The AI (ChatGPT) Dividend Handbook: iShares Core Dividend Growth ETF (DGRO)

Here is the response from ChatGPT for the prompt iShares Core Dividend Growth ETF (DGRO) tracks fees AUM holdings 400 words entered on May 20, 2023.

The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund offered by BlackRock's iShares that aims to provide investors with exposure to U.S. stocks that have a history of consistent dividend growth. The ETF seeks to track the performance of the Morningstar US Dividend Growth Index.

DGRO focuses on companies within the United States that have demonstrated a commitment to increasing their dividends over time. The ETF's underlying index includes large- and mid-cap stocks from various sectors of the U.S. market.

Like other ETFs, DGRO charges fees for managing the fund. The expense ratio represents the annual fee charged as a percentage of the fund's total assets under management (AUM). As of my knowledge cutoff in September 2021, the expense ratio for DGRO was 0.08%. However, please note that this information may have changed, so it's important to verify the most up-to-date fees from iShares or consult the fund's prospectus.

The holdings of DGRO consist of a diversified portfolio of U.S. dividend growth stocks. The ETF employs a passive investment approach, aiming to replicate the performance of the underlying index rather than actively selecting and managing individual stocks.

The Morningstar US Dividend Growth Index includes companies that have a history of increasing their dividends over time. The index applies certain screening criteria, such as dividend growth rate, dividend payout ratio, and liquidity, to select and weight its constituents. The index is rebalanced on a semi-annual basis to ensure adherence to its dividend growth criteria.

Investing in DGRO offers several potential benefits. First, the ETF provides exposure to U.S. companies with a track record of increasing dividends, which can be appealing to income-oriented investors seeking reliable and growing income streams. Second, DGRO offers the convenience of investing in a diversified portfolio of dividend growth stocks in a single trade, providing liquidity and flexibility. Lastly, by focusing on dividend growth, DGRO may potentially offer the opportunity for capital appreciation along with dividend income.

However, it's important to note that investing in DGRO carries certain risks. Like any equity investment, the value of the ETF can fluctuate based on market conditions and the performance of the underlying stocks. Dividend payments are not guaranteed, and companies may reduce or eliminate their dividends in certain situations.

Before investing in DGRO or any other ETF, it's crucial to review the fund's prospectus, understand its investment objectives, strategy, and risks, and consider consulting with a financial advisor who can provide personalized guidance based on your specific investment goals, risk tolerance, and overall financial situation.

Table and Chart of DGRO Performance (From buyupside.com. Not from chatGPT.)

See what a $1,000 investment in iShares Core Dividend Growth ETF (DGRO) is worth today.

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.