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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.
Index Description According to the Index Provider
  • 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 Corp
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*0.58%
Net Expense Ratio*0.58%
* As of 2/1/2023
Expenses are capped contractually at 0.60% per year, at least through January 31, 2024. The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Current Fund Data (as of 2/6/2023)
Closing NAV1$12.27
Closing Market Price2$12.29
Bid/Ask Midpoint$12.30
Bid/Ask Premium0.24%
30-Day Median Bid/Ask Spread30.08%
Total Net Assets$187,822,833
Outstanding Shares15,303,334
Daily Volume42,104
Average 30-Day Daily Volume97,070
Closing Market Price 52-Week High/Low$14.94 / $9.20
Closing NAV 52-Week High/Low$14.91 / $9.20
Number of Holdings (excluding cash)30
Top Holdings (as of 2/6/2023)*
Holding Percent
Rio Tinto Plc 6.64%
ACS, Actividades de Construccion y Servicios, S.A. 4.97%
A.P. Moeller - Maersk A/S (Class A) 4.57%
Bayerische Motoren Werke AG (Preference) 4.40%
LEG Immobilien SE 4.23%
BNP Paribas S.A. 4.15%
Mercedes-Benz Group AG 4.10%
Holcim Limited 3.99%
Credit Agricole S.A. 3.98%
Aroundtown S.A. 3.93%

* 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 2/7/2023)4$0.0451
30-Day SEC Yield (as of 12/30/2022)56.58%
Unsubsidized 30-Day SEC Yield (as of 12/30/2022)66.57%
12-Month Distribution Rate (as of 12/30/2022)76.04%
Index Yield (as of 12/30/2022)88.05%
Fund Characteristics (as of 1/31/2023)10
Maximum Market Cap.$130,304
Median Market Cap.$13,633
Minimum Market Cap.$2,869
Price/Earnings5.69
Price/Book0.86
Price/Cash Flow3.89
Price/Sales0.65
Top Country Exposure (as of 2/6/2023)
Country Percent
Germany 21.00%
France 18.78%
United Kingdom 17.15%
Italy 7.77%
The Netherlands 6.87%
Switzerland 6.48%
Spain 4.98%
Belgium 4.78%
Denmark 4.58%
Luxembourg 3.93%
Bid/Ask Premium/Discount (as of 2/6/2023)
  2022 Q1 2023 Q2 2023 Q3 2023
Days Traded at Premium 114 20 --- ---
Days Traded at Discount 137 4 --- ---
Top Sector Exposure (as of 2/6/2023)
Financials 38.66%
Materials 16.11%
Utilities 10.56%
Real Estate 10.55%
Industrials 9.55%
Consumer Discretionary 8.51%
Communication Services 6.06%
Hypothetical Growth of $10,000 Since Inception (as of 2/6/2023) *