FDL First Trust Morningstar Dividend Leaders Index Fund
What is FDL?
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 greater dividend yield by building its portfolio on the basis of historical yield performance and the ability to sustain dividend payments. 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. Eligible securities are ranked by dividend yield and the top 100 securities are selected for index inclusion. Its weighting scheme is also dividend dollar-weighted. Adjustments occur so that each security has a maximum weight of 10% and those securities weighing more than 5% do not collectively exceed 50% of the entire portfolio. This approach causes FDL to diverge from its Base Index. The Index undergoes quarterly rebalance and annual reconstitution.
FDL Summary Data
FDL Portfolio Data
FDL Index Data
FDL Portfolio Management
FDL Tax Exposures
FDL Fund Structure
FDL Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FDL Top 10 Holdings[View All]
FDL Economic Development
FDL Performance Statistics
FDL Benchmark Comparison Summary
FDL Benchmark Comparison Market Cap Size