What this ETF is trying to do

The IMGP Berkshire Dividend Growth ETF (ticker: BDVG) is an exchange-traded fund listed on the NYSE. While the specific investment goal isn't detailed in the data, the name suggests it focuses on companies that grow their dividends. This ETF holds a total of 40 different investments.

Top Holdings

The following is a partial list of the largest companies held by this ETF. Please note that holdings can change over time:

• DELL Technologies Inc (5.49%)

• Cisco Systems Inc (4.78%)

• Nucor Corp (4.43%)

• JPMorgan Chase & Co (4.32%)

• AbbVie Inc (4.18%)

• Apple Inc (4.11%)

• Chevron Corp (3.63%)

• Bank of America Corp (3.47%)

What the numbers show

When looking at an ETF, it is important to understand two different types of returns: price return (how much the share price changed) and total return (the price change plus any cash distributions received).

• Year-to-Date (YTD): The price return is approximately 17.02%, while the total return is approximately 18.22%.

• One Year: The price return was approximately 18.62%, and the total return was approximately 20.38%.

• Three Years: The price return was approximately 55.42%, and the total return was approximately 63.47%.

To visualize the price change, we can look at an estimated price from roughly one year ago. The price was approximately $12.64, and the current price is approximately $15.00.

Income and distribution explanation

This ETF provides cash to investors through distributions. The distribution yield is approximately 1.34%. This number describes the cash paid out relative to the current ETF price.

The fund usually pays these distributions quarterly, and there were 4 payouts in the last 12 months. It is important to remember that a distribution yield is not the same as total return. Total return includes both the price movement and these cash payments.

NAV erosion explanation

"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly over time. StockValueFinder uses an erosion-risk score to measure this risk.

For BDVG, the erosion score is 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.

Pros

• The ETF has shown positive price returns and total returns over the one-year and three-year periods.

• It has a high income rating grade of "A."

Cons

• The distribution yield (1.34%) is relatively low compared to some other types of income-focused investments.

Beginner takeaway

When studying BDVG, it is helpful to distinguish between the share price and the total return. This ETF has seen its share price grow, and when you add the cash distributions to that growth, the total return is even higher. Additionally, the data shows no signs of price erosion risk at this time.