Symbols

FXZ

First Trust Materials AlphaDEX Fund·ARCA

--(--)

Key Stats

Assets Under Management

299.52MUSD

Fund Flows (1Y)

-10.67MUSD

Dividend Yield

1.47%

Discount/Premium to NAV

0.05%

Shares Outstanding

4.05M

Expense Ratio

0.61%

About First Trust Materials AlphaDEX Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=Fxz

Inception Date

May 8, 2007

Structure

Open-Ended Fund

Index Tracked

StrataQuant Materials Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

FXZ utilizes a quant-driven strategy to pick the 'best' basic materials firms in the US, using growth and value screeners. This minimalist approach, combined with a tiered equal-weighting scheme, leads to a concentrated portfolio that tilts away from large-caps and leans toward mid-caps. The result is major sector tilts, with elevated risk at times. Overall, FXZ offers a "smart beta” approach to the US basic materials space, instead of providing market-like sector exposure. The index is reconstituted and rebalanced quarterly