FDL - Morningstar Dividend Leaders Index Fund Profile
FDL Tracks This Index: Morningstar Dividend Leaders Index
Description: The index is a modified market capitalization weighted index of publicly traded companies that have shown dividend consistency and dividend sustainability. Morningstar identifies a universe of eligible companies through the application of its proprietary multi-step screening process and selects the top 100 stocks, based on dividend yield, for the index.
Description: The index is a modified market capitalization weighted index of publicly traded companies that have shown dividend consistency and dividend sustainability. Morningstar identifies a universe of eligible companies through the application of its proprietary multi-step screening process and selects the top 100 stocks, based on dividend yield, for the index.
- Issuer: First Trust
- Expense Ratio: 0.45%
- ETFdb Category: Large Cap Value Equities
- ETF Home Page: FDL
- Inception: 2006-03-09
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