The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of micro-cap stocks issued by U.S. companies that are comparatively liquid and have strong fundamentals relative to the micro-cap segment as a whole.
Frequently asked questions
What is the First Trust Dow Jones Select MicroCap Index Fund (FDM) expense ratio?
The First Trust Dow Jones Select MicroCap Index Fund funds expense ratio is 0.6%.
What is First Trust Dow Jones Select MicroCap Index Fund (FDM) current stock price?
As of the latest data, First Trust Dow Jones Select MicroCap Index Fund stock price is $90.83, with a previous close of $90.67. First Trust Dow Jones Select MicroCap Index Fund gained $0.16 in the last trading session, representing a 0.18% increase.
Does First Trust Dow Jones Select MicroCap Index Fund (FDM) pay dividends?
Yes. First Trust Dow Jones Select MicroCap Index Fund pays quarterly dividends with an annualized yield of 1.5% and an estimated annual payout of $1.37 per share.
