KAT ETF — Scharf ETF

Scharf ETF (KAT)

Updated October 16, 2026.

KAT is an ETF. its distribution rate is 0.26%, its trailing-12-month yield is 0.51%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 8.5% over the past 1.1 years, 11.9 points behind SPY at 20.4%.

Scharf ETF is a non-diversified equity fund that invests primarily in mid- and large-capitalization stocks that the adviser believes offer significantly more upside potential than downside risk over the long term. The fund carries a low current distribution rate, makes quarterly distributions, and has an expense ratio of 0.75%. It may appeal to growth-oriented investors seeking capital appreciation rather than current income.

KAT performance versus SPY

Price and return data through 2026-10-16.

Total return is 8.5% over the past 1.1 years, 11.9 points behind SPY at 20.4%. Its deepest 1-year drawdown was 9.3%.

KAT key facts

Distribution Safety Score™

50 · Unproven

Issuer

Scharf Investments

Asset type

ETF

Asset class

Equity

Inception date

12/30/2011

Expense ratio

0.75%

Distribution rate

0.26%

Distribution frequency

Quarterly

Trailing yield

0.51%

Last close

$58.82 (as of 2026-10-16)

AUM

$656,535,638

Average volume

13439.0

Dividend

$0.038

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

0.65

How Dividend Vision calculates yield and returns

Distribution rate (0.26%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.51%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Scharf Investments; 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.

KAT risks and drawbacks

KAT'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 9.3%.

Who may consider KAT — and who may not

It is a weaker fit for investors who need monthly cash flow (KAT 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.

More on KAT

• All tickers starting with K

Frequently asked questions

More securities from Scharf Investments.