AGFiQ Hedged Dividend Income Fund
DIVA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- DE United States of America
- IPO Date
- Jan 14, 2015
- CIK
- 0001479599
- Similar Companies
- Business
- AGFiQ Hedged Dividend Income Fund (DIVA) is an exchange-traded fund that employs a long/short equity strategy focused on U.S. dividend-paying stocks; it takes 100% long positions in an equal-weighted portfolio of approximately 100 securities from the largest 1,000 U.S. stocks with the highest yields, stable or growing dividends, and sector-neutral weighting; and 50% short positions in 150 to 200 stocks from the same universe with the lowest or no dividend yields to hedge market and sector risks while seeking to isolate dividend income. The fund tracks the Indxx Hedged Dividend Income Index through full replication, investing at least 80% of its net assets in index components, with holdings concentrated in the top 10 at around 62% of assets; it targets growth and value stocks across diversified sectors, primarily large-cap companies operating in North America, delivering an annual dividend yield of approximately 1.16% as of recent data. Launched on January 15, 2015, and headquartered at 53 State Street, Suite 1308, Boston, MA, under the management of AGF Investments LLC (an affiliate of AGF Management Limited, founded in 1957), DIVA operates as a regulated investment company with assets under management of about $3.91 million and average daily volume of 5,000 shares. In May 2022, AGF Investments LLC announced the closure and liquidation of the fund, driven by low assets, limited investor participation, and efforts to streamline offerings; trading on NYSE Arca ceased on June 13, 2022, with final liquidation occurring on or about June 28, 2022, after which the fund no longer pursued its investment objective and distributed remaining assets to shareholders. No subsequent reopenings, relaunches, acquisitions, partnerships, or strategic shifts have been reported as of late 2025, confirming the fund's out-of-business status. Prior to closure, the fund maintained operations without notable funding rounds, name changes, or major expansions in the preceding years.