First Trust Morningstar Div Leaders ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDL’s performance objective and investment process is for both security selection and portfolio construction.
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