QDVIX — Quality Dividend Fund
Data updated: 2025-03-25
QDVIX — Quality Dividend Fund. United States Large Cap Value Equity · $37.86M AUM · 0.99% expense ratio. Holdings, fees, performance and SEC filings.
QDVIX Fund Overview
QDVIX — Quality Dividend Fund is a US mutual fund managed by FundVantage Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: FundVantage Trust
- Category: United States Large Cap Value Equity
- Assets under management: $37.86M
- 1-year return: 17.2%
- Ticker: QDVIX
- SEC CIK: 0001388485
- SEC series ID: S000042034
- Share class ID: C000130589
QDVIX Investment Objective and Strategy
Quality Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.
Investment objective
"The Quality Dividend Fund (the ""Fund"") seeks to achieve current income and long-term growth of capital."
Principal investment strategy
"The Fund primarily invests in a diversified portfolio of income-producing (dividend-paying) equity securities of U.S. and foreign companies. The Fund invests principally in common stocks, but its equity investments may also include real estate investment trusts (""REITs""), and other investment companies (including mutual funds and exchange-traded funds (""ETFs"")). The Fund's equity investments may also include indirect exposure to foreign securities through American Depositary Receipts (""ADRs"") and master limited partnerships (""MLPs""), although MLP investments will at no time exceed 20% of the Fund's net assets (measured at the time of purchase). The Adviser combines quantitative and fundamental analysis with risk management in identifying investment opportunities and constructing the Fund's portfolio.
The Fund may invest in equity securities issued by companies of different capitalization ranges, but will typically focus on larger companies. In selecting securities, the Adviser first uses proprietary quantitative models to identify and rank stocks based on several characteristics, including quality (of financial condition and creation of shareholder value), relative value (based on fundamental metrics and analyst estimates) and income-generation potential (measured in terms of dividend, earnings, yield and payout ratio). The Adviser then determines the most attractive of the higher ranked securities based on their current and future prospects for income generation as well as long-term price appreciation. The Advisor considers a number of factors in this process, including history of dividend payment and growth, current dividend policy, and relevant corporate events.
Finally, in constructing the Fund's portfolio, the Adviser manages risk by diversifying across holdings and S&P economic sectors (""Sectors""), seeking to limit the potential adverse impact from any one stock or Sector. The Fund will generally hold equal-weighted positions and be diversified across Sectors and generally no more than 20% of the Fund's net assets will be exposed to any one Sector. The Fund will only exceed this 20% Sector exposure limit by virtue of investments in MLPs and other investment companies that may be more heavily concentrated in a particular Sector. The Adviser monitors the Fund's holdings and may consider selling a security when valuation becomes excessive, there is deterioration in the issuer's relative attractiveness, financial position or fundamental prospects, or the Adviser believes there are more attractive investment opportunities elsewhere."
QDVIX Holdings
Top 10 holdings of Quality Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| IBM | 4.28% |
| JPMorgan Chase & Co | 4.11% |
| Truist Financial Corp | 4.05% |
| Philip Morris International In | 4.02% |
| Gilead Sciences Inc | 3.99% |
| WEC Energy Group Inc | 3.92% |
| Cisco Systems Inc | 3.83% |
| AbbVie Inc | 3.81% |
| Prudential Financial Inc | 3.71% |
| US Bancorp | 3.68% |
QDVIX Portfolio Allocation
Asset-class allocation of Quality Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
QDVIX Performance
Total returns for QDVIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.2% |
| 3 years (annualised) | 3.7% |
| 5 years (annualised) | 7.4% |
QDVIX Risk Information
Risk metrics for QDVIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.2%
QDVIX Costs and Fees
QDVIX costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.32%
- Portfolio turnover: 21%
- Brokerage commissions: 0.93 bps of average net assets (SEC N-CEN)
QDVIX Cashflows
Over the 12 months to 2025-01, Quality Dividend Fund had net outflows of $14.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-01 | −$6.09M |
| 2024-12 | −$865.63K |
| 2024-11 | −$539.70K |
| 2024-10 | −$724.53K |
| 2024-09 | −$730.47K |
| 2024-08 | −$599.00K |
QDVIX Debt Constituents
No individual debt constituents are reported in Quality Dividend Fund's latest SEC N-PORT filing.
QDVIX Prospectus and SEC Filings
Official Quality Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-08-28
- Prospectus supplement (497) — filed 2024-09-06
- Prospectus supplement (497) — filed 2023-09-05
- Portfolio holdings (N-PORT) — filed 2025-03-25
- Portfolio holdings (N-PORT) — filed 2024-12-19
- Portfolio holdings (N-PORT) — filed 2024-09-23
- Annual census (N-CEN) — filed 2024-07-15
- Annual census (N-CEN) — filed 2023-07-14
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.