Kingsbarn Dividend Opportunity ETF
DVDN
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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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 - Income
- Address
- 8480 East Orchard Road, Suite 1100 Greenwood Village CO United States of America 80111
- IPO Date
- Nov 2, 2023
- Website
- kingsbarncapital.com
- Similar Companies
- Business
- Kingsbarn Dividend Opportunity ETF (DVDN) is an actively managed exchange-traded fund that seeks current income while maintaining prospects for capital appreciation by investing primarily in a concentrated portfolio of 11-18 publicly traded dividend-paying equities issued by residential mortgage REITs, commercial mortgage REITs, and business development companies. The fund employs a proprietary bottom-up investment process involving financial forecasts for net income, dividends, and book value across various interest rate scenarios; portfolio construction focused on high aggregate dividend yields with low volatility; and active management to overweight resilient dividend payers, capture upside opportunities, and exit positions prior to anticipated dividend cuts. It targets an investment universe of approximately 100 high-yield securities across sub-sectors including agency mortgage REITs, hybrid/credit mortgage REITs, commercial real estate investment trusts (CREITs), and BDCs that provide private credit to small and medium-sized companies. Launched on November 2, 2023, and domiciled under ETF Opportunities Trust, the fund is advised by Kingsbarn Capital Management, L.P., headquartered in Las Vegas, Nevada, with additional operational presence noted in Richmond, Virginia. DVDN distributes income quarterly, with a recent 30-Day SEC Yield of 12.69% as of October 2025 and a Distribution Rate reflecting annualized recent payouts derived solely from portfolio dividends and interest; total expenses stand at 0.90% on invested capital. The fund operates in U.S. capital markets, serving income-oriented investors such as those seeking fixed-income alternatives amid varying interest rate environments. Recent developments include updated summary prospectus filings in February 2025 confirming ongoing adherence to its 80% policy in dividend-paying companies and RIC diversification requirements; sustained portfolio adjustments reflected in third-quarter 2025 holdings such as top weights in Franklin BSP Realty Trust Inc. (FBRT), Trinity Capital Inc. (TRIN), and NexPoint Real Estate Finance Inc. (NREF); and a year-to-date yield increase amid resilient dividend distributions from mortgage REITs and BDCs absent systemic disruptions. No major acquisitions, partnerships, or strategic shifts have been announced in the past two years, with focus remaining on active optimization for interest rate sensitivity and macroeconomic resilience.