The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified.
Frequently asked questions
What is the First Trust Morningstar Dividend Leaders Index Fund (FDL) expense ratio?
The First Trust Morningstar Dividend Leaders Index Fund funds expense ratio is 0.45%.
What is First Trust Morningstar Dividend Leaders Index Fund (FDL) current stock price?
As of the latest data, First Trust Morningstar Dividend Leaders Index Fund stock price is $52.81, with a previous close of $52.11. First Trust Morningstar Dividend Leaders Index Fund gained $0.70 in the last trading session, representing a 1.34% increase.
Does First Trust Morningstar Dividend Leaders Index Fund (FDL) pay dividends?
Yes. First Trust Morningstar Dividend Leaders Index Fund pays quarterly dividends with an annualized yield of 3.5% and an estimated annual payout of $1.85 per share.
