AAM S&P Developed Markets High Dividend Value ETF
DMDV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Nov 28, 2018
- CIK
- 0001540305
- Similar Companies
- Business
- AAM S&P Developed Markets High Dividend Value ETF (NYSE Arca: DMDV) is an exchange-traded fund that seeks current cash flow and capital growth by tracking the S&P Developed Ex-U.S. & Korea Dividend and Free Cash Flow Yield Index, targeting attractively valued developed-market international large- and mid-cap stocks exhibiting high dividend yields and sustainable free cash flow characteristics. Launched on November 27, 2018, and managed by Advisors Asset Management, Inc., headquartered in Monument, Colorado, the ETF invests at least 80% of its net assets in securities from the S&P Developed BMI Ex-U.S. & Korea LargeMidCap Index that pass screens for high dividend yield and free cash flow yield, resulting in an equal-weighted portfolio of approximately 59 holdings with sector diversification; top holdings as of recent data include Kingfisher PLC, Sun Hung Kai Properties, Mapletree Commercial Trust, Nokia Oyj, and Dexus Property Group, with exposure primarily to developed markets such as the United Kingdom, Hong Kong, Singapore, Finland, and Australia. The fund offers a low expense ratio of 0.39%, monthly dividend distributions with a trailing 12-month yield around 6-7%, and total assets under management of approximately $2.13 million. Geographic operations focus on developed markets excluding the U.S. and Korea, serving investors seeking international high dividend value exposure through a tax-efficient, transparent vehicle with strong balance sheet emphasis to avoid dividend traps. Part of AAM's high dividend value ETF suite alongside SPDV and others, DMDV emphasizes fundamental value metrics like dividend yield and free cash flow yield, historically delivering competitive income generation amid low assets indicating niche positioning. As of late 2025, no major recent partnerships, acquisitions, funding rounds, or product launches specific to DMDV are reported; however, AAM as issuer expanded its ETF lineup in 2024-2025 with active launches like BDIV, SAWG, and SAWS in collaboration with sub-advisors Brentview and Sawgrass, focusing on dividend growth and quality strategies, while broader AAM ETFs surpassed $100 million AUM collectively.