Key stats
About FIRST TST MORNINGSTAR DIV LEADERS FUNDS
Expense ratio
0.45%
Home page
Inception date
Mar 9, 2006
FDL tries to generate a greater dividend yield by building its portfolio on the basis of historical yield performance and the ability to sustain dividend payments. Its rule set requires a company's current dividend to be higher than it was five years ago, and less than its forward EPS estimates. Eligible securities are ranked by dividend yield and the top 100 securities are selected for index inclusion. Its weighting scheme is also dividend dollar-weighted. Adjustments occur so that each security has a maximum weight of 10% and those securities weighing more than 5% do not collectively exceed 50% of the entire portfolio. This approach causes FDL to diverge from its Base Index. The Index undergoes quarterly rebalance and annual reconstitution.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Utilities
Energy Minerals
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.