Symbols

FTCS

First Trust Capital Strength ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

8.48BUSD

Fund Flows (1Y)

-1.14BUSD

Dividend Yield

0.97%

Discount/Premium to NAV

-0.03%

Shares Outstanding

85.50M

Expense Ratio

0.52%

About First Trust Capital Strength ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

Jul 6, 2006

Structure

Open-Ended Fund

Index Tracked

Capital Strength 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

FTCS seeks to outperform the broader large-cap space by selecting companies based on their strength of their balance sheets, looking at cash balances, long-term debt ratios, and ROE. FTCS picks from a relatively narrow subset of the large-cap universe: the NASDAQ US benchmark, a 500-firm composite of NASDAQ-listed companies. By design, FTCS will always struggle to reflect the broad large-cap market given its limited selection universe, but it fills a niche within a crowded segment. The index undergoes quarterly reconstitution and rebalance. FTCS formerly tracked a large-cap value index and traded under the ticker FDV. The fund was rebranded in May 2013.