The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index consists of 30 high dividend-yielding securities selected from the STOXX ® Europe 600 Index. In addition, a security must be issued by a company with a non-negative five-year dividend-per-share growth rate and a dividend-to-earnings ratio of 60% or less.
Frequently asked questions
What is the First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund (FDD) expense ratio?
The First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund funds expense ratio is 0.59%.
What is First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund (FDD) current stock price?
As of the latest data, First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund stock price is $20.10, with a previous close of $20.49. First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund lost -$0.39 in the last trading session, representing a -1.9% loss.
Does First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund (FDD) pay dividends?
Yes. First Trust Exchange-Traded Fund II - First Trust STOXX European Select Dividend Index Fund pays quarterly dividends with an annualized yield of 5.01% and an estimated annual payout of $1.01 per share.