0055 Estimated at 2.7, Single Payout Ratio About 5.2%
Latest distribution information for Yuanta MSCI Financials (0055) under Yuanta Funds has been released, with an estimated distribution of 2.7 per unit this time. Based on the November 2 closing price of 51.95, the single payout ratio is about 5.2%. 0055 tracks the MSCI Taiwan Financials Index, mainly investing in domestic banking, insurance and related stocks. As financial stocks strengthened in the second half of the year, the share price of 0055 rose in tandem, recently topping the 50 mark. The estimated distribution of 2.7 this time is up 1.45 from last year's actual distribution of 1.25, with both the payout amount and share price performance rising.
00850 Quarterly Payout Tops 1 for First Time, Annualized Yield About 4.47%
Yuanta Taiwan ESG Sustainability (00850) is estimated to pay 1 this time, up 17.65% from the previous period, setting a new single-period record since switching to quarterly distributions. Based on the November 2 closing price of 89.55, the quarterly payout ratio is about 1.12%, implying an annualized payout ratio of about 4.47% if four payments of the same amount are made for the full year. Looking back at this year's distribution record, payouts of 0.8, 0.85 and 0.85 were made in February, May and August respectively, and this increase to 1 marks the highest single payout since the switch to quarterly distributions.
Strong Performance Boosts Popularity, Actual Amounts Pending Announcement
In addition to higher payouts, both ETFs have posted strong performance this year. As of last Friday, October 30, 0055 posted a 3-month return of 22.6%, rose 6.84% over the past month, and has gained a cumulative 64.57% this year; 00850 posted a 3-month return of 15.05% and has gained 67.6% this year, but pulled back 6.46% over the past month amid volatility in Taiwan stocks. As the financial-stock rally heated up, investor interest in 0055 rose in tandem, with the latest number of beneficiaries at about 19,900, up more than 60% from 12,190 at the end of July. As of October 30, 00850 had 80,221 beneficiaries.
Both ETFs are scheduled to go ex-dividend on November 20, with the last purchase date on November 19, and to pay out on December 11. The payout amounts are still estimates, with actual amounts subject to subsequent announcements by Yuanta Funds. ETF distributions do not equal actual investment returns, and investors should still watch fund net asset value, price volatility and long-term total returns.