(FVD) First Trust Value Line - Ratings and Ratios

The First Trust Value Line® Dividend Index Fund (FVD) is designed to track the performance of the Value Line® Dividend Index, which focuses on securities with high safety ratings and above-average dividend yields. The fund typically allocates at least 90% of its net assets to securities included in the index, ensuring tight tracking of its underlying benchmark. The index employs the Value Line® Safety Ranking System, which evaluates companies based on financial stability, earnings consistency, and dividend reliability. The fund prioritizes large-cap equities with strong dividend profiles, aligning with a value-oriented investment strategy.

From a technical perspective, FVD has shown stability in its price action, with a 20-day SMA of 43.13 and a 50-day SMA of 43.97, indicating a slight upward trend. The 200-day SMA of 43.86 suggests sustained stability over the longer term. The Average True Range (ATR) of 0.83 reflects moderate volatility, making it suitable for risk-averse investors. The funds average 20-day volume of 846,950 shares underscores its liquidity, allowing for efficient entry and exit points.

Fundamentally, FVD manages approximately $8.77 billion in assets, demonstrating significant investor confidence in its strategy. This scale enables the fund to maintain low tracking error and efficient portfolio management. The funds focus on high-quality, dividend-paying stocks positions it as a core holding for income-focused portfolios.