Symbols

FCTR

First Trust Lunt U.S. Factor Rotation ETF·CBOE

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Key Stats

Assets Under Management

55.57MUSD

Fund Flows (1Y)

-18.56MUSD

Dividend Yield

0.54%

Discount/Premium to NAV

-0.00%

Shares Outstanding

1.50M

Expense Ratio

0.65%

About First Trust Lunt U.S. Factor Rotation ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FCTR

Inception Date

Jul 25, 2018

Structure

Open-Ended Fund

Index Tracked

Lunt Capital Large Cap Factor Rotation 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 Portfolios LP

Distributor

First Trust Portfolios LP

FCTR tracks an index that tactically rotates exposure among either the highest or lowest scoring stocks for four separate investment factors: momentum, value, quality, and volatility. The index maintains two sub-indexes for each factor—high and low. Each month, it selects one of the two sub-indexes based on 12-month risk-adjusted relative strength. The four factors each received 25% weight at inception, but are only rebalanced back to equal weight in months when all four sub-indexes change. Each sub-index is composed of 50 securities from a universe of 500 US large-cap firms, selected and weighted by their factor scores. The momentum, value and volatility sub-indices are rebalanced semi-annually, and the quality sub-index is rebalanced annually.