Symbols

SDVY

First Trust SMID Cap Rising Dividend Achievers ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

10.65BUSD

Fund Flows (1Y)

963.34MUSD

Dividend Yield

1.18%

Discount/Premium to NAV

-0.02%

Shares Outstanding

251.15M

Expense Ratio

0.59%

About First Trust SMID Cap Rising Dividend Achievers ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=SDVY

Inception Date

Nov 1, 2017

Structure

Open-Ended Fund

Index Tracked

Nasdaq US Small Mid Cap 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

SDVY aims to curate a portfolio of 100 small- and mid-cap US companies with increasing dividends over the past five years. Holdings must also meet certain fundamental criteria, including a cash-to-debt ratio greater than 25%, a payout ratio no greater than 65%, and positive earnings. The resulting portfolio is then equal-weighed. SDVY looks to be a small- and mid-cap version of RDVY, which applies a similar methodology to the large-cap space. The index is rebalanced quarterly and reconstituted annually.