Seeking Alpha

First Trust Value Line Dividend ETF (FVD)

  • Tom Lydon | Send Message 25 Jun

    Income And Caution With This Dividend ETF $FVD
      • Matthew Sauer, Esq. | Send Message 28 Oct 2014

        First Trust Value Line Dividend ETF Plays It Safe $FVD
          • Morningstar | Send Message 17 Mar 2014

            High Quality, High Fees $FVD
              FVD Description
              The First Trust Value Line® Dividend Index Fund is an exchange-traded index fund. The objective of the fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of the Value Line® Dividend Index. The index begins with the universe of stocks that Value Line® gives a SafetyTM Ranking of #1 or #2 using the Value Line® SafetyTM Ranking System. All registered investment companies, limited partnerships and foreign securities not listed in the U.S. are removed from this universe. From those stocks, Value Line® selects those companies with a higher than average dividend yield, as compared to the indicated dividend yield of the Standard & Poor's 500 Composite Stock Price Index. Value Line® then eliminates those companies with an equity market capitalization of less than $1 billion. The index seeks to be equally weighted in each of the securities in the index. The index is rebalanced on the application of the above model on a monthly basis.
              See more details on sponsor's website
              Country: United States
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