Book 2
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
First Trust Dorsey Wright Momentum & Value ETF (DVLU)
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)
First Trust International Developed Capital Strength ETF (FICS)
|
2 |
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3 |
Fund Performance Overview | |
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4 |
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6 |
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8 |
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10 |
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12 |
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14 |
|
16 |
|
17 |
Portfolio of Investments | |
|
18 |
|
21 |
|
26 |
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31 |
|
33 |
|
35 |
|
38 |
|
40 |
|
42 |
|
44 |
|
50 |
|
59 |
|
61 |
|
69 |
|
71 |
Performance | |||
Average
Annual Total Returns |
Cumulative Total Returns | ||
1
Year Ended 9/30/21 |
Inception
(11/1/17) to 9/30/21 |
Inception
(11/1/17) to 9/30/21 | |
Fund Performance | |||
NAV | 56.77% | 11.05% | 50.69% |
Market Price | 56.90% | 11.09% | 50.90% |
Index Performance | |||
Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index | 57.92% | 11.74% | 54.39% |
S&P 1000® Index | 47.66% | 11.70% | 54.15% |
Performance | |||
Average
Annual Total Returns |
Cumulative Total Returns | ||
1
Year Ended 9/30/21 |
Inception
(1/24/18) to 9/30/21 |
Inception
(1/24/18) to 9/30/21 | |
Fund Performance | |||
NAV | 36.13% | 11.30% | 48.32% |
Market Price | 36.70% | 11.38% | 48.71% |
Index Performance | |||
Indxx Blockchain Index | 38.00% | 12.43% | 53.92% |
S&P 500® Index | 30.00% | 14.08% | 62.45% |
Performance | |||
Average
Annual Total Returns |
Cumulative Total Returns | ||
1
Year Ended 9/30/21 |
Inception
(2/21/18) to 9/30/21 |
Inception
(2/21/18) to 9/30/21 | |
Fund Performance | |||
NAV | 37.27% | 17.74% | 80.17% |
Market Price | 37.34% | 17.76% | 80.30% |
Index Performance | |||
Nasdaq CTA Artificial Intelligence and Robotics IndexSM | 38.32% | 18.65% | 85.25% |
S&P 500® Index | 30.00% | 15.92% | 70.33% |
Performance | |||
Average
Annual Total Returns |
Cumulative Total Returns | ||
1
Year Ended 9/30/21 |
Inception
(9/5/18) to 9/30/21 |
Inception
(9/5/18) to 9/30/21 | |
Fund Performance | |||
NAV | 57.98% | 7.13% | 23.55% |
Market Price | 57.98% | 7.13% | 23.55% |
Index Performance | |||
Dorsey Wright Momentum Plus Value™ Index | 59.19% | 7.78% | 25.86% |
S&P 500® Index | 30.00% | 15.99% | 57.64% |
Performance | |||
Average
Annual Total Returns |
Cumulative Total Returns | ||
1
Year Ended 9/30/21 |
Inception
(9/5/18) to 9/30/21 |
Inception
(9/5/18) to 9/30/21 | |
Fund Performance | |||
NAV | 22.98% | 12.21% | 42.39% |
Market Price | 22.98% | 12.21% | 42.39% |
Index Performance | |||
Dorsey Wright Momentum Plus Low Volatility™ Index | 23.72% | 12.93% | 45.24% |
S&P 500® Index | 30.00% | 15.99% | 57.64% |
Performance | ||
Cumulative Total Returns | ||
Inception
(12/15/20) to 9/30/21 | ||
Fund Performance | ||
NAV | 14.25% | |
Market Value | 14.48% | |
Index Performance | ||
The International Developed Capital Strength IndexSM | 16.00% | |
MSCI World ex USA Index | 11.29% |
Beginning Account Value April 1, 2021 |
Ending Account Value September 30, 2021 |
Annualized Expense Ratio Based on the Six-Month Period |
Expenses Paid During the Six-Month Period (a) | |
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) | ||||
Actual | $1,000.00 | $1,006.10 | 0.60% | $3.02 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,022.06 | 0.60% | $3.04 |
First Trust Indxx Innovative Transaction & Process ETF (LEGR) | ||||
Actual | $1,000.00 | $1,064.10 | 0.65% | $3.36 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,021.81 | 0.65% | $3.29 |
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) | ||||
Actual | $1,000.00 | $1,028.00 | 0.65% | $3.30 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,021.81 | 0.65% | $3.29 |
First Trust Dorsey Wright Momentum & Value ETF (DVLU) | ||||
Actual | $1,000.00 | $1,061.40 | 0.60% | $3.10 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,022.06 | 0.60% | $3.04 |
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) | ||||
Actual | $1,000.00 | $1,117.80 | 0.60% | $3.19 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,022.06 | 0.60% | $3.04 |
First Trust International Developed Capital Strength ETF (FICS) | ||||
Actual | $1,000.00 | $1,094.20 | 0.70% | $3.67 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,021.56 | 0.70% | $3.55 |
(a) | Expenses are equal to the annualized expense ratios as indicated in the table multiplied by the average account value over the period (April 1, 2021 through September 30, 2021), multiplied by 183/365 (to reflect the six-month period). |
Total Value at 9/30/2021 |
Level
1 Quoted Prices |
Level
2 Significant Observable Inputs |
Level
3 Significant Unobservable Inputs | |
Common Stocks* | $ 210,358,448 | $ 210,358,448 | $ — | $ — |
* | See Portfolio of Investments for industry breakout. |
Currency Exposure Diversification |
% of Total Investments |
United States Dollar | 55.9% |
Euro | 17.2 |
Hong Kong Dollar | 8.4 |
Indian Rupee | 2.9 |
Swiss Franc | 2.8 |
British Pound Sterling | 2.4 |
Australian Dollar | 2.3 |
Japanese Yen | 2.3 |
South Korean Won | 1.9 |
Swedish Krona | 1.2 |
Danish Krone | 1.1 |
Singapore Dollar | 0.8 |
Canadian Dollar | 0.8 |
Total | 100.0% |
Currency Exposure Diversification |
% of Total Investments |
United States Dollar | 62.5% |
Japanese Yen | 15.5 |
Euro | 8.0 |
British Pound Sterling | 5.6 |
Israeli Shekel | 2.0 |
Swedish Krona | 1.8 |
South Korean Won | 1.3 |
Swiss Franc | 1.2 |
New Taiwan Dollar | 0.6 |
Canadian Dollar | 0.6 |
Australian Dollar | 0.5 |
Danish Krone | 0.4 |
Total | 100.0% |
Shares | Description | Value | ||
REAL ESTATE INVESTMENT TRUSTS – 1.0% | ||||
Equity
Real Estate Investment Trusts – 1.0% |
||||
7,473 | Weyerhaeuser Co. | $265,815 | ||
(Cost $254,322) | ||||
Total Investments – 99.9% | 25,835,774 | |||
(Cost $26,229,685) (b) | ||||
Net Other Assets and Liabilities – 0.1% | 28,464 | |||
Net Assets – 100.0% | $25,864,238 |
| |
(a) | Non-income producing security. |
(b) | Aggregate cost for federal income tax purposes was $26,239,377. As of September 30, 2021, the aggregate gross unrealized appreciation for all investments in which there was an excess of value over tax cost was $921,630 and the aggregate gross unrealized depreciation for all investments in which there was an excess of tax cost over value was $1,325,233. The net unrealized depreciation was $403,603. |
Total Value at 9/30/2021 |
Level
1 Quoted Prices |
Level
2 Significant Observable Inputs |
Level
3 Significant Unobservable Inputs | |
Common Stocks* | $ 25,569,959 | $ 25,569,959 | $ — | $ — |
Real Estate Investment Trusts* | 265,815 | 265,815 | — | — |
Total Investments | $ 25,835,774 | $ 25,835,774 | $— | $— |
* | See Portfolio of Investments for industry breakout. |
Shares | Description | Value | ||
COMMON STOCKS (Continued) | ||||
Software – 1.1% | ||||
4,835 | Microsoft Corp. | $1,363,083 | ||
Specialty Retail – 1.0% | ||||
6,182 | Lowe’s Cos., Inc. | 1,254,080 | ||
Wireless
Telecommunication Services – 1.7% |
||||
15,972 | T-Mobile US, Inc. (a) | 2,040,583 | ||
Total Common Stocks | 113,906,702 | |||
(Cost $104,658,077) | ||||
REAL ESTATE INVESTMENT TRUSTS – 5.9% | ||||
Equity
Real Estate Investment Trusts – 5.9% |
||||
13,428 | EastGroup Properties, Inc. | 2,237,508 | ||
2,299 | Equinix, Inc. | 1,816,509 | ||
18,082 | Extra Space Storage, Inc. | 3,037,595 | ||
Total Real Estate Investment Trusts | 7,091,612 | |||
(Cost $6,872,417) | ||||
Total Investments – 99.9% | 120,998,314 | |||
(Cost $111,530,494) (b) | ||||
Net Other Assets and Liabilities – 0.1% | 116,048 | |||
Net Assets – 100.0% | $121,114,362 |
| |
(a) | Non-income producing security. |
(b) | Aggregate cost for federal income tax purposes was $111,608,887. As of September 30, 2021, the aggregate gross unrealized appreciation for all investments in which there was an excess of value over tax cost was $11,456,165 and the aggregate gross unrealized depreciation for all investments in which there was an excess of tax cost over value was $2,066,738. The net unrealized appreciation was $9,389,427. |
Total Value at 9/30/2021 |
Level
1 Quoted Prices |
Level
2 Significant Observable Inputs |
Level
3 Significant Unobservable Inputs | |
Common Stocks* | $ 113,906,702 | $ 113,906,702 | $ — | $ — |
Real Estate Investment Trusts* | 7,091,612 | 7,091,612 | — | — |
Total Investments | $ 120,998,314 | $ 120,998,314 | $— | $— |
* | See Portfolio of Investments for industry breakout. |
First
Trust SMID Cap Rising Dividend Achievers ETF (SDVY) |
First
Trust Indxx Innovative Transaction & Process ETF (LEGR) |
First
Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) | |||
ASSETS: | |||||
Investments, at value
|
$ 210,358,448 | $ 137,692,285 | $ 275,776,456 | ||
Cash
|
219,939 | 1,872,350 | 1,514,023 | ||
Foreign currency
|
— | 116,867 | 50,186 | ||
Due from authorized participant
|
— | 2,167,549 | — | ||
Receivables: | |||||
Dividends
|
189,589 | 76,440 | 188,124 | ||
Fund shares sold
|
2,883,283 | — | 8,209,521 | ||
Dividend reclaims
|
87 | 75,044 | 55,065 | ||
Securities lending income
|
— | 2,667 | 21,199 | ||
Investment securities sold
|
— | 27 | — | ||
Miscellaneous
|
— | — | 91 | ||
Total Assets
|
213,651,346 | 142,003,229 | 285,814,665 | ||
LIABILITIES: | |||||
Due to authorized participant
|
— | — | — | ||
Payables: | |||||
Collateral for securities on loan
|
— | 5,345,838 | 11,037,228 | ||
Investment advisory fees
|
96,758 | 67,931 | 143,190 | ||
Investment securities purchased
|
2,881,477 | 3,988,757 | 8,142,155 | ||
Deferred foreign capital gains tax
|
— | 88,653 | — | ||
Other liabilities
|
— | — | 71 | ||
Total Liabilities
|
2,978,235 | 9,491,179 | 19,322,644 | ||
NET ASSETS
|
$210,673,111 | $132,512,050 | $266,492,021 | ||
NET ASSETS consist of: | |||||
Paid-in capital
|
$ 216,913,785 | $ 119,875,816 | $ 243,278,910 | ||
Par value
|
74,500 | 31,500 | 50,000 | ||
Accumulated distributable earnings (loss)
|
(6,315,174) | 12,604,734 | 23,163,111 | ||
NET ASSETS
|
$210,673,111 | $132,512,050 | $266,492,021 | ||
NET ASSET VALUE, per share
|
$28.28 | $42.07 | $53.30 | ||
Number of shares outstanding (unlimited number of
shares authorized, par value $0.01 per share)
|
7,450,002 | 3,150,002 | 5,000,002 | ||
Investments, at cost
|
$214,914,283 | $122,312,861 | $243,425,780 | ||
Foreign currency, at cost (proceeds)
|
$— | $116,887 | $50,186 | ||
Securities on loan, at value
|
$— | $5,104,400 | $10,518,979 |
First
Trust Dorsey Wright Momentum & Value ETF (DVLU) |
First
Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) |
First
Trust International Developed Capital Strength ETF (FICS) | ||
$ 25,835,774 | $ 120,998,314 | $ 10,217,918 | ||
1,909 | 134,967 | 4,297 | ||
— | — | 1,747 | ||
— | — | 1,859,922 | ||
39,535 | 41,639 | 14,274 | ||
— | — | — | ||
— | 2,669 | 3,898 | ||
— | — | — | ||
— | — | 127,495 | ||
— | — | — | ||
25,877,218 | 121,177,589 | 12,229,551 | ||
— | — | 127,495 | ||
— | — | — | ||
12,980 | 63,227 | 5,175 | ||
— | — | 1,883,858 | ||
— | — | — | ||
— | — | — | ||
12,980 | 63,227 | 2,016,528 | ||
$ 25,864,238 | $ 121,114,362 | $ 10,213,023 | ||
$ 36,061,652 | $ 126,546,929 | $ 10,235,212 | ||
11,000 | 44,000 | 3,000 | ||
(10,208,414) | (5,476,567) | (25,189) | ||
$ 25,864,238 | $ 121,114,362 | $ 10,213,023 | ||
$23.51 | $27.53 | $34.04 | ||
1,100,002 | 4,400,002 | 300,002 | ||
$26,229,685 | $111,530,494 | $10,230,946 | ||
$— | $— | $1,744 | ||
$— | $— | $— |
First
Trust SMID Cap Rising Dividend Achievers ETF (SDVY) |
First
Trust Indxx Innovative Transaction & Process ETF (LEGR) |
First
Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) | ||||
INVESTMENT INCOME: | ||||||
Dividends
|
$ 1,630,321 | $ 2,249,942 | $ 1,591,552 | |||
Interest
|
6 | 26 | 30 | |||
Securities lending income (net of fees)
|
— | 14,156 | 162,615 | |||
Foreign withholding tax
|
(1,922) | (195,553) | (133,088) | |||
Other
|
40 | — | 13 | |||
Total investment income
|
1,628,445 | 2,068,571 | 1,621,122 | |||
EXPENSES: | ||||||
Investment advisory fees
|
413,026 | 540,242 | 1,395,887 | |||
Total expenses
|
413,026 | 540,242 | 1,395,887 | |||
NET INVESTMENT INCOME (LOSS)
|
1,215,419 | 1,528,329 | 225,235 | |||
NET REALIZED AND UNREALIZED GAIN (LOSS): | ||||||
Net realized gain (loss) on: | ||||||
Investments
|
(950,706) | 2,484,227 | (3,870,404) | |||
In-kind redemptions
|
5,350,199 | — | 37,061,096 | |||
Foreign currency transactions
|
— | (14,820) | (416) | |||
Foreign capital gains tax
|
— | (21,840) | — | |||
Net realized gain (loss)
|
4,399,493 | 2,447,567 | 33,190,276 | |||
Net change in unrealized appreciation (depreciation) on: | ||||||
Investments
|
(4,309,095) | 13,827,643 | 14,737,529 | |||
Foreign currency translation
|
— | (228) | (2) | |||
Deferred foreign capital gains tax
|
— | (88,653) | — | |||
Net change in unrealized appreciation
(depreciation)
|
(4,309,095) | 13,738,762 | 14,737,527 | |||
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
90,398 | 16,186,329 | 47,927,803 | |||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING
FROM OPERATIONS
|
$ 1,305,817 | $ 17,714,658 | $ 48,153,038 |
(a) | Inception date is December 15, 2020, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
First
Trust Dorsey Wright Momentum & Value ETF (DVLU) |
First
Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) |
First
Trust International Developed Capital Strength ETF (FICS) (a) | |||
$548,865 | $1,170,860 | $74,542 | |||
2 | 7 | — | |||
— | — | — | |||
(1,028) | — | (6,914) | |||
57 | 19 | — | |||
547,896 | 1,170,886 | 67,628 | |||
144,015 | 734,749 | 23,846 | |||
144,015 | 734,749 | 23,846 | |||
403,881 | 436,137 | 43,782 | |||
(1,359,756) | (2,094,082) | (17,168) | |||
8,849,464 | 26,336,030 | 194,438 | |||
— | — | (197) | |||
— | — | — | |||
7,489,708 | 24,241,948 | 177,073 | |||
(1,439,711) | 750,009 | (13,028) | |||
— | — | (193) | |||
— | — | — | |||
(1,439,711) | 750,009 | (13,221) | |||
6,049,997 | 24,991,957 | 163,852 | |||
$6,453,878 | $25,428,094 | $207,634 |
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) |
First Trust Indxx Innovative Transaction & Process ETF (LEGR) | ||||||
Year Ended 9/30/2021 |
Year Ended 9/30/2020 |
Year Ended 9/30/2021 |
Year Ended 9/30/2020 | ||||
OPERATIONS: | |||||||
Net investment income (loss)
|
$ 1,215,419 | $ 162,281 | $ 1,528,329 | $ 453,430 | |||
Net realized gain (loss)
|
4,399,493 | (1,190,794) | 2,447,567 | 37,362 | |||
Net change in unrealized appreciation
(depreciation)
|
(4,309,095) | (179,227) | 13,738,762 | 2,606,926 | |||
Net increase (decrease) in net assets resulting
from operations
|
1,305,817 | (1,207,740) | 17,714,658 | 3,097,718 | |||
DISTRIBUTIONS TO SHAREHOLDERS FROM: | |||||||
Investment operations
|
(1,005,851) | (168,006) | (1,414,166) | (485,781) | |||
SHAREHOLDER TRANSACTIONS: | |||||||
Proceeds from shares sold
|
225,198,706 | 5,819,163 | 73,931,252 | 7,989,565 | |||
Cost of shares redeemed
|
(24,875,461) | (1,521,463) | — | (9,369,188) | |||
Net increase (decrease) in net assets resulting
from shareholder transactions
|
200,323,245 | 4,297,700 | 73,931,252 | (1,379,623) | |||
Total increase (decrease) in net assets
|
200,623,211 | 2,921,954 | 90,231,744 | 1,232,314 | |||
NET ASSETS: | |||||||
Beginning of period
|
10,049,900 | 7,127,946 | 42,280,306 | 41,047,992 | |||
End of period
|
$210,673,111 | $10,049,900 | $132,512,050 | $42,280,306 | |||
CHANGES IN SHARES OUTSTANDING: | |||||||
Shares outstanding, beginning of period
|
550,002 | 350,002 | 1,350,002 | 1,400,002 | |||
Shares sold
|
7,800,000 | 300,000 | 1,800,000 | 250,000 | |||
Shares redeemed
|
(900,000) | (100,000) | — | (300,000) | |||
Shares outstanding, end of period
|
7,450,002 | 550,002 | 3,150,002 | 1,350,002 |
(a) | Inception date is December 15, 2020, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) |
First Trust Dorsey Wright Momentum & Value ETF (DVLU) |
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) |
First
Trust International Developed Capital Strength ETF (FICS) | |||||||||
Year Ended 9/30/2021 |
Year Ended 9/30/2020 |
Year Ended 9/30/2021 |
Year Ended 9/30/2020 |
Year Ended 9/30/2021 |
Year Ended 9/30/2020 |
Period Ended 9/30/2021 (a) | ||||||
$ 225,235 | $ 133,687 | $ 403,881 | $ 263,118 | $ 436,137 | $ 1,270,511 | $ 43,782 | ||||||
33,190,276 | 284,158 | 7,489,708 | (4,306,138) | 24,241,948 | (7,723,375) | 177,073 | ||||||
14,737,527 | 19,323,739 | (1,439,711) | 442,804 | 750,009 | 1,459,243 | (13,221) | ||||||
48,153,038 | 19,741,584 | 6,453,878 | (3,600,216) | 25,428,094 | (4,993,621) | 207,634 | ||||||
(333,100) | (123,270) | (376,450) | (275,921) | (398,380) | (1,537,266) | (39,101) | ||||||
178,221,700 | 52,562,180 | 63,958,085 | 13,377,808 | 173,667,860 | 161,964,199 | 11,708,531 | ||||||
(80,098,259) | (13,075,070) | (58,491,461) | (14,632,747) | (202,257,238) | (161,928,165) | (1,664,041) | ||||||
98,123,441 | 39,487,110 | 5,466,624 | (1,254,939) | (28,589,378) | 36,034 | 10,044,490 | ||||||
145,943,379 | 59,105,424 | 11,544,052 | (5,131,076) | (3,559,664) | (6,494,853) | 10,213,023 | ||||||
120,548,642 | 61,443,218 | 14,320,186 | 19,451,262 | 124,674,026 | 131,168,879 | — | ||||||
$266,492,021 | $ 120,548,642 | $ 25,864,238 | $ 14,320,186 | $ 121,114,362 | $ 124,674,026 | $ 10,213,023 | ||||||
3,100,002 | 1,950,002 | 950,002 | 1,050,002 | 5,550,002 | 5,750,002 | — | ||||||
3,400,000 | 1,550,000 | 2,900,000 | 800,000 | 6,800,000 | 7,450,000 | 350,002 | ||||||
(1,500,000) | (400,000) | (2,750,000) | (900,000) | (7,950,000) | (7,650,000) | (50,000) | ||||||
5,000,002 | 3,100,002 | 1,100,002 | 950,002 | 4,400,002 | 5,550,002 | 300,002 |
Year Ended September 30, | Period Ended 9/30/2018 (a) | ||||||
2021 | 2020 | 2019 | |||||
Net asset value, beginning of period
|
$ 18.27 | $ 20.37 | $ 21.28 | $ 19.94 | |||
Income from investment operations: | |||||||
Net investment income (loss)
|
0.36 | 0.33 | 0.35 | 0.26 | |||
Net realized and unrealized gain (loss)
|
9.99 | (2.08) | (0.92) | 1.31 | |||
Total from investment operations
|
10.35 | (1.75) | (0.57) | 1.57 | |||
Distributions paid to shareholders from: | |||||||
Net investment income
|
(0.34) | (0.35) | (0.34) | (0.23) | |||
Net asset value, end of period
|
$28.28 | $18.27 | $20.37 | $21.28 | |||
Total return
(b)
|
56.77% | (8.56)% | (2.59)% | 7.92% | |||
Ratios to average net assets/supplemental data: | |||||||
Net assets, end of period (in 000’s)
|
$ 210,673 | $ 10,050 | $ 7,128 | $ 4,257 | |||
Ratio of total expenses to average net
assets
|
0.60% | 0.60% | 0.60% | 0.60% (c) | |||
Ratio of net investment income (loss) to average
net assets
|
1.77% | 1.83% | 1.95% | 1.49% (c) | |||
Portfolio turnover rate (d)
|
36% | 76% | 78% | 72% |
(a) | Inception date is November 1, 2017, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Year Ended September 30, | Period Ended 9/30/2018 (a) | ||||||
2021 | 2020 | 2019 | |||||
Net asset value, beginning of period
|
$ 31.32 | $ 29.32 | $ 30.31 | $ 29.99 | |||
Income from investment operations: | |||||||
Net investment income (loss)
|
0.61 | 0.35 | 0.59 | 0.26 | |||
Net realized and unrealized gain (loss)
|
10.70 | 2.02 | (0.93) | 0.29 | |||
Total from investment operations
|
11.31 | 2.37 | (0.34) | 0.55 | |||
Distributions paid to shareholders from: | |||||||
Net investment income
|
(0.56) | (0.37) | (0.65) | (0.23) | |||
Net asset value, end of period
|
$42.07 | $31.32 | $29.32 | $30.31 | |||
Total return
(b)
|
36.13% | 8.13% | (1.08)% | 1.87% | |||
Ratios to average net assets/supplemental data: | |||||||
Net assets, end of period (in 000’s)
|
$ 132,512 | $ 42,280 | $ 41,048 | $ 50,017 | |||
Ratio of total expenses to average net
assets
|
0.65% | 0.65% | 0.65% | 0.65% (c) | |||
Ratio of net investment income (loss) to average
net assets
|
1.84% | 1.12% | 1.95% | 1.63% (c) | |||
Portfolio turnover rate (d)
|
46% | 25% | 35% | 53% |
(a) | Inception date is January 24, 2018, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Year Ended September 30, | Period Ended 9/30/2018 (a) | ||||||
2021 | 2020 | 2019 | |||||
Net asset value, beginning of period
|
$ 38.89 | $ 31.51 | $ 32.23 | $ 29.91 | |||
Income from investment operations: | |||||||
Net investment income (loss)
|
0.05 | 0.04 | 0.17 | 0.12 | |||
Net realized and unrealized gain (loss)
|
14.44 | 7.39 | (0.75) | 2.31 | |||
Total from investment operations
|
14.49 | 7.43 | (0.58) | 2.43 | |||
Distributions paid to shareholders from: | |||||||
Net investment income
|
(0.08) | (0.05) | (0.14) | (0.11) | |||
Net asset value, end of period
|
$53.30 | $38.89 | $31.51 | $32.23 | |||
Total return
(b)
|
37.27% | 23.60% | (1.81)% | 8.15% | |||
Ratios to average net assets/supplemental data: | |||||||
Net assets, end of period (in 000’s)
|
$ 266,492 | $ 120,549 | $ 61,443 | $ 32,226 | |||
Ratio of total expenses to average net
assets
|
0.65% | 0.65% | 0.65% | 0.65% (c) | |||
Ratio of net investment income (loss) to average
net assets
|
0.10% | 0.15% | 0.68% | 0.62% (c) | |||
Portfolio turnover rate (d)
|
31% | 34% | 43% | 67% |
(a) | Inception date is February 21, 2018, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Year Ended September 30, | Period Ended 9/30/2018 (a) | ||||||
2021 | 2020 | 2019 | |||||
Net asset value, beginning of period
|
$ 15.07 | $ 18.52 | $ 19.46 | $ 19.98 | |||
Income from investment operations: | |||||||
Net investment income (loss)
|
0.29 | 0.25 | 0.33 | 0.02 | |||
Net realized and unrealized gain (loss)
|
8.42 | (3.44) | (0.94) | (0.54) | |||
Total from investment operations
|
8.71 | (3.19) | (0.61) | (0.52) | |||
Distributions paid to shareholders from: | |||||||
Net investment income
|
(0.27) | (0.26) | (0.33) | — | |||
Net asset value, end of period
|
$23.51 | $15.07 | $18.52 | $19.46 | |||
Total return
(b)
|
57.98% | (17.19)% | (3.04)% | (2.60)% | |||
Ratios to average net assets/supplemental data: | |||||||
Net assets, end of period (in 000’s)
|
$ 25,864 | $ 14,320 | $ 19,451 | $ 13,625 | |||
Ratio of total expenses to average net
assets
|
0.60% | 0.60% | 0.60% | 0.60% (c) | |||
Ratio of net investment income (loss) to average
net assets
|
1.68% | 1.56% | 2.01% | 3.61% (c) | |||
Portfolio turnover rate (d)
|
195% | 205% | 152% | 0% |
(a) | Inception date is September 5, 2018, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Year Ended September 30, | Period Ended 9/30/2018 (a) | ||||||
2021 | 2020 | 2019 | |||||
Net asset value, beginning of period
|
$ 22.46 | $ 22.81 | $ 19.94 | $ 19.97 | |||
Income from investment operations: | |||||||
Net investment income (loss)
|
0.10 | 0.28 | 0.29 | 0.03 | |||
Net realized and unrealized gain (loss)
|
5.06 | (0.30) | 2.85 | (0.06) | |||
Total from investment operations
|
5.16 | (0.02) | 3.14 | (0.03) | |||
Distributions paid to shareholders from: | |||||||
Net investment income
|
(0.09) | (0.33) | (0.27) | — | |||
Net asset value, end of period
|
$27.53 | $22.46 | $22.81 | $19.94 | |||
Total return
(b)
|
22.98% | 0.03% | 15.93% | (0.15)% | |||
Ratios to average net assets/supplemental data: | |||||||
Net assets, end of period (in 000’s)
|
$ 121,114 | $ 124,674 | $ 131,169 | $ 13,960 | |||
Ratio of total expenses to average net
assets
|
0.60% | 0.60% | 0.60% | 0.60% (c) | |||
Ratio of net investment income (loss) to average
net assets
|
0.36% | 1.21% | 2.37% | 3.81% (c) | |||
Portfolio turnover rate (d)
|
136% | 187% | 81% | 0% |
(a) | Inception date is September 5, 2018, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Period Ended 9/30/2021 (a) | |
Net asset value, beginning of period
|
$ 30.09 |
Income from investment operations: | |
Net investment income (loss)
|
0.36 |
Net realized and unrealized gain (loss)
|
3.93 |
Total from investment operations
|
4.29 |
Distributions paid to shareholders from: | |
Net investment income
|
(0.34) |
Net asset value, end of period
|
$34.04 |
Total return
(b)
|
14.25% |
Ratios to average net assets/supplemental data: | |
Net assets, end of period (in 000’s)
|
$ 10,213 |
Ratio of total expenses to average net
assets
|
0.70% (c) |
Ratio of net investment income (loss) to average
net assets
|
1.29% (c) |
Portfolio turnover rate (d)
|
23% |
(a) | Inception date is December 15, 2020, which is consistent with the commencement of investment operations and is the date the initial creation units were established. |
(b) | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The return presented does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year. |
(c) | Annualized. |
(d) | Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions. |
Fund | Index |
First Trust SMID Cap Rising Dividend Achievers ETF | Nasdaq US Small Mid Cap Rising Dividend AchieversTM Index |
First Trust Indxx Innovative Transaction & Process ETF | Indxx Blockchain Index |
First Trust Nasdaq Artificial Intelligence and Robotics ETF | Nasdaq CTA Artificial Intelligence and Robotics IndexSM |
First Trust Dorsey Wright Momentum & Value ETF | Dorsey Wright Momentum Plus ValueTM Index |
First Trust Dorsey Wright Momentum & Low Volatility ETF | Dorsey Wright Momentum Plus Low VolatilityTM Index |
First Trust International Developed Capital Strength ETF | The International Developed Capital Strength IndexSM |
1) | the type of security; |
2) | the size of the holding; |
3) | the initial cost of the security; |
4) | transactions in comparable securities; |
5) | price quotes from dealers and/or third-party pricing services; |
6) | relationships among various securities; |
7) | information obtained by contacting the issuer, analysts, or the appropriate stock exchange; |
8) | an analysis of the issuer’s financial statements; and |
9) | the existence of merger proposals or tender offers that might affect the value of the security. |
1) | the value of similar foreign securities traded on other foreign markets; |
2) | ADR trading of similar securities; |
3) | closed-end fund or exchange-traded fund trading of similar securities; |
4) | foreign currency exchange activity; |
5) | the trading prices of financial products that are tied to baskets of foreign securities; |
6) | factors relating to the event that precipitated the pricing problem; |
7) | whether the event is likely to recur; and |
8) | whether the effects of the event are isolated or whether they affect entire markets, countries or regions. |
• | Level 1 – Level 1 inputs are quoted prices in active markets for identical investments. An active market is a market in which transactions for the investment occur with sufficient frequency and volume to provide pricing information on an ongoing basis. |
• | Level 2 – Level 2 inputs are observable inputs, either directly or indirectly, and include the following: |
o | Quoted prices for similar investments in active markets. |
o | Quoted prices for identical or similar investments in markets that are non-active. A non-active market is a market where there are few transactions for the investment, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly. |
o | Inputs other than quoted prices that are observable for the investment (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates). |
o | Inputs that are derived principally from or corroborated by observable market data by correlation or other means. |
• | Level 3 – Level 3 inputs are unobservable inputs. Unobservable inputs may reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the investment. |
Distributions paid from Ordinary Income |
Distributions paid from Capital Gains |
Distributions paid from Return of Capital | |||
First Trust SMID Cap Rising Dividend Achievers
ETF
|
$ 1,005,851 | $ — | $ — | ||
First Trust Indxx Innovative Transaction &
Process ETF
|
1,414,166 | — | — | ||
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
333,100 | — | — | ||
First Trust Dorsey Wright Momentum & Value
ETF
|
376,450 | — | — | ||
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
398,380 | — | — | ||
First Trust International Developed Capital
Strength ETF
|
39,101 | — | — |
Distributions paid from Ordinary Income |
Distributions paid from Capital Gains |
Distributions paid from Return of Capital | |||
First Trust SMID Cap Rising Dividend Achievers
ETF
|
$ 168,006 | $ — | $ — | ||
First Trust Indxx Innovative Transaction &
Process ETF
|
485,781 | — | — | ||
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
123,270 | — | — | ||
First Trust Dorsey Wright Momentum & Value
ETF
|
275,921 | — | — | ||
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
1,537,266 | — | — |
Undistributed Ordinary Income |
Accumulated Capital and Other Gain (Loss) |
Net Unrealized Appreciation (Depreciation) | |||
First Trust SMID Cap Rising Dividend Achievers
ETF
|
$ 190,695 | $ (1,024,748) | $ (5,481,121) | ||
First Trust Indxx Innovative Transaction &
Process ETF
|
105,039 | (1,444,987) | 13,944,682 | ||
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
60,015 | (4,911,664) | 28,014,760 | ||
First Trust Dorsey Wright Momentum & Value
ETF
|
42,373 | (9,847,184) | (403,603) | ||
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
76,645 | (14,942,639) | 9,389,427 | ||
First Trust International Developed Capital
Strength ETF
|
12,421 | (2,885) | (34,725) |
Non-Expiring Capital Loss Carryforward | |
First Trust SMID Cap Rising Dividend Achievers
ETF
|
$ 1,024,748 |
First Trust Indxx Innovative Transaction &
Process ETF
|
1,444,987 |
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
4,911,664 |
First Trust Dorsey Wright Momentum & Value
ETF
|
9,847,184 |
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
14,942,639 |
First Trust International Developed Capital
Strength ETF
|
2,885 |
Accumulated Net Investment Income (Loss) |
Accumulated Net Realized Gain (Loss) on Investments |
Paid-in Capital | |||
First Trust SMID Cap Rising Dividend Achievers
ETF
|
$ (12,156) | $ (4,954,377) | $ 4,966,533 | ||
First Trust Indxx Innovative Transaction &
Process ETF
|
(36,660) | 36,660 | — | ||
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
19,803 | (35,860,396) | 35,840,593 | ||
First Trust Dorsey Wright Momentum & Value
ETF
|
— | (8,827,061) | 8,827,061 | ||
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
38,618 | (26,091,425) | 26,052,807 | ||
First Trust International Developed Capital
Strength ETF
|
5,083 | (198,805) | 193,722 |
Purchases | Sales | ||
First Trust SMID Cap Rising Dividend Achievers ETF | $ 25,986,948 | $ 25,815,414 | |
First Trust Indxx Innovative Transaction & Process ETF | 46,687,058 | 37,984,402 | |
First Trust Nasdaq Artificial Intelligence and Robotics ETF | 73,486,528 | 65,497,664 | |
First Trust Dorsey Wright Momentum & Value ETF | 45,203,590 | 45,049,595 | |
First Trust Dorsey Wright Momentum & Low Volatility ETF | 164,998,956 | 165,055,059 | |
First Trust International Developed Capital Strength ETF | 1,078,846 | 1,178,305 | |
Purchases | Sales | ||
First Trust SMID Cap Rising Dividend Achievers ETF | $ 224,880,238 | $ 24,822,034 | |
First Trust Indxx Innovative Transaction & Process ETF | 65,335,683 | — | |
First Trust Nasdaq Artificial Intelligence and Robotics ETF | 167,739,853 | 79,388,851 | |
First Trust Dorsey Wright Momentum & Value ETF | 63,842,387 | 58,499,150 | |
First Trust Dorsey Wright Momentum & Low Volatility ETF | 173,490,500 | 201,964,240 | |
First Trust International Developed Capital Strength ETF | 11,810,388 | 1,657,253 |
Individual Funds Included in the Trust | Statements of Operations | Statements of Changes in Net Assets | Financial Highlights |
First Trust SMID Cap Rising Dividend Achievers ETF | For the year ended September 30, 2021 | For the years ended September 30, 2021 and 2020 | For the years ended September 30, 2021, 2020, 2019 and the period from November 1, 2017 (commencement of operations) through September 30, 2018 |
First Trust Indxx Innovative Transaction & Process ETF | For the year ended September 30, 2021 | For the years ended September 30, 2021 and 2020 | For the years ended September 30, 2021, 2020, 2019 and the period from January 24, 2018 (commencement of operations) through September 30, 2018 |
First Trust Nasdaq Artificial Intelligence and Robotics ETF | For the year ended September 30, 2021 | For the years ended September 30, 2021 and 2020 | For the years ended September 30, 2021, 2020, 2019 and the period from February 21, 2018 (commencement of operations) through September 30, 2018 |
First Trust Dorsey Wright Momentum & Value ETF | For the year ended September 30, 2021 | For the years ended September 30, 2021 and 2020 | For the years ended September 30, 2021, 2020, 2019 and the period from September 5, 2018 (commencement of operations) through September 30, 2018 |
First Trust Dorsey Wright Momentum & Low Volatility ETF | |||
First Trust International Developed Capital Strength ETF | For the period from December 15, 2020 (commencement of operations) through September 30, 2021 |
Dividends Received Deduction | |
First Trust SMID Cap Rising Dividend Achievers
ETF
|
100.00% |
First Trust Indxx Innovative Transaction &
Process ETF
|
25.62% |
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
100.00% |
First Trust Dorsey Wright Momentum & Value
ETF
|
100.00% |
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
100.00% |
First Trust International Developed Capital
Strength ETF
|
0.00% |
Qualified Dividend Income | |
First Trust SMID Cap Rising Dividend Achievers
ETF
|
100.00% |
First Trust Indxx Innovative Transaction &
Process ETF
|
100.00% |
First Trust Nasdaq Artificial Intelligence and
Robotics ETF
|
100.00% |
First Trust Dorsey Wright Momentum & Value
ETF
|
100.00% |
First Trust Dorsey Wright Momentum & Low
Volatility ETF
|
100.00% |
First Trust International Developed Capital
Strength ETF
|
100.00% |
Gross Foreign Income | Foreign Taxes Paid | ||||||
Amount | Per Share | Amount | Per Share | ||||
First Trust Indxx Innovative Transaction &
Process ETF
|
$ 1,565,178 | $ 0.50 | $ 172,454 | $ 0.05 | |||
First Trust International Developed Capital
Strength ETF
|
74,542 | 0.25 | 6,874 | 0.02 |
NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE |
Name, Year of Birth and Position with the 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 Past 5 Years |
INDEPENDENT TRUSTEES | ||||
Richard
E. Erickson, Trustee (1951) |
• Indefinite
Term • Since Inception |
Physician; Officer, Wheaton Orthopedics; Limited Partner, Gundersen Real Estate Limited Partnership (June 1992 to December 2016) | 213 | None |
Thomas
R. Kadlec, Trustee (1957) |
• Indefinite
Term • Since Inception |
President, ADM Investor Services, Inc. (Futures Commission Merchant) | 213 | Director of ADM Investor Services, Inc., ADM Investor Services International, Futures Industry Association, and National Futures Association |
Robert
F. Keith, Trustee (1956) |
• Indefinite
Term • Since Inception |
President, Hibs Enterprises (Financial and Management Consulting) | 213 | Director of Trust Company of Illinois |
Niel
B. Nielson, Trustee (1954) |
• Indefinite
Term • Since Inception |
Senior Advisor (August 2018 to Present), Managing Director and Chief Operating Officer (January 2015 to August 2018), Pelita Harapan Educational Foundation (Educational Products and Services) | 213 | None |
INTERESTED TRUSTEE | ||||
James
A. Bowen(1),
Trustee and Chairman of the Board (1955) |
• 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) | 213 | None |
(1) | Mr. Bowen is deemed an “interested person” of the Trust due to his position as CEO of First Trust Advisors L.P., investment advisor of the Trust. |
Name and Year of Birth | Position and Offices with Trust | Term of Office and Length of Service | Principal
Occupations During Past 5 Years |
OFFICERS(2) | |||
James
M. Dykas (1966) |
President and Chief Executive Officer | • Indefinite
Term • Since January 2016 |
Managing Director and Chief Financial Officer (January 2016 to Present), Controller (January 2011 to January 2016), Senior Vice President (April 2007 to January 2016), First Trust Advisors L.P. and First Trust Portfolios L.P.; Chief Financial Officer (January 2016 to Present), BondWave LLC (Software Development Company) and Stonebridge Advisors LLC (Investment Advisor) |
Donald
P. Swade (1972) |
Treasurer, Chief Financial Officer and Chief Accounting Officer | • Indefinite
Term • Since January 2016 |
Senior Vice President (July 2016 to Present), Vice President (April 2012 to July 2016), First Trust Advisors L.P. and First Trust Portfolios L.P. |
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; 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. |
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 |
(2) | The term “officer” means the president, vice president, secretary, treasurer, controller or any other officer who performs a policy making function. |
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