Should First Trust Morningstar Dividend Leaders ETF (FDL) Be on Your Investing Radar?

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the First Trust Morningstar Dividend Leaders ETF (FDL) is a passively managed exchange traded fund launched on 03/09/2006.The fund is sponsored by First Trust Advisors. It has amassed assets over $5.65 billion, making it one of the larger ETFs attempting to match the Large Cap Value segment of the US equity market.Why Large Cap ValueLarge cap companies usually have a market capitalization above $10 billion. Overall, t ...