First Trust Morningstar Dividend Leaders Index Fund
The First Trust Morningstar Dividend Leaders Index Fund (Ticker: FDL) is a distinguished exchange-traded fund that stands at the forefront of high-yield investment opportunities. This ETF is meticulously designed for investors seeking consistent income through dividends, primarily focusing on high dividend yield stocks. By concentrating on industry leaders known for their robust dividend payouts, FDL offers a compelling blend of income generation and potential for capital appreciation.
Operating in the high dividend yield category, FDL is particularly attractive to those who prioritize income as a fundamental component of their investment strategy. The fund's niche is broad-based, allowing investors to diversify across a wide array of sectors while still concentrating on top dividend performers. This strategic diversification ensures a balanced exposure to high-quality companies, reducing individual stock risk and enhancing the stability of returns.
FDL tracks the Morningstar Dividend Leaders Index, which rigorously selects companies with strong dividend histories, ensuring that only the most reliable dividend payers are included in the portfolio. This focus not only provides investors with a steady income stream but also aligns with the potential for growth in long-term value, making FDL an ideal choice for both income-oriented and growth-conscious investors.
Asset Class
Equity
Region
North America
Issuer
First Trust
Index Tracked
Morningstar Dividend Leaders Index
Ticker Symbol
FDL
First Trust Morningstar Dividend Leaders Index Fund (FDL) Fund Flow Chart
First Trust Morningstar Dividend Leaders Index Fund (FDL) 1 year Net Flows: $122M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.