ELCV ETF — Eventide High Dividend ETF

Eventide High Dividend ETF (ELCV)

ELCV is an ETF. its distribution rate is 3.89%, its trailing-12-month yield is 2.18%, its expense ratio is 0.49%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 27.4% over the past 2 years, 9.6 points behind SPY at 37.0%.

At the current 3.89% distribution rate, a $10,000 investment would generate approximately $389 per year, or about $97.25 per quarter if the next payment matches the last regular one.

Eventide High Dividend ETF is an equity fund that invests at least 80% of its assets in dividend-paying securities, targeting a dividend yield above that of the broad U.S. equity market. The fund distributes quarterly and carries a moderate expense ratio of 0.49%. It appeals to income-focused investors seeking above-average dividend exposure from U.S. equities.

ELCV performance versus SPY

Price and return data through 2026-09-18.

Total return is 27.4% over the past 2 years, 9.6 points behind SPY at 37.0%. Over the past year its total return — price change plus distributions reinvested — is 19.0%. Its deepest 1-year drawdown was 6.7%.

ELCV key facts

Distribution Safety Score™

50 · Unproven

Issuer

Eventide Funds

Asset type

ETF

Asset class

Equity

Inception date

09/30/2024

Expense ratio

0.49%

Distribution rate

3.89%

Distribution frequency

Quarterly

Trailing yield

2.18%

Last close

$30.95 (as of 2026-09-18)

NAV

$30.98

Premium / discount

0.10% discount

AUM

$294,141,642

Average volume

45400.0

Last dividend

$0.301

Last ex-dividend date

06/29/2026 (as of 2026-06-29)

Last payment date

06/30/2026 (as of 2026-06-30)

Beta

0.6814

P/E ratio

23.7916

How Dividend Vision calculates yield and returns

Distribution rate (3.89%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.18%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Eventide Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ELCV risks and drawbacks

ELCV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.7%.

Who may consider ELCV — and who may not

ELCV may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (ELCV pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Eventide Funds.