LVHD

Fund Description
Legg Mason Low Volatility High Dividend ETF seeks to track the investment results of an index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility. The QS Low Volatility High Dividend Index (the Index ) seeks to provide more stable income through investment in stocks of profitable U.S. companies with relatively high dividend yields and lower price and earnings volatility. The Index is based on a proprietary methodology created and sponsored by QS Investors, LLC ( QS ). The Index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive US Broad Market Index. Stocks in the Index must have demonstrated profitability over the last four fiscal quarters as a whole. Stocks whose yields are not supported by earnings are excluded from the Index. The methodology calculates a composite stable yield score, with the yield of stocks with relatively high price and earnings volatility adjusted downward and the yield of stocks with relatively low price and earnings volatility adjusted upward. QS anticipates that the number of component securities in the Index will range from 50 to 100. As initially constituted and balanced, no individual component of the Index will exceed 2.5% of the Index, no individual sector (as defined by QS) will exceed 25% of the Index, and real estate investment trust ( REITs ) components as a whole will not exceed 15% of the Index. The Index s components are reconstituted annually and rebalanced quarterly. The composition of the Index after annual reconstitution and rebalancing may fluctuate and exceed the aforementioned limits due to market movements. The components of the Underlying Index, and the degree to which these components represent certain sectors and industries, may change over time.
Fund Profile
Fund Name Legg Mason Low Volatility High Dividend ETF
Fund Exchange Ticker LVHD
Fund Sponsor Legg Mason
Fund ISIN US52468L4068
Net Expense Ratio 0.27 %
Fund Inception Date 28 December 2015
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Dividend & Fundamental
Asset Class Equities (Stocks)
Index Linked Passive
Index Name QS Low Volatility High Dividend Index
Index Provider QS Investors
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 28 October 2020
Asset Under Management 675.98 Million (USD)
1 Month Total Return -0.82 %
Year To Date Return -12.64 %
1 Year Total Return -10.78 %
3 Year Annualized Total Return 1.64 %
NAV 29.2
Share Outstanding 23,150,000
Top 10 Holdings (28 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
UNITED PARCEL SERVICE-CL B UPS EQUI 0.032827
PUBLIC STORAGE PSA EQUI 0.030693
EATON CORP PLC ETN EQUI 0.027231
DTE ENERGY COMPANY DTE EQUI 0.027161
PUBLIC SERVICE ENTERPRISE GP PEG EQUI 0.026134
VERIZON COMMUNICATIONS INC VZ EQUI 0.025271
3M CO MMM EQUI 0.025123
PPL CORP PPL EQUI 0.024539
ARCHER-DANIELS-MIDLAND CO ADM EQUI 0.024509
AMERICAN ELECTRIC POWER AEP EQUI 0.024193