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ProShares’ NOBL earns 5-Star Morningstar rating


The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has been awarded a 5-Star Morningstar rating at the first time of asking.

NOBL tracks the S&P 500 Dividend Aristocrats Index, which is composed of the S&P 500 companies with at least 25 years of consecutive dividend growth.
Currently, only 50 companies meet the Dividend Aristocrats’ standard.
No other ETF or mutual fund tracks the S&P 500 Dividend Aristocrats.
“Since 2005, the S&P 500 Dividend Aristocrats Index has demonstrated outperformance with lower volatility,” says Michael L Sapir, co-founder and CEO of ProShare Advisors. “By tracking the Aristocrats, NOBL invests in quality companies that have had stable earnings streams and robust fundamentals.”
NOBL added more than USD1.3 billion in new assets so far this year, bringing total assets to nearly USD2.4 billion.

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