FDL News and Press, First Trust Morningstar From 09/09/22

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Summary The strategic case holds that factors may help from both a return perspective and as a source of diversification. The recent performance turn will likely convince more investors that subpar factor performance in recent years was cyclical, not structural. Higher-quality...

Summary FDL selects 100 high-yielding U.S. companies screened by Morningstar for dividend safety. June's reconstitution resulted in almost an entirely different portfolio. The listed dividend yield is 3.41%, but I expect that to increase to around 4%. Energy companies fuel this in...

Summary It has been a tough year for equity markets and funds. Stocks are down across the board, with few exceptions. FDL is one such exception. An overview of the fund follows. Author's note: This article was released to CEF/ETF Income Laboratory members on Au...

Summary SPDR Dow Jones Industrial Average ETF (DIA) has not worked as a pure defensive ETF so far in 2022. Moving forward, it might not offer protection against volatility as the majority of its stock holdings are vulnerable to economic and interest rate headwinds. It may be b...

Summary The value rotation story has been hard to miss - it’s a trend that’s been underway since late 2020 and has since continued to gather steam. A theme often heard in the narrative is that value had been floundering relative to growth for a long stretch leading u...

Cisco Systems is likely to maintain a leading competitive position in the market for networking services. Business model innovation and new software products are on track to drive topline expansion. A history of earnings beats indicates that analysts expectations are still lagging...

Exxon Mobil is trading 15% off its 52-week high of $105. The entire oil sector has fallen along with the price of oil over the last month. Nonetheless, it's all about the future, not the past, and the future looks extremely bright for Exxon Mobil. Further, the Texas oil titan has ...

Altria Group's adjusted diluted EPS payout ratio is set to improve from an already safe 75.5% in 2021 to 74.9% in 2022. Adjusting for the sale of its wine business last year, the tobacco company's first-half revenue net of excise taxes edged slightly higher while adjusted diluted EPS ...

Chevron stock is trading at a 20% discount to its 52-week high of $182. The entire oil sector has fallen along with oil’s price over the last month. Nonetheless, it's all about the future, not the past, and the future looks bright for CVX, yet not everyone agrees. Earni...