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First Trust Dow Jones Global Select Dividend Index Fund (FGD)
  • 2022 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.

  • On October 24th, 2022, the Board of Trustees of First Trust's ETFs approved a management fee breakpoint policy that will make all ETFs in the complex eligible for a reduction in the management fee charged on assets that exceed certain AUM thresholds. The goal of this policy is to offer reductions in management fees paid by shareholders of larger First Trust ETFs through a process that is transparent and understandable for all investors.
    Effective November 1st, 2022, the management fee paid by any First Trust ETF with assets exceeding $2.5 Billion will decrease, with larger and increased reductions for assets above $5 Billion, $7.5 Billion, $10 Billion and $15 Billion.

    Full details of the policy and additional breakpoint levels can be seen in each fund’s Statement of Additional Information.
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
Fund TypeGlobal Equity Income
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End09/30
ExchangeNYSE Arca
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyAnnual
Gross Expense Ratio*0.57%
Net Expense Ratio*0.57%
* As of 2/1/2022
Expenses are capped contractually at 0.60% per year, at least through January 31, 2023. The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Current Fund Data (as of 12/2/2022)
Closing NAV1$22.38
Closing Market Price2$22.35
Bid/Ask Midpoint$22.34
Bid/Ask Discount0.18%
30-Day Median Bid/Ask Spread30.09%
Total Net Assets$552,710,972
Outstanding Shares24,700,002
Daily Volume246,845
Average 30-Day Daily Volume175,520
Closing Market Price 52-Week High/Low$26.73 / $18.30
Closing NAV 52-Week High/Low$26.63 / $18.35
Number of Holdings (excluding cash)98
Top Holdings (as of 12/2/2022)*
Holding Percent
Fortescue Metals Group Limited 2.80%
Compania de Distribucion Integral Logista Holdings, SA 1.89%
Mitsui O.S.K. Lines, Ltd. 1.63%
ACS, Actividades de Construccion y Servicios, S.A. 1.60%
A.P. Moeller - Maersk A/S (Class A) 1.57%
Rio Tinto Plc 1.57%
Japan Tobacco, Inc. 1.48%
Mapfre S.A. 1.44%
Super Retail Group Limited 1.34%
H&R Block, Inc. 1.32%

* 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 12/5/2022)4$0.3401
30-Day SEC Yield (as of 10/31/2022)56.94%
Unsubsidized 30-Day SEC Yield (as of 10/31/2022)66.94%
12-Month Distribution Rate (as of 10/31/2022)76.96%
Index Yield (as of 10/31/2022)87.75%
Fund Characteristics (as of 11/30/2022)10
Maximum Market Cap.$155,830
Median Market Cap.$7,276
Minimum Market Cap.$743
Price/Cash Flow4.86
Top Country Exposure (as of 12/2/2022)
Country Percent
South Korea 14.01%
United Kingdom 10.00%
Japan 9.17%
Spain 9.12%
Canada 8.79%
United States 8.52%
Hong Kong 7.02%
Australia 5.85%
Italy 5.21%
The Netherlands 4.11%
Bid/Ask Premium/Discount (as of 12/2/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 177 57 41 42
Days Traded at Discount 75 5 21 22
Top Sector Exposure (as of 12/2/2022)
Financials 45.09%
Materials 10.61%
Industrials 8.41%
Communication Services 7.37%
Consumer Discretionary 7.36%
Utilities 6.35%
Consumer Staples 6.11%
Real Estate 4.66%
Energy 4.04%
Hypothetical Growth of $10,000 Since Inception (as of 12/2/2022) *