First Trust Dow Jones Select MicroCap Index Fund (FDM)
Investment Objective/Strategy - The First Trust Dow Jones Select MicroCap Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the Dow Jones Select Microcap IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • This index is designed to represent microcap stocks trading on the New York Stock Exchange ("NYSE"), NYSE Amex and Nasdaq that are comparatively liquid and have strong fundamentals relative to the microcap segment as a whole.
  • Covers securities whose market capitalizations fall within a range defined by the bottom two deciles of NYSE stocks.
  • Stocks are screened based on market capitalization, trading volume, and financial indicators that include trailing price/earnings ratio, trailing price/sales ratio, per-share profit change for the previous quarter, operating profit margin and six-month total return.
Fund Overview
TickerFDM
Fund TypeMicro Cap
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33718M105
ISINUS33718M1053
Intraday NAVFDMIV
Fiscal Year-End12/31
ExchangeNYSE Arca
Inception9/27/2005
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.69%
Net Expense Ratio*0.60%
* As of 5/2/2022
Expenses are capped contractually at 0.60% per year, at least through April 30, 2023. Please see the Fees and Expenses of the Fund section in the fund’s prospectus for more details.
Current Fund Data (as of 6/24/2022)
Closing NAV1$53.58
Closing Market Price2$53.54
Bid/Ask Midpoint$53.51
Bid/Ask Discount0.13%
30-Day Median Bid/Ask Spread30.13%
Total Net Assets$144,921,097
Outstanding Shares2,705,000
Daily Volume6,012
Average 30-Day Daily Volume14,630
Closing Market Price 52-Week High/Low$66.59 / $51.17
Closing NAV 52-Week High/Low$66.53 / $51.33
Number of Holdings (excluding cash)201
Top Holdings (as of 6/24/2022)*
Holding Percent
CONSOL Energy Inc. 1.69%
Meridian Bioscience, Inc. 1.37%
Photronics, Inc. 1.32%
Ingles Markets, Incorporated 1.31%
Franklin BSP Realty Trust, Inc. 1.23%
SpartanNash Company 1.12%
The Andersons, Inc. 1.07%
Uranium Energy Corp 1.06%
AdvanSix Inc. 1.03%
Banc of California, Inc. 0.99%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 6/27/2022)4$0.2461
30-Day SEC Yield (as of 5/31/2022)51.53%
Unsubsidized 30-Day SEC Yield (as of 5/31/2022)61.43%
12-Month Distribution Rate (as of 5/31/2022)71.33%
Index Yield (as of 5/31/2022)82.47%
Fund Characteristics (as of 5/31/2022)10
Maximum Market Cap.$2,368
Median Market Cap.$562
Minimum Market Cap.$43
Price/Earnings8.97
Price/Book1.38
Price/Cash Flow6.70
Price/Sales0.71
Bid/Ask Premium/Discount (as of 6/24/2022)