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First Trust STOXX European Select Dividend Index Fund
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First Trust STOXX European Select Dividend Index Fund
The First Trust STOXX European Select Dividend Index Fund (FDD) is a passively managed exchange-traded fund that tracks an index measuring 30 high-dividend yielding companies across Europe. These stocks must have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less to quality. The fund was created in 2007 and has net assets of $294.7m, with an expense ratio of 0.57%. Countries with the most exposure are the UK, Germany, France, and Italy. Top-weighted holdings of FDD include Rio Tinto, GlaxoSmithKline, NN Group, Legal & General, SSE, IG Group, and Proximus. Start spread betting or trading CFDs on our First Trust STOXX European Select Dividend Index Fund.
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