First Trust VL Dividend (FVD) Stock Price, Quote, News & History

The Fund will normally invest at least 90 percent of its net assets including investment borrowings in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed by Value Line Publishing, LLC and calculated by ICE Data Indices, LLC as the calculation agent on behalf of the Index Provider. The Index seeks to measure the performance of the securities ranked 1 or 2 according to the Index Providers proprietary Value Line Safety Ranking System (the Safety Ranking System) that are also still expected to provide above-average dividend yield. According to information published by Value Line, the Safety Ranking System seeks to measure the total risk of a security relative to the total risk of the approximately 1,700 securities comprising the Indexs initial universe. The initial universe of 1,700 U.S.-listed equity securities accounts for approximately 90% of the market capitalization of all stocks traded on U.S. securities exchanges and is intended to provide broad industry coverage.