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First Trust STOXX® European Select Dividend Index Fund (FDD)
Investment Objective/Strategy - First Trust STOXX® European Select Dividend Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the STOXX® Europe Select Dividend 30 Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index is a dividend weighted index of 30 stocks selected from the STOXX® Europe 600 Index which includes high-dividend yielding companies across 18 European countries.
  • The universe of stocks consists of dividend-paying companies in the STOXX® Europe 600 Index that have a positive five year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.
  • Companies in the STOXX® Europe 600 Index universe are sorted by country and ranked in descending order according to their indicated annual net dividend yield. In the case of multiple stocks for a single company, the highest-yielding stock is chosen.
  • All current components of the Index are added to the selection list automatically.
  • For each company an "outperformance factor" is calculated: company net dividend yield divided by the net dividend yield of the respective region or county minus 1.
  • All companies are then sorted by their "outperformance factor."
    • All current components in the Index that are ranked 60 or higher in the selection list remain in the Index. Starting from the highest-ranked non-component in the selection list, companies are added to the Index until the final component count of 30 is reached.
    • A company's weight in the Index is based on its net dividend yield. Each component's weight is capped at 15%.
Fund Overview
TickerFDD
Fund TypeForeign Equity Income
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon
CUSIP33735T109
ISINUS33735T1097
Intraday NAVFDDIV
Fiscal Year-End09/30
ExchangeNYSE Arca
Inception8/27/2007
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyAnnual
Gross Expense Ratio*0.57%
Net Expense Ratio*0.57%
* As of 2/1/2021
Expenses are capped contractually at 0.60% per year, at least until January 31, 2022.
Current Fund Data (as of 6/11/2021)
Closing NAV1$15.39
Closing Market Price2$15.46
Bid/Ask Midpoint$15.46
Bid/Ask Premium0.45%
30-Day Median Bid/Ask Spread30.07%
Total Net Assets$270,191,967
Outstanding Shares17,553,334
Daily Volume188,629
Average 30-Day Daily Volume129,900
Closing Market Price 52-Week High/Low$15.50 / $9.81
Closing NAV 52-Week High/Low$15.46 / $9.81
Number of Holdings (excluding cash)30
Top Holdings (as of 6/11/2021)*
Holding Percent
GlaxoSmithKline Plc 5.85%
SSE Plc 5.33%
Legal & General Group Plc 5.13%
IG Group Holdings Plc 4.38%
Orange 4.30%
Proximus S.A. de droit public 4.13%
NN Group N.V. 4.08%
Snam SpA 3.72%
Telecom Italia SpA (RSP Shares) 3.65%
Poste Italiane SpA 3.52%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 6/13/2021)4$0.0138
30-Day SEC Yield (as of 5/28/2021)52.98%
Unsubsidized 30-Day SEC Yield (as of 5/28/2021)62.98%
12-Month Distribution Rate (as of 5/28/2021)73.30%
Index Yield (as of 5/28/2021)84.78%
For funds with certain equity strategies, due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain of the issuers of the securities included in the fund may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "12-Month Distribution Rate," which is based on the fund's trailing 12-month ordinary distributions, will likely be higher, and in some cases significantly higher, than the actual 12-month distribution rate achieved by the fund.
Fund Characteristics (as of 5/28/2021)10
Maximum Market Cap.$109,352
Median Market Cap.$18,609
Minimum Market Cap.$3,255
Price/Earnings9.08
Price/Book1.10
Price/Cash Flow5.67
Price/Sales1.06
Top Country Exposure (as of 6/11/2021)
Country Percent
United Kingdom 20.86%
Germany 19.56%
Italy 12.90%
Switzerland 10.24%
France 10.22%
Belgium 7.24%
Finland 5.67%
The Netherlands 4.11%
Sweden 3.10%
Luxembourg 3.07%
Bid/Ask Premium/Discount (as of 6/11/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 120 37 46 ---
Days Traded at Discount 133 24 4 ---
Top Sector Exposure (as of 6/11/2021)
Financials 31.97%
Communication Services 17.89%
Real Estate 12.77%
Utilities 12.36%
Consumer Discretionary 8.30%
Health Care 5.90%
Materials 5.62%
Energy 3.03%
Industrials 2.16%
Hypothetical Growth of $10,000 Since Inception (as of 6/11/2021) *