FVD

First Trust Value Line Dividend Index Fund
*Unless otherwise stated, data provided by FactSet.

FVD Fund Description

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.

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.

PERFORMANCE [as of 05/16/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FVD -4.62% -2.16% -6.44% 1.05% 8.97% 9.17% 11.97%
FVD (NAV) -5.82% -2.06% -6.32% 1.16% 9.00% 9.18% 11.98%
Value Line Dividend -- -1.43% -5.63% 2.39% 10.09% 10.17% 12.94%
MSCI USA IMI High Yield Dividend Index -- -3.39% -5.20% 0.63% 9.56% 9.73% 12.17%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FVD Summary Data

First Trust
12/18/06
Open-Ended Fund
0.67%
$12.29B
$68.93M
0.02%
VYM, SDY, DVY, PEY, DHS

FVD Portfolio Data

$73.21B
19.40
2.91
1.44%
N/A
207

FVD Index Data

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

FVD Portfolio Management

0.67%
-1.04%
-0.84%
-1.41%

FVD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FVD Fund Structure

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

FVD Factset Analytics Block Liquidity

As of 05/18/22
5
4
3
2
1

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

1,693,054
$68.93M
1,488,846
$61.52M
0.02%
$0.01
0.03%
0.13% / -1.26%
None
100.00%
50,000
29.78
0.02%
0.02%
195
$40.28
5

FVD Sector/Industry Breakdown


FVD
Segment Benchmark
19.19%
--
17.72%
--
11.43%
--
9.07%
--
7.42%
--
7.27%
--
6.09%
--
5.37%
--
2.93%
--
2.89%
--

FVD Top 10 Holdings[View All]

Avnet, Inc. 0.60%
AT&T Inc. 0.52%
5.40%

FVD Countries


FVD
Segment Benchmark
86.48%
100.00%
6.71%
--
1.98%
--
0.99%
--
0.97%
--
0.93%
--
0.49%
--
0.49%
--
0.49%
--
0.47%
--

FVD Regions


FVD
Segment Benchmark
93.19%
100.00%
4.87%
--
1.94%
--

FVD Economic Development


FVD
Segment Benchmark
99.51%
100.00%
0.49%
--

FVD Performance Statistics

0.93
0.89
0.91
0.91
0.23%
MSCI USA IMI High Yield Dividend Index

FVD Benchmark Comparison Holdings

207
447
118
33.45%

FVD Benchmark Comparison Summary


FVD
Segment Benchmark
207
447
$73.21B
$156.99B
19.40
16.20
2.91
2.98
2.47%
2.73%
Low
Low

FVD Benchmark Comparison Market Cap Size


FVD
Segment Benchmark
74.82%
92.15%
23.73%
6.38%
1.45%
1.37%
0.00%
0.10%