First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index. The objective of the Index is to offer investors a benchmark for dividend portfolios, as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends, as well as the ability to sustain them. At the annual rebalance date each June, the Index consists of the top 100 stocks, based on dividend yield, of the securities listed on one of the three exchanges (the New York Stock Exchange, the NYSE Amex or NASDAQ) that have been selected through the application of Morningstar, Inc.'s multi-step screening process. The Fund's investment advisor is First Trust Advisors L.P.
Basic Details
Issuer First Trust
Fund NameFirst Trust Morningstar Dividend Leaders Index
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:FDL
Inception Date3/9/2006
Fund ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Phone+1-800-6211675
Fund Focus
Asset ClassEquity
BenchmarkMorningstar Dividend Leaders TR USD
CategoryStrategy
FocusHigh Dividend Yield
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.55 billion
Average Daily Volume$170,873.00
Discount/Premium1.10%
ETF Expenses
Management Fee0.30%
Other Expenses0.18%
Total Expenses0.48%
Fee Waiver-0.03%
Net Expenses0.45%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerRBC Capital Markets
First Trust Morningstar Divid Ledr (NYSEARCA:FDL) Frequently Asked Questions
What is First Trust Morningstar Divid Ledr's stock symbol?
First Trust Morningstar Divid Ledr trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FDL."
How often does First Trust Morningstar Divid Ledr pay dividends? What is the dividend yield for First Trust Morningstar Divid Ledr?
First Trust Morningstar Divid Ledr announced a quarterly dividend on Thursday, March 22nd. Investors of record on Friday, March 23rd will be paid a dividend of $0.2261 per share on Thursday, March 29th. This represents a $0.90 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Thursday, March 22nd. View First Trust Morningstar Divid Ledr's Dividend History.
Who are First Trust Morningstar Divid Ledr's key executives?
First Trust Morningstar Divid Ledr's management team includes the folowing people:
- James A. Bowen, Chairman of the Board of Trustees, President, Chief Executive Officer (Age 61)
- Mark R. Bradley, Chief Financial Officer, Chief Accounting Officer, Treasurer, Controller (Age 59)
- W. Scott Jardine Esq., Chief Compliance Officer, Secretary (Age 57)
- Kelley A. Christensen, Vice President (Age 42)
- Daniel J. Lindquist, Vice President (Age 47)
- Roger F. Testin, Vice President (Age 48)
- Stan Ueland, Vice President (Age 43)
- James M. Dykas, Assistant Treasurer (Age 51)
- Kristi A. Maher, Assistant Secretary (Age 50)
- Richard E. Erickson M.D., Trustee (Age 66)
Has First Trust Morningstar Divid Ledr been receiving favorable news coverage?
News coverage about FDL stock has been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Trust Morningstar Divid Ledr earned a news sentiment score of 0.07 on Accern's scale. They also gave news articles about the exchange traded fund an impact score of 45.67 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are First Trust Morningstar Divid Ledr's major shareholders?
First Trust Morningstar Divid Ledr's stock is owned by many different of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (3.02%), LPL Financial LLC (3.03%), UBS Group AG (2.58%), BB&T Securities LLC (1.95%), Royal Bank of Canada (1.15%) and Ladenburg Thalmann Financial Services Inc. (1.05%). View Institutional Ownership Trends for First Trust Morningstar Divid Ledr.
Which major investors are selling First Trust Morningstar Divid Ledr stock?
FDL stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Ladenburg Thalmann Financial Services Inc., UBS Group AG, Suntrust Banks Inc., Lara May & Associates LLC, Peak Capital Management LLC, Cambridge Investment Research Advisors Inc. and Financial Advocates Investment Management. View Insider Buying and Selling for First Trust Morningstar Divid Ledr.
Which major investors are buying First Trust Morningstar Divid Ledr stock?
FDL stock was bought by a variety of institutional investors in the last quarter, including BB&T Securities LLC, Private Advisor Group LLC, Royal Bank of Canada, LPL Financial LLC, Quad Cities Investment Group LLC, Lara May & Associates LLC, Stephens Inc. AR and JPMorgan Chase & Co.. View Insider Buying and Selling for First Trust Morningstar Divid Ledr.
How do I buy shares of First Trust Morningstar Divid Ledr?
Shares of FDL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Trust Morningstar Divid Ledr's stock price today?
One share of FDL stock can currently be purchased for approximately $28.6766.
How can I contact First Trust Morningstar Divid Ledr?
First Trust Morningstar Divid Ledr's mailing address is 120 East Liberty Drive Suite 400, Wheaton, 60187, United States. The exchange traded fund can be reached via phone at +1-800-6211675.
MarketBeat Community Rating for First Trust Morningstar Divid Ledr (FDL)
MarketBeat's community ratings are surveys of what our community members think about First Trust Morningstar Divid Ledr and other stocks. Vote "Outperform" if you believe FDL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FDL will underperform the S&P 500 over the long term. You may vote once every thirty days.
