What does Capital Group Dividend Growers ETF do?
Capital Group Dividend Growers ETF (NYSE:GDV) focuses on investing in a diverse portfolio of companies with a track record of growing dividends. The fund aims to provide investors with income and long-term growth of capital by selecting companies that have the potential to increase their dividends over time. With a strategic approach to portfolio management, Capital Group Dividend Growers ETF seeks to balance risk and reward, targeting companies across various industries and geographical regions to ensure diversified exposure. Their objective is not just to chase high dividend yields but to invest in companies with sustainable business models and strong financial health that can support continuous dividend growth. This strategy aims to appeal to income-focused investors looking for potential capital appreciation and steady income streams.