NOBL 📈 ProShares S&P 500 Dividend - Overview

The ProShares S&P 500 Dividend Aristocrats ETF, listed on BATS under the ticker NOBL, is designed to replicate the performance of a specific index that focuses on a subset of companies within the S&P 500. These companies are distinguished by their consistent track record of increasing dividend payouts annually for a minimum of 25 years, demonstrating a commitment to returning value to shareholders. By investing in a portfolio of securities that ProShare Advisors believes will collectively mirror the index's performance, the fund aims to provide investors with a way to tap into the potential of these dividend aristocrats.

From a portfolio composition perspective, the fund typically allocates at least 80% of its total assets to components of the underlying index or to financial instruments that exhibit similar economic characteristics. This approach is intended to ensure that the fund's performance closely aligns with that of the index, thereby offering investors a targeted exposure to the dividend aristocrat strategy. The fund's domicile is in the United States, and it is classified as an exchange-traded fund (ETF) within the large value category, reflecting its focus on established companies with a history of dividend growth.

In terms of its operational details, the ProShares S&P 500 Dividend Aristocrats ETF is managed by ProShare Advisors, with more information about the fund and its sponsor available on the company's website at http://www.proshares.com. The fund's international securities identification number (ISIN) is US74348A4673, which can be used to identify the fund in international trading and clearing systems. As an ETF, it offers the benefits of transparency, liquidity, and diversification, making it an attractive option for investors seeking to incorporate a dividend-focused strategy into their portfolios.