First Trust Alerian U.S. NextGen Infrastructure ETF
RBLD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive Wheaton IL United States of America 60187
- IPO Date
- Oct 17, 2008
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Alerian U.S. NextGen Infrastructure Index. The fund normally invests at least 90% of its net assets (plus any borrowings for investment purposes) in common stocks and real estate investment trusts (REITs) comprising the index, which targets U.S.-domiciled and incorporated companies engaged in the construction, development, operation, and maintenance of infrastructure assets across segments such as electrical equipment, machinery, construction and engineering, energy equipment and services, metals and mining, oil, gas and consumable fuels, electric utilities, multi-utilities, ground transportation, building products, specialized REITs, and IT services. Holdings include top positions in companies like Bloom Energy Corporation, MongoDB Inc., Halliburton Company, Caterpillar Inc., and Cummins Inc., with approximately 101 securities providing diversified exposure to next-generation U.S. infrastructure themes including energy transition, power generation, data centers, and transportation. Originally launched on October 13, 2008, as First Trust Exchange-Traded Fund II - First Trust Global Engineering and Construction ETF tracking the ISE Global Engineering and Construction Index, the fund underwent a significant strategic shift in 2022, changing its name to First Trust Alerian U.S. NextGen Infrastructure ETF, adopting the RBLD ticker, and reorienting to the Alerian U.S. NextGen Infrastructure Index as approved by shareholders on July 25, 2022, with implementation around August 1, 2022. The fund is managed by First Trust Advisors L.P., a federally registered investment advisor based in Wheaton, Illinois, with its affiliate First Trust Portfolios L.P. serving as distributor; First Trust entities were founded in 1991 and oversee approximately $268 billion to $304 billion in assets under management or supervision as of mid-2025. It operates primarily in the United States, listing on NYSE Arca, with quarterly distributions, a net expense ratio of 0.65%, and assets under management around $14.9 million to $19 million. Recent developments include ongoing portfolio adjustments reflecting index rebalances, such as positions in emerging infrastructure players like Oklo Inc. and CoreWeave Inc., alongside traditional leaders like NextEra Energy Inc. and Quanta Services Inc., with a dividend declaration of $0.331 per share in December 2024 and continued quarterly payouts into 2025. No major partnerships, acquisitions, or funding rounds specific to RBLD have been announced in the last 1-2 years, though First Trust Advisors has pursued broader reorganizations, such as the June 30, 2025, completion of the merger of First Trust Specialty Finance and Financial Opportunities Fund into FT Confluence BDC & Specialty Finance Income ETF. The fund maintains a focus on mid- to large-cap blend style within the industrials sector, targeting investors seeking thematic exposure to U.S. infrastructure modernization without direct international operations.