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Price chart and 15 days of daily prices
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Security Profile
- Security Type
- Index ETF
- CUSIP
- 887432326
- Market Cap
- Small Cap · $142 Million
- IPO
- 5/1/2019
Fund Description: Timothy Plan High Dividend Stock ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Timothy Plan, an open-end investment management company. <p> INVESTMENT OBJECTIVE: Timothy Plan High Dividend Stock ETF seeks to provide investment returns that closely correspond to the price and yield performance of the to provide investment results that track, before fees and expenses, the performance of the Victory U.S. Large Cap High Dividend Volatility Weighted BRI Index. <p> INDEX DESCRIPTION: The Victory U.S. Large Cap High Dividend Volatility Weighted BRI Index is comprised of the largest 100 dividend yielding stocks among the largest U.S. companies by market capitalization from the Victory U.S. Large Cap Volatility Weighted BRI Index, with positive earnings in each of the four most recent quarters. The Index also eliminates the companies that do not satisfy the eVALUEator proprietary Biblically Responsible Investing (“BRI”) screening criteria (“Excluded Securities”). The Advisor maintains the list of Excluded Securities identified by the eVALUEator system. The 100 highest dividend yielding stocks, after Excluded Securities are removed, become the stocks included in the Index and are weighted based on their daily standard deviation (volatility) of daily price changes over the last 180 trading days. Stocks with lower volatility receive a higher weighting and stocks with higher volatility receive a lower weighting. The Index is reconstituted every April and October (based on information as of the prior month-end) and is adjusted to limit exposure to any particular sector to 25%. <p> FUND STRATEGY: The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets directly or indirectly in the securities included in the Victory US Large Cap High Dividend Volatility Weighted BRI Index, an unmanaged, volatility weighted index created by the Sub-Advisor. A volatility weighted index assigns percentage values to each security in the Index based on the volatility of that security in the market. More volatile stocks have a lower weighting, and less volatile stocks are assigned a higher weighting. <p> FUND MANAGEMENT: Timothy Partners, Ltd. serves as the Investment Adviser to the Fund. Victory Capital Management, Inc. serves as Sub-adviser to the Fund.
Company Contact
- Headquarters
- 1055 Maitland Center Commons, Maitland, FL 32751
- Phone
- 407-644-1986