FDL

First Trust Morningstar Dividend Leaders Index Fund
LAST TRADECHANGE (%)VOLUME
$29.01+0.06 (0.19%)49.30K
11:08:56 a.m. (ET) 02/23/2017
BID SIZEBID ($)ASK ($)ASK SIZE
15,80029.0029.0111,900

Overall Rating

A

74
as of 02/22/17

Rating Details

91
99
74
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%
$1.76 B
$11.06 M
0.04%

FDL Portfolio Data

$135.24 B
18.92
3.06
2.82%
03/23/17
97

FDL Index Data

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

Related ETFs to FDL

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

FDL Portfolio Management

0.45%
-0.63%
-0.48%
-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
ASKS4,20029.05
9,00029.04
9,70029.03
10,60029.02
11,90029.01
BIDS15,80029.00
16,90028.99
16,40028.98
9,50028.97
8,70028.96
LAST 10 TRADES
TIMEPRICESHARES
11:08:5629.01200
11:07:3429.01300
10:56:4829.00300
10:52:1729.02100
10:46:1829.00200
10:38:3729.01125
10:33:3129.01257
10:15:3529.0166
10:09:0229.02100
10:09:0229.02300
Bats BZX Real-time Quote - 11:18:04
Average Spread
Premium/Discount
Volume

FDL FactSet Analytics Block Liquidity

As of 02/22/17
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

394,268
$11.06 M
288,702
$8.17 M
0.04%
$0.01
0.02%
0.09% / -0.11%
None
100.00%
50,000
5.77
0.03%
0.01%
1
$28.95
5

FDL Performance Statistics

0.85
0.91
0.86
0.98
0.26%
MSCI USA IMI High Yield Dividend