Here are the top 3 holdings in this ASX small-cap dividend fund

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The VanEck Vectors Small Companies Masters ETF (ASX:MVS) invests in ASX small-cap dividend paying shares, with real diversification across both securities and sectors.

The ETF had an excellent May, rising 3.6 per cent for the month, although this lagged the 3.7 per cent gain in its benchmark S&P/ASX All Ordinaries index over the same period.

Zooming out a little, and including dividends, the ETF has returned 9.5 per cent per annum over the last three years, again lagging the 11.6 per cent gain in its benchmark over that three year period.

As ever, it remains tough for fund managers, ETFs, individual investors and SMSF investors to out-perform the returns of the index.

As at the end of May, the ETF’s top holdings were as follows…

DuluxGroup

The DuluxGroup Limited (ASX:DLX) share price has gained 6.6 per cent over the past 12 months, trading today at $7.63.

Last month, DuluxGroup shares jumped higher after the paint group reported first half profits rose 9 per cent to $79.2 million, with Dulux lifting its interim fully franked dividend by 7.7 per cent to 14 cents per share.

Dulux managing director Patrick Houlihan said the the core existing home renovation markets, which account for approximately two thirds of DuluxGroup revenue, are expected to continue providing resilient, profitable growth.

Dulux shares trade on a fully franked dividend yield of 3.6 per cent.

Oz Minerals

The OZ Minerals Limited (ASX:OZL) share price has gained almost 43 per cent over the past 12 months, trading today at $10.08.

Australia’s leading copper miner, OZ Minerals shares have been a beneficiary of rising copper prices courtesy of synchronised growth in the global economy. The company has no debt and a cash balance of $646 million.

OZ Minerals shares trade on a fully franked dividend yield of 2.0 per cent.

Altium

The Altium Limited (ASX:ALU) share price has gained over 150 per cent over the past 12 months, trading today at $23.25.

The company’s popular software, Altium Designer, allows users to design the printed circuit boards (PCB) that are found in the majority of Internet of Things (IoT) devices.

In February, Altium shares soared 27 per cent higher on the day the leading ASX tech stock reported first half profits soared over 50 per cent higher.

Altium shares trade on a dividend yield of 1.1 per cent. 

Here’s how you can strike it rich in the share market…

The best way to strike it rich in the share market is to buy shares that are not only cheap, but growing quickly.

Combining countless hours of research with over 30 years of hands-on stock market investing experience, The Capital Club’s founder Bruce Jackson has just published his definitive list of 3 Cheap and Good ASX Stocks for 2018.

Best of all, the report is absolutely free, exclusively for readers of The Capital Club.

In this comprehensive free report, you’ll find the name of one ASX gold stock that’s not only profitable, but trading at less than 4 times forecast profits.

You’ll also discover the name of a company one fund manager has called the cheapest stock in the ASX 100, and you’ll read about the three catalysts that could push the share price higher in the next six months.

Finally, the report names one of the cheapest retailers trading on the ASX, a company that just picked up the assets of a distressed competitor on the cheap, paying just 2 times earnings. No wonder one top fund manager thinks its share price could at least double.

With the share prices of each of these 3 companies having the potential to double or more, you’ll want to act now. Simply click here or the button below, enter your email address, and this free report will be instantly sent to you.

See the 3 stocks

Contributors to this article may own shares in some of the companies mentioned in this article. The Capital Club has a thorough disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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Bruce Jackson has 30 years of hands on investing experience. He is passionate about stock market investing, running his own portfolio and SMSF. His focus is on small cap growth stocks. You can contact Bruce at brucej@thecapitalclub.com.au