First Trust Morningstar Dividend Leaders Index Fund (FDL)
| Assets | $3.96B |
| Expense Ratio | 0.45% |
| PE Ratio | 12.66 |
| Shares Out | 104.50M |
| Dividend (ttm) | $1.67 |
| Dividend Yield | 4.44% |
| Ex-Dividend Date | Mar 21, 2024 |
| Payout Ratio | 56.16% |
| 1-Year Return | +5.44% |
| Volume | 709,487 |
| Open | 37.65 |
| Previous Close | 37.96 |
| Day's Range | 37.30 - 37.88 |
| 52-Week Low | 31.47 |
| 52-Week High | 38.54 |
| Beta | 0.70 |
| Holdings | 92 |
| 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
58.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Chevron Corporation | CVX | 10.08% |
| Verizon Communications Inc. | VZ | 8.46% |
| AbbVie Inc. | ABBV | 7.80% |
| Pfizer Inc. | PFE | 6.98% |
| Philip Morris International Inc. | PM | 6.58% |
| Altria Group, Inc. | MO | 5.45% |
| International Business Machines Corporation | IBM | 4.28% |
| Citigroup Inc. | C | 3.35% |
| Pioneer Natural Resources Company | PXD | 2.60% |
| 3M Company | MMM | 2.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 21, 2024 | $0.332 | Mar 28, 2024 |
| Dec 22, 2023 | $0.5172 | Dec 29, 2023 |
| Sep 22, 2023 | $0.3611 | Sep 29, 2023 |
| Jun 27, 2023 | $0.4568 | Jun 30, 2023 |
| Mar 24, 2023 | $0.3097 | Mar 31, 2023 |
| Dec 23, 2022 | $0.3891 | Dec 30, 2022 |
News
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The shakeup in holdings impacts stock exposure and performance going forward.
The First Trust Morningstar Dividend Leaders Index Fund ETF's Holdings Imply 11% Gain Potential
For the First Trust Morningstar Dividend Leaders Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.20 per unit.
The First Trust Morningstar Dividend Leaders Index Fund ETF's Holdings Imply 10% Gain Potential
For the First Trust Morningstar Dividend Leaders Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.38 per unit.
The Math Shows The First Trust Morningstar Dividend Leaders Index Fund ETF Can Go To $34
For the First Trust Morningstar Dividend Leaders Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $34.46 per unit.