First Trust/Dow Jones Dividend & Income Allocation Portfolio
Data updated: 2026-08-21
C000111397 — First Trust/Dow Jones Dividend & Income Allocation Portfolio. Total Return Allocation. Holdings, fees, performance and SEC filings.
C000111397 Fund Overview
First Trust/Dow Jones Dividend & Income Allocation Portfolio is a US mutual fund managed by First Trust Variable Insurance Trust, categorised as Total Return Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: First Trust Variable Insurance Trust
- Category: Total Return Allocation
- Assets under management: $733.73M
- 1-year return: 5.8%
- SEC CIK: 0001537395
- SEC series ID: S000036417
- Share class ID: C000111397
C000111397 Investment Objective and Strategy
First Trust/Dow Jones Dividend & Income Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Variable Insurance Trust.
Investment objective
"The First Trust/Dow Jones Dividend & Income Allocation Portfolio (the ""Fund"" ) seeks to provide total return by allocating among dividend-paying stocks and investment grade bonds."
Principal investment strategy
"The Fund seeks to achieve its investment objective by investing, under normal market conditions, approximately 40 60% of its net assets in equity securities and approximately 40 60% of its net assets in fixed income securities at the time of purchase. Under normal market conditions, at the time of purchase at least 80% of the Funds net assets (including investment borrowings) will be invested in securities of issuers included in a Dow Jones index. The equity portion of the portfolio will be derived from a quantitative process that seeks to provide total return through investing generally in dividend paying stocks included in the Dow Jones U.S. Total Stock Market Index SM . The Funds investment advisor reserves the right to over-weight, under-weight or exclude certain securities from the portfolio that would otherwise be selected pursuant to the quantitative process in certain instances.
The fixed income component seeks to provide income and preserve capital through investing in a diversified investment grade debt portfolio. Investment grade debt securities are those rated as investment grade by at least one nationally recognized statistical rating organization ( NRSRO ) rating such securities, or if unrated, debt securities determined by the Funds investment advisor to be of comparable quality. Additionally, for newly-issued debt securities, the Fund may consider an expected rating provided by an NRSRO as if it were a final rating. Under normal market conditions, at the time of purchase approximately 80% of the net assets of the Fund allocated to corporate debt will be invested in investment grade debt securities included in the Dow Jones Equal Weight U.S. Issued Corporate Bond Index (the Bond Index ) and other investment grade debt securities of issuers whose securities are included in the Bond Index; and investment grade debt securities of issuers included in the Dow Jones Composite Average TM .
The Fund may also invest in U.S. government and agency securities, including mortgage-backed securities. The Fund may, at certain times, also hold exchange-traded funds ( ETFs ) that invest in investment grade corporate debt securities and U.S. government bonds in lieu of investing directly in such securities. Corporate debt securities are fixed income securities issued by businesses to finance their operations. Notes, bonds, debentures and commercial paper are the most common types of corporate debt securities, with the primary differences being their maturities and secured or unsecured status. Commercial paper has the shortest term and is usually unsecured. Corporate debt may be rated investment grade or below investment grade and may carry fixed or floating rates of interest. The Fund may also invest in companies with various market capitalizations and when-issued, to-be-announced ( ""TBA"" ) and delayed delivery securities.
As of March 2, 2026, the Fund had significant investments in financial companies, although this may change from time to time. Over time, the Fund may have significant investments in investment sectors that it may not have had as of March 2, 2026. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector."
C000111397 Holdings
Top 10 holdings of First Trust/Dow Jones Dividend & Income Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Unitedhealth Group, Inc. | 0.56% |
| American Water Capital Corp. | 0.55% |
| Morgan Stanley Institutional Liquidity Funds | 0.48% |
| Bank Of America Corp. | 0.48% |
| Amphenol Corp. | 0.46% |
| Ryman Hospitality Properties, Inc. | 0.46% |
| Watts Water Technologies, Inc. | 0.45% |
| Acuity, Inc. | 0.45% |
| Peco Energy Company | 0.45% |
| Voya Financial, Inc. | 0.44% |
C000111397 Portfolio Allocation
Asset-class allocation of First Trust/Dow Jones Dividend & Income Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 51.6% |
| Fixed Income | 47.3% |
| Cash & Equivalents | 0.5% |
C000111397 Performance
Total returns for C000111397 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.6% |
| 1 year | 5.8% |
| 3 years (annualised) | 7.4% |
| 5 years (annualised) | 3.3% |
C000111397 Risk Information
Risk metrics for C000111397, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.0%
C000111397 Costs and Fees
C000111397 costs about $118 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.18%
- Gross expense ratio: 1.18%
- Portfolio turnover: 67%
- Brokerage commissions: 1.29 bps of average net assets (SEC N-CEN)
C000111397 Cashflows
Over the 12 months to 2026-03, First Trust/Dow Jones Dividend & Income Allocation Portfolio had net outflows of $79.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$10.36M |
| 2026-02 | −$8.64M |
| 2026-01 | −$7.12M |
| 2025-12 | $3.10M |
| 2025-11 | −$6.89M |
| 2025-10 | −$55.43M |
C000111397 Debt Constituents
Largest debt holdings of First Trust/Dow Jones Dividend & Income Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Unitedhealth Group, Inc. | 0.56% |
| American Water Capital Corp. | 0.55% |
| Bank Of America Corp. | 0.48% |
| Peco Energy Company | 0.45% |
| Wells Fargo & Company | 0.41% |
| Amgen, Inc. | 0.41% |
| American Express Company | 0.41% |
| Brown & Brown, Inc. | 0.38% |
| Hca, Inc. | 0.35% |
| Bank Of America Corp. | 0.35% |
C000111397 Prospectus and SEC Filings
Official First Trust/Dow Jones Dividend & Income Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Total Return Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.