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home / news releases / FDL - FDL: Still Not A Dream Dividend ETF After Portfolio Reshuffle


FDL - FDL: Still Not A Dream Dividend ETF After Portfolio Reshuffle

  • FDL is a $1.58 billion smart-beta fund following a passive investment strategy revolving around the most generous dividend payers in the United States.
  • FDL was deeply recalibrated in June, with 43 holdings that accounted for almost a quarter of the net assets as of May 17 being removed.
  • Financials slipped to 7th place, healthcare is now its top sector.
  • Its factor exposure has changed only marginally.
  • I am skeptical of the fund given the high turnover and burdensome expenses.

For further details see:

FDL: Still Not A Dream Dividend ETF After Portfolio Reshuffle
Stock Information

Company Name: First Trust Morningstar
Stock Symbol: FDL
Market: NYSE

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