Symbols

FIW

First Trust Water ETF·NYSE

--(--)

Key Stats

Assets Under Management

1.97BUSD

Fund Flows (1Y)

12.04MUSD

Dividend Yield

0.65%

Discount/Premium to NAV

Shares Outstanding

17.40M

Expense Ratio

0.51%

About First Trust Water ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

May 8, 2007

Structure

Open-Ended Fund

Index Tracked

ISE Clean Edge Water 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

FIW holds 36 of the largest US-listed water companies, ranked by market cap and weighted equally within five tiers. Companies of any market capitalization that derive revenue from the potable and wastewater industry are selected. In addition, its tiered equal-weighting scheme boosts the weight of small- and micro-cap companies, hence, reducing concentration. FIW changed its name from First Trust ISE Water Index Fund to First Trust Water ETF on December 14, 2016, which had no impact to FIW's investment strategy. The index is rebalanced and reconstituted semi-annually.