First Trust Value Line Dividend Index Fund FVD

First Trust Value Line Dividend Index Fund provides exposure to companies with a higher than average dividend yield listed on US stock exchanges. Managed by First Trust Advisors, this ETF was established in 2003.

The First Trust Value Line Dividend Index Fund’s primary goal is to provide investment results that replicate the performance of Value Line Dividend Index. This index includes US-listed stocks deemed to be relatively safe investments that have higher than average dividend yields according to the S&P500’s composite stock price index. The fund will invest at least 90% of its assets in companies listed in the index. The base currency of this fund is USD.

Listed on the NYSE Arca, stock for the First Trust Value Line Dividend Index Fund is available under the ticker FVD. As of 6 September 2022, this ETF had total net assets of $12.05bn and held 196 investments. This fund includes stocks primarily in the utilities, industrials, consumer staples, financials and information technology sectors. As of 6 September 2022, some of the fund’s top holdings included Lancaster Colony, Erie Indemnity, Novo Nordisk, PNM Resources, Sempra Energy, The J.M. Smucker Company, Altria Group, American Electric Power Company, Archer-Daniels-Midland and Atmos Energy.

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