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First Trust Nasdaq Technology Dividend

The stock symbol you provided, "FDN," represents the First Trust NASDAQ Technology Dividend Index Fund, which is an Exchange Traded Fund (ETF) listed on the U.S. stock exchange. This ETF is designed to track the performance of the NASDAQ US Technology Dividend Index, which includes companies from various technology sectors that pay a regular dividend. Here is some general information about FDN:

1. **Inception Date**: This ETF was launched on December 15, 2015.

2. **Objective**: The primary objective of FDN is to provide investment results that closely correspond to the price and yield of the NASDAQ US Technology Dividend Index, before fees and expenses.

3. **Composition**: The fund focuses on technology companies listed on the NASDAQ stock exchange that have a history of paying dividends. The portfolio may include well-known companies from sectors like software, internet, telecommunications, and semiconductors.

4. **Dividends**: As a dividend-focused ETF, FDN aims to distribute quarterly dividends to its shareholders. However, the distribution amount may vary from one quarter to another, depending on the dividend income received by the fund during that period.

5. **Performance**: The past performance of FDN is not a guarantee of future results. Nevertheless, the fund has shown relatively stable growth and income generation during its existence. According to historical data, FDN has experienced growth in its net assets over the years while distributing a consistent amount of quarterly dividends.

6. **Expense Ratio**: The expense ratio of FDN is 0.50% (as of January 2023), which is relatively average for a sector-specific ETF. This ratio represents the annual management and administrative costs associated with running the fund.

Before investing in FDN or any other ETF, consider consulting with a financial professional to assess your individual goals, risk tolerance, and investment strategy. Additionally, please note that investing in financial markets inherently involves risks, and historical performance should not be considered a guarantee of future returns.

Sources: First Trust Portfolios L.P., NASDAQ, Yahoo Finance