FDLFirst Trust Morningstar Dividend Leaders Index Fund

Grow my money Get income20y track recordRanked #175 of 1,622 in this goal

Seeks investment results that correspond generally to the price and yield of the Morningstar Dividend Leaders Index.

By First Trust · Launched 2006

Annual Cost

0.43%

#2,147 of 5,562 · average

Fund Size

$7.4B

#339 of 5,562 · large

Return (1Y)Goal

+21.7%

Track Record

20 years

#276 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,676+16.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index tracking

Factor

Dividend

Focus

ESG

Index tracked

Morningstar Dividend Leaders Index

What it actually holds

By weight

Concentration

Top 10 holdings = 57.1% of fundmoderately concentrated

Exxon Mobil Corp

10.2%

Chevron Corp

8.4%

Verizon Communications Inc

7.4%

Pfizer Inc

6.1%

Merck & Co Inc

5.5%

PepsiCo Inc

4.9%

Altria Group Inc

4.5%

Comcast Corp

3.5%

Bristol-Myers Squibb Co

3.4%

United Parcel Service Inc

3.2%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Energy

25.6%

Healthcare

17.6%

Financial Services

15.2%

Consumer Defensive

14.4%

Communication

10.6%

Utilities

6.5%

Consumer Cyclical

4.7%

Industrials

3.9%

Other

1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.5%Moderate

Year-on-year price swings

Max drawdown

-41.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.03Strong risk-adjusted returns

Sortino (3Y)

1.49Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield of the Morningstar Dividend Leaders Index.
Strategy: Invests primarily in securities that comprise the Morningstar Dividend Leaders Index, targeting the 100 highest-yielding stocks from the Morningstar Dividend Composite Index. The Fund uses an indexing approach to replicate the Index's performance, which is based on consistent dividend payments and sustainability. The Index is rebalanced quarterly and reconstituted annually, with the Fund adjusting its portfolio accordingly to reflect changes in the Index.
Inception date: March 9, 2006
Fund family: First Trust