First Trust Morningstar ETF FDL
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Net expense ratio
- 0.43%
- Net assets
- $7.3B
- Holdings
- 101
- 12-month distribution yield
- 3.72%
- Asset class
- Equity
First Trust Morningstar ETF (FDL) is an exchange-traded fund listed on NYSE Arca in the United States, issued by First Trust. Its category is Equity · US (equity). Its last price was US$52.07 on 20 Oct 2026. Its net expense ratio is 0.43% a year, from its prospectus dated 1 May 2026. It reported net assets of US$7.29 billion as of 30 Jun 2026. Its latest holdings report lists 101 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$1.94 a unit, a 12-month distribution yield of 3.72%, paid quarterly.
Fees
- Total annual operating expenses (gross)
- 0.43%
- Net, after fee waivers or reimbursements
- 0.43%
- Management fee
- 0.30%
- Prospectus date
- 1 May 2026
- Filed with the SEC
- 30 Apr 2026
Size and reporting
- Net assets
- $7,288,230,355
- Total assets
- $7,292,213,370
- Holdings as of
- 30 Jun 2026
- Report made public
- 21 Aug 2026 (52 days after the month end)
Top holdings
Largest 25 of 101 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | CHEVRON CORP CHEVRON CORP COM | US1667641005 | 7.43% | $541.4M | Equity (common) | United States | USD |
| 2 | VERIZON COMMUNICATIONS INC VERIZON COMMUNICATIONS INC COM | US92343V1044 | 7.17% | $522.6M | Equity (common) | United States | USD |
| 3 | PHILIP MORRIS INTERNATIONAL INC PHILIP MORRIS INTERNATIONAL INC COM | US7181721090 | 6.06% | $441.6M | Equity (common) | United States | USD |
| 4 | PFIZER INC PFIZER INC COM | US7170811035 | 5.91% | $430.6M | Equity (common) | United States | USD |
| 5 | PEPSICO INC PEPSICO INC COM | US7134481081 | 4.84% | $352.4M | Equity (common) | United States | USD |
| 6 | ALTRIA GROUP INC ALTRIA GROUP INC COM | US02209S1033 | 4.64% | $337.9M | Equity (common) | United States | USD |
| 7 | BRISTOL-MYERS SQUIBB COMPANY BRISTOL-MYERS SQUIBB COMPANY COM | US1101221083 | 3.43% | $249.9M | Equity (common) | United States | USD |
| 8 | UNITED PARCEL SERVICE INC UNITED PARCEL SERVICE INC CL B | US9113121068 | 3.15% | $229.8M | Equity (common) | United States | USD |
| 9 | COMCAST CORP COMCAST CORP CL A | US20030N1019 | 3.13% | $228.4M | Equity (common) | United States | USD |
| 10 | SOUTHERN COMPANY (THE) SOUTHERN COMPANY (THE) COM | US8425871071 | 2.32% | $168.9M | Equity (common) | United States | USD |
| 11 | BLACKSTONE INC BLACKSTONE INC COM | US09260D1072 | 2.31% | $168.1M | Equity (common) | United States | USD |
| 12 | MEDTRONIC PLC MEDTRONIC PLC SHS | IE00BTN1Y115 | 2.28% | $166.0M | Equity (common) | Ireland | USD |
| 13 | US BANCORP US BANCORP COM NEW | US9029733048 | 2.27% | $165.8M | Equity (common) | United States | USD |
| 14 | DUKE ENERGY CORP DUKE ENERGY CORP COM NEW | US26441C2044 | 2.21% | $161.4M | Equity (common) | United States | USD |
| 15 | ACCENTURE PLC ACCENTURE PLC SHS CLASS A | IE00B4BNMY34 | 1.84% | $134.4M | Equity (common) | Ireland | USD |
| 16 | TRUIST FINANCIAL CORP TRUIST FINANCIAL CORP COM | US89832Q1094 | 1.70% | $124.2M | Equity (common) | United States | USD |
| 17 | ONEOK INC ONEOK INC COM | US6826801036 | 1.69% | $123.2M | Equity (common) | United States | USD |
| 18 | MONDELEZ INTERNATIONAL INC MONDELEZ INTERNATIONAL INC CL A | US6092071058 | 1.57% | $114.4M | Equity (common) | United States | USD |
| 19 | KINDER MORGAN INC KINDER MORGAN INC COM | US49456B1017 | 1.54% | $112.3M | Equity (common) | United States | USD |
| 20 | DOMINION ENERGY INC DOMINION ENERGY INC COM | US25746U1097 | 1.50% | $109.5M | Equity (common) | United States | USD |
| 21 | TARGET CORP TARGET CORP COM | US87612E1064 | 1.41% | $102.5M | Equity (common) | United States | USD |
| 22 | PRUDENTIAL FINANCIAL INC PRUDENTIAL FINANCIAL INC COM | US7443201022 | 1.31% | $95.8M | Equity (common) | United States | USD |
| 23 | KIMBERLY CLARK CORP KIMBERLY CLARK CORP COM | US4943681035 | 1.23% | $89.9M | Equity (common) | United States | USD |
| 24 | NIKE INC NIKE INC CL B | US6541061031 | 1.17% | $85.1M | Equity (common) | United States | USD |
| 25 | EXELON CORP EXELON CORP COM | US30161N1019 | 1.15% | $84.1M | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 99.73% | |
| Short-term investment vehicles (cash funds) | 0.04% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 94.07% | |
| Ireland | 4.82% | |
| Jersey | 0.89% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 99.77% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Health Care | 20.03% | |
| Utilities | 16.79% | |
| Finance | 13.64% | |
| Consumer Staples | 10.33% | |
| Telecommunications | 10.30% | |
| Energy | 7.67% | |
| Consumer Discretionary | 7.54% | |
| Industrials | 4.97% | |
| Technology | 0.86% | |
| Consumer Defensive | 0.03% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.9380
- 12-month yield
- 3.72%
- Frequency
- Quarterly
- Latest ex-date
- 24 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.9380) ÷ latest price ($52.07) × 100 = 3.72%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (22 payments)
| Ex-date | Amount per unit |
|---|---|
| 24 Sep 2026 | $0.5140 |
| 25 Jun 2026 | $0.4730 |
| 26 Mar 2026 | $0.4010 |
| 12 Dec 2025 | $0.5500 |
| 25 Sep 2025 | $0.4240 |
| 26 Jun 2025 | $0.4580 |
| 27 Mar 2025 | $0.3570 |
| 31 Dec 2024 | $0.3000 |
| 13 Dec 2024 | $0.4900 |
| 26 Sep 2024 | $0.3880 |
| 27 Jun 2024 | $0.4850 |
| 21 Mar 2024 | $0.3320 |
| 22 Dec 2023 | $0.5170 |
| 22 Sep 2023 | $0.3610 |
| 27 Jun 2023 | $0.4570 |
| 24 Mar 2023 | $0.3100 |
| 23 Dec 2022 | $0.3890 |
| 23 Sep 2022 | $0.4020 |
| 24 Jun 2022 | $0.2370 |
| 25 Mar 2022 | $0.2790 |
| 30 Dec 2021 | $0.3450 |
| 23 Dec 2021 | $0.4280 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000010976) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- FDL and VTI Vanguard Morningstar Total Stock Market ETF
- FDL and VOO Vanguard S&P 500 ETF
- FDL and IVV iShares Core S&P 500 ETF
- FDL and QQQ Invesco QQQ Trust, Series 1