FDL

First Trust Morningstar Dividend Leaders Index Fund
A

68
  • 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 yield 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.

FDL MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 19, 2017 the First Trust Morningstar Dividend Leaders Index Fund MSCI ESG Fund Quality Score is 4.86 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FDL ranks in the 35th percentile within its peer group and in the 30th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 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

First Trust
03/09/06
Open-Ended Fund
0.45%
$1.66B
$5.13M
0.04%

FDL Portfolio Data

$162.95B
20.25
2.8
3.23%
12/21/17
98

FDL Index Data

Morningstar Dividend Leaders Index
Dividends
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%
-0.56%
-0.48%
-0.7%

FDL Tax Exposures

20% / 39.6%
--
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
ASKS----
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10031.34
BIDS10026.81
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 08:39:47
Daily Spread
Premium/Discount
Volume

FDL Factset Analytics Block Liquidity

As of 11/20/17
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

176,664
$5.13M
152,824
$4.44M
0.04%
$0.01
-0.01%
0.09% / -0.11%
None
100%
50,000
3.06
0.03%
0.01%
1
$28.89
5

FDL Sector/Industry BreakdownView All

FDLSegment Benchmark
16.78% 17.03%
5.82% 15.92%
15.57% 14.55%
8.62% 11.96%
8.17% 9.98%
15.56% 5.47%
6.86% 4.84%
14.98% 3.20%
2.35% 1.65%

FDL Geographic Exposure

FDLSegment Benchmark
100.00% 100.00%

FDLSegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

FDL Performance Statistics

0.77
0.94
0.85
0.93
0.21%
MSCI USA IMI High Yield Dividend

FDL MSCI ESG Ratings

4.86 / 10
34.94
29.52
22.31%
6.13%
577.94

FDL BENCHMARK COMPARISON

    FDL
    98 Holdings
    Segment Benchmark
    362 Constituents
    Shared Holdings
    89 (Count)
     
    38.16% (Weight)
FDLSegment Benchmark
162.95 B 162.95 B
91.09% 93.42%
7.05% 5.53%
1.72% 1.05%
0.15% 0.00%
2.89% 3.79%
Low High