FUND
NAME |
TICKER
SYMBOL |
EXCHANGE |
First
Trust Active Factor Large Cap ETF |
AFLG |
NYSE
Arca |
First
Trust Active Factor Mid Cap ETF |
AFMC |
NYSE
Arca |
First
Trust Active Factor Small Cap ETF |
AFSM |
NYSE
Arca |
Portfolio
Turnover Rate
| ||
Fund |
Fiscal Year
Ended August 31, | |
2022 |
2021 | |
First Trust
Active Factor Large Cap ETF |
61% |
70% |
First Trust
Active Factor Mid Cap ETF |
80% |
80% |
First Trust
Active Factor Small Cap ETF |
73% |
86% |
Name
and
Year of
Birth |
Position
and
Offices
with
Trust |
Term
of
Office
and
Year
First
Elected
or
Appointed |
Principal
Occupations
During
Past 5 Years |
Number
of
Portfolios
in the
First
Trust
Fund
Complex
Overseen
by
Trustee |
Other
Trusteeships
or
Directorships
Held
by
Trustee
During
the
Past 5
Years |
TRUSTEE
WHO IS AN INTERESTED PERSON OF THE TRUST | |||||
James A.
Bowen (1)
1955 |
Chairman of
the
Board and
Trustee |
•Indefinite
term
•Since
inception |
Chief
Executive Officer, First Trust
Advisors
L.P. and First Trust Portfolios
L.P.;
Chairman of the Board of Directors,
BondWave
LLC (Software Development
Company)
and Stonebridge Advisors LLC
(Investment
Advisor) |
223
Portfolios |
None |
INDEPENDENT
TRUSTEES | |||||
Richard E.
Erickson
1951 |
Trustee |
•Indefinite
term
•Since
inception |
Physician,
Edward-Elmhurst Medical
Group;
Physician and Officer, Wheaton
Orthopedics
(1990 to 2021) |
223
Portfolios |
None |
Thomas R.
Kadlec
1957 |
Trustee |
•Indefinite
term
•Since
inception |
Retired;
President, ADM Investor
Services,
Inc. (Futures Commission
Merchant)
(2010 to July 2022) |
223
Portfolios |
Director,
National
Futures
Association;
formerly,
Director
of ADM
Investor
Services,
Inc.,
ADM
Investor
Services
International,
ADMIS Hong
Kong
Ltd., ADMIS
Singapore
Ltd. and
Futures
Industry
Association |
Denise M.
Keefe
1964 |
Trustee |
•Indefinite
term
•Since
2021 |
Executive
Vice President, Advocate
Aurora
Health and President, Advocate
Aurora
Continuing Health Division
(Integrated
Healthcare System) |
223
Portfolios |
Director
and Board
Chair of
Advocate
Home Health
Services,
Advocate
Home Care
Products
and
Advocate
Hospice;
Director
and Board
Chair of
Aurora At
Home (since
2018);
Director of
Advocate
Physician
Partners
Accountable
Care
Organization;
Director
and Board
Chair of
RML Long
Term Acute
Care
Hospitals;
and
Director of
Senior
Helpers
(since
2021) |
Robert F.
Keith
1956 |
Trustee |
•Indefinite
term
•Since
inception |
President,
Hibs Enterprises (Financial and
Management
Consulting) |
223
Portfolios |
Formerly,
Director
of Trust
Company
of
Illinois |
Niel B.
Nielson
1954 |
Trustee |
•Indefinite
term
•Since
inception |
Senior
Advisor (2018 to present),
Managing
Director and Chief Operating
Officer
(2015 to 2018), Pelita Harapan
Educational
Foundation (Educational
Products
and Services) |
223
Portfolios |
None |
Name
and
Year
of Birth |
Position
and
Offices
with Trust |
Term
of Office and
Length
of Service |
Principal
Occupations
During
Past 5 Years |
OFFICERS
OF THE TRUST | |||
James
M. Dykas
1966 |
President
and Chief
Executive
Officer |
•Indefinite
term
•Since
inception |
Managing
Director and Chief Financial Officer, First
Trust
Advisors L.P. and First Trust Portfolios L.P.;
Chief
Financial Officer, BondWave LLC (Software
Development
Company) and Stonebridge Advisors
LLC
(Investment Advisor) |
W.
Scott Jardine
1960 |
Secretary
and Chief Legal
Officer |
•Indefinite
term
•Since
inception |
General
Counsel, First Trust Advisors L.P. and First
Trust
Portfolios L.P.; Secretary and General Counsel,
BondWave
LLC; and Secretary, Stonebridge Advisors
LLC |
Daniel
J. Lindquist
1970 |
Vice
President |
•Indefinite
term
•Since
inception |
Managing
Director, First Trust Advisors L.P. and First
Trust
Portfolios L.P. |
Kristi
A. Maher
1966 |
Chief
Compliance Officer
and
Assistant Secretary |
•Indefinite
term
•Since
inception |
Deputy
General Counsel, First Trust Advisors L.P.
and
First Trust Portfolios L.P. |
Donald
P. Swade
1972 |
Treasurer,
Chief Financial
Officer
and Chief
Accounting
Officer |
•Indefinite
term
•Since
inception |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Roger
F. Testin
1966 |
Vice
President |
•Indefinite
term
•Since
inception |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Stan
Ueland
1970 |
Vice
President |
•Indefinite
term
•Since
inception |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Name
of Trustee |
Total
Compensation from
the Funds
(1)
|
Total
Compensation from
the First
Trust Fund Complex (2)
|
Richard E.
Erickson |
$11,085 |
$509,393 |
Thomas R.
Kadlec |
$11,085 |
$509,393 |
Denise M.
Keefe (3) |
$8,290 |
$125,813 |
Robert F.
Keith |
$11,085 |
$499,393 |
Niel B.
Nielson |
$11,086 |
$519,393 |
Trustee |
Dollar
Range of
Equity
Securities
in the Funds
(Number of
Shares
Held) |
Aggregate
Dollar
Range of
Equity
Securities
in All
Registered
Investment
Companies
Overseen
by Trustee
in the First
Trust Fund
Complex |
Interested
Trustee | ||
James A.
Bowen |
None |
Over $100,000
|
Trustee |
Dollar
Range of Equity
Securities
in the Funds
(Number of
Shares
Held) |
Aggregate
Dollar
Range of
Equity
Securities
in All
Registered
Investment
Companies
Overseen
by Trustee
in the First
Trust Fund
Complex |
Independent
Trustees | ||
Richard E.
Erickson |
None |
Over
$100,000 |
Thomas R.
Kadlec |
None |
Over
$100,000 |
Denise M.
Keefe(1)
|
None |
None |
Robert F.
Keith |
None |
Over
$100,000 |
Niel B.
Nielson |
None |
Over
$100,000 |
Fund |
Unitary
Management Fee |
First
Trust Active Factor Large Cap ETF |
0.55%
|
Fund |
Unitary
Management Fee |
First
Trust Active Factor Mid Cap ETF |
0.65% |
First
Trust Active Factor Small Cap ETF |
0.75% |
Management
Fee |
Breakpoints |
0.55000% |
Fund net
assets up to and including $2.5 billion |
0.53625% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.52250% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.50875% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.49500% |
Fund net
assets greater than $10 billion up to and including $15
billion |
0.46750% |
Fund net
assets greater than $15
billion |
Management
Fee |
Breakpoints |
0.65000% |
Fund net
assets up to and including $2.5 billion |
0.63375% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.61750% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.60125% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.58500% |
Fund net
assets greater than $10 billion up to and including $15
billion |
0.55250% |
Fund net
assets greater than $15
billion |
Management
Fee |
Breakpoints |
0.75000% |
Fund net
assets up to and including $2.5 billion |
0.73125% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.71250% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.69375% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.67500% |
Fund net
assets greater than $10 billion up to and including $15
billion |
0.63750% |
Fund net
assets greater than $15
billion |
Amount of
Unitary Fees
| ||||
Fund |
Inception
Date |
Fiscal Year
Ended
August
31, |
Fiscal
Period
Ended
August
31,
2020 | |
2022 |
2021 | |||
First Trust
Active Factor Large Cap ETF |
12/3/2019 |
$24,459 |
$28,106 |
$7,828 |
First Trust
Active Factor Mid Cap ETF |
12/3/2019 |
$11,622 |
$12,002 |
$8,623 |
First Trust
Active Factor Small Cap ETF |
12/3/2019 |
$18,973 |
$14,709 |
$9,817 |
Name |
Position
with
First
Trust |
Length
of Service
with
First Trust |
Principal
Occupation During Past Five Years |
Daniel
J. Lindquist |
Chairman of
the
Investment
Committee
and Managing
Director |
Since
2004 |
Managing
Director, First Trust Advisors L.P.
and
First Trust Portfolios L.P. |
Jon
C. Erickson |
Senior Vice
President |
Since
1994 |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
David
G. McGarel |
Chief
Operating Officer,
Chief
Investment Officer
and Managing
Director |
Since
1997 |
Chief
Operating Officer (2016 to present),
Chief
Investment Officer, Managing
Director,
First Trust Advisors L.P.
and
First Trust Portfolios L.P. |
Roger
F. Testin |
Senior Vice
President |
Since
2001 |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Stan
Ueland |
Senior Vice
President |
Since
2005 |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Chris
A. Peterson |
Senior Vice
President |
Since
2000 |
Senior
Vice President, First Trust Advisors L.P. and
First
Trust Portfolios L.P. |
Chris
Bush |
Vice
President |
Since
2005 |
Vice
President of Strategy Research, First Trust
Advisors
L.P. and First Trust Portfolios L.P. |
Erik
Russo |
Vice
President |
Since
2010 |
Vice
President, First Trust Advisors
L.P. |
Portfolio
Manager |
Registered
Investment
Companies
Number of
Accounts
($
Assets) |
Other
Pooled
Investment
Vehicles
Number of
Accounts
($
Assets) |
Other
Accounts
Number of
Accounts
($
Assets) |
Daniel J.
Lindquist |
115
($83,533,768,531) |
44
($1,818,606,610) |
1,433
($507,137,315) |
David G.
McGarel |
116
($83,536,804,217) |
44
($1,818,606,610) |
1,433
($507,137,315) |
Jon C.
Erickson |
113
($83,483,325,477) |
44
($1,818,606,610) |
1,433
($507,137,315) |
Roger F.
Testin |
113
($83,483,325,477) |
44
($1,818,606,610) |
1,433
($507,137,315) |
Stan
Ueland |
107
($82,441,627,028) |
37
($1,710,620,968) |
N/A |
Chris A.
Peterson |
116
($83,536,804,217) |
44
($1,818,606,610) |
1,433
($507,137,315) |
Erik
Russo |
107
($82,441,627,028) |
37
($1,710,620,968) |
N/A |
Chris
Bush |
N/A |
N/A |
N/A |
Aggregate
Amount of Brokerage Commissions
| ||||
Fund |
Inception
Date |
Fiscal Year
Ended
August
31, |
Fiscal
Period
Ended
August
31,
2020 | |
2022 |
2021 | |||
First Trust
Active Factor Large Cap ETF |
12/3/2019 |
$600 |
$819 |
$281 |
First Trust
Active Factor Mid Cap ETF |
12/3/2019 |
$536 |
$595 |
$610 |
First Trust
Active Factor Small Cap ETF |
12/3/2019 |
$1,061 |
$925 |
$829 |
Fund |
Total
Non-Expiring
Capital
Loss
Available |
First Trust
Active Factor Large Cap ETF |
$381,050 |
First Trust
Active Factor Mid Cap ETF |
$392,394 |
First Trust
Active Factor Small Cap ETF |
$489,975 |
NAME OF
BENEFICIAL OWNER |
%
OF
OUTSTANDING
SHARES
OWNED |
FIRST
TRUST ACTIVE FACTOR LARGE CAP ETF | |
BOFA
Securities, Inc. |
20.26% |
ABN AMRO
Clearing |
18.02% |
Pershing
LLC |
13.14% |
RBC Capital
Markets, LLC |
11.07% |
TD Ameritrade
Clearing Inc. |
9.84% |
Charles
Schwab & Co., Inc. |
9.31% |
National
Financial Services LLC |
6.63% |
E*Trade
Clearing, LLC |
5.53% |
FIRST
TRUST ACTIVE FACTOR MID CAP ETF | |
RBC Capital
Markets, LLC |
21.86% |
Charles
Schwab & Co., Inc. |
16.74% |
TD Ameritrade
Clearing Inc. |
12.85% |
BOFA
Securities, Inc. |
12.65% |
National
Financial Services LLC |
12.40% |
Pershing
LLC |
7.26% |
FIRST
TRUST ACTIVE FACTOR SMALL CAP ETF | |
Pershing
LLC |
47.20% |
ABN AMRO
Clearing |
17.27% |
National
Financial Services LLC |
9.66% |
Wells Fargo
Clearing Services, LLC |
8.84% |
TD Ameritrade
Clearing Inc. |
5.51% |