A whopping 6.95% dividend yield
With one the highest dividend yields in the exchange-traded funds universe, the iShares Emerging Markets Dividend ETF (DVYE) boasts of a whopping 6.95% dividend yield. The fund tracks the performance of the Dow Jones Emerging Markets Select Dividend Index and offers exposure to dividend-paying stocks in emerging markets.
The fund, managing about $300 million in assets, has an expense ratio of 0.49%. Top institutional owners of the fund include BlackRock Advisors LLC (BLK), SG Americas Securities LLC, and UBS Securities LLC (UBS), which own 7.84%, 7.84%, and 5.54% of the total shares of DVYE, respectively.
Year-to-date (April 27, 2017), the iShares Emerging Markets Dividend ETF (DVYE) has returned 15.64% to its investors; up 22.36% over the past year. The fund currently trades at a price-to-earnings (P/E) ratio of 9.83 (as of April 26) and a beta of 0.11.
DVYE Portfolio highlights
- 88% of the funds’ assets are invested in the Emerging markets (EEM) (VWO).
- Asia (AAXJ) (52%), Europe (VGK) (24%), and Latin America (ILF) (10%) form the top 3 markets that the fund in invested in. Taiwan (EWT), China (FXI), and Russia (RSX) are top markets.
- Financials (18%), Utilities (15%), and Telecommunications (14%) dominate the DVYE portfolio.
- Invested in a good mix of large cap (53%), mid cap (34%), small cap (12%), and cash (1%).
- Top 5 equity holdings of the fund include:
| ADR Ticker | Name | Country | Weight (%) | Sector | YTD Return (April 27) |
| SGTPY | Surgutneftegas OJSC Pref | Russia | 3.41 | Oil & Gas | 6.82% |
| ITCB | Itaú CorpBanca | Chile | 3.27 | Financials | 9.89% |
| GZUHF | Guangzhou R&F Prop | China | 2.20 | Financials | 13.89% |
| NA | Transmissora Aliança de Energia Elétrica S.A. | Brazil | 1.77 | Utilities | NA |
| NA | Highwealth Construction Corp. | Taiwan | 1.76 | Financials NA | |
