What is FVD?

FVD tracks an equal-weighted index of dividend-paying companies. The index excludes companies with less than $1 billion in market cap, risky ranking and lower-than-average dividend yield.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FVD 4.18% 1.67% -4.30% 0.79% 6.77% 7.97% 11.46%
FVD (NAV) 4.17% 1.71% -4.23% 0.60% 6.78% 7.97% 11.47%
Value Line Dividend 4.24% 1.86% -3.62% 1.34% 7.66% 8.83% 12.36%
MSCI USA IMI High Yield Dividend Index 4.05% 5.09% -2.12% 2.07% 7.50% 8.12% 11.75%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FVD Factset Analytics Insight

FVD seeks to deliver better-than-average dividend yields via an equal-weighted portfolio of dividend-paying stocks. It builds this portfolio in two steps: first, it uses Value Line's proprietary 'safety rating' system to select low-beta stocks from companies with strong balance sheets, and then it chooses the stocks with above-average yields and weights them equally. Excluded companies are those with more risky ranking, less than $1 billion in market cap, and lower average dividend yield compared to that of the S&P 500. FVD’s equal-weighted approach results in a pronounced midcap tilt compared to its high-yield benchmark. The fund may carry slightly lower risk compared to its benchmark, but it doesn't necessarily succeed in delivering equal or better yields. The Index is rebalanced and reconstituted monthly. On December 14, 2020, the First Trust Value Line 100 ETF (ticker: FVL) merged into FVD. Assets from FVL stood at just under $37 million, with 1,589,982 shares outstanding.

FVD Summary Data

First Trust
12/18/06
0.67%
$12.62B
Value Line Dividend
MSCI USA IMI High Yield Dividend Index
Open-Ended Fund

Peers

MSCI USA IMI High Yield Dividend Index

Fund Flows

-$0.01B 5 Days
+$0.07B 30 Days
+$0.24B 90 Days

FVD Portfolio Data

$63.19B
16.93
2.59
1.94%
N/A
183

FVD Index Data

Value Line Dividend
Equal
Dividends
MSCI USA IMI High Yield Dividend Index

FVD Portfolio Management

0.67%
-0.78%
-0.63%
-1.00%

FVD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FVD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

This measurement shows how easy it is to trade a $1 million USD block of FVD. FVD is rated a 5 out of 5.

FVD Tradability

1,179,280
$44.57M
1,123,778
$41.96M
0.03%
$0.01
0.01%
0.12% / -0.18%
None
100.00%
50,000
22.48
0.02%
0.02%
56
$40.60
5

FVD Sector/Industry Breakdown

FVD Segment
Benchmark
21.07% --
17.50% --
14.90% --
6.81% --
6.73% --
6.70% --
5.06% --
3.96% --
2.85% --
2.84% --

FVD Performance Statistics

0.94
0.93
0.95
0.91
0.29%
MSCI USA IMI High Yield Dividend Index

FVD Countries

FVD Segment
Benchmark
87.06% 100.00%
7.55% --
1.62% --
1.08% --
0.56% --
0.55% --
0.54% --
0.53% --
0.50% --

FVD Regions

FVD Segment
Benchmark
94.61% 100.00%
3.81% --
1.58% --

FVD Economic Development

FVD Segment
Benchmark
98.96% 100.00%
1.04% 0.00%

FVD Benchmark Comparison Holdings

183
476
117
33.46%

FVD Benchmark Comparison Summary

FVD Segment
Benchmark
183 476
$63.19B $160.35B
16.93 13.50
2.59 2.83
2.85% 3.08%
Low Low

FVD Benchmark Comparison Market Cap Size

FVD Segment
Benchmark
72.36% 90.96%
25.85% 7.40%
1.65% 1.52%
0.00% 0.11%