Symbols

FEM

First Trust Emerging Markets AlphaDEX Fund·NASDAQ

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Key Stats

Assets Under Management

606.76MUSD

Fund Flow (1Y)

109.30MUSD

Dividend Yield

2.92%

Discount / Premium to NAV

0.93%

Shares Outstanding

20.80M

Expense Ratio

0.80%

About First Trust Emerging Markets AlphaDEX Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

Apr 18, 2011

Structure

Open-Ended Fund

Index Tracked

NASDAQ AlphaDEX Emerging Markets 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

FEM does not promise broad exposure to emerging markets, trying instead to build a portfolio of stocks positioned to outperform. The fund uses a selection methodology focused on growth and value factors to screen firms by scoring each security twice by both growth and value characteristics, assigning whatever score is highest as the stock's style score. It then takes the 150 top-scoring stocks and breaks them into quintiles, giving higher-scoring quintiles greater weight in the index. The index is rebalanced and reconstituted semi-annually.