Distribution yield
4.80%
Source-reported
Not a guaranteed future yield

A concentrated dividend-growth portfolio that writes calls selectively rather than systematically covering an entire index.
Review record
Current scorecard
Distribution yield
4.80%
Source-reported
Not a guaranteed future yield
Cumulative return
+227.0%
Source-reported
Source-defined since-inception figure
AUM
$7.9B
Source-reported
Rounded assets under management
Expense ratio
0.56%
Issuer-verified
Official issuer fund information
Payout schedule
Monthly
Issuer-verified
Frequency may change; payments are not guaranteed
Inception
2016-12-14
Issuer-verified
Official fund launch date
Imported yield, return, and AUM are source-reported, may use different as-of dates, and are not independently verified. Past performance does not guarantee future results.
Portfolio role
Investors wanting monthly income with a more selective, actively managed options overlay.
DIVO differs from index buy-write funds because it owns a compact stock portfolio and writes calls tactically on selected positions. That preserves more upside flexibility, while adding manager-selection risk and a higher fee.
Risk check
Historical data changes
Tracking began September 2026
No accepted scorecard change has been recorded yet. Future dataset or issuer-review changes will be dated here rather than silently replacing the prior interpretation.
Educational use only
This scorecard is not personalized investment, tax, or legal advice. Read the current prospectus and issuer materials before making an investment decision.