First Trust STOXX European Select Dividend Income FundFDD
FDD
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4% less funds holding
Funds holding: 78 [Q2] → 75 (-3) [Q3]
9.18% less ownership
Funds ownership: 52.05% [Q2] → 42.88% (-9.18%) [Q3]
13% less capital invested
Capital invested by funds: $83.2M [Q2] → $72.6M (-$10.6M) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 30
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Research analyst outlook
We haven’t received any recent analyst ratings for FDD.
Financial journalist opinion
Negative
WSJ
1 month ago
Europe's Economy Faces Sink-or-Swim Moment as Trump Returns
With the U.S. election result and the German government's collapse, the lagging European economy is at a crossroads.
Neutral
Seeking Alpha
3 months ago
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.
Positive
Seeking Alpha
3 months ago
Draghi's €800bn Call To Action: Instilling The Urgency That Europe Needs
Former ECB President Mario Draghi's 400 pages of economists' ‘greatest hits' and a few more controversial proposals provide Europe's most comprehensive plan yet to revive its economy, decarbonise and become more self-sufficient. Economic growth in Europe has been weak compared to the US and China for a long time, but the sense of urgency around economic reform outside of crises was lacking.
Positive
Seeking Alpha
3 months ago
Eurozone Inflation Drops To 2.2% In August
The drop in eurozone inflation from 2.6 to 2.2% was mainly because of energy inflation but does confirm the view that the inflation environment is slowly getting more benign. The ECB has arrived on a long home straight when it comes to bringing inflation back to target.
Positive
Seeking Alpha
4 months ago
Eurozone PMI Picks Up In August Amid Olympics Boost
The composite PMI increased from 50.2 to 51.2 from July to August, mainly due to a jump in French services activity. Meanwhile, eurozone manufacturing continues to be a big disappointment.
Neutral
Seeking Alpha
4 months ago
Eurozone GDP Beats Expectations But Remains Weak Behind The Scenes
Eurozone GDP growth in the second quarter beat expectations and maintains the growth pace of 0.3% quarter-on-quarter seen in the first quarter. With unemployment low and inflation more benign, the economy is undoubtedly in a better situation than it was, for example, a year ago.
Positive
Seeking Alpha
5 months ago
FDD: Alluring 6.5% Yield But Dismal Performance From This U.K.-Heavy ETF
FDD aggregates 30 high-yield European stocks that were screened for dividend growth and dividend coverage. The UK, the Netherlands, and Germany are the key countries represented. Financial sector stocks account for 54.2%. There is no exposure to IT, consumer staples, health care, or real estate. FDD's strategy has delivered dismal returns in the past, with a negative annualized return over September 2007–June 2024.
Negative
Seeking Alpha
6 months ago
How French Politics Could Affect European Asset Markets In June
French bond markets are selling off for a second day as investors adjust positions ahead of the unexpected French parliamentary elections later this month. We take a look at how European bond, FX and credit markets could perform.
Neutral
Seeking Alpha
6 months ago
Cautious Monetary Easing In The Eurozone Has Started
The eurozone economy continues to recover, but there are no reasons to expect a significant acceleration in growth. With some pockets of inflationary pressures still hanging around, the ECB's rate-cutting cycle will unfold very slowly.
Neutral
Seeking Alpha
6 months ago
3 Takeaways From Today's ECB Meeting
The European Central Bank cut interest rates by 25bps, bringing the deposit rate down to 3.75%. Inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.
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