Logan Capital has launched the Logan Capital International Dividend ETF (NYSE:LCIV), its second ETF and the ETF version of an international dividend SMA strategy the firm has managed since 2005.
The actively managed fund targets 35-45 U.S.-traded securities of non-U.S. companies, primarily in developed markets. It screens roughly 250-300 dividend-paying stocks with at least $10 billion in market capitalization, focusing on low payout ratios, strong balance sheets and cash flows.
LCIV is designed as a diversification tool for U.S. investors with heavy domestic and technology exposure. Logan Capital cited dollar weakness and attractive international valuations as reasons the case for overseas equities is becoming more compelling.
The fund follows Logan Capital Large Cap Growth ETF (NYSE:LCLG), launched in 2022, and returned 115% gains since inception.
QUICK CONTEXT: International Dividend Strategy Enters ETF Market
LCIV brings a more than two-decade-old international dividend strategy into the ETF market, giving advisors access to a strategy that was previously offered through a separately managed account.
The fund takes a total-return approach, combining dividend income with potential capital appreciation rather than focusing solely on the highest-yielding stocks. Its selection process emphasizes financial strength and sustainable dividends, with the portfolio spread across 7-11 sectors and at least 10 countries.
The strategy also has a clear portfolio-construction role. Logan Capital positions LCIV as a complement to U.S.-focused portfolios, particularly those with significant technology exposure. That makes the ETF part of the broader push by asset managers to offer targeted international and income-oriented products within the increasingly popular ETF wrapper.
Photo: Shutterstock
Login to comment