RevenueShares Large Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P 500 Index (S&P 500) by investing in the constituent securities of the S&P 500 in the same proportions as the RevenueShares Large Cap Index. The Fund consists of the same constituent securities as the S&P 500. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually. RevenueShares Large Cap Index is constructed using a rules-driven methodology, which re-weights the constituent securities of the S&P 500 according to the revenue earned by the companies in the S&P 500. The resulting RevenueShares Large Cap Index contains the same securities as the S&P 500, but in different proportions. The Fund's investment advisor is VTL Associates, LLC. Its sub-advisor is BNY Investment Advisors.
Basic Details
Issuer Oppenheimer
Fund NameOppenheimer Large Cap Revenue ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:RWL
Inception Date2/22/2008
Fund ManagerFrank Vallario, Donal Bishnoi
Phone+1-215-8548181
Fund Focus
Asset ClassEquity
BenchmarkRevShares Large Cap Fund TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$942.97 million
Average Daily Volume$58,152.00
Discount/Premium1.02%
ETF Expenses
Management Fee0.39%
Other Expenses0.00%
Total Expenses0.39%
Fee Waiver0.00%
Net Expenses0.39%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorOFI Advisors, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorOppenheimerFunds Distributor, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCantor Fitzgerald
RevenueShares Large Cap Fund (NYSEARCA:RWL) Frequently Asked Questions
What is RevenueShares Large Cap Fund's stock symbol?
RevenueShares Large Cap Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RWL."
How often does RevenueShares Large Cap Fund pay dividends? What is the dividend yield for RevenueShares Large Cap Fund?
RevenueShares Large Cap Fund announced a quarterly dividend on Tuesday, June 19th. Investors of record on Wednesday, June 20th will be paid a dividend of $0.2213 per share on Thursday, June 21st. This represents a $0.89 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Tuesday, June 19th. This is an increase from RevenueShares Large Cap Fund's previous quarterly dividend of $0.18. View RevenueShares Large Cap Fund's Dividend History.
Who are RevenueShares Large Cap Fund's key executives?
RevenueShares Large Cap Fund's management team includes the folowing people:
- Vincent T. Lowry, Chairman of the Board of Trustee of the Trust (Age 62)
- David A. Whitaker, Chief Compliance Officer of the Trust (Age 38)
- Christopher C. Lanza, Treasurer of the Trust (Age 52)
- Jennifer Folgia, Secretary of the Trust (Age 39)
- Vincent DiStefano, Trustee of the Trust (Age 75)
- Lawrence A. Goldberg, Trustee of the Trust (Age 73)
- John J. Kolodziej, Trustee of the Trust (Age 57)
- James C. McAuliffe, Trustee of the Trust (Age 62)
- Christian W. Myers III, Trustee of the Trust (Age 61)
Has RevenueShares Large Cap Fund been receiving favorable news coverage?
News headlines about RWL stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RevenueShares Large Cap Fund earned a media sentiment score of 0.16 on Accern's scale. They also assigned press coverage about the company an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are RevenueShares Large Cap Fund's major shareholders?
RevenueShares Large Cap Fund's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (4.45%), LPL Financial LLC (3.80%), Fusion Family Wealth LLC (3.53%), UBS Group AG (3.19%), Ladenburg Thalmann Financial Services Inc. (1.77%) and Commonwealth Equity Services LLC (1.29%). View Institutional Ownership Trends for RevenueShares Large Cap Fund.
Which institutional investors are selling RevenueShares Large Cap Fund stock?
Which institutional investors are buying RevenueShares Large Cap Fund stock?
RWL stock was acquired by a variety of institutional investors in the last quarter, including LPL Financial LLC, Commonwealth Equity Services LLC, D.A. Davidson & CO., Fusion Family Wealth LLC, Wells Fargo & Company MN, Ladenburg Thalmann Financial Services Inc., Private Advisor Group LLC and Mutual Advisors LLC. View Insider Buying and Selling for RevenueShares Large Cap Fund.
How do I buy shares of RevenueShares Large Cap Fund?
Shares of RWL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is RevenueShares Large Cap Fund's stock price today?
One share of RWL stock can currently be purchased for approximately $51.70.
How big of a company is RevenueShares Large Cap Fund?
RevenueShares Large Cap Fund has a market capitalization of $930.55 million.
How can I contact RevenueShares Large Cap Fund?
RevenueShares Large Cap Fund's mailing address is 2005 Market Street, Suite 3320, Philadelphia, 19103, United States. The company can be reached via phone at +1-215-8548181.
MarketBeat Community Rating for RevenueShares Large Cap Fund (RWL)
MarketBeat's community ratings are surveys of what our community members think about RevenueShares Large Cap Fund and other stocks. Vote "Outperform" if you believe RWL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RWL will underperform the S&P 500 over the long term. You may vote once every thirty days.
