Brookstone Dividend Stock ETF

Brookstone Dividend Stock ETF (BAMD) is an actively managed fund, meaning a manager picks the stocks rather than tracking an index. As of May 31, 2026, it held 97 dividend-paying stocks, led by Paychex, Blackstone and JPMorgan Chase. Its trailing 12-month yield was 3.33% as of October 27, 2026, paid quarterly. The trade-off is cost: its 0.87% expense ratio (annual fee) is the highest of seven similar dividend funds, whose average is 0.13%.

• Over the year to Oct 27, 2026, BAMD returned +13.7%, 7th of 7 among similar funds.
• Its worst full calendar year was 2025 (-1.3%); its best was 2024 (+19.7%).
• The deepest fall in its price history was 15.9% (Nov 26, 2024 to Apr 8, 2025), recovered by Jun 11, 2026.

As of May 31, 2026, the fund held 97 securities; the ten largest made up 43.37% of assets.

By sector

• Over the three months to May 31, 2026, investors withdrew a net $3.0M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: -4.42%, +4.36%, -0.76%.

BAMD does not track an index. Its adviser picks the holdings. Under normal conditions, it puts at least 80% of net assets into income-producing U.S. stocks or into ETFs that hold them. It can also own American depositary receipts (ADRs). These are certificates, issued by banks, that represent shares of foreign companies and trade in the U.S. A company counts as income-producing if it has a history of paying dividends, looks able to keep paying, or has a record of raising them.

The adviser screens companies of any size, as long as they are worth at least $1 billion. It looks at dividend yield, the expected size and frequency of payouts, each company's reputation and growth, and third-party financial ratings. The goal is high-quality common or preferred stocks that are reasonably priced. Some sectors pay more dividends than others, so the fund can lean toward them. As of May 31, 2026, its largest sectors were financials, utilities and consumer staples.

The prospectus sets no fixed weighting formula or rebalancing schedule. The adviser may sell a stock once it is no longer reasonably priced or after poor performance. Portfolio turnover was 90%, which means the fund traded an amount equal to about 90% of its assets in a year. That much trading can add costs. As of May 31, 2026, the fund held 97 stocks and no other funds. If it does buy ETFs, their fees are paid on top of BAMD's own.

• BAMD charges 0.87% a year, versus an average of 0.13% for the similar funds below (7th of 7, cheapest first).
• Of that, 0.65% is the management fee; the rest covers other fund expenses.
• Using the prospectus's standard example, $10,000 invested would cost about $89 in the first year and $1,073 over 10 years (assuming a 5% annual return).

BAMD holds dividend-paying stocks and pays quarterly, but its short history and high cost suggest a limited role.

BAMD could add quarterly dividend income from companies such as Paychex, JPMorgan Chase and the utilities Eversource and Edison International. Its trailing 12-month yield was 3.33% as of October 27, 2026. Its record is short. The fund launched in September 2023, so it has no history in the 2008, 2020 or 2022 downturns. Its worst calendar year was 2025, at -1.49%. Its deepest drop was 15.9%, from November 26, 2024, to April 8, 2025. It took about 14 months to recover, on June 11, 2026. Anyone who had to sell shares near that low would have locked in losses.

Cost matters too. In the SEC's standard example, a $10,000 investment would cost about $1,073 over 10 years at the 0.87% expense ratio. Similar funds average 0.13%. Past results don't predict the future, and a retirement plan should look at the whole portfolio, not one fund.

Matched by closest holdings overlap from the latest N-PORT reports (no similar fund shares 20% or more of its holdings).