The UVA Dividend Value ETF operates as an actively managed exchange-traded fund with a primary goal of investing in securities that pay dividends. Typically, the sub-adviser commits at least 80% of the fund's net assets (including any funds borrowed for investment purposes) to these dividend-yielding instruments. The sub-adviser’s selection strategy targets various equity securities, including common stocks, preferred stocks (which share attributes with common equities), and convertible securities, specifically encompassing contingent convertible securities.