Key stats
About First Trust NASDAQ Technology Dividend Index Fund
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Inception date
Aug 14, 2012
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
TDIV holds a dividend-weighted portfolio of up to 100 companies classified as a technology or telecommunications company under the Industry Classification Benchmark. TDIV limits its portfolio to US-listed stocks that pay dividends: Two filters that significantly narrow the global technology universe, causing it to exclude certain segment giants. Its international exposure comes mostly from ADRs. The companies included are first weighted according to their dividend yield relative to other securities within the index, then adjusted accordingly so that tech companies occupy up to 80% of the index, while the telecom companies occupy only 20%. It meets its mandate with the highest dividend yield in the segment, but its approach doesn't necessarily mean that it will outperform our benchmark on a risk-adjusted basis. Rebalancing occurs quarterly while reconstitution occurs semi-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
Electronic Technology
Technology Services
Communications
Stocks99.89%
Electronic Technology47.89%
Technology Services32.11%
Communications13.19%
Producer Manufacturing3.98%
Consumer Services2.12%
Distribution Services0.39%
Commercial Services0.21%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
North America89.32%
Europe5.54%
Asia4.76%
Middle East0.23%
Latin America0.15%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history