FIDUSCDT Fidelity Core Dividend Total Return Index
This is the total return version of FIDUSCDP. The Index starts with the top 1000 U.S. stocks by market capitalization. The Index then scores those stocks using a composite scoring system: 1) Dividend Yield: Trailing dividend over last twelve months over price per share; 2) Payout Ratio: Trailing dividends over last twelve months over earnings per share; 3) Dividend Growth: Trailing dividends over last twelve months over trailing dividends from one year ago; Each of the four factors is given a different weight in the composite score: dividend yield: 70%, payout ratio: 15%, dividend growth: 15%. The index ends up selecting about 100 stocks by first eliminating any stocks that don't pay a dividend and then eliminating the top 5% of stocks with the highest dividend payout ratio. The index then uses a complex system to select the top scoring stocks in each sector.
330.06
As of 03/31/2017
Index Information
Provider: Fidelity
Category1: US Equity
Category2: Broad market
Category3: Large and mid cap
Currency: USD
Inception date: 08/01/2016
Backtesting data exists: Yes
Weighting methodology: Dividend weighted
Methdology guide: Read PDF
Number of holdings: 100
Total return version: FIDUSCDP
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