Bringing you live news and features since 2006 


Parametric launches Dividend Income Fund


Parametric Portfolio Associates has launched the Parametric Dividend Income Fund.

Eaton Vance Management is the fund's investment adviser and Parametric serves as the fund's sub-adviser. 
The fund is co-managed by David M Stein, chief investment officer of Parametric, and Thomas Seto, managing director, portfolio management.
In managing the fund, the portfolio managers employ a top-down, disciplined and systematic investment process that emphasises a diversified portfolio of quality companies that have historically demonstrated high current income and lower levels of stock price volatility on a sector relative basis. 
To achieve broad diversification, each industry sector generally receives an equal weight. The top ranked securities within each sector based on the sub-adviser's yield and volatility screening are also generally equal weighted.
The portfolio may be rebalanced on a periodic basis to maintain diversification, and is reconstituted on an annual basis.
"We are excited to offer a new strategy that provides clients with a diversified equity income strategy," says Parametric chief executive officer, Brian Langstraat. "The strategy emphasises durable dividend payers while avoiding the potential consequences of sector concentrations."

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by