First Trust S&P International Dividend Aristocrats ETF begins trading under ticker symbol FID
First Trust announced today that the First Trust S&P International Dividend Aristocrats ETF began trading on The Nasdaq Stock Market LLC under the ticker symbol FID. The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the S&P International Dividend Aristocrats Index. The index is designed to measure the performance of high dividend-yielding, non-U.S. companies that have followed a managed-dividends policy of increasing or maintaining dividends for at least 10 consecutive years. Prior to August 30, 2018, the fund’s investment objective was to seek to track the NASDAQ International Multi-Asset Diversified Income Index. The fund, formerly known as International Multi-Asset Diversified Income Index Fund, previously traded under the ticker symbol YDIV.