- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Nov 27, 2007
- Business
- First Trust Dow Jones Global Select Dividend Index Fund (FGD) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the Dow Jones Global Select Dividend Index, a dividend yield-weighted index comprising approximately 100 stocks selected from the developed market portion of the Dow Jones World Index; the fund normally invests at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index or depositary receipts representing securities in the index; holdings span diversified sectors including financial services (38%), consumer cyclical (16%), communication services (9%), utilities (8%), and energy (6%), with geographic exposure primarily to non-U.S. stocks (86%) across developed markets in countries such as South Korea, the United States, Canada, the United Kingdom, Hong Kong, and Spain.
Launched on November 21, 2007 and domiciled in the United States, the fund is managed by First Trust Advisors L.P., based in Wheaton, Illinois, with a team including Roger Testin, Daniel Lindquist, Jon Erickson, David McGarel, Stan Ueland, Chris Peterson, and Erik Russo; it trades on NYSE Arca with total net assets of approximately $986 million, a net expense ratio of 0.56%, and quarterly distributions.
Recent developments include regular quarterly dividend distributions announced by First Trust Advisors L.P., such as those on December 15, 2025, alongside ongoing portfolio adjustments reflected in holdings updates as of October 24, 2025, featuring top positions like Kohl's Corporation (3%), Kiwoom Securities (2%), and Enagas S.A. (2%); First Trust Advisors, the fund's investment adviser, continues portfolio rebalancing and governance enhancements, including new trustee appointments in 2023-2025 and broader ETF lineup expansions by the firm, such as launches of new target outcome and thematic funds in 2025.