FDL

First Trust Morningstar Dividend Leaders Index Fund
CLOSING PRICECHANGE (%)VOLUME
$28.78-0.04 (-0.14%)447.17K
4:00:00 p.m. (ET) 03/24/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

A

77
as of 03/24/17

Rating Details

91
99
77
Segment Average
  • Overview
  • Efficiency
  • Tradability
  • Fit

FDL Fund Description

The First Trust Morningstar Dividend Leaders ETF tracks a dividend-weighted index of US companies with consistent and sustained dividend payments. The fund holds roughly 100 securities and excludes REITs.

FDL FactSet Analytics Insight

FDL tries to generate a juicy dividend yieldtends to under-weight the tech sector by building its portfolio on the basis of historical yield performance. Its rule set requires a company's current dividend to be higher than it was five years ago, and less than its forward EPS estimates. The index chooses the 100 highest-yielding firms, and weights them by the dollar value of dividend payments. This approach causes FDL to diverge from our neutral benchmark, and it especially tends to under-weight the tech sector, where companies have not established a long track-record of dividends. It also excludes REITs, which may suit investors who are bearish on real estate, while making big bets on traditional dividend paying sectors like utilities and consumer cyclicals. Boasting excellent onscreen and underlying liquidity, FDL trades easily for investors at a retail or institutional level. Its expense ratio is above-average for its segment, but the fund tends to track well.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FDL Top 10 Countries

FDL Top 10 Sectors

FDL Top 10 Holdings View All

FDL Summary Data

03/09/06
Open-Ended Fund
0.45%
$1.78 B
$9.13 M
0.04%

FDL Portfolio Data

$138.68 B
20.00
3.28
2.23%
03/23/17
96

FDL Index Data

Morningstar Dividend Leaders Index
Dividend
Fundamental
MSCI USA IMI High Yield Dividend

Related ETFs to FDL

HDV, SCHD, RDIV, WBIY, ELKU
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FDL Portfolio Management

0.45%
-0.63%
-0.53%
-0.75%

FDL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FDL Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5528.76100
15:59:3028.76100
15:59:3028.76100
15:59:0528.75500
15:59:0128.75100
15:59:0128.75100
15:59:0128.75100
15:59:0028.76100
15:58:4628.76600
15:58:4628.76400
Bats BZX Real-time Quote - 23:59:59
Average Spread
Premium/Discount
Volume

FDL FactSet Analytics Block Liquidity

As of 03/24/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FDL. FDL is rated a 5 out of 5.

FDL Tradability

319,521
$9.13 M
238,359
$6.84 M
0.04%
$0.01
0.02%
0.09% / -0.11%
None
100.00%
50,000
4.77
0.03%
0.01%
1
$28.82
5

FDL Performance Statistics

0.86
0.93
0.91
0.99
0.23%
MSCI USA IMI High Yield Dividend