First Trust STOXX European Select Dividend Index Fund (FDD)

First Trust STOXX European Select Dividend Index Fund (FDD) is an exchange-traded fund in the Europe Stock category. It has $820.83M in assets, an expense ratio of 0.56% and a 5.45% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index consists of 30 high dividend-yielding securities selected from the STOXX ® Europe 600 Index. In addition, a security must be issued by a company with a non-negative five-year dividend-per-share growth rate and a dividend-to-earnings ratio of 60% or less.