The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety" Ranking System (the Safety Ranking System) that are also still expected to provide above-average dividend yield.
Frequently asked questions
What is the First Trust Value Line Dividend Index Fund (FVD) expense ratio?
The First Trust Value Line Dividend Index Fund funds expense ratio is 0.65%.
What is First Trust Value Line Dividend Index Fund (FVD) current stock price?
As of the latest data, First Trust Value Line Dividend Index Fund stock price is $48.48, with a previous close of $48.79. First Trust Value Line Dividend Index Fund lost -$0.31 in the last trading session, representing a -0.64% loss.
Does First Trust Value Line Dividend Index Fund (FVD) pay dividends?
Yes. First Trust Value Line Dividend Index Fund pays quarterly dividends with an annualized yield of 2.31% and an estimated annual payout of $1.12 per share.
