First Trust Value Line® Dividend Index Fund
FVD
$40.78
-$0.13-0.32%
Rating
Fund Information
ETF
Services Offered
None
Top Holdings
Similar ETFs
Company Information
First Trust Advisors L.P.
Jon C. Erickson (20), David G. McGarel (20), Roger F. Testin (20), 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 Value Line® Dividend Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety™ Ranking System (the "Safety Ranking System") that are also still expected to provide above-average dividend yield.