FVD

The First Trust Value Line Dividend Index Fund (FVD) invests in U.S.–listed large‑ and mid‑cap equity securities that meet the Value Line® Safety Ranking and deliver above‑average dividend yields, excluding companies with market capitalizations under $1 billion. Its strategy follows an equal‑weighted, low‑volatility approach that emphasizes sectors such as utilities, financials, industrials, consumer staples and other dividend‑rich areas, while remaining fully domestic. By targeting stable, cash‑generating firms with strong safety scores, the fund offers a defensive, income‑oriented profile that can suit investors seeking regular dividend income and reduced market swings, such as retirees or risk‑averse portfolio builders.