Overview
Description
The FT NASDAQ Technology Dividend Index Fund is an exchange-traded fund (ETF) designed to provide investors with exposure to technology companies that pay regular dividends. This fund tracks the performance of the NASDAQ Technology Dividend Index, which comprises a select group of technology sector stocks known for their dividend payouts. Its primary function is to offer a blend of technology growth potential with the stability of dividend income, making it attractive to those seeking diversity within the technology sector while also securing consistent returns through dividends.
The FT NASDAQ Technology Dividend Index Fund impacts industries such as software, hardware, telecommunications, and semiconductor manufacturing. By investing in companies that demonstrate both financial health and a commitment to returning value to shareholders, this ETF plays a significant role in broadening access to the financial benefits of tech innovations.
In the financial markets, the fund serves as a crucial link between high-tech growth and income-focused investments, accommodating investors who wish to partake in the technological ecosystem without sacrificing the benefits of regular dividend income.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
XNMS