ACCESS Newswire
17 Nov 2023, 23:35 GMT+10
LAS VEGAS, NV / ACCESSWIRE / November 17, 2023 / Kingsbarn Capital Management announces the launch of its second ETF, The Kingsbarn Dividend Opportunity ETF (Ticker:DVDN).
DVDN is an actively managed fund that seeks to provide investors with current income while maintaining the prospects for capital appreciation. The Fund's two portfolio managers' strategy for achieving this objective is to employ a bottom-up, fundamentally driven research process to select 12-18 common stocks issued by Residential Mortgage Real Estate Investment Trusts ('MREITs'), Commercial Mortgage Real Estate Investment Trusts ('CREITs'), and Business Development Companies ('BDCs').
DVDN selects these portfolio positions from an investment universe of the 75 publicly listed equities issued by MREITs, CREITs and BDCs that comprise the equal-weighted Kingsbarn Capital DVDN Yield Tracker1.
'Kingsbarn Capital Management continues to broaden its asset management platform with the launch of DVDN, our second exchange-traded investment fund,' commented Jeff Pori, CEO and founder of Kingsbarn Realty Capital. 'Further, we believe DVDN will provide investors a cost-effective solution to meeting their fixed-income portfolio allocation requirements,' concluded Pori.
DVDN is co-managed by Jim Fowler and Ignatius Chiang, CFA, who have extensive experience managing mortgage-related equity and fixed-income portfolios.
'Although equity and interest rate markets have been somewhat volatile of late, residential and commercial mortgage REIT and BDC dividends have been relatively stable and, in our opinion, should remain resilient,' stated Jim Fowler, Chief Investment Officer for Kingsbarn Capital Management and DVDN co-portfolio manager. 'Along with co-portfolio manager Iggy Chiang, we believe we have developed a research and investment process that will allow us to meet our investment objective of managing a portfolio of stocks that we believe will provide investors current income.'
Kingsbarn Capital DVDN Yield Tracker1. Please see attached image.
To learn more about DVDN, please visit www.KingsbarnCapital.com and click here to view the fact sheet, investor deck, and prospectus.
About Kingsbarn Capital Management
Kingsbarn Capital Management is a research-focused Registered Investment Advisor headquartered in Las Vegas, Nevada, that specializes in providing investment funds to institutional investors, family offices, high-net-worth individuals, and foundations. Kingsbarn Capital Management is wholly owned by Kingsbarn Realty Capital, which is a Las Vegas-based real estate-centric investment house that provides institutional and accredited investors access to an array of alternative investments.
Contact Information
Emma Williams
Director of Public Relations
[email protected]
+17023677771
SOURCE: Kingsbarn Capital Management
Get a daily dose of Maryland Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Maryland Leader.
More InformationWASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...