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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.
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The Index universe is defined as all component companies of the 25 developed-market country indexes
in the Dow Jones Global Indexes (DJGI) family.
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To be considered for the Index, companies in the Index universe must pass eligibility screens for
dividend quality and liquidity.The company must:
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Pay a current dividend.
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Have a current-year dividend-per-share ratio that is greater than or equal to its five-year average
annual dividend-per-share ratio.
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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.
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Have a minimum three-month daily average trading volume of $3 million.
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Stocks meeting all eligibility requirements are ranked by dividend yield.
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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:
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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.
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All current Index component stocks that are among the top 150 stocks are included in the Index.
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Noncomponent stocks are added to the Index based on their rankings until the component count reaches 100.
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Component weightings are assigned based on dividend yield. Weights of individual component
stocks are capped at 10%.
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The Index is reconstituted and adjusted annually in March.
Ticker | FGD |
Fund Type | Global Equity Income |
Investment Advisor | First Trust Advisors L.P. |
Investor Servicing Agent | Bank of New York Mellon |
CUSIP | 33734X200 |
ISIN | US33734X2009 |
Intraday NAV | FGDIV |
Fiscal Year-End | 09/30 |
Exchange | NYSE Arca |
Inception | 11/21/2007 |
Inception Price | $30.00 |
Inception NAV | $30.00 |
Rebalance Frequency | Annual |
Gross Expense Ratio* | 0.58% |
Net Expense Ratio* | 0.58% |
* As of 2/1/2019
Expenses are capped contractually at 0.60% per year, at least until January 31, 2020.
Closing NAV1 | $23.65 |
Closing Market Price2 | $23.71 |
Bid/Ask Midpoint | $23.70 |
Bid/Ask Premium | 0.22% |
Total Net Assets | $491,869,287 |
Outstanding Shares | 20,800,002 |
Daily Volume | 82,112 |
Average 30-Day Daily Volume | 124,562 |
Closing Market Price 52-Week High/Low | $26.70 / $21.06 |
Closing NAV 52-Week High/Low | $26.67 / $21.19 |
Number of Holdings | 102 |
Maximum Market Cap. | $253,746 |
Median Market Cap. | $13,189 |
Minimum Market Cap. | $1,031 |
Price/Earnings | 11.94 |
Price/Book | 1.37 |
Price/Cash Flow | 7.54 |
Price/Sales | 0.82 |
Holding |
Percent |
CenturyLink, Inc. |
1.88% |
Element Fleet Management Corp. |
1.88% |
Fortescue Metals Group Limited |
1.84% |
Galliford Try Plc |
1.74% |
SES S.A. |
1.62% |
Spark New Zealand Limited |
1.60% |
GUESS?, Inc. |
1.53% |
EDP - Energias de Portugal, S.A. |
1.44% |
PCCW Limited |
1.40% |
GameStop Corp. (Class A) |
1.35% |
Holdings are subject to change.
Country |
Percent |
Australia |
15.59% |
United States |
14.44% |
Canada |
13.94% |
United Kingdom |
11.79% |
France |
7.98% |
Finland |
4.79% |
Spain |
4.24% |
Sweden |
4.06% |
Hong Kong |
3.02% |
Italy |
2.94% |
Past performance is not indicative of future results.
Among 275 funds in the Foreign Large Value category. This fund was rated 4 stars/275 funds (3 years), 4 stars/229 funds (5 years), 5 stars/150 funds (10 years).
Number of Days Bid/Ask Midpoint Above NAV
Quarter Ended |
0-49 Basis Points |
50-99 Basis Points |
100-199 Basis Points |
>=200 Basis Points |
12/31/2018 |
30 |
3 |
0 |
0 |
9/30/2018 |
35 |
0 |
0 |
0 |
6/30/2018 |
38 |
2 |
0 |
0 |
3/31/2018 |
40 |
1 |
0 |
0 |
Number of Days Bid/Ask Midpoint Below NAV
Quarter Ended |
0-49 Basis Points |
50-99 Basis Points |
100-199 Basis Points |
>=200 Basis Points |
12/31/2018 |
28 |
1 |
0 |
1 |
9/30/2018 |
27 |
1 |
0 |
0 |
6/30/2018 |
23 |
0 |
1 |
0 |
3/31/2018 |
19 |
1 |
0 |
0 |
The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated.
Financials
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34.62%
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Communication Services
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18.13%
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Consumer Discretionary
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13.47%
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Utilities
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12.35%
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Energy
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6.79%
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Industrials
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5.07%
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Materials
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2.76%
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Consumer Staples
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2.74%
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Information Technology
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2.08%
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Health Care
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1.11%
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Real Estate
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0.88%
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Standard Deviation |
Alpha |
Beta |
Sharpe Ratio |
Correlation |
FGD |
10.40% |
-1.72 |
0.90 |
0.71 |
0.91 |
MSCI World Index |
10.61% |
--- |
1.00 |
0.96 |
1.00 |
Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms
on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure
of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.
Dow Jones World Developed Markets IndexSM - The Index represents 23 countries and covers approximately 95% of the float-adjusted market capitalization of Europe as a region, and all other markets at the country level. MSCI World Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of 23 developed markets around the world.
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
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