FDD

First Trust STOXX European Select Dividend Index Fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the STOXX Europe Select Dividend 30 Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index consists of 30 high dividend-yielding securities selected from the STOXX Europe 600 Index. In addition, a security must be issued by a company with a non-negative five-year dividend-per-share growth rate and a dividend-to-earnings ratio of 60% or less.