FVD

First Trust Value Line Dividend Fund

$45.91

+0.00%

Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The First Trust Value Line Dividend Fund (FVD) seeks to provide investment results that correspond generally to the price and yield performance of the Value Line Dividend Index, which is designed to track the performance of stocks with a history of increasing dividends.

Overview

ETF tracking First Trust Value Line Dividend Fund

Category Dividend

Issuer First Trust

Inception Date 2008-11-06

Market Cap $9.0B

Average Volume N/A

Dividend Yield 2.27%

52-Week Range $40.62 - $46.86

VWAP $45.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 90% of its net assets in the common stocks that comprise the Value Line Dividend Index. The index is composed of stocks that have a history of increasing dividends and are selected based on factors such as dividend yield, dividend growth, and financial strength.

✨ Key Features

Focuses on stocks with a history of increasing dividends
Seeks to track the performance of the Value Line Dividend Index
Diversified portfolio of large-cap and mid-cap U.S. stocks
Low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Dividend risk: Companies may reduce or eliminate their dividends, which could negatively impact the fund's performance
Concentration risk: The fund's performance may be more volatile due to its focus on dividend-paying stocks
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time or price

👤 Best For

The First Trust Value Line Dividend Fund may be suitable for investors seeking exposure to a diversified portfolio of dividend-paying stocks with a focus on companies with a history of increasing dividends. This fund may be appropriate for investors with a long-term investment horizon and a moderate risk tolerance.