11/7/2023 0 Comments Dia etf dividends![]() Payments of dividends are made monthly, on the Monday preceding the third (3 rd ) Friday of the next calendar month. The Trust does not hold or trade futures or swaps and is not a commodity pool. See The DJIA below for more information regarding The Trust generally will be substantially invested in Index Securities, which should result in a close correspondence between the performance of the DJIA and the performance of the Trust. Portfolio turnover will be a function of changes to the DJIA as well as requirements of the Trust Agreement (asĭefined below in Organization of the Trust).Īlthough the Trust may fail to own certain Index Securities at any particular time, Trusts portfolio turnover rate does not include securities received or delivered from processing creations or redemptions of Units. Was 18.00% of the average value of its portfolio. During the most recent fiscal year, the Trusts portfolio turnover rate These costs, which are not reflected in estimated annual Trust ordinary operating expenses, affect the Trusts performance. When Units are held in a taxable account. Such transaction costs may be higher if there are significant rebalancings of Index Securities in the Index, which may also result in higher taxes The Trust may pay transaction costs, such asīrokerage commissions, when it buys and sells securities (or turns over its Portfolio). Or after the day on which changes in the DJIA are scheduled to take effect. The Trustee generally makes these adjustments to the Portfolio within three (3) Business Days (as defined below in Purchases and Redemptions of Creation Units Purchase (Creation)) before Weightings of Index Securities in the DJIA. Securities and Index Securities, State Street Bank and Trust Company, the trustee of the Trust (the Trustee), adjusts the Portfolio from time to time to conform to periodic changes made by S&P to the identity and/or relative To maintain the correspondence between the composition and weightings of Portfolio At any time, the Portfolio will consist of as many of the Index Securities as is practicable. Term Portfolio Securities refers to the common stocks that are actually held by the Trust and make up the Trusts Portfolio, while the term Index Securities refers to the common stocks that are included in the DJIA, asĭetermined by S&P Dow Jones Indices LLC (S&P). With the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the DJIA. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the DJIA (the Portfolio), The Trusts Investments and Portfolio Turnover Past performance is not necessarily an indication of how the Trust will perform in the future. (expenses that you pay each year as a percentage of the value of your investment)Ĭurrent Estimated Annual Trust Ordinary Operating Expensesįuture expense accruals will depend primarily on the level of the Trusts net assets and the level of expenses. (fees paid directly from your investment)Įstimated Annual Trust Ordinary Operating Expenses : Pay for purchases and sales of Units on the secondary markets. It does not reflect brokerage commissions that you may This table estimates the fees and expenses that the Trust pays on an annual basis, which you therefore pay indirectly when you buy and hold Units. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the ∽JIA). No financial product offered by State Street Global Markets, LLC or its affiliates is sponsored, endorsed, sold or promotedīy S&P, its affiliates or its third party licensors. SPDR ® is a trademark of Standard & Poorsįinancial Services LLC and has been licensed for use by S&P and sublicensed for use by State Street Global Markets, LLC. Marks pursuant to separate Sublicenses. The Trust is not sponsored, endorsed, sold or promoted by S&P, its affiliates or its third party licensors. ![]() are permitted to use these trademarks and service The Trust, PDR Services LLC and NYSE Arca, Inc. ∽IAMONDS ® are trademarks and service marks of Standard & Poors Financial Services LLCĪnd have been licensed for use by S&P Dow Jones Indices LLC (S&P) and sublicensed for use by State Street Global Markets, LLC. ∽ow Jones Industrial Average SM , ∽JIA ®, ∽ow Information and Comparisons Relating to Secondary Market Trading and Investment by an Undertaking for Collective Investments in Transferrable Securities Independent Registered Public Accounting Firm and Financial Statements ![]() Additional Information Regarding Dividends and Distributions
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