USCF Dividend Income Fund
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About UDI
The Fund isan actively managed exchange-traded fund (“ETF”). The Fund seeks a high level of current income and, as a secondary objective,growth of income, by investing in U.S. exchange-traded dividend-paying and dividend-growth companies that meet the Fund’s environmental,social and governance (“ESG”) criteria. The Fund may also invest in U.S. exchange-traded equity securities of issuers domiciledoutside the U.S., including American Depositary Receipts (“ADRs”). The Fund may also invest in real estate investment trusts(“REITs”), with a typical sector limit of 25% or two times the weight in the Russell 1000 Value Index, whichever is greater.The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-payingequity securities and in other instruments that have economic characteristics similar to such securities.Miller/HowardInvestments, Inc. (the “Sub-Adviser”), serves as the Fund’s sub-adviser and manages the Fund’s investments. TheFund primarily utilizes a bottom-up fundamental research process to evaluate companies, and uses quantitative research to identify andcompare potential candidates for further fundamental review. Fundamental research is based on reviewing primary source documents, suchas SEC filings, company presentations, meetings with management, industry conferences, and engagement with industry experts and analystsas well as third-party research.The Fund assessescompanies based on a number of key metrics, including dividend yield, prospects for dividend growth, balance sheet strength, dividendcoverage, and low valuations. In evaluating potential portfolio companies for investment, the Fund will consider the company’sliquidity (generally selecting companies with average daily trading value greater than $30 million) and market capitalization (generallyselecting companies with market capitalization greater than $4 billion). The Fund will also consider the company’s ownership, publicfloat, and corporate structure, and the company’s financial characteristics, business model, valuation, and management and boardmembers. To be considered as potential Fund investments, such companies will typically meet the Fund’s criteria of persistent cashflow generation and have management teams with a consistent track record of efficient capital allocation, including a strong commitmentto pay and grow the dividend.As an integralpart of its process to evaluate potential portfolio companies, the Fund conducts an ESG assessment. The Fund will first screen out companiesbased on certain objective ESG characteristics. Such screening criteria eliminates: (i) companies that extract coal; (ii) companies thatderive greater than 10% of revenue from production of alcohol, tobacco, or firearms; and (iii) companies that provide parts or servicesthat are tailor-made and necessary for the lethal function of controversial weapons. The Fund uses audited reports and other publiclyavailable information in order to determine whether a company should be screened out of the Fund’s investable universe.In additionto the companies eliminated by the screening process, the Fund seeks to eliminate, based on its own assessment, companies that have demonstrateda history of weak governance or repeated failures to prevent or mitigate ESG risks. The Fund evaluates a company’s performancerelative to peers on environmental or social indicators. Examples of such ESG key performance indicators include the frequency and scopeof its ESG disclosures, human rights record and policies, and corporate board structure. More specifically, the Fund’s ESG assessmentsfocus on the following criteria:·Governance and Ethics. The Fund believes that oversight of management is a board’s responsibility, and further, that oversight of the board is an investor right and responsibility. As such, the Fund considers the structure of a company’s board and whether it has an independent chair, the extent to which the company is controlled by insiders and family members, and the responsiveness of the board to investor votes. The Fund also considers the strength and vision of a company’s leaders and the company’s strategy and vision.·Environmental Record. The Fund seeks to invest in companies that aim to minimize and mitigate the negative impacts of their operations on the environment. In assessing a company, the Fund considers a company’s strategy regarding natural resources and the planet, and how it mitigates any unintentional or unavoidable environmental harms caused by its operations.·Human Rights. The Fund favors companies that have human rights policies, practices, and due diligence processes that are grounded in international norms, including the United Nations Guiding Principles on Business and Human Rights.·Human Capital Management and Structure. The Fund reviews each company for certain indicators, including the racial, ethnic, and gender composition of its board, management, and workforce, to reveal areas where human capital management is lagging, recruitment is failing to capture the range of expertise and suitable candidates available, where homogeneity might be creating narrowness of perspectives and/or confirmation bias, and where a company’s competitive advantage may be at risk.In completingits ESG assessments, the Fund does not rely on any one source of information, but rather collects information from multiple sources includinga company’s audited reports and other publicly available information (such as sustainability reports and voluntary ESG disclosures);third-party ESG research and ratings from ESG data providers; non-profit benchmark reports, research, and analysis; media reports; anddiscussions with company management.The Sub-Adviserthen constructs the Fund’s portfolio from the investable universe by taking into consideration both the financial and ESG profileof each candidate, equally. The Fund is not required to invest in any specific number of companies, but will typically invest in approximatelythirty to forty-five companies, each of which meets the Fund’s financial and ESG criteria.
UDI News
- Trading Systems Reacting to (UDI) Volatility
- Behavioral Patterns of UDI and Institutional Flows
- Short Interest in USCF Dividend Income Fund (NYSEARCA:UDI) Expands By 61.9%
- (UDI) Movement Within Algorithmic Entry Frameworks
- (UDI) Movement Within Algorithmic Entry Frameworks
- How (UDI) Movements Inform Risk Allocation Models
- Trading Systems Reacting to (UDI) Volatility
Data for UDI is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.