Middlefield U.S. Equity Dividend ETF

Fund Description

Middlefield U.S. Equity Dividend ETF seeks to provide competitive long-term total returns by investing in dividend-paying securities of U.S.-based companies primarily operating in the consumer, financials, industrials and information technology sectors as well as other industries which are benefiting from the positive fundamentals in the U.S. economy.

Key Reasons to Invest:

  • exposure to an actively managed, low-cost fund which provides tax-efficient monthly distributions
  • a high conviction portfolio of U.S. companies which are well positioned to increase dividends and generate high levels of growth
  • portfolio focused on the U.S., which is the world’s largest, most innovative and diversified economy

MUSA 

Closing price  Ways To Invest Fact Sheet Press Releases Prospectus (English) Prospectus (French) All Fund Documents

ETF Overview

  • Ticker/CUSIP:
    MUSA/59636R108
  • Inception Date:
    December 19, 2013
  • Monthly Distribution:
    $0.04583
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    All Registered and Non-Registered Accounts
  • Management Fee:
    0.75%
  • Risk Rating:
    Medium
  • Exchange:
    Toronto Stock Exchange

Fund Managers

Shane Obata
Portfolio Manager
Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2023 2022 2021 2020
March 31, 2024 2.76% 15.81% 27.29% 15.81% 31.42% 11.00% 11.56% 11.43% 11.47% 21.18% -20.98% 25.42% 16.10%

Distributions

Total NAV & Distributions (since inception)  
Show More
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
June 30, 2024 July 15, 2024 0.04583
May 31, 2024 June 14, 2024 0.04583
April 30, 2024 May 15, 2024 0.04583
March 31, 2024 April 15, 2024 0.04583
February 29, 2024 March 15, 2024 0.04583
January 31, 2024 February 15, 2024 0.04583
December 31, 2023 January 15, 2024 0.04583
November 30, 2023 December 15, 2023 0.04583
October 31, 2023 November 15, 2023 0.04583
September 30, 2023 October 13, 2023 0.04583

Fund Details

Sector Allocation (%)

As Of March 31, 2024
Technology 33.00%
Healthcare 13.80%
Financials 13.40%
Communication Services 10.40%
Industrials 10.20%
Consumer Discretionary 9.10%
Consumer Staples 4.00%
Energy 3.10%
Real Estate 1.80%
Utilities 1.20%

Geographic Allocation (%)

As Of March 31, 2024
Canada 8.50%
U.S. 91.50%
International 0.00%

Top 10 Holdings

1 Middlefield Healthcare Dividend ETF 8.50%
2 NVIDIA Corp. 6.40%
3 Broadcom Inc. 5.80%
4 Amazon.com Inc. 5.50%
5 Blackstone Inc. 5.30%
6 Alphabet Inc. 5.30%
7 EATON CORP PLC 5.30%
8 Microsoft Corp. 5.30%
9 Visa Inc. 4.70%
10 Palo Alto Networks Inc. 4.40%
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