First Trust Rising Dividend Achievers ETF (RDVY) — ()
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RDVY: Outperforms Peers Despite Lower Dividend Yield
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Sentiment: Positive ()
RDVY offers a focused portfolio of high-quality, dividend-growing companies, with strong selection criteria and quarterly rebalancing for optimal exposure. While the starting yield is low at 1.6%, RDVY delivers impressive …
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Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?
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Sentiment: Neutral ()
The First Trust Rising Dividend Achievers ETF (RDVY) made its debut on 01/07/2014, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - …
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About First Trust Rising Dividend Achievers ETF RDVY
The Fund seeks investment results that correspond generally to the price and yield (before the fees and expenses) of the Nasdaq US Rising Dividend Achievers Index (the "Index"). The Fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in securities that comprise the Index. The Index is comprised of a selection of companies with a history of raising their dividends and that exhibit the characteristics to potentially continue doing so in the future. The Index construction process considers a company's earnings growth, levels of cash compared to debt and the amount of earnings that are paid out as dividends.