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FDD Stock, First Trust Dow Jones STOXX Select Dividend 30 Index Fund Information

Stock Information

Company Name: First Trust Dow Jones STOXX Select Dividend 30 Index Fund
Stock Symbol: FDD
Market: NYSE

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About First Trust Dow Jones STOXX Select Dividend 30 Index Fund

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the STOXX Europe Select Dividend 30 Index. 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 consists of 30 high dividend-yielding securities selected from the STOXX Europe 600 Index. In addition, a security must be issued by a company with a non-negative five-year dividend-per-share growth rate and a dividend-to-earnings ratio of 60% or less.