Dividend Fund of the Day V
Blackrock Dividend Achievers Trust (BDV)
BlackRock Dividend Achievers Trust (the Trust) is a diversified closed-end management investment company. The Trust may invest substantially all, but not less than 80%, of its total assets in common stocks that are included in the Mergent, Inc.’s universe of Dividend Achievers. To qualify as a Dividend Achiever, an issuer must have raised its annual regular cash dividend, on a pre-tax basis, for at least each of the last 10 consecutive calendar years. The Trust invests in sectors, such as financial institutions, energy, consumer products, healthcare, telecommunications, real estate, conglomerates, basic materials, automotive, industrials and technology.
Expense ratio of .84% and is heavily weighted in financial and utility, so is sensitive to interest rate changes.