The iFreeETF TOPIX High Dividend Yield 40 Index, trading under the ticker JP:1651, is a compelling investment vehicle for those seeking to capitalize on high dividend yields within Japan's broad-based equity market. This exchange-traded fund is meticulously designed to track the performance of the TOPIX High Dividend Yield 40 Index, which cherry-picks the top 40 stocks from the TOPIX index based on dividend yield.
As a specialized fund, it caters to investors with a preference for income-focused strategies, offering exposure to a curated portfolio that emphasizes dividend-paying potential. By concentrating on high dividend yield stocks, this ETF provides an appealing option for those looking to enhance their portfolio's income generation while maintaining a diversified exposure to the Japanese equity market. The fund's strategic focus on a high dividend yield niche within a broad-based category ensures that investors benefit from both the stability of established companies and the attractive yield opportunities they present. Whether you are a seasoned investor or new to dividend-focused strategies, the iFreeETF TOPIX High Dividend Yield 40 Index offers a robust platform to pursue income growth in a dynamic market environment.
iFreeETF TOPIX High Dividend Yield 40 Index (1651) Fund Flow Chart
iFreeETF TOPIX High Dividend Yield 40 Index (1651) 1 year Net Flows: 6B
1651 ETF FAQ
What was JP:1651’s price range in the past 12 months?
JP:1651 lowest ETF price was 1544.00 and its highest was 2198.00 in the past 12 months.
What is the AUM of JP:1651?
As of Feb 18, 2025 The AUM of JP:1651 is 52.92B.
Is JP:1651 overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does JP:1651 pay dividends?
JP:1651 does not currently pay dividends.
How many shares outstanding does JP:1651 have?
Currently, no data Available
Which hedge fund is a major shareholder of JP:1651?
Currently, no hedge funds are holding shares in JP:1651