, 2017 | February 15, 2017 | $0.05 |
February 28, 2017 | March 15, 2017 | $0.05 |
March 31, 2017 | April 17, 2017 | $0.05 |
April 28, 2017 | May 15, 2017 | $0.05 |
May 31, 2017 | June 15, 2017 | $0.05 |
June 30, 2017 | July 17, 2017 | $0.05 |
July 31, 2017 | August 15, 2017 | $0.05 |
August 31, 2017 | September 15, 2017 | $0.05 |
September 29, 2017 | October 16, 2017 | $0.05 |
October 30, 2017 | November 15, 2017 | $0.05 |
November 29, 2017 | December 15, 2017 | $0.05 |
December 28, 2017 | January 15, 2018 | $0.05 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 31, 2018 | February 15, 2018 | $0.05 |
February 28, 2018 | March 15, 2018 | $0.05 |
March 29, 2018 | April 16, 2018 | $0.05 |
April 30, 2018 | May 15, 2018 | $0.05 |
May 31, 2018 | June 15, 2018 | $0.05 |
June 29, 2018 | July 16, 2018 | $0.05 |
July 31, 2018 | August 15, 2018 | $0.05 |
August 31, 2018 | September 17, 2018 | $0.05 |
September 28, 2018 | October 15, 2018 | $0.05 |
November 28, 2018 | November 29, 2018 | $0.0333 (Regular Distribution) |
November 28, 2018 | November 29, 2018 | $0.0333 (Special Distribution) |
December 28, 2018 | December 31, 2018 | $0.0333 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 30, 2019 | January 31, 2019 | $0.0333 |
February 27, 2019 | February 28, 2019 | $0.0333 |
March 28, 2019 | March 29, 2019 | $0.0333 |
April 29, 2019 | April 30, 2019 | $0.0333 |
May 30, 2019 | May 31, 2019 | $0.0333 |
June 27, 2019 | June 28, 2019 | $0.0333 |
July 30, 2019 | July 31, 2019 | $0.0333 |
August 29, 2019 | August 30, 2019 | $0.0333 |
September 27, 2019 | September 30, 2019 | $0.0333 |
October 30, 2019 | October 31, 2019 | $0.0333 |
November 28, 2019 | November 29, 2019 | $0.0333 |
December 30, 2019 | December 31, 2019 | $0.0333 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 30, 2020 | January 31, 2020 | $0.0333 |
February 27, 2020 | February 28, 2020 | $0.0333 |
April 29, 2020 | May 7, 2020 | $0.038 |
May 28, 2020 | June 5, 2020 | $0.038 |
June 29, 2020 | July 8, 2020 | $0.038 |
July 30, 2020 | August 7, 2020 | $0.038 |
August 28, 2020 | September 4, 2020 | $0.038 |
September 29, 2020 | October 7, 2020 | $0.038 |
October 29, 2020 | November 5, 2020 | $0.038 |
November 27, 2020 | December 4, 2020 | $0.038 |
December 30, 2020 | January 8, 2021 | $0.038 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
February 1, 2021 | February 5, 2021 | $0.038 |
February 25, 2021 | March 5, 2021 | $0.038 |
March 30, 2021 | April 6, 2021 | $0.038 |
April 29, 2021 | May 6, 2021 | $0.038 |
May 28, 2021 | June 4, 2021 | $0.038 |
June 29, 2021 | July 7, 2021 | $0.038 |
July 29, 2021 | August 6, 2021 | $0.038 |
August 30, 2021 | September 7, 2021 | $0.038 |
September 29, 2021 | October 7, 2021 | $0.038 |
October 28, 2021 | November 4, 2021 | $0.038 |
November 29, 2021 | December 6, 2021 | $0.038 |
December 30, 2021 | January 7, 2022 | $0.038 |
Record Date | Payment Date | Distribution per Unit |
---|---|---|
January 28, 2022 | February 4, 2022 | $0.038 |
February 25, 2022 | March 4, 2022 | $0.038 |
March 30, 2022 | April 7, 2022 | $0.038 |
April 28, 2022 | May 5, 2022 | $0.038 |
May 30, 2022 | June 6, 2022 | $0.038 |
June 29, 2022 | July 7, 2022 | $0.038 |
July 28, 2022 | August 4, 2022 | $0.038 |
August 30, 2022 | September 7, 2022 | $0.038 |
September 29, 2022 | October 6, 2022 | $0.038 |
A Monthly Distribution Reinvestment Plan (DRIP) is available for ETF investors. Contact your investment Advisor for more information.
*As of June 30, 2022. 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 the former Series D of the mutual fund.
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