First Trust Dow Jones Global Select Dividend Index Fund (FGD)
Investment Objective/Strategy - First Trust Dow Jones Global Select Dividend Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Dow Jones Global Select Dividend Index.
There can be no assurance that the Fund's investment objectives will be achieved.
Index Description According to the Index Provider
  • The Index universe is defined as all component companies of the 25 developed-market country indexes in the Dow Jones Global Indexes (DJGI) family.
  • To be considered for the Index, companies in the Index universe must pass eligibility screens for dividend quality and liquidity.The company must:
    • Pay a current dividend.
    • Have a current-year dividend-per-share ratio that is greater than or equal to its five-year average annual dividend-per-share ratio.
    • Have a five-year average payout ratio of less than or equal to 60% for U.S. and European companies; or less than or equal to 80% for all other countries.
    • Have a minimum three-month daily average trading volume of $3 million.
  • Stocks meeting all eligibility requirements are ranked by dividend yield.
  • The top 100 highest-yielding stocks are selected for inclusion in the Index, subject to buffers designed to limit turnover by favoring current Index components:
    • Stocks in the Index universe are ranked in descending order by indicated annual dividend yield, defined as a stock's unadjusted indicated annual dividend (not including any special dividends) divided by its unadjusted price.
    • All current Index component stocks that are among the top 150 stocks are included in the Index.
    • Noncomponent stocks are added to the Index based on their rankings until the component count reaches 100.
    • Component weightings are assigned based on dividend yield. Weights of individual component stocks are capped at 10%.
  • The Index is reconstituted and adjusted annually in March.
Fund Overview
TickerFGD
Fund TypeGlobal Equity Income
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33734X200
ISINUS33734X2009
Intraday NAVFGDIV
Fiscal Year-End09/30
ExchangeNYSE Arca
Inception11/21/2007
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyAnnual
Gross Expense Ratio*0.56%
Net Expense Ratio*0.56%
* As of 2/1/2024
Expenses are capped contractually at 0.60% per year, at least through January 31, 2025.
Current Fund Data (as of 2/26/2024)
Closing NAV1$22.08
Closing Market Price2$22.05
Bid/Ask Midpoint$22.06
Bid/Ask Discount0.09%
30-Day Median Bid/Ask Spread (as of 2/23/2024)30.05%
Total Net Assets$546,409,867
Outstanding Shares24,750,002
Daily Volume98,198
Average 30-Day Daily Volume265,632
Closing Market Price 52-Week High/Low$23.18 / $19.81
Closing NAV 52-Week High/Low$23.12 / $19.89
Number of Holdings (excluding cash)98
Top Holdings (as of 2/23/2024)*
Holding Percent
Mitsui O.S.K. Lines, Ltd. 3.05%
Nippon Yusen K.K. 2.51%
Peyto Exploration & Development Corp. 1.83%
Hyundai Motor Company (2nd Preference) 1.80%
Industrial Bank of Korea (IBK) 1.79%
JB Hi-Fi Limited 1.70%
Woori Financial Group Inc. 1.67%
Fortescue Ltd. 1.64%
BNK Financial Group Inc. 1.59%
Sitio Royalties Corp. (Class A) 1.49%

* 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 2/27/2024)4$0.4655
30-Day SEC Yield (as of 1/31/2024)57.21%
Unsubsidized 30-Day SEC Yield (as of 1/31/2024)67.21%
12-Month Distribution Rate (as of 1/31/2024)76.50%
Index Yield (as of 1/31/2024)87.67%
Fund Characteristics (as of 1/31/2024)9
Maximum Market Cap.$157,991
Median Market Cap.$7,821
Minimum Market Cap.$787
Price/Earnings7.86
Price/Book0.81
Price/Cash Flow5.36
Price/Sales0.72
Top Country Exposure (as of 2/23/2024)
Country Percent
South Korea 14.98%
Canada 12.35%
Japan 10.21%
United States 8.60%
Spain 7.16%
United Kingdom 6.20%
Australia 5.78%
Germany 5.22%
Italy 4.94%
Hong Kong 4.88%
Bid/Ask Premium/Discount (as of 2/26/2024)
  2023 Q1 2024 Q2 2024 Q3 2024
Days Traded at Premium 154 12 --- ---
Days Traded at Discount 96 26 --- ---
Top Sector Exposure (as of 2/23/2024)
Financials 37.38%
Industrials 12.60%
Materials 10.61%
Consumer Discretionary 8.75%
Energy 7.94%
Communication Services 7.71%
Utilities 6.33%
Consumer Staples 5.80%
Real Estate 2.88%
Hypothetical Growth of $10,000 Since Inception (as of 2/23/2024) *