Symbols

RDVY

First Trust Rising Dividend Achievers ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

19.22BUSD

Fund Flows (1Y)

3.79BUSD

Dividend Yield

1.11%

Discount/Premium to NAV

0.03%

Shares Outstanding

274.10M

Expense Ratio

0.48%

About First Trust Rising Dividend Achievers ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=RDVY

Inception Date

Jan 6, 2014

Structure

Open-Ended Fund

Index Tracked

NASDAQ US Rising Dividend Achievers 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 Advisors LP

Distributor

First Trust Portfolios LP

RDVY holds 50 US large-cap stocks screened for dividend growth and quality. The fund seeks stable dividend payers, but not necessarily high yields. RDVY selects its holdings from the 1000 largest US-listed companies, excluding REITs. Firms must meet cash-to-debt and payout ratio thresholds to be eligible, and must have increased both dividends and earnings over the past few years. Eligible companies are ranked by a combination of recent dividend increases, current yield, and payout ratio, and the best 50 stocks are selected. RDVY is reconstituted each March and rebalanced quarterly. The portfolio is equally weighted. Prior to December 14, 2016, the fund traded as the First Trust NASDAQ Rising Dividend Achievers ETF.