FDL

First Trust Morningstar Dividend Leaders Index Fund
*Unless otherwise stated, data provided by FactSet.

FDL Fund Description

FDL 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

First Trust Morningstar Dividend Leaders Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.59 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 Morningstar Dividend Leaders Index Fund ranks in the 29th percentile within its peer group and in the 14th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FDL 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.

FDL Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDL 5.36% 9.15% 22.39% 13.15% 10.52% 9.73% 13.10%
FDL (NAV) 8.26% 8.28% 22.34% 13.06% 10.64% 9.72% 13.31%
Morningstar Dividend Leaders TR USD -- -- -- -- -- -- 13.31%
MSCI USA IMI High Yield Dividend Index 3.63% 7.58% 19.27% 9.44% 11.85% 9.31% 12.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDL Summary Data

First Trust
03/09/06
Open-Ended Fund
0.45%
$1.80B
$5.22M
0.05%

FDL Portfolio Data

$138.91B
15.17
1.99
3.76%
12/13/19
101

FDL Index Data

Morningstar Dividend Leaders TR USD
Dividends
Fundamental
MSCI USA IMI High Yield Dividend Index

FDL Portfolio Management

0.45%
-0.52%
-0.36%
-0.61%

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
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FDL Factset Analytics Block Liquidity

As of 11/12/19
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

167,681
$5.22M
143,786
$4.36M
0.05%
$0.01
0.02%
0.35% / -0.08%
None
100.00%
50,000
2.88
0.03%
0.01%
34
$32.40
5

FDL Sector/Industry Breakdown


FDL
Segment Benchmark
21.87%
4.98%
17.20%
5.66%
12.44%
17.61%
11.87%
16.31%
8.27%
9.02%
7.95%
12.09%
7.90%
9.17%
6.86%
13.37%
3.21%
8.83%
2.43%
2.97%

FDL Countries


FDL
Segment Benchmark
100.00%
100.00%

FDL Regions


FDL
Segment Benchmark
100.00%
100.00%

FDL Economic Development


FDL
Segment Benchmark
100.00%
100.00%

FDL Performance Statistics

0.86
0.92
0.88
0.88
0.28%
MSCI USA IMI High Yield Dividend Index

FDL MSCI ESG Ratings

BBB
4.59 / 10
14.44
29.17
17.21%
4.61%
424.96

FDL Benchmark Comparison Holdings

101
394
84
28.50%

FDL Benchmark Comparison Summary


FDL
Segment Benchmark
101
394
$138.91B
$146.66B
15.17
17.82
1.99
2.79
4.74%
3.22%
High
Low

FDL Benchmark Comparison Market Cap Size


FDL
Segment Benchmark
91.87%
91.56%
7.23%
6.65%
0.89%
1.63%
0.00%
0.16%