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First Trust Dividend and Income FundFirst Trust Active Dividend Income Fund (FAV)

  • Michael Bryant | Send Message 30 Sep 2011

    Closed-end funds may be good investment if you can buy at a discount to FAV. But like ETFs, you pay a fee, too.
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      FAV vs. ETF Alternatives
      Company Description
      The Fund invests at least 80% of its managed assets in a diversified portfolio of dividend-paying multi-cap equity securities, debt securities and senior, secured floating rate loans. It may invest up to 25% of its managed assets in U.S. dollar-denominated