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About First Trust Dow Jones STOXX Select Dividend 30 Index Fund
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Inception date
Aug 27, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FDD offers a concentrated take on the European high-dividend space. The underlying index picks 30 stocks from the STOXX Europe 600a broad total market Europe equity index. Selected names should have at least five years of steady dividend growth and a dividend payout ratio of 60% or less. The resulting 30 names in the basket are then weighted by dividends paid in the last twelve months, with security weights capped at 15%. This methodology can result in some surprising under- and overweights, and skews away from a market-like portfolio. However, FDD offers a unique approach targeted toward dividend-hungry investors. The index is reconstituted and rebalanced annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Stocks99.48%
Finance48.25%
Consumer Durables14.99%
Energy Minerals8.41%
Utilities5.80%
Communications5.76%
Non-Energy Minerals5.69%
Transportation3.90%
Distribution Services3.86%
Process Industries2.75%
Bonds, Cash & Other0.52%
Mutual fund0.58%
Cash−0.06%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history