As of April 7, 2017, AdvisorShares Trust - AdvisorShares Athena High Dividend ETF has gone out of business. AdvisorShares Trust - AdvisorShares Athena High Dividend ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. It is co-managed by AthenaInvest Advisors, LLC. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in the high dividend-yielding stocks of companies across all market capitalizations. It employs quantitative analysis focusing on factors such as behavior-driven market barometers, security’s current ranking versus alternative securities not currently in the portfolio, recent corporate actions that may or already have impacted the ability for the security to maintain or increase its dividend, reduced or complete elimination of dividend payment, and changes in equity market expected return readings to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country World Index. It employs in-house research to create its portfolio. AdvisorShares Trust - AdvisorShares Athena High Dividend ETF was formed on July 29, 2014 and is domiciled in the United States.