IPDP Dividend Performers ETF
What is IPDP?
IPDP seeks to provide income through an actively managed portfolio of dividend-paying, large-cap US stocks combined with credit spread options on an S&P 500 ETF or index.
IPDP Factset Analytics Insight
IPDP is an income-focused fund that invests in dividend-paying US stocks utilizing an S&P 500 Index-based options overlay. The fund generally holds large-cap companies but has the ability to invest in income-producing securities of all-caps, including REITs. The selection process starts with a universe of companies that have a history of increasing dividends for at least 10 consecutive years. This is narrowed down to a portfolio of 50 stocks using a downside risk analysis based on valuation, growth, fundamentals, and sentiment. To generate additional income, the fund creates a credit spread position on an S&P 500 ETF or index by selling/writing short put options each month while simultaneously purchasing long put options with the same expiration. The fund seeks to maintain approx. 20% exposure to credit spread options, although market conditions may dictate otherwise. Prior to March 7, 2022, IPDP operated as a mutual fund (ticker: IPDPX) with $15.8 million in assets.
IPDP Summary Data
IPDP Portfolio Data
IPDP Index Data
IPDP Portfolio Management
IPDP Tax Exposures
IPDP Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IPDP. IPDP is rated a 4 out of 5.
IPDP Sector/Industry Breakdown
IPDP Top 10 Holdings
IPDP Performance Statistics
IPDP Economic Development
IPDP Benchmark Comparison Summary
IPDP Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.