First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.–(BUSINESS WIRE)–First Trust Advisors L.P. (“FTA”) announces the declaration of distributions for 102 exchange-traded funds (each a “Fund,” collectively, the “Funds”) advised by FTA.

The following dates apply to today’s distribution declarations:

Expected Ex-Dividend Date:

March 25, 2021

Record Date:

March 26, 2021

Payable Date:

March 31, 2021

Ticker

Exchange

Fund Name

Frequency

Ordinary

Income

Per Share

Amount

 

ACTIVELY MANAGED EXCHANGE-TRADED FUNDS

 

First Trust Exchange-Traded Fund III

FCAL

Nasdaq

First Trust California Municipal High Income ETF

Monthly

$0.0950

FEMB

Nasdaq

First Trust Emerging Markets Local Currency Bond ETF

Monthly

$0.1604

FMB

Nasdaq

First Trust Managed Municipal ETF

Monthly

$0.0975

FMHI

Nasdaq

First Trust Municipal High Income ETF

Monthly

$0.1400

FPE

NYSE Arca

First Trust Preferred Securities and Income ETF

Monthly

$0.0867

FPEI

NYSE Arca

First Trust Institutional Preferred Securities and Income ETF

Monthly

$0.0780

FSMB

NYSE Arca

First Trust Short Duration Managed Municipal ETF

Monthly

$0.0225

FUMB

NYSE Arca

First Trust Ultra Short Duration Municipal ETF

Monthly

$0.0100

HDMV

NYSE Arca

First Trust Horizon Managed Volatility Developed International ETF

Quarterly

$0.0378

HSMV

NYSE Arca

First Trust Horizon Managed Volatility Small/Mid ETF

Quarterly

$0.0199

HUSV

NYSE Arca

First Trust Horizon Managed Volatility Domestic ETF

Quarterly

$0.1192

RFAP

Nasdaq

First Trust RiverFront Dynamic Asia Pacific ETF

Quarterly

$0.1876

RFDI

Nasdaq

First Trust RiverFront Dynamic Developed International ETF

Quarterly

$0.2184

RFEM

Nasdaq

First Trust RiverFront Dynamic Emerging Markets ETF

Quarterly

$0.0491

RFEU

Nasdaq

First Trust RiverFront Dynamic Europe ETF

Quarterly

$0.0793

 

 

First Trust Exchange-Traded Fund IV

ECLN

NYSE Arca

First Trust EIP Carbon Impact ETF

Quarterly

$0.0776

EMLP

NYSE Arca

First Trust North American Energy Infrastructure Fund

Quarterly

$0.2150

FCVT

Nasdaq

First Trust SSI Strategic Convertible Securities ETF

Monthly

$0.0400

FDIV

Nasdaq

First Trust Strategic Income ETF

Monthly

$0.1750

FTSL

Nasdaq

First Trust Senior Loan Fund

Monthly

$0.1190

HYLS

Nasdaq

First Trust Tactical High Yield ETF

Monthly

$0.2230

LGOV

NYSE Arca

First Trust Long Duration Opportunities ETF

Monthly

$0.0800

LMBS

Nasdaq

First Trust Low Duration Opportunities ETF

Monthly

$0.0900

 

 

First Trust Exchange-Traded Fund VI

FTHI

Nasdaq

First Trust BuyWrite Income ETF

Monthly

$0.0800

FTLB

Nasdaq

First Trust Hedged BuyWrite Income ETF

Monthly

$0.0550

 

 

First Trust Exchange-Traded Fund VIII

AFLG

NYSE Arca

First Trust Active Factor Large Cap ETF

Quarterly

$0.0399

DEED

NYSE Arca

First Trust TCW Securitized Plus ETF

Monthly

$0.0420

EFIX

NYSE Arca

First Trust TCW Emerging Markets Debt ETF

Monthly

$0.0700

ERM

NYSE Arca

EquityCompass Risk Manager ETF

Quarterly

$0.0314

FIXD

Nasdaq

First Trust TCW Opportunistic Fixed Income ETF

Monthly

$0.0800

LDSF

Nasdaq

First Trust Low Duration Strategic Focus ETF

Monthly

$0.0350

TERM

NYSE Arca

EquityCompass Tactical Risk Manager ETF

Quarterly

$0.0257

UCON

NYSE Arca

First Trust TCW Unconstrained Plus Bond ETF

Monthly

$0.0490

 

INDEX EXCHANGE-TRADED FUNDS

 

First Trust Exchange-Traded AlphaDEX® Fund

FAB

Nasdaq

First Trust Multi Cap Value AlphaDEX® Fund

Quarterly

$0.1182

FEX

Nasdaq

First Trust Large Cap Core AlphaDEX® Fund

Quarterly

$0.0863

FNK

Nasdaq

First Trust Mid Cap Value AlphaDEX® Fund

Quarterly

$0.0429

FNX

Nasdaq

First Trust Mid Cap Core AlphaDEX® Fund

Quarterly

$0.0128

Ticker

Exchange

Fund Name

Frequency

Ordinary

Income

Per Share

Amount

 

FTA

Nasdaq

First Trust Large Cap Value AlphaDEX® Fund

Quarterly

$0.1726

FXD

NYSE Arca

First Trust Consumer Discretionary AlphaDEX® Fund

Quarterly

$0.0457

FXG

NYSE Arca

First Trust Consumer Staples AlphaDEX® Fund

Quarterly

$0.2080

FXO

NYSE Arca

First Trust Financials AlphaDEX® Fund

Quarterly

$0.1632

FXR

NYSE Arca

First Trust Industrials/Producer Durables AlphaDEX® Fund

Quarterly

$0.0640

FXU

NYSE Arca

First Trust Utilities AlphaDEX® Fund

Quarterly

$0.0674

FXZ

NYSE Arca

First Trust Materials AlphaDEX® Fund

Quarterly

$0.1303

FYT

Nasdaq

First Trust Small Cap Value AlphaDEX® Fund

Quarterly

$0.1157

FYX

Nasdaq

First Trust Small Cap Core AlphaDEX® Fund

Quarterly

$0.1024

 

 

First Trust Exchange-Traded AlphaDEX® Fund II

FBZ

Nasdaq

First Trust Brazil AlphaDEX® Fund

Quarterly

$0.0695

FCA

Nasdaq

First Trust China AlphaDEX® Fund

Quarterly

$0.0382

FDT

Nasdaq

First Trust Developed Markets ex-US AlphaDEX® Fund

Quarterly

$0.2339

FDTS

Nasdaq

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund

Quarterly

$0.3065

FEM

Nasdaq

First Trust Emerging Markets AlphaDEX® Fund

Quarterly

$0.0305

FEMS

Nasdaq

First Trust Emerging Markets Small Cap AlphaDEX® Fund

Quarterly

$0.5139

FEP

Nasdaq

First Trust Europe AlphaDEX® Fund

Quarterly

$0.1291

FJP

Nasdaq

First Trust Japan AlphaDEX® Fund

Quarterly

$0.0109

FKU

Nasdaq

First Trust United Kingdom AlphaDEX® Fund

Quarterly

$0.2345

FLN

Nasdaq

First Trust Latin America AlphaDEX® Fund

Quarterly

$0.0494

FPA

Nasdaq

First Trust Asia Pacific ex-Japan AlphaDEX® Fund

Quarterly

$0.2117

NFTY

Nasdaq

First Trust India NIFTY 50 Equal Weight ETF

Quarterly

$0.1364

 

 

First Trust Exchange-Traded Fund

DWPP

Nasdaq

First Trust Dorsey Wright People’s Portfolio ETF

Quarterly

$0.0676

EDOW

NYSE Arca

First Trust Dow 30 Equal Weight ETF

Quarterly

$0.1154

FCG

NYSE Arca

First Trust Natural Gas ETF

Quarterly

$0.0366

FCTR

Cboe BZX

First Trust Lunt U.S. Factor Rotation ETF

Quarterly

$0.0673

FDL

NYSE Arca

First Trust Morningstar Dividend Leaders Index Fund

Quarterly

$0.2372

FDM

NYSE Arca

First Trust Dow Jones Select MicroCap Index Fund

Quarterly

$0.0868

FIW

NYSE Arca

First Trust Water ETF

Quarterly

$0.0599

FPX

NYSE Arca

First Trust US Equity Opportunities ETF

Quarterly

$0.0880

FRI

NYSE Arca

First Trust S&P REIT Index Fund

Quarterly

$0.0596

FTCS

Nasdaq

First Trust Capital Strength ETF

Quarterly

$0.2410

FVD

NYSE Arca

First Trust Value Line® Dividend Index Fund

Quarterly

$0.1761

QABA

Nasdaq

First Trust NASDAQ® ABA Community Bank Index Fund

Quarterly

$0.2069

QQEW

Nasdaq

First Trust NASDAQ-100 Equal Weighted Index Fund

Quarterly

$0.0776

QQXT

Nasdaq

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Quarterly

$0.0978

QTEC

Nasdaq

First Trust NASDAQ-100-Technology Sector Index Fund

Quarterly

$0.0070

TUSA

Nasdaq

First Trust Total US Market AlphaDEX® ETF

Quarterly

$0.0817

 

 

First Trust Exchange-Traded Fund II

FAN

NYSE Arca

First Trust Global Wind Energy ETF

Quarterly

$0.0519

FDD

NYSE Arca

First Trust STOXX® European Select Dividend Index Fund

Quarterly

$0.0138

FGD

NYSE Arca

First Trust Dow Jones Global Select Dividend Index Fund

Quarterly

$0.1074

FTRI

Nasdaq

First Trust Indxx Global Natural Resources Income ETF

Quarterly

$0.1416

GRID

Nasdaq

First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund

Quarterly

$0.0499

SKYY

Nasdaq

First Trust Cloud Computing ETF

Quarterly

$0.0580

 

 

First Trust Exchange-Traded Fund IV

KNG

Cboe BZX

FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF®

Quarterly

$0.4804

 

 

First Trust Exchange-Traded Fund VI

AIRR

Nasdaq

First Trust RBA American Industrial Renaissance® ETF

Quarterly

$0.0034

DDIV

Nasdaq

First Trust Dorsey Wright Momentum & Dividend ETF

Quarterly

$0.0590

DVLU

Nasdaq

First Trust Dorsey Wright Momentum & Value ETF

Quarterly

$0.0297

DVOL

Nasdaq

First Trust Dorsey Wright Momentum & Low Volatility ETF

Quarterly

$0.0107

FICS

Nasdaq

First Trust International Developed Capital Strength ETF

Quarterly

$0.0497

FID

Nasdaq

First Trust S&P International Dividend Aristocrats ETF

Quarterly

$0.0231

FTXD

Nasdaq

First Trust Nasdaq Retail ETF

Quarterly

$0.0099

FTXG

Nasdaq

First Trust Nasdaq Food & Beverage ETF

Quarterly

$0.0502

FTXH

Nasdaq

First Trust Nasdaq Pharmaceuticals ETF

Quarterly

$0.0771

FTXL

Nasdaq

First Trust Nasdaq Semiconductor ETF

Quarterly

$0.0073

FTXN

Nasdaq

First Trust Nasdaq Oil & Gas ETF

Quarterly

$0.0142

FTXO

Nasdaq

First Trust Nasdaq Bank ETF

Quarterly

$0.0600

LEGR

Nasdaq

First Trust Indxx Innovative Transaction & Process ETF

Quarterly

$0.0276

MDIV

Nasdaq

Multi-Asset Diversified Income Index Fund

Monthly

$0.0466

 

Ticker

Exchange

Fund Name

Frequency

Ordinary

Income

Per Share

Amount

 

RDVY

Nasdaq

First Trust Rising Dividend Achievers ETF

Quarterly

$0.1170

RNDM

Nasdaq

Developed International Equity Select ETF

Quarterly

$0.0988

RNDV

Nasdaq

US Equity Dividend Select ETF

Quarterly

$0.1005

RNLC

Nasdaq

Large Cap US Equity Select ETF

Quarterly

$0.0452

RNMC

Nasdaq

Mid Cap US Equity Select ETF

Quarterly

$0.0546

SDVY

Nasdaq

First Trust SMID Cap Rising Dividend Achievers ETF

Quarterly

$0.0412

TDIV

Nasdaq

First Trust NASDAQ Technology Dividend Index Fund

Quarterly

$0.1631

FTA is a federally registered investment advisor and serves as the Funds’ investment advisor. FTA and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $179 billion as of February 28, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

You should consider the investment objectives, risks, charges and expenses of a Fund before investing. Prospectuses for the Funds contain this and other important information and are available free of charge by calling toll-free at 1-800-621-1675 or visiting www.ftportfolios.com. A prospectus should be read carefully before investing.

Past performance is no assurance of future results. Investment return and market value of an investment in a Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: A Fund’s shares will change in value, and you could lose money by investing in a Fund. An investment in a Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that a Fund’s investment objectives will be achieved. An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.

Securities held by a fund, as well as shares of a fund itself, are subject to market fluctuations caused by factors such as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in securities prices. Shares of a fund could decline in value or underperform other investments as a result of the risk of loss associated with these market fluctuations. In addition, local, regional or global events such as war, acts of terrorism, spread of infectious diseases or other public health issues, recessions, or other events could have a significant negative impact on a fund and its investments. Such events may affect certain geographic regions, countries, sectors and industries more significantly than others. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of this COVID-19 pandemic may last for an extended period of time and will continue to impact the economy for the foreseeable future.

An Index ETF seeks investment results that correspond generally to the price and yield of an index. You should anticipate that the value of an Index Fund’s shares will decline, more or less, in correlation with any decline in the value of the index. An Index Fund’s return may not match the return of the index. Unlike a Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by a Fund.

Investors buying or selling Fund shares on the secondary market may incur customary brokerage commissions. Investors who sell Fund shares may receive less than the share’s net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from a Fund by authorized participants, in very large creation/redemption units. If a Fund’s authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, Fund shares may trade at a discount to a Fund’s net asset value and possibly face delisting.

One of the principal risks of investing in a Fund is market risk. Market risk is the risk that a particular security owned by a Fund, Fund shares or securities in general may fall in value.

An actively managed ETF is subject to management risk because it is an actively managed portfolio. In managing such a Fund’s investment portfolio, the portfolio managers, management teams, advisor or sub-advisor, will apply investment techniques and risk analyses that may not have the desired result.

A Fund that is concentrated in securities of companies in a certain sector or industry involves additional risks, including limited diversification. An investment in a Fund concentrated in a single country or region may be subject to greater risks of adverse events and may experience greater volatility than a Fund that is more broadly diversified geographically.

Certain Funds may invest in small-capitalization and mid-capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

There is no guarantee that the issuers of the securities in any Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

An investment in a Fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries. A Fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

Investments in sovereign bonds involve special risks because the governmental authority that controls the repayment of the debt may be unwilling or unable to repay the principal and/or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

A Fund that invests in the European region is subject to certain risks because member states in the European Union no longer control their own monetary policies, money supply and official interest rates for the Euro. Rather, such control is exercised by the European Central Bank.

The Swiss economy is dependent on the economies of other European nations as key trading partners. Any reduction in spending by other European countries could have a negative effect on the Swiss economy. The European sovereign-debt crisis has resulted in a weakened Euro and has put into question the future financial prospects of the surrounding region. The ongoing implementation of the European Union provisions and Euro conversion process may materially impact revenues, expenses or income and increase competition for other European companies, which could have an effect on the Swiss economy.

Certain securities held by certain of the Funds are subject to credit risk, call risk, income risk, inflation risk, interest rate risk, prepayment risk, and zero coupon risk. Credit risk is the risk that an issuer of a security will be unable or unwilling to make dividend, interest and/or principal payments when due and that the value of a security may decline as a result. Credit risk is heightened for floating-rate loans and high-yield securities. Call risk is the risk that if an issuer calls higher-yielding debt instruments held by a Fund, performance could be adversely impacted. Income risk is the risk that income from a Fund’s fixed-income investments could decline during periods of falling interest rates. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. Interest rate risk is the risk that the value of the fixed-income securities in a Fund will decline because of rising market interest rates. Prepayment risk is the risk that during periods of falling interest rates, an issuer may exercise its right to pay principal on an obligation earlier than expected. This may result in a decline in a Fund’s income. Zero coupon risk is the risk that zero coupon bonds may be highly volatile as interest rates rise or fall.

Senior floating-rate loans are usually rated below investment grade but may also be unrated. As a result, the risks associated with these loans are similar to the risks of high-yield fixed income instruments. High-yield securities, or “junk” bonds, are subject to greater market fluctuations and risk of loss than securities with higher ratings, and therefore, may be highly speculative. These securities are issued by companies that may have limited operating history, narrowly focused operations, and/or other impediments to the timely payment of periodic interest and principal at maturity. The market for high-yield securities is smaller and less liquid than that for investment grade securities.

To the extent a fund invests in floating or variable rate obligations that use the London Interbank Offered Rate (“LIBOR”) as a reference interest rate, it is subject to LIBOR Risk. The United Kingdom’s Financial Conduct Authority, which regulates LIBOR, will cease making LIBOR available as a reference rate over a phase-out period that will begin immediately after December 31, 2021. The unavailability or replacement of LIBOR may affect the value, liquidity or return on certain fund investments and may result in costs incurred in connection with closing out positions and entering into new trades. Any potential effects of the transition away from LIBOR on the fund or on certain instruments in which the fund invests can be difficult to ascertain, and they may vary depending on a variety of factors, and they could result in losses to the fund.

Income from municipal bonds held by a Fund could be declared taxable because of, among other things, unfavorable changes in tax laws, adverse interpretations by the Internal Revenue Service or state tax authorities, or noncompliant conduct of a bond issuer. Income from municipal bonds held by a Fund may be subject to the federal alternative minimum income tax.

Convertible securities have characteristics of both equity and debt securities and, as a result, are exposed to certain additional risks. The values of certain synthetic convertible securities will respond differently to market fluctuations than a traditional convertible security because such synthetic convertibles are composed of two or more separate securities or instruments, each with its own market value. A Fund is subject to the credit risk associated with the counterparty creating the synthetic convertible instrument. Synthetic convertible securities may also be subject to the risks associated with derivatives.

Exchange-traded notes (“ETNs”) are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market benchmark or strategy minus applicable fees. The value of an ETN may be influenced by various factors.

Real estate investment trusts (“REITs”) and real estate operating companies (“REOCs”) are subject to certain risks, including changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Master limited partnerships (“MLPs”) are subject to certain risks, including price and supply fluctuations caused by international politics, energy conservation, taxes, price controls, and other regulatory policies of various governments. In addition, there is the risk that an MLP could be taxed as a corporation, resulting in decreased returns from such MLP.

Blockchain technology is an entirely new and relatively untested technology and may never be implemented to a scale that provides identifiable economic benefit to the companies included in a blockchain index. Blockchain systems could be vulnerable to fraud. There is little regulation of blockchain technology and because blockchain technology systems may operate across many national boundaries and regulatory jurisdictions, it is possible that it may be subject to widespread and inconsistent regulation. The values of the companies included in a blockchain index may not be a reflection of their connection to blockchain technology, but may be based on other business operations. Currently, blockchain technology is primarily used for the recording of transactions in digital currency, which are extremely speculative, unregulated and volatile. Because digital assets registered in a blockchain do not have a standardized exchange, like a stock market, there is less liquidity for such assets and greater possibility of fraud or manipulation.

A Fund may invest in robotics and artificial intelligence companies, which may have limited product lines, markets, financial resources or personnel and are subject to the risks of changes in business cycles, world economic growth, technological progress, and government regulation. These companies are also heavily dependent on intellectual property rights, and challenges to or misappropriation of such rights could have a material adverse effect on such companies. Securities of robotics and artificial intelligence companies tend to be more volatile than securities of companies that rely less heavily on technology. Robotics and artificial intelligence companies typically engage in significant amounts of spending on research and development, and rapid changes to the field could have a material adverse effect on a company’s operating results.

The use of futures, options, and other derivatives can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives. These risks are heightened when a Fund’s portfolio managers use derivatives to enhance a Fund’s return or as a substitute for a position or security, rather than solely to hedge (or offset) the risk of a position or security held by a Fund.

The stocks of companies that have recently conducted an initial public offering have exhibited above-average price appreciation in connection with the initial public offering prior to inclusion in a Fund, which may not continue, and these investments may be subject to additional risks, price volatility and speculative trading.

A Fund may effect a portion of creations and redemptions for cash, rather than in-kind securities. As a result, an investment in a Fund may be less tax-efficient than an investment in an exchange-traded fund that effects its creations and redemptions for in-kind securities.

A Fund’s investment in repurchase agreements may be subject to market and credit risk with respect to the collateral securing the repurchase agreements.

Contacts

Press Inquiries Ryan Issakainen 630-765-8689

Broker Inquiries Sales Team 866-848-9727

Analyst Inquiries Stan Ueland 630-517-7633

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