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Dividend investors catch a break as Global X lowers the cost of its Super Dividend ETF (SDIV) to...

Dividend investors catch a break as Global X lowers the cost of its Super Dividend ETF (SDIV) to 0.58% from 1.14%. Just about a year old, the fund has nearly $120M in AUM and yields 7.7%. Perhaps applauding, investors give the fund a nice pop today relative to other dividend ETFs.
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Comments (3)
  • Marek
    , contributor
    Comments (1517) | Send Message
     
    Ok, I give up; what is "AUM"? Can't find a reference of it anywhere.
    11 Sep 2012, 08:08 PM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (557) | Send Message
     
    assets under management
    11 Sep 2012, 09:27 PM Reply Like
  • EGIdrA
    , contributor
    Comment (1) | Send Message
     
    Isn't 7.7% high enough to set off warning flags that these dividends are unsustainable?
    12 Sep 2012, 03:42 AM Reply Like
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