First Trust NASDAQ Technology Dividend Index Fund
TDIV
NASDAQ Global Market- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that tracks the NASDAQ Technology Dividend Index, investing primarily in dividend-paying U.S.-listed technology, telecommunications, and select communications services companies. The fund holds a modified dividend-weighted portfolio of up to 100 securities, with technology stocks comprising up to 80% of assets and telecommunications up to 20%; top holdings include Oracle Corporation and Broadcom Inc., spanning electronic technology (approximately 49%), technology services (32%), and communications (13%). It offers investors exposure to high-dividend yield names in these sectors through passive management, quarterly rebalancing, and semi-annual reconstitution, while limiting holdings to companies that have not decreased dividends in the past year. Launched on August 13, 2012, and domiciled in the United States, TDIV is advised by First Trust Advisors L.P., an affiliate of First Trust Portfolios L.P., with headquarters in Wheaton, Illinois; the fund trades on Nasdaq with approximately $3.85 billion in assets under management and a net expense ratio of 0.50%. Recent developments include a significant new investment by Mainstay Capital Management, which acquired 961,923 shares valued at $94.84 million in Q3 2025, marking TDIV as 9.51% of its reportable assets and elevating it to a top holding amid optimism for AI-driven growth in tech dividends. First Trust Portfolios L.P. faced a $10 million FINRA fine in November 2025 for non-cash compensation violations related to ETF distributions, including supervisory and recordkeeping lapses, with required annual compliance certifications for three years. The fund has also seen dividend increases, such as to $0.2703 per share in March 2025, and transformation into a high-growth tech play outperforming the S&P 500 and Nasdaq-100 in recent years despite excluding mega-caps.