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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.
  • 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
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*0.57%
Net Expense Ratio*0.57%
* As of 2/1/2021
Expenses are capped contractually at 0.60% per year, at least until January 31, 2022.
Current Fund Data (as of 7/23/2021)
Closing NAV1$25.55
Closing Market Price2$25.60
Bid/Ask Midpoint$25.61
Bid/Ask Premium0.23%
30-Day Median Bid/Ask Spread30.12%
Total Net Assets$545,490,188
Outstanding Shares21,350,002
Daily Volume59,697
Average 30-Day Daily Volume159,076
Closing Market Price 52-Week High/Low$27.47 / $17.48
Closing NAV 52-Week High/Low$27.41 / $17.50
Number of Holdings (excluding cash)97
Top Holdings (as of 7/23/2021)*
Holding Percent
Labrador Iron Ore Royalty Corp. 2.28%
Fortescue Metals Group Limited 2.05%
Meritz Securities Co., Ltd. 1.71%
Enagas S.A. 1.70%
Telefonica, S.A. 1.58%
British American Tobacco Plc 1.53%
Industrial Bank of Korea (IBK) 1.53%
Mapfre S.A. 1.39%
Shaw Communications, Inc. (Class B) 1.39%
Red Electrica Corporacion S.A. 1.36%

* 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 7/25/2021)4$0.3933
30-Day SEC Yield (as of 6/30/2021)54.49%
Unsubsidized 30-Day SEC Yield (as of 6/30/2021)64.49%
12-Month Distribution Rate (as of 6/30/2021)74.22%
Index Yield (as of 6/30/2021)85.50%
Fund Characteristics (as of 6/30/2021)10
Maximum Market Cap.$205,489
Median Market Cap.$9,326
Minimum Market Cap.$1,391
Price/Earnings9.73
Price/Book0.97
Price/Cash Flow7.10
Price/Sales0.83
Top Country Exposure (as of 7/23/2021)
Country Percent
Canada 14.81%
United States 12.90%
South Korea 11.78%
Spain 9.71%
Hong Kong 9.54%
United Kingdom 8.66%
Japan 6.02%
Italy 5.70%
Australia 3.12%
Switzerland 2.73%
Bid/Ask Premium/Discount (as of 7/23/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 67 46 55 13
Days Traded at Discount 186 15 8 3
Top Sector Exposure (as of 7/23/2021)
Financials 47.07%
Communication Services 11.32%
Utilities 9.30%
Materials 9.22%
Consumer Staples 6.05%
Real Estate 4.92%
Energy 4.71%
Industrials 3.20%
Consumer Discretionary 3.05%
Information Technology 1.16%
Hypothetical Growth of $10,000 Since Inception (as of 7/23/2021) *