Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 
First Trust Global Engineering and Construction ETF (FLM)
  • 2021 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a short term and/or 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.
  • May 14, 2021 – First Trust Advisors L.P. (“FTA”) announced that, First Trust Global Engineering and Construction ETF will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Alerian US NextGen Infrastructure Index (the “New Index”). Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the ISE Global Engineering and Construction Index. Additionally, the Fund’s name is expected to change to First Trust Alerian US NextGen Infrastructure ETF and its new ticker symbol is expected to be RBLD. The Fund’s shares will continue to be listed for trading on NYSE Arca, Inc. and S-Network Global Indexes Inc. will serve as the Fund’s index provider. These changes will be implemented as soon as practicable after Fund shareholders approve certain matters by proxy related to these changes, including the approval of a new investment advisory agreement between the Fund and First Trust Advisors L.P. More information can be found here.
Investment Objective/Strategy - First Trust Global Engineering and Construction ETF 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 the Fund's fees and expenses, of the ISE Global Engineering and Construction Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The index specifically targets companies that are engaged in large civil and capital projects such as infrastructure, utilities, transportation, telecommunications, commercial, residential, and commerce facilities and whose roles are within the engineering, designing, planning, consulting, project managing, and/or constructing of these projects.To be included in the index, a company must receive at least 70% of revenues from these types of services and projects based on the reportable segment/division from its most recent annual report.
  • The companies must meet market capitalization and weighting concentration requirements for inclusion in the index.
  • The index uses a linear-based capitalization-weighted methodology for the group of companies.The resulting linear weight distribution prevents a few large component stocks from dominating the index while allowing smaller companies to adequately influence index performance.
  • Index components are reviewed semi-annually for eligibility, and the weights are re-set according to that distribution.
Fund Overview
TickerFLM
Fund TypeForeign Equity
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33736M103
ISINUS33736M1036
Intraday NAVFLMIV
Fiscal Year-End09/30
ExchangeNYSE Arca
Inception10/13/2008
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencySemi-Annual
Gross Expense Ratio*1.43%
Net Expense Ratio*0.70%
* As of 2/1/2021
Expenses are capped contractually at 0.70% per year, at least until January 31, 2022.
Current Fund Data (as of 11/29/2021)
Closing NAV1$53.22
Closing Market Price2$53.21
Bid/Ask Midpoint$53.21
Bid/Ask Discount0.02%
30-Day Median Bid/Ask Spread30.57%
Total Net Assets$10,644,436
Outstanding Shares200,002
Daily Volume698
Average 30-Day Daily Volume1,316
Closing Market Price 52-Week High/Low$59.36 / $47.63
Closing NAV 52-Week High/Low$59.19 / $47.63
Number of Holdings (excluding cash)59
Top Holdings (as of 11/29/2021)*
Holding Percent
Quanta Services, Inc. 4.41%
Kingspan Group Plc 4.08%
AECOM 3.64%
Jacobs Engineering Group Inc. 3.62%
KBR, Inc. 3.38%
Dycom Industries, Inc. 3.07%
Stantec Inc. 3.06%
Fluor Corporation 3.05%
Vinci S.A. 2.99%
Bouygues S.A. 2.76%

* 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 11/30/2021)4$0.1370
30-Day SEC Yield (as of 10/29/2021)51.09%
Unsubsidized 30-Day SEC Yield (as of 10/29/2021)60.53%
12-Month Distribution Rate (as of 10/29/2021)71.41%
Index Yield (as of 10/29/2021)82.46%
Fund Characteristics (as of 10/29/2021)10
Maximum Market Cap.$61,341
Median Market Cap.$3,226
Minimum Market Cap.$485
Price/Earnings13.91
Price/Book1.49
Price/Cash Flow9.05
Price/Sales0.46
Top Country Exposure (as of 11/29/2021)
Country Percent
United States 28.66%
Japan 27.21%
France 8.39%
Canada 5.44%
Sweden 5.16%
Ireland 4.10%
The Netherlands 3.61%
South Korea 3.32%
Spain 3.17%
Australia 2.77%
Bid/Ask Premium/Discount (as of 11/29/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 109 45 46 42
Days Traded at Discount 144 16 17 22
Top Sector Exposure (as of 11/29/2021)
Industrials 99.26%
Utilities 0.71%
Energy 0.03%
Hypothetical Growth of $10,000 Since Inception (as of 11/29/2021) *