First Trust Alerian U.S. NextGen Infrastructure ETF

Frequently Asked Questions About RBLD

What does RBLD invest in?

The First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD), previously known as the First Trust Global Engineering and Construction ETF, aims to closely match the overall performance—encompassing both price appreciation and income generation—of the Alerian U.S. NextGen Infrastructure Index. This objective is pursued prior to the deduction of the Fund's own operational fees and expenses. Operating under a passive indexing strategy, the Fund generally commits at least 90% of its total net assets (including any funds borrowed for investment) to common stocks and Real Estate Investment Trusts (REITs) that are components of the underlying Index. Its core purpose is to replicate the Index's returns as accurately as possible, before accounting for its own costs. The Alerian U.S. NextGen Infrastructure Index is owned, created, managed, and financially supported by VettaFi LLC, also referred to as VettaFi or the Index Provider. VettaFi, in its capacity as the Index Provider, holds the authority to amend the Index's methodology at any given time, provided advance written notification is issued.

What is the expense ratio of RBLD?

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RBLD?

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) manages $56.9M 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 RBLD actively managed or an index fund?

RBLD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was RBLD launched?

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) launched in October 2008 and is managed by First Trust.

How has RBLD performed?

RBLD'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.