First Trust Morningstar Dividend Leaders Index Fund (FDL)
#16
Best Fit Income Funds ETFs
U.S. News evaluated 68 Income Funds ETFs and 31 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
How we identify Best Fit Funds
| Best Fit Scorecard |
| Costs |
Good |
| Tracking Error |
Good |
| Bid/Ask Ratio |
Good |
| Holdings Diversity |
Typical |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM).
The fund will normally 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. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close |
— |
Expense Ratio |
0.45% |
| YTD Return |
15.6% |
Avg. 30-Day Volume |
237,437 |
| 1-Year Return |
18.0% |
Market Cap |
Loading... |
| Bid |
$21.14 |
Shares Outstanding |
29,250,000 |
| Ask |
$21.15 |
Dividends |
$0.73 |
| Top 10 Holdings |
| Johnson & Johnson (JNJ) |
10.15% |
| Verizon Communications Inc (VZ) |
9.75% |
| At&T Inc (T) |
9.30% |
| Merck & Co Inc New (MRK) |
8.91% |
| Conocophillips (COP) |
5.35% |
| Bristol Myers Squibb Co (BMY) |
4.40% |
| Duke Energy Corp New (DUK) |
3.26% |
| Lilly Eli & Co (LLY) |
2.87% |
| Exelon Corp (EXC) |
2.69% |
| Southern Co (SO) |
2.59% |
| % of Total Holdings |
59.30% |
Sector Breakdown
Geographic Breakdown
