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.

FVD MSCI ESG Analytics Insight

First Trust Value Line Dividend Index Fund has an MSCI ESG Fund Rating of AA based on a score of 7.44 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 Value Line Dividend Index Fund ranks in the 82nd percentile within its peer group and in the 96th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FVD 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.

PERFORMANCE [as of 08/03/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FVD 1.17% 3.28% 16.69% 30.29% 10.11% 8.95% 10.60%
FVD (NAV) 2.00% 3.36% 17.53% 31.39% 10.15% 9.15% 10.66%
Value Line Dividend (TR) 2.07% 3.56% 18.08% 33.27% 12.60% 11.90% 13.96%
MSCI USA IMI High Yield Dividend Index 1.39% 2.30% 17.00% 33.04% 10.43% 11.89% 13.33%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FVD Summary Data

First Trust
08/19/03
Open-Ended Fund
0.70%
$12.06B
$28.34M
0.03%

FVD Portfolio Data

$75.55B
22.40
2.91
1.36%
N/A
202

FVD Index Data

Value Line Dividend (TR)
Equal
Dividends
MSCI USA IMI High Yield Dividend Index

FVD Portfolio Management

0.70%
-1.86%
-0.93%
-2.77%

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 08/04/21
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

705,319
$28.34M
682,621
$27.12M
0.03%
$0.01
0.03%
0.13% / -0.16%
None
100.00%
50,000
13.65
0.02%
0.02%
130
$40.86
5

FVD Sector/Industry Breakdown


FVD
Segment Benchmark
20.03%
22.92%
18.47%
7.86%
18.07%
8.34%
11.41%
14.53%
11.01%
16.79%
9.50%
11.41%
4.52%
9.22%
3.94%
3.50%
2.48%
4.01%
0.49%
1.16%

FVD Countries


FVD
Segment Benchmark
85.71%
100.00%
7.37%
--
1.98%
--
0.99%
--
0.98%
--
0.96%
--
0.51%
--
0.50%
--
0.50%
--
0.49%
--

FVD Regions


FVD
Segment Benchmark
93.08%
100.00%
4.95%
--
1.97%
--

FVD Economic Development


FVD
Segment Benchmark
99.50%
100.00%
0.50%
--

FVD Performance Statistics

0.93
0.89
0.92
0.92
0.24%
MSCI USA IMI High Yield Dividend Index

FVD MSCI ESG Ratings

7.44 / 10
95.57
81.83
9.83%
6.34%
567.34

FVD Benchmark Comparison Holdings

202
409
115
33.19%

FVD Benchmark Comparison Summary


FVD
Segment Benchmark
202
409
$75.55B
$162.80B
22.40
20.90
2.91
3.09
2.49%
2.73%
Low
Low

FVD Benchmark Comparison Market Cap Size


FVD
Segment Benchmark
76.08%
91.67%
22.92%
6.91%
1.00%
1.31%
0.00%
0.10%