FDL

📎 Investment Objective

The First Trust Morningstar Dividend Leaders Index Fund (FDL) seeks to track the performance of the Morningstar Dividend Leaders Index, which is designed to provide exposure to high-yielding, large-capitalization U.S. companies with a history of consistent dividend payments.

✨ Key Features

• Focuses on large-cap U.S. stocks with a history of consistent dividend payments
• Seeks to provide exposure to high-yielding dividend stocks
• Tracks the Morningstar Dividend Leaders Index, which is rebalanced quarterly
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Equity market risk: The value of the fund's holdings may decline due to general stock market conditions
• Dividend-paying stock risk: Companies that have historically paid dividends may decide to reduce or eliminate their dividends, negatively impacting the fund's performance
• Concentration risk: The fund's performance may be more volatile due to its focus on a limited number of stocks
• Liquidity risk: The fund may have difficulty selling certain holdings, which could adversely affect its performance

👤 Best For

This ETF may be suitable for investors seeking exposure to high-yielding, large-cap U.S. stocks with a focus on consistent dividend payments. It may be particularly appealing to investors looking to generate income from their investments or to complement a broader portfolio. However, investors should be aware of the risks associated with equity investments and the potential for volatility in the fund's performance.