Symbols

FBT

First Trust NYSE Arca Biotechnology Index Fund·ARCA

--(--)

Key Stats

Assets Under Management

2.42BUSD

Fund Flows (1Y)

1.04BUSD

Dividend Yield

0.55%

Discount/Premium to NAV

-0.09%

Shares Outstanding

11.30M

Expense Ratio

0.54%

About First Trust NYSE Arca Biotechnology Index Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/retail/ETF/ETFsummary.aspx?Ticker=FBT

Inception Date

Jun 19, 2006

Structure

Open-Ended Fund

Index Tracked

NYSE Arca Biotechnology 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

FBT provides exposure to biotech companies involved in the use of biological processes to develop products or provide services. The underlying index contains 30 names, an increase from 20 in October 2014. Without a specific sector classification scheme, the fund's broad exposure could include access to pharmaceuticals and medical technology in addition to traditional biotech. Still, FBT's equal weighting of about 30 stocks produces a relatively concentrated basket. The index is reconstituted and rebalanced quarterly.