Caldwell U.S. Dividend Advantage Fund

Why Invest

Caldwell U.S. Dividend Advantage Fund provides investors with attractive current income and total return potential by investing primarily in high-quality, U.S. dividend-paying companies with compelling valuations and good prospects for continued business and dividend growth.

Key Features

  • Attractive yield paid monthly, plus capital appreciation potential
  • 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?
Jennifer Radman photo

Jennifer Radman, CFA

Lead Portfolio Manager, Equities
Series A
Estimated Annualized Yield* 4.2%
Distribution FrequencyMonthly
Current Monthly Distribution per Unit$0.0333

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

*As of March 31, 2020. 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.

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
March 30, 2020March 31, 2020$0.0333

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

 
Series F
Estimated Annualized Yield* 4.0%
Distribution FrequencyMonthly
Current Monthly Distribution per Unit$0.0333

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

*As of March 31, 2020. 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.

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
March 30, 2020March 31, 2020$0.0333

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

 
Series D
Estimated Annualized Yield* 4.1%
Distribution FrequencyMonthly
Current Monthly Distribution per Unit$0.0333

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

*As of March 31, 2020. 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.

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
March 30, 2020March 31, 2020$0.0333

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