The timing may be perfect for this dividend-stock fund if the market is getting close to a top

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The TrueShares Low Volatility Equity Income ETF sailed through the 2022 bear market. It is actively managed to focus on quality, value and attractive yields.

Investors see warnings every day and under all economic conditions that the stock market is overvalued. Last year, high-flying technology companies led a broad decline for stocks, and many of those same companies have led this year’s rebound. With the market so heavily concentrated toward the largest tech names, you might now believe we’re near another frothy top. If so, the TrueShares Low Volatility Equity Income exchange-traded fund may be a well-timed investment choice.

First, let’s take a look how the 11 sectors of the S&P 500 SPX and the broad indexes have performed this year, and compare their forward price-to-earnings ratios with those at the end of each of the past two years. We cannot predict how long the current bull market may last. When the Federal Reserve sends a clear signal that it is ready to take an extended break from raising interest rates, the stock market could make another upward move as investors look ahead to declining interest rates, which make bonds less attractive and can help support stock prices.

From his pared list, Graff typically holds between 25 and 35 stocks in the DIVZ portfolio, seeking to buy at attractive entry points and hold for the long term. The three large U.S. bank failures this year — Silicon Valley Bank, Signature Bank of New York and First Republic Bank of San Francisco — had varying catalysts but ultimately resulted from runs on deposits. Shares of regional banks and Schwab fell not necessarily because investors feared more failures, but because of rising funding costs.

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