# First Trust Germany AlphaDEX Fund (FGM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fgm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: International Equity - Strategy: Thematic · Inception: 2012-02-14 The First Trust Germany AlphaDEX Fund is an exchange-traded fund (ETF) that seeks to mirror the total return, encompassing both capital appreciation and income, of the Nasdaq AlphaDEX Germany Index. Its primary goal is to deliver investment results that broadly align with this specific equity benchmark, before accounting for the fund's own operational costs and fees. ## Key Facts | Metric | Value | |---|---| | Price | $56.38 | | Expense Ratio | 0.80% | | Assets Under Management | $85.6M | | NAV | $57.05 | | Holdings Count | 40 | | Distribution Yield (TTM) | 1.90% | | Annual Distribution (TTM) | $1.07 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $54.83 – $71.12 | | Beta | 1.16 | ## Latest Distribution - Amount: $0.1906 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does FGM invest in? The First Trust Germany AlphaDEX Fund is an exchange-traded fund (ETF) that seeks to mirror the total return, encompassing both capital appreciation and income, of the Nasdaq AlphaDEX Germany Index. Its primary goal is to deliver investment results that broadly align with this specific equity benchmark, before accounting for the fund's own operational costs and fees. ### What is the expense ratio of FGM? First Trust Germany AlphaDEX Fund (FGM) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FGM? First Trust Germany AlphaDEX Fund (FGM) manages $85.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FGM actively managed or an index fund? FGM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FGM launched? First Trust Germany AlphaDEX Fund (FGM) launched in February 2012 and is managed by First Trust. ### How has FGM performed? FGM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FGM pay a dividend? First Trust Germany AlphaDEX Fund (FGM) currently distributes little or no income. Trailing-twelve-month yield is 1.90%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FGM pay dividends? First Trust Germany AlphaDEX Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FGM's dividend yield? FGM's trailing-twelve-month yield is 1.90%, calculated from the sum of dividends over the past year divided by the current price. ### When is FGM's next ex-dividend date? The most recently announced ex-dividend date for FGM was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FGM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FGM charge its expense ratio? The expense ratio is deducted in tiny daily slices from FGM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FGM cost more than a fund like VOO? FGM's strategy (current expense ratio 0.80%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FGM sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FGM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FGM (0.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fgm - Distribution history: https://www.dividenddata.com/funds/fgm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fgm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fgm/expenses - Peer comparison: https://www.dividenddata.com/funds/fgm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.