The Comprehensive Overview of FCFY Dividend Data: Trust in 500 Diversified Free Cash Flow ETFs and Stock Price Quotes for 2024
FCFY - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| FCFY | ETF | Diversified Free Cash Flow | Trust and Dividend Focus | Quarterly | Global | 0.25% | First Trust |
FCFY Overview - The First Trust S&P 500 Diversified Free Cash Flow ETF
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) is an exchange-traded fund (ETF) designed to track the performance of the S&P 500 Index with a focus on companies demonstrating strong free cash flow generation. The fund's strategy centers on investing in companies within the S&P 500 that have a history of consistent and robust free cash flow. This diversified approach helps mitigate risk while seeking dividend-paying stocks with growth potential.
FCFY's investment approach prioritizes trust in companies with healthy balance sheets and sustainable cash flow, aiming to provide investors with exposure to stable dividend-paying stocks. The fund's dividend yield reflects its focus on companies with strong cash flow capabilities. With a global geographic focus, FCFY offers investors access to a broad range of industries and markets.
Managed by First Trust, FCFY has an expense ratio of 0.25%, making it a cost-effective option for investors seeking exposure to companies with solid financial fundamentals and dividend potential within the S&P 500 Index.
FCFY - Price / Yield
FCFY - Portfolio and Asset Allocation
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) maintains a diverse portfolio of holdings across various sectors, reflecting a strategic allocation approach. The top 10 holdings showcase a mix of established companies like Skyworks Solutions (SWKS) and innovative players such as NetApp Inc (NTAP). This blend ensures exposure to sectors such as Technology (29.99%), Financial (14.03%), Healthcare (12.25%), and others, offering investors a balanced portfolio.
Analysis of FCFY's holdings reveals a focus on companies with strong cash flow and growth potential. For instance, holdings like HP Inc (HPQ) and Hewlett Packard Enterprise (HPE) demonstrate solid financial performance and strategic positioning in their respective industries. Additionally, the portfolio includes stocks with favorable recommendations ranging from Strong Buy to Hold, indicating diversity in investment strategy and risk management.
With an emphasis on dividend-paying stocks and premium recommendations, FCFY's portfolio aims to deliver stable returns while capturing growth opportunities across key sectors. The asset allocations further strengthen the portfolio's diversification, enhancing its resilience to market fluctuations and potential for long-term growth.
Top 10 Holdings
As of May 8, 2024, the top 10 holdings of the First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) are:
| Name | Weight |
|---|---|
| Skyworks Solutions | 3.21% |
| HP Inc | 3.02% |
| Hewlett Packard Enterprise | 2.81% |
| Warner Bros. Discovery, Inc. Series A | 2.77% |
| Cisco | 2.63% |
| Synchrony Financial | 2.27% |
| At&t Inc | 2.23% |
| Centene | 2.21% |
| Cognizant Technology Solutions | 2.10% |
| NetApp Inc | 2.07% |
Asset Allocation
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) has the following asset allocation as of May 8, 2024:
| Sector | Weight |
|---|---|
| Technology | 29.99% |
| Financial | 14.03% |
| Healthcare | 12.25% |
| Consumer Cyclical | 10.21% |
| Communication Services | 9.02% |
| Industrials | 8.04% |
| Energy | 3.70% |
| Basic Materials | 3.38% |
| Consumer Defensive | 3.36% |
| Utilities | 2.35% |
| Real Estate | 2.34% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
FCFY Dividend Data |
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) pays quarterly dividends. The most recent ex-dividend date was on April 22, 2024, with a dividend payment of $0.16 per share on May 4, 2024. |
FCFY Dividend Yield |
As of May 4, 2024, the 30-day SEC yield for FCFY is 1.36%. This means that for every $100 invested in the fund, investors would receive $1.36 in dividends per year, assuming the yield remains constant. |
FCFY Dividend History |
FCFY has a history of paying quarterly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund. |
FCFY Dividend Growth |
FCFY's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed. |
FCFY Dividend Stability |
FCFY aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of larger U.S. companies. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio. |
FCFY - Chart
FCFY - Comparative Analysis
Let's compare FCFY with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of May 2024)
| FCFY | SPYD | VOO | |
|---|---|---|---|
| Investment Focus | High-quality, dividend-paying stocks of larger U.S. companies | High-yielding, large-cap U.S. stocks | Tracks the S&P 500 Index |
| Current Yield | 1.36% | 3.07% | 1.37% |
| Expense Ratio | 0.60% | 0.07% | 0.03% |
| Investment Strategy | Actively managed, focuses on companies with free cash flow and dividend growth potential | Passively tracks the S&P 500 High Dividend Yield Index | Passively tracks the S&P 500 Index |
| Strengths | Potential for higher returns through active management, emphasis on free cash flow and dividend growth | Low expense ratio, broad exposure to high-yield U.S. stocks | Low expense ratio, tracks S&P 500 performance |
| Weaknesses | Higher expense ratio than passively managed funds, potentially higher volatility | Less diversification than broader dividend ETFs, potentially lower returns than actively managed funds | None specific to VOO |
Dividend History (Last 2 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| Mar 21, 2024 | $0.07 | Mar 22, 2024 | Mar 28, 2024 |
| Dec 22, 2023 | $0.16 | Dec 26, 2023 | Dec 29, 2023 |
News
Technical Analysis
Additional Information and Risks
After a comprehensive analysis of the FCFY Dividend ETF, several key conclusions and risks emerge.
Firstly, the trust exchange-traded fund structure of FCFY offers investors exposure to a diversified portfolio of dividend stocks within the S&P 500 Diversified Free Cash Flow index, providing potential for stable income and growth.
However, investors should be aware of certain risks. Fluctuations in stock price can impact the dividend data, affecting the dividend information provided. Market volatility, changes in sector performance, and economic conditions can also influence FCFY's net assets and share price.
Additionally, while FCFY aims to pay dividends regularly, investors should consider factors such as investment fees, expense ratios, and trading costs. The annualized dividend yield within the fund may vary, impacting shareholder returns.
In conclusion, FCFY presents an opportunity to access a diversified portfolio of dividend-paying companies, but investors should carefully assess risks related to market conditions, stock valuation, and dividend stability before investing.