(VIG) Price & Analysis

This ETF is designed to replicate the investment results of the S&P U.S. Dividend Growers Index. It achieves this through a passively managed, full-replication approach, meaning it consistently invests fully in the index's components. The fund primarily targets large-capitalization companies that have a proven track record of consistently increasing their dividends year over year. Its low operational costs are intended to reduce discrepancies between its returns and those of its benchmark index. For at least 75% of its total assets, the fund operates under specific concentration limits: it generally avoids acquiring more than 10% of any single issuer's voting shares or investing over 5% of its total assets in the securities of one company. An exception to these rules can be made if necessary to precisely reflect the composition of its target index. These investment restrictions do not, however, apply to holdings in U.S. government or agency debt.