Symbols

AFMC

First Trust Active Factor Mid Cap ETF·ARCA

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Key Stats

Assets Under Management

117.85MUSD

Fund Flows (1Y)

62.59MUSD

Dividend Yield

0.88%

Discount/Premium to NAV

0.11%

Shares Outstanding

3.15M

Expense Ratio

0.65%

About First Trust Active Factor Mid Cap ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

Dec 3, 2019

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

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

AFMC constructs its portfolio by using a multi-factor quantitative methodology with active risk management to screen US companies in the mid-cap space. Securities selected are exhibiting exposures to one or more investing factors — value, momentum, quality, and low volatility. AFMC being actively-managed, the advisor is able to alter the investing factors used in the portfolio construction in response to changes in market conditions, emergent academic research or other considerations, in addition to managing risk exposure.