Timothy Plan’s High Dividend Stock ETF is an exchange traded fund that employs a proprietary volatility weighting methodology for a broader exposure among blue chip stocks. It is a fund aiming to reduce exposure to market volatility while striving to generate higher returns than major market indices, while also placing an emphasis on dividend producing companies. Call +1 (800) 846-7526 or chat online if you need any assistance.
The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets directly or indirectly in the securities included in the Victory US Large Cap High Dividend Volatility Weighted BRI Index (the “Index”), an unmanaged, volatility weighted index created by the Sub-Advisor. A volatility weighted index assigns percentage values to each security in the Index based on the volatility of that security in the market. More volatile stocks have a lower weighting, and less volatile stocks are assigned a higher weighting.
The Index is comprised of the largest 100 dividend yielding stocks among the largest U.S. companies by market capitalization from the Victory U.S. Large Cap Volatility Weighted BRI Index, with positive earnings in each of the four most recent quarters.
The Index then eliminates the companies that do not satisfy the eVALUEator proprietary Biblically Responsible Investing (“BRI”) filtering criteria.
The remaining stocks are weighted based on their daily standard deviation (volatility) of daily price changes over the last 180 trading days.
|Inception Date||May 1, 2019|
|Category||High Dividend Stock|
|NAV % Change||(0.33)%|
|30 Day SEC Yield||2.35%|
|30 Day SEC Unsubsidized Yield||2.35%|
|Gross Expense Ratio||.52|
|Net Expenses Ratio||.52|
|Name||Symbol||Shares Held||Market Value %||Market Value $|
|JM SMUCKER CO||SJM US||20,713.00||1.72%||$3,035,697|
|HORMEL FOODS CORP.||HRL US||72,513.00||1.58%||$2,789,575|
|WASTE MANAGEMENT INC.||WM US||16,580.00||1.51%||$2,674,022|
|SNAP-ON INC.||SNA US||9,718.00||1.41%||$2,500,927|
|CAMPBELL SOUP CO||CPB U||47,944.00||1.4%||$2,469,595|
|GENERAL DYNAMICS CORP.||GD US||11,461.00||1.33%||$2,352,370|
|CONSOLIDATED EDISON INC.||ED US||25,336.00||1.33%||$2,348,394|
|HUBBELL INC||HUBB US||8,037.00||1.32%||$2,338,044|
|HONEYWELL INTERNATIONAL I||HON U||11,938.00||1.31%||$2,312,988|
|DARDEN RESTAURANTS INC.||DRI US||14,318.00||1.31%||$2,309,207|
Victory Capital Victory Capital is an investment management firm operating a next-generation, integrated multi-boutique business model with over $161.5 billion in assets under management as of November 30, 2022 (reflects AUM on a discretionary and non-discretionary basis. AUM figures are not adjusted for assets of proprietary funds in other funds or client accounts). As a multi-boutique asset manager, Victory Capital connects to the right talent with the right resources in the right environment. Our investment professionals are empowered to be their best. Unique talents are amplified. And our energies are focused on what really matters—helping our clients meet their goals.
Mr. Dhillon, CFA and CAIA®, is President of Victory Capital's Victory Shares. From 2015- 2017, he served as the Sub-Advisor’s Head of Investment Solutions, Product, and Strategy. From 2010 to 2015, Mr. Dhillon served as a managing director and head of manager research with Wilshire Associates, where he evaluated asset managers and led strategic consulting engagements. Mr. Dhillon is a CFA charter holder.
Mr. Foutz is the Portfolio Implementation Manager for Victory Capital Management’s Victory Shares and Solutions team, with over 17 years of industry experience. Prior to joining Victory Capital Management in 2015, Mr. Foutz managed the Sub-Advisory Oversight Team for Charles Schwab Investment Management. He was also a voting member of CSIM’s Investment Oversight Committee. Previously, Mr. Foutz worked as a Senior Institutional Investment Analyst for Schwab’s Retirement Investment Services department conducting in- depth manager research and authoring proprietary research reports. Prior to that, he worked as a Registered Representative within Schwab Retirement Plan Services, counseling plan participants on a wide array of topics including personal finance and asset allocation and gaining unique insight into investor behavior.