First Trust Morningstar Dividend Leaders Index Fund
FDL
$37.87
$0.370.99%
Rating
Fund Information
ETF
Services Offered
None
Top Holdings
Similar ETFs
Company Information
First Trust Advisors L.P.
Jon C. Erickson (18), Daniel J. Lindquist (18), David G. McGarel (18), 4 others
First Trust Advisors L.P.
120 E. Liberty Dr
Wheaton IL - 60187
120 E. Liberty Dr
Wheaton IL - 60187
United States
866-848-9727
Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar® Dividend Leaders IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified.