Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment.
Frequently asked questions
What is the First Trust Active Factor Small Cap ETF (AFSM) expense ratio?
The First Trust Active Factor Small Cap ETF funds expense ratio is 0.75%.
What is First Trust Active Factor Small Cap ETF (AFSM) current stock price?
As of the latest data, First Trust Active Factor Small Cap ETF stock price is $40.46, with a previous close of $40.28. First Trust Active Factor Small Cap ETF gained $0.18 in the last trading session, representing a 0.45% increase.
Does First Trust Active Factor Small Cap ETF (AFSM) pay dividends?
Yes. First Trust Active Factor Small Cap ETF pays quarterly dividends with an annualized yield of 0.5% and an estimated annual payout of $0.20 per share.