The AAM S&P 500 High Dividend Value ETF (SPDV) aims to track a systematically constructed and equally-weighted index. This index is specifically designed to select companies from the S&P 500 that demonstrate both robust dividend yields and a history of reliable, sustainable dividend payments, while also ensuring diversified representation across various sectors. The fund has a policy to invest at least 80% of its net assets, plus any borrowed funds used for investment, into equity securities that are part of the S&P 500 Index and have yielded a positive annual dividend in the preceding year.