FVD: First Trust Value Line® Dividend Index Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

First Trust Value Line® Dividend ETF

FVD - Snapshot

Vitals

  • YTD Return -4.8%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $8.81 B
  • Holdings in Top 10 5.7%

52 WEEK LOW AND HIGH

$34.46
$23.88
$36.88

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 53.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare FVD to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$44.42

-0.49%

$81.36 B

-

$0.00

-5.04%

0.17%

$113.88

-0.47%

$81.36 B

2.14%

$2.44

-4.98%

0.04%

$43.55

-0.41%

$60.99 B

1.88%

$0.82

0.07%

0.59%

$187.96

-0.52%

$58.97 B

1.88%

$3.55

-2.99%

0.52%

$43.53

-0.55%

$47.04 B

1.11%

$0.49

-2.03%

0.83%

FVD - Profile

Distributions

  • YTD Total Return -4.8%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Value Line® Dividend Index Fund
  • Fund Family Name
    First Trust
  • Inception Date
    Aug 19, 2003
  • Shares Outstanding
    280087986
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jon Erickson

Fund Description

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety™ Ranking System (the "Safety Ranking System") that are also still expected to provide above-average dividend yield.


FVD - Performance

Return Ranking - Trailing

Period FVD Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -30.9% 272.1% 57.37%
1 Yr -7.9% -33.9% 15.5% 53.47%
3 Yr 3.8%* -10.3% 11.0% 19.95%
5 Yr 7.8%* -4.4% 13.6% 11.25%
10 Yr 10.7%* -1.9% 11.8% 5.53%

* Annualized

Return Ranking - Calendar

Period FVD Return Category Return Low Category Return High Rank in Category (%)
2019 23.9% -32.1% 76.3% 17.30%
2018 -5.8% -62.4% 16.7% 1.59%
2017 10.1% -72.0% 37.9% 42.67%
2016 17.4% -61.4% 31.0% 6.46%
2015 -1.2% -47.3% 4.6% 2.00%

Total Return Ranking - Trailing

Period FVD Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -30.9% 272.1% 57.37%
1 Yr -7.9% -33.9% 15.5% 47.06%
3 Yr 3.8%* -11.2% 11.0% 18.25%
5 Yr 7.8%* -4.8% 13.6% 10.35%
10 Yr 10.7%* -2.1% 11.8% 5.00%

* Annualized

Total Return Ranking - Calendar

Period FVD Return Category Return Low Category Return High Rank in Category (%)
2019 23.9% -32.1% 76.3% 17.30%
2018 -5.8% -37.1% 17.4% 9.48%
2017 10.1% -9.5% 37.9% 79.90%
2016 17.4% -27.9% 32.2% 16.85%
2015 -1.2% -28.9% 4.6% 13.32%

FVD - Holdings

Concentration Analysis

FVD Category Low Category High FVD % Rank
Net Assets 8.81 B 390 K 81.4 B 10.41%
Number of Holdings 188 1 1638 13.06%
Net Assets in Top 10 501 M 68.9 K 20.4 B 27.76%
Weighting of Top 10 5.67% 2.8% 100.0% 99.92%

Top 10 Holdings

  1. Public Service Enterprise Group Inc 0.63%
  2. Diageo PLC ADR 0.63%
  3. Duke Energy Corp 0.63%
  4. Eversource Energy 0.63%
  5. Consolidated Edison Inc 0.63%
  6. General Mills Inc 0.63%
  7. PepsiCo Inc 0.62%
  8. Rockwell Automation Inc 0.62%
  9. Bank of Montreal 0.60%
  10. Automatic Data Processing Inc 0.60%

Asset Allocation

Weighting Return Low Return High FVD % Rank
Stocks
99.81% 0.00% 144.64% 16.73%
Cash
0.20% -129.21% 100.00% 79.02%
Preferred Stocks
0.00% 0.00% 20.06% 17.96%
Other
0.00% -1.17% 90.90% 14.29%
Convertible Bonds
0.00% 0.00% 9.60% 12.98%
Bonds
0.00% 0.00% 42.12% 16.41%

Stock Sector Breakdown

Weighting Return Low Return High FVD % Rank
Utilities
21.32% 0.00% 46.31% 0.41%
Industrials
18.76% 0.00% 46.06% 4.59%
Financial Services
18.19% 0.00% 60.37% 53.24%
Consumer Defense
10.20% 0.00% 31.06% 38.72%
Healthcare
8.98% 0.00% 31.61% 95.08%
Technology
8.02% 0.00% 54.02% 86.71%
Communication Services
4.29% 0.00% 23.33% 86.05%
Basic Materials
3.76% 0.00% 23.70% 45.86%
Consumer Cyclical
3.24% 0.00% 30.11% 89.42%
Real Estate
3.23% 0.00% 87.91% 42.49%
Energy
0.00% 0.00% 23.54% 96.39%

Stock Geographic Breakdown

Weighting Return Low Return High FVD % Rank
US
82.71% 0.00% 143.35% 87.76%
Non US
17.10% -0.07% 37.07% 3.10%

FVD - Expenses

Operational Fees

FVD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.01% 19.26% 73.11%
Management Fee 0.50% 0.00% 1.50% 33.44%
12b-1 Fee 0.00% 0.00% 1.00% 1.85%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FVD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FVD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FVD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 481.00% 61.23%

FVD - Distributions

Dividend Yield Analysis

FVD Category Low Category High FVD % Rank
Dividend Yield 2.33% 0.00% 33.77% 4.48%

Dividend Distribution Analysis

FVD Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

FVD Category Low Category High FVD % Rank
Net Income Ratio 2.36% -3.83% 5.26% 18.82%

Capital Gain Distribution Analysis

FVD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

FVD - Fund Manager Analysis

Managers

Jon Erickson


Start Date

Tenure

Tenure Rank

Aug 19, 2003

17.21

17.2%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

David McGarel


Start Date

Tenure

Tenure Rank

Aug 19, 2003

17.21

17.2%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Roger Testin


Start Date

Tenure

Tenure Rank

Aug 19, 2003

17.21

17.2%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Daniel Lindquist


Start Date

Tenure

Tenure Rank

Dec 31, 2004

15.84

15.8%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Stan Ueland


Start Date

Tenure

Tenure Rank

Oct 13, 2006

14.06

14.1%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Chris Peterson


Start Date

Tenure

Tenure Rank

Mar 18, 2016

4.62

4.6%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 85.01 7.09 5.13