TDIV - NASDAQ Technology Dividend Index Fund Fact Sheet
TDIV Tracks This Index: NASDAQ Technology Dividend Index
Description: The Index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. To be selected for the Index, a company must be classified as a Technology or Telecommunications company under the Industry Classification Benchmark (“ICB”) and have a minimum market capitalization of $500 million. International securities included in the Index are U.S.-listed securities of non-U.S. companies, some of which may be located in emerging markets. At each quarter, the Index is rebalanced such that the Technology securities are given a collective weight of 80% and the Telecommunications securities are given a collective weight of 20%.
Description: The Index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. To be selected for the Index, a company must be classified as a Technology or Telecommunications company under the Industry Classification Benchmark (“ICB”) and have a minimum market capitalization of $500 million. International securities included in the Index are U.S.-listed securities of non-U.S. companies, some of which may be located in emerging markets. At each quarter, the Index is rebalanced such that the Technology securities are given a collective weight of 80% and the Telecommunications securities are given a collective weight of 20%.
- Issuer: First Trust
- Structure: ETF
- Expense Ratio: 0.50%
- ETFdb Category: Technology Equities
- ETF Home Page: TDIV
- Inception: 2012-08-14
- Tax Form: 1099
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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