Key stats
About FIRST TRUST VALUE LINE DIV IDX ETF COMMON UNITS
Home page
Inception date
May 15, 2013
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Return of Capital
Primary advisor
FT Portfolios Canada Co.
Distributor
FT Portfolios Canada Co.
The fund seeks to deliver better-than-average dividend yields via an equal-weighted portfolio of dividend-paying stocks. It builds this portfolio in two steps: first, it uses Value Line's proprietary 'safety rating' system to select low-beta stocks from companies with strong balance sheets, and then it chooses the stocks with above-average yields and weights them equally. Excluded companies are those with more risky ranking, less than $1 billion in market cap, and lower average dividend yield compared to that of the S&P 500. FUDs equal-weighted approach results in a pronounced midcap tilt compared to its high-yield benchmark. The Index is rebalanced and reconstituted monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Consumer Non-Durables
Finance
Stocks99.62%
Utilities18.96%
Consumer Non-Durables13.92%
Finance13.04%
Health Technology8.21%
Producer Manufacturing7.02%
Technology Services6.03%
Process Industries5.77%
Electronic Technology4.84%
Transportation4.27%
Communications3.21%
Retail Trade2.66%
Industrial Services1.86%
Consumer Durables1.83%
Consumer Services1.81%
Commercial Services1.75%
Energy Minerals1.37%
Distribution Services1.33%
Health Services1.29%
Non-Energy Minerals0.45%
Bonds, Cash & Other0.38%
Cash0.38%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history