First Trust Morningstar Dividend Leaders Index Fund (FDL)
| Assets | $4.55B |
| Expense Ratio | 0.45% |
| PE Ratio | 14.60 |
| Shares Out | 107.55M |
| Dividend (ttm) | $1.72 |
| Dividend Yield | 3.97% |
| Ex-Dividend Date | Sep 26, 2024 |
| Payout Ratio | 57.98% |
| 1-Year Return | +28.30% |
| Volume | 300,142 |
| Open | 42.94 |
| Previous Close | 42.83 |
| Day's Range | 42.94 - 43.37 |
| 52-Week Low | 33.83 |
| 52-Week High | 43.37 |
| Beta | 0.89 |
| Holdings | 101 |
| Inception Date | Mar 9, 2006 |
About FDL
Fund Home PageThe First Trust Morningstar Dividend Leaders Index Fund (FDL) is an exchange-traded fund that is based on the Morningstar Dividend Leaders index. The fund tracks a dividend-weighted index of US companies with consistent and sustained dividend payments. The fund holds roughly 100 securities and excludes REITs. FDL was launched on Mar 9, 2006 and is issued by First Trust.
Top 10 Holdings
53.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Chevron Corporation | CVX | 9.15% |
| Verizon Communications Inc. | VZ | 7.63% |
| AbbVie Inc. | ABBV | 6.68% |
| Philip Morris International Inc. | PM | 5.94% |
| Pfizer Inc. | PFE | 5.67% |
| Altria Group, Inc. | MO | 4.99% |
| International Business Machines Corporation | IBM | 4.44% |
| United Parcel Service, Inc. | UPS | 3.46% |
| Gilead Sciences, Inc. | GILD | 2.98% |
| U.S. Bancorp | USB | 2.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2024 | $0.388 | Sep 30, 2024 |
| Jun 27, 2024 | $0.485 | Jun 28, 2024 |
| Mar 21, 2024 | $0.332 | Mar 28, 2024 |
| Dec 22, 2023 | $0.517 | Dec 29, 2023 |
| Sep 22, 2023 | $0.361 | Sep 29, 2023 |
| Jun 27, 2023 | $0.457 | Jun 30, 2023 |
News
FDL: Dividend Growth ETF With Lackluster Return And Quality
First Trust Morningstar Dividend Leaders Index Fund (FDL) is invested in 100 stocks featuring high yields and dividend growth. FDL is well diversified across sectors, but quite concentrated in its top...
FDL: Dividend Aristocrats Are A Tired, Old Strategy
First Trust Morningstar Dividend Leaders Index Fund ETF is well-constructed, but passive dividend stock indexing has issues. FDL prioritizes dividend stability and growth, but market volatility and cy...
FDL: Yield And Valuation Are Attractive, But Not Quality
First Trust Morningstar Dividend Leaders Index Fund ETF holds 90 stocks of companies with higher yields and 5-year dividend growth. The FDL ETF is well diversified across sectors, but quite concentrat...
DGI ETF Investors: Don't Make These Common Mistakes When Screening
DGI investors buy companies with long histories of increasing dividend payments. The strategy works because it shifts investors' attention to regular income payments, meaning they'll stay invested for...
FDL: A Hard-To-Find, Respectable High Dividend ETF
S&P 500 dividend yield is at historical lows, as investors' focus has shifted toward growth stocks progressively over the past decade.
FDL Vs. SCHD: Which Is The Best Dividend ETF?
First Trust Morningstar Dividend Leaders Index Fund ETF holds 100 stocks with 5-year dividend growth and sustainable payout ratio. The fund is concentrated in financials and top holdings. Valuation lo...
FDL: By Investing In Core Sectors, It Generates Steady Yields And Impressive Returns
First Trust Morningstar Dividend Leaders Index Fund (FDL) is an ETF that invests in dividend-paying stocks of large-cap companies. FDL focuses on core sectors like financial, energy, and utilities, wi...
FDL: The Time May Be Here For Dividend Outperformance
Dividend stocks are currently outperforming and offer potential for momentum on a relative basis. The First Trust Morningstar Dividend Leaders Index Fund is worth considering for income-seeking invest...
FDL: Underperforming In 2023
First Trust Morningstar Dividend Leaders Index Fund ETF invests in 100 U.S. companies with sustainable dividends. The FDL ETF is diversified across sectors, but quite concentrated in the top holdings....
FDL: The Dividend Leaders In The ETF Might Not Meet Expectations
FDL: The Dividend Leaders In The ETF Might Not Meet Expectations.
Dividend Investing: Broader Is Better For Multi-Asset Strategies
Investing in dividend-paying stocks has proved to be a helpful strategy, outperforming global markets over the long term. Dividend income strategies play an important role for multi-asset income portf...
FDL: Portfolio Quality Has Improved
FDL holds 98 stocks with stable or increasing dividends. Energy and financials are its heaviest sectors.
FDL: More Concentrated Than It Looks, And I Like That
FDL is a solidly-constructed dividend ETF that is essentially a proponent of the Dividend Aristocrats approach to investing. This deceivingly-concentrated ETF (100 stocks, but 25 account for most of t...
U.S. Equity ETFs: The Best And Worst Of 2022
This article summarizes the performance of the entire U.S. equity market by examining 1Y, 3Y, 5Y, and 10Y returns for 850+ ETFs across 40 categories. Major indices declined, but investing in Energy, H...
FDL: An ETF Of Dividend Leaders Selected By Morningstar
The First Trust Morningstar Dividend Leaders ETF invests in companies that have maintained consistent and sustainable dividends with an eye toward total returns. The portfolio holds 100 companies and ...
FDL: 4% Yielding Dividend ETF With Energy Risks
FDL selects 100 high-yielding U.S. companies screened by Morningstar for dividend safety. June's reconstitution resulted in almost an entirely different portfolio. The listed dividend yield is 3.41%, ...
FDL: Best-Performing Dividend ETF Of 2022, Overweight Energy, 3.4% Yield
It has been a tough year for equity markets and funds. Stocks are down across the board, with few exceptions.
Dividend ETFs In The Spotlight
Some dividend-focused funds are notching positive returns while the broad market struggles.
FDL: A Perfect Hedge Against Looming Recession
The First Trust Morningstar Dividend Leaders Index ETF (FDL) is a good recession-proof and inflation-resistant pick. With its focus on dividend leaders in defensive sectors, the fund is able to outper...
May Dividend ETF Report: New Format, Plus My Top Picks For June
I've redesigned my monthly dividend ETF report to allow readers to download dozens of metrics for nearly 100 funds. You can quickly sort by key features like fees, AUM, dividend yield, dividend growth...
FDL: 3.50% Yield And Leading The High-Dividend Category, For Now
FDL holds 100 high-dividend stocks selected for dividend sustainability. It's an ultra-concentrated portfolio with high fees of 0.45%, but was the #1 high-dividend ETF in the last year. The current po...
December Dividend And Income ETF Report: The Ultimate Investors Guide
Each month, I give a broad overview of dividend and income-focused ETFs, selecting them from my growing database of about 750 funds. I've added a seventh category to this monthly series: risk manageme...
FDL: Still Not A Dream Dividend ETF After Portfolio Reshuffle
FDL is a $1.58 billion smart-beta fund following a passive investment strategy revolving around the most generous dividend payers in the United States. FDL was deeply recalibrated in June, with 43 hol...
3 Dividend ETFs Analysts Love (They Just Don't Know It Yet)
According to Seeking Alpha's ETF Screener, there are 31 pure U.S. Equity Dividend ETFs available with at least $100 million in AUM.
Investing Without Conviction: Why FDL Can Be Frustrating
The Morningstar Dividend Leaders Index has a habit of buying when it should be selling, and selling when it should be buying. In June 2020, it dropped all its Energy holdings at fire sale prices, only...