Symbols

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund·NASDAQ

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Key Stats

Assets Under Management

6.76BUSD

Fund Flows (1Y)

3.23BUSD

Dividend Yield

0.91%

Discount/Premium to NAV

0.15%

Shares Outstanding

39.45M

Expense Ratio

0.56%

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=grid

Inception Date

Nov 16, 2009

Structure

Open-Ended Fund

Index Tracked

Nasdaq Clean Edge Smart Grid Infrastructure 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

GRID is concentrated fund targeting global equities determined to be in the smart grid and electrical energy infrastructure sector as determined by Clean Edge. The fund includes companies that are either Pure Play — more than 50% revenues or Diversified — less than 50% revenues are derived from the smart grid and electrical energy infrastructure sector. The sector may include business in electric grid, electric meters and devices, networks, energy storage and management, and enabling software. GRID also screens for minimum liquidity and market cap. To enhance exposure to the smart grid market, the index provider uses a tiered weighting scheme. Securities are initially market cap weighted. Then a collective weight of 80% for Pure Play and 20% for Diversified are allocated. The Index is reconstituted semi-annually and rebalanced quarter.