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First Trust Global Engineering and Construction ETF (FLM)
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
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 5/5/2021)
Closing NAV1$57.90
Closing Market Price2$58.24
Bid/Ask Midpoint$58.25
Bid/Ask Premium0.60%
30-Day Median Bid/Ask Spread30.51%
Total Net Assets$8,685,538
Outstanding Shares150,002
Daily Volume411
Average 30-Day Daily Volume2,081
Closing Market Price 52-Week High/Low$58.24 / $36.53
Closing NAV 52-Week High/Low$57.90 / $36.64
Number of Holdings (excluding cash)56
Top Holdings (as of 5/5/2021)*
Holding Percent
MasTec, Inc. 4.31%
Quanta Services, Inc. 3.96%
Jacobs Engineering Group Inc. 3.63%
AECOM 3.38%
KBR, Inc. 3.38%
Vinci S.A. 3.20%
EMCOR Group, Inc. 3.00%
Skanska AB (Class B) 2.91%
Kingspan Group Plc 2.90%
Eiffage SA 2.88%

* 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 5/6/2021)4$0.2507
30-Day SEC Yield (as of 3/31/2021)50.23%
Unsubsidized 30-Day SEC Yield (as of 3/31/2021)60.17%
12-Month Distribution Rate (as of 3/31/2021)71.38%
Index Yield (as of 3/31/2021)81.79%
For funds with certain equity strategies, due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain of the issuers of the securities included in the fund may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "12-Month Distribution Rate," which is based on the fund's trailing 12-month ordinary distributions, will likely be higher, and in some cases significantly higher, than the actual 12-month distribution rate achieved by the fund.
Fund Characteristics (as of 4/30/2021)10
Maximum Market Cap.$62,128
Median Market Cap.$3,419
Minimum Market Cap.$820
Price/Earnings15.72
Price/Book1.53
Price/Cash Flow9.98
Price/Sales0.50
Top Country Exposure (as of 5/5/2021)
Country Percent
United States 29.49%
Japan 27.29%
France 8.90%
Sweden 5.86%
Canada 4.69%
Spain 3.90%
South Korea 3.58%
Australia 3.09%
Ireland 2.91%
The Netherlands 2.53%
Bid/Ask Premium/Discount (as of 5/5/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 109 45 13 ---
Days Traded at Discount 144 16 11 ---
Top Sector Exposure (as of 5/5/2021)
Industrials 99.40%
Utilities 0.60%
Hypothetical Growth of $10,000 Since Inception (as of 5/5/2021) *