Matrix Advisors Dividend Fund (MADFX) NASDAQ

37.85

+0.29(+0.77%)

Updated at June 02 04:00PM

Currency In USD

Matrix Advisors Dividend Fund

Address

10 Bank Street, Suite 590

White Plains, NY 10606

United States of America (the)

Phone

800-366-6623

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

October 13, 2016

Key Executives

N/A

Description

The fund invests primarily in dividend-paying common stocks or depositary receipts representing common stocks of U.S. companies and U.S.-listed international companies that the advisor believes pay high and sustainable dividends, are financially strong, and meet specific valuation criteria using the principles of value investing based on Classic Valuation Analysis. It invests at least 80% of its net assets, plus borrowings for investment purposes, in dividend-paying stocks. The fund invests primarily in large capitalization companies.