Symbols

AIRR

First Trust RBA American Industrial Renaissance ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

8.64BUSD

Fund Flow (1Y)

2.95BUSD

Dividend Yield

0.15%

Discount / Premium to NAV

0.03%

Shares Outstanding

75.95M

Expense Ratio

0.69%

About First Trust RBA American Industrial Renaissance ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=AIRR

Inception Date

Mar 10, 2014

Structure

Open-Ended Fund

Index Tracked

Richard Bernstein Advisors American Industrial Renaissance

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

AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. AIRR excludes community banks outside traditional mid-western manufacturing hubs, like Pennsylvania, Wisconsin, Michigan, Ohio, Illinois, Indiana and Iowa. Firms with non-US sales of more than 25% are also excluded. The index is weighted using proprietary portfolio optimization method and ensures that Banks will have a 10% sector cap and issuers will not exceed a 4% weight. The Index is reconstituted and rebalanced quarterly.