AGEM: abrdn Emerging Markets Dividend Active ETF
What this ETF is trying to do
The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund designed to invest in emerging markets. Based on its name and strategy, it focuses on companies that pay dividends within these growing economies.
What the numbers show
The data shows that AGEM has experienced significant growth recently. We can look at two different types of returns: price return (the change in the share price) and total return (which includes both the share price change and the dividends paid out).
• Year-to-Date (YTD): The price return is approximately 29.02%. When including dividends, the YTD total return is approximately 31.72%.
• One-Year Performance: The one-year price return is approximately 31.60%. The one-year total return is approximately 34.96%.
To visualize this, the estimated price from roughly one year ago was $37.63. The current price is $49.53.
Income and distribution explanation
AGEM provides cash to investors through distributions. The distribution yield is approximately 2.36%. This number describes the cash paid out relative to the current ETF price.
The fund usually pays distributions on a quarterly basis. Over the last 12 months, there were 4 payouts. The trailing distributions (the amount paid out over the last year) totaled approximately $1.17 per share. It is important to remember that a distribution yield tells you about the cash received, but it is not the same as the total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes look like erosion, they are not always the same thing.
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. However, the fund's erosion-risk score is 100, which is labeled as "No price erosion detected," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Price Growth: The fund has shown strong positive price returns over the last year.
• Positive Total Returns: The total return is higher than the price return, meaning dividends have added to the overall value.
• Low Erosion Risk: The current measurements show no detected price erosion.
Cons
• Partial Data: The list of top holdings is only a partial list, so you are not seeing every company the fund owns.
• Income Grade: The income rating grade is a "C," which suggests the distribution level may not be considered high by all standards.
Beginner takeaway
AGEM has recently seen both its share price and its total value increase significantly. It pays dividends quarterly, providing a distribution yield of about 2.36%. While it shows strong recent performance and low price erosion risk, investors should remember that high yields or past growth do not guarantee future results.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | n/a | 12.23% |
| 2 | n/a | n/a | 11.53% |
| 3 | SK HYNIX INC | n/a | 5.61% |
| 4 | TENCENT HOLDINGS LTD ADR | TCEHY | 4.35% |
| 5 | MEDIATEK INC | n/a | 3.96% |
| 6 | GRUPO MEXICO SAB DE CV CLASS B | n/a | 3.80% |
| 7 | HDFC BANK LTD ADR | HDB | 2.48% |
| 8 | SAMSUNG C&T CORP COMMON STOCK KRW100.0 | n/a | 2.24% |
| 9 | PT BANK MANDIRI (PERSERO) TBK | n/a | 2.04% |
| 10 | n/a | n/a | 1.70% |