FDDFirst Trust Stoxx European Select Dividend Index Fund
FDD Fund Description
FDD tracks a dividend-weighted index of 30 high-dividend-yielding stocks selected from the STOXX Europe 600 Index.
FDD Factset Analytics Insight
FDD offers a concentrated take on the European high-dividend space. The underlying index picks 30 stocks from the STOXX Europe 600—a broad total market Europe equity index. Selected names should have at least five years of steady dividend growth and a dividend payout ratio of 60% or less. The resulting 30 names in the basket are then weighted by dividends paid in the last twelve months, with security weights capped at 15%. This methodology can result in some surprising under- and overweights, and skews away from a market-like portfolio. However, FDD offers a unique approach targeted toward dividend-hungry investors. The index is reconstituted and rebalanced annually.
FDD MSCI ESG Analytics Insight
First Trust Stoxx European Select Dividend Index Fund has an MSCI ESG Fund Rating of AA based on a score of 9.35 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Stoxx European Select Dividend Index Fund ranks in the 98th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FDD Summary Data
FDD Portfolio Data
FDD Index Data
FDD Portfolio Management
FDD Tax Exposures
FDD Fund Structure
FDD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FDD. FDD is rated a 4 out of 5.
FDD Sector/Industry Breakdown
FDD Top 10 Holdings[View All]
FDD Economic Development
FDD Performance Statistics
FDD MSCI ESG Ratings
FDD Benchmark Comparison Summary
FDD Benchmark Comparison Market Cap Size