(FDL) First Trust Morningstar - Ratings and Ratios

The First Trust Morningstar Dividend Leaders Index Fund (NYSE ARCA: FDL) is designed to track the performance of the Morningstar Dividend Leaders Index, which focuses on high-yielding stocks with a proven track record of consistent dividend payments. The fund typically allocates at least 90% of its net assets to securities included in the index, which is composed of 100 stocks selected for their ability to sustain dividend payouts. As a non-diversified fund, it may concentrate its holdings in a smaller number of securities, which can increase risk but also potentially enhance returns. The fund is part of the large value ETF category, targeting investors seeking income and exposure to established companies with strong dividend histories.

From a technical standpoint, FDL has shown a short-term trend near its 20-day moving average of 40.52, with a last price of 40.57, indicating recent stability. The 50-day moving average of 41.94 suggests a slight downward trend over the medium term. The 200-day moving average of 40.65 aligns closely with current prices, signaling a flat longer-term trajectory. The ATR of 0.92 reflects low volatility, making it appealing to risk-averse investors. With an AUM of $5.058 billion, the fund benefits from scale, ensuring liquidity and operational efficiency.