FDL
·ARCA
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Key Stats
Assets Under Management
6.10BUSD
Fund Flows (1Y)
1.22BUSD
Dividend Yield
4.05%
Discount/Premium to NAV
0.02%
Shares Outstanding
137.65M
Expense Ratio
0.43%
About First Trust Morningstar Dividend Leaders Index Fund
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Mar 9, 2006
Structure
Open-Ended Fund
Index Tracked
Morningstar Dividend Leaders Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
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.
Classification
Asset Class
Equity
Category
High Dividend Yield
Focus
High Dividend Yield
Niche
Broad-based
Strategy
Fundamental
Geography
U.S.
Weighting Scheme
Dividends
Selection Criteria
Fundamental
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +2.13% | +0.82% | +9.31% | +8.18% | +21.66% | +46.78% |
NAV Total Return | +2.31% | +2.22% | +14.28% | +10.87% | +35.99% | +83.84% |
Ratings
No data is currently available
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Holdings Analysis
Sector
Energy
26.60%
Healthcare
18.66%
Financial Services
14.43%
Consumer Defensive
14.07%
Communication Services
10.11%
Utilities
7.07%
Consumer Cyclical
3.96%
Industrials
3.88%
Technology
0.87%
Energy
26.60%
Healthcare
18.66%
Financial Services
14.43%
Consumer Defensive
14.07%
Communication Services
10.11%
Utilities
7.07%
Consumer Cyclical
3.96%
Industrials
3.88%
Technology
0.87%
Show more
Asset
Region
98.72%
1.22%
0.06%
Category
Ratio
North America
98.72%
Europe
1.22%
Latin America
0.06%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Blend
Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.
Top 10 Holdings
Symbol
Ratio
XOM
Exxon Mobil
10.24%
CVX
Chevron
7.91%
VZ
Verizon
6.87%
PFE
Pfizer
6.48%
MRK
Merck
5.89%
PEP
Pepsico
5.29%
MO
Altria Group
3.95%
BMY
Bristol-Myers Squibb
3.75%
UPS
United Parcel
3.63%
CMCSA
Comcast
2.75%
Top 10 Weight 56.76%
99 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.424 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.458 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.357 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.490 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.388 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.485 |
| 2024-03-21 | 2024-03-22 | 2024-03-28 | 0.332 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
