FDD
First Trust STOXX European Select Dividend Income Fund
📎 Investment Objective
The First Trust STOXX European Select Dividend Income Fund (FDD) seeks to provide investment results that correspond generally to the price and yield performance of the STOXX Europe Select Dividend 30 Index, which is designed to provide exposure to high dividend-yielding European companies.
Overview
ETF tracking First Trust STOXX European Select Dividend Income Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust STOXX European Select Dividend Income Fund (FDD) seeks to provide investment results that correspond generally to the price and yield performance of the STOXX Europe Select Dividend 30 Index, which is designed to provide exposure to high dividend-yielding European companies.
🎯 Investment Strategy
The fund invests in a portfolio of European stocks that are selected based on a high dividend yield and sustainable dividend payments. The portfolio is diversified across multiple sectors and countries to provide broad exposure to the European dividend-paying equity market.
✨ Key Features
- Focuses on high-dividend European stocks to generate income
- Tracks the STOXX Europe Select Dividend 30 Index, providing broad European market exposure
- Diversified portfolio across sectors and countries
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to European equity market risk, including currency fluctuations
- Concentration in dividend-paying stocks, which may underperform the broader market during certain periods
- Potential for lower liquidity compared to larger, more established ETFs
- Risks associated with investing in international markets, such as political and economic instability
👤 Best For
This ETF may be suitable for investors seeking exposure to high-dividend European equities as part of a diversified portfolio. It could be particularly appealing to income-oriented investors looking to generate a steady stream of dividends from their investments. However, investors should be comfortable with the risks associated with European equity markets and international investing.