We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
First Trust VI Multi Asset Diversified Income Index Fund | NASDAQ:MDIV | NASDAQ | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.69 | 8.35 | 25.03 | 1 | 14:04:02 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.
ITEM 1. SCHEDULE OF INVESTMENTS. The Schedule(s) of Investments is attached
herewith.
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND - TDIV
PORTFOLIO OF INVESTMENTS
JUNE 30, 2013 (UNAUDITED)
SHARES/ UNITS DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- COMMON STOCKS - 99.7% COMMERCIAL SERVICES & SUPPLIES - 1.1% 119,447 Pitney Bowes, Inc...................................................... $ 1,753,482 --------------- COMMUNICATIONS EQUIPMENT - 14.0% 529,977 Cisco Systems, Inc..................................................... 12,883,741 18,262 Harris Corp............................................................ 899,404 2,071 InterDigital, Inc...................................................... 92,470 27,197 Motorola Solutions, Inc................................................ 1,570,083 2,172 Plantronics, Inc....................................................... 95,394 100,518 QUALCOMM, Inc.......................................................... 6,139,639 59,801 Tellabs, Inc........................................................... 118,406 --------------- 21,799,137 --------------- COMPUTERS & PERIPHERALS - 13.8% 28,380 Apple, Inc............................................................. 11,240,751 13,100 Diebold, Inc........................................................... 441,339 243,872 Hewlett-Packard Co..................................................... 6,048,026 14,376 Lexmark International, Inc............................................. 439,474 49,251 Seagate Technology PLC ................................................ 2,207,922 16,245 Western Digital Corp................................................... 1,008,652 --------------- 21,386,164 --------------- DIVERSIFIED TELECOMMUNICATION SERVICES - 13.0% 91,183 AT&T, Inc.............................................................. 3,227,878 1,962 Atlantic Tele-Network, Inc............................................. 97,433 71,408 BCE, Inc............................................................... 2,929,156 2,552 BT Group PLC, ADR ..................................................... 119,918 93,422 CenturyLink, Inc....................................................... 3,302,468 3,626 China Unicom Hong Kong Ltd., ADR ...................................... 47,646 3,289 Cogent Communications Group, Inc....................................... 92,585 23,142 Consolidated Communications Holdings, Inc.............................. 402,902 3,790 Nippon Telegraph & Telephone Corp., ADR ............................... 98,578 461,942 Oi S.A., ADR .......................................................... 831,496 92,181 TELUS Corp............................................................. 2,690,763 65,811 Verizon Communications, Inc............................................ 3,312,926 397,313 Windstream Corp........................................................ 3,063,283 --------------- 20,217,032 --------------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 1.7% 183,752 Corning, Inc........................................................... 2,614,791 --------------- HEALTH CARE TECHNOLOGY - 0.2% 2,427 Computer Programs & Systems, Inc....................................... 119,263 13,527 Quality Systems, Inc................................................... 253,090 --------------- 372,353 --------------- HOUSEHOLD DURABLES - 1.4% 58,660 Garmin Ltd............................................................. 2,121,146 --------------- INTERNET SOFTWARE & SERVICES - 0.7% 22,032 EarthLink, Inc......................................................... 136,819 8,305 InterActiveCorp........................................................ 394,986 |
See Notes to Quarterly Portfolio of Investments
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND - TDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
SHARES/ UNITS DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- COMMON STOCKS (CONTINUED) INTERNET SOFTWARE & SERVICES (CONTINUED) 5,822 j2 Global, Inc......................................................... $ 247,493 31,527 United Online, Inc..................................................... 238,974 --------------- 1,018,272 --------------- IT SERVICES - 9.0% 10,201 Amdocs Ltd............................................................. 378,355 15,630 Computer Sciences Corp................................................. 684,125 2,612 DST Systems, Inc....................................................... 170,642 1,873 Forrester Research, Inc................................................ 68,720 61,352 International Business Machines Corp................................... 11,724,981 65,707 SAIC, Inc.............................................................. 915,299 --------------- 13,942,122 --------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 23.1% 21,266 Altera Corp............................................................ 701,565 48,273 Analog Devices, Inc.................................................... 2,175,181 165,118 Applied Materials, Inc................................................. 2,461,909 3,705 ASML Holding NV ....................................................... 293,066 25,387 Avago Technologies Ltd................................................. 948,966 34,515 Broadcom Corp.......................................................... 1,165,227 11,593 Brooks Automation, Inc................................................. 112,800 33,396 Cypress Semiconductor Corp. (a) ....................................... 358,339 525,613 Intel Corp............................................................. 12,730,347 43,195 Intersil Corp.......................................................... 337,785 26,504 KLA-Tencor Corp........................................................ 1,477,068 36,450 Linear Technology Corp................................................. 1,342,818 63,833 Marvell Technology Group Ltd........................................... 747,485 53,828 Maxim Integrated Products, Inc......................................... 1,495,342 5,616 Micrel, Inc............................................................ 55,486 44,081 Microchip Technology, Inc.............................................. 1,642,017 6,883 MKS Instruments, Inc................................................... 182,675 34,713 NVIDIA Corp............................................................ 487,023 902 Power Integrations, Inc................................................ 36,585 5,060 Spreadtrum Communications, Inc., ADR .................................. 132,825 20,638 STMicroelectronics NV ................................................. 185,536 5,899 Tessera Technologies, Inc.............................................. 122,699 156,000 Texas Instruments, Inc................................................. 5,439,720 33,143 Xilinx, Inc............................................................ 1,312,794 --------------- 35,945,258 --------------- SOFTWARE - 14.8% 4,187 Blackbaud, Inc......................................................... 136,370 96,278 CA, Inc................................................................ 2,756,439 2,445 Ebix, Inc.............................................................. 22,641 19,459 Intuit, Inc............................................................ 1,187,583 365,879 Microsoft Corp......................................................... 12,633,802 189,010 Oracle Corp............................................................ 5,806,387 3,556 SAP AG, ADR ........................................................... 258,983 |
See Notes to Quarterly Portfolio of Investments
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND - TDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
SHARES/ UNITS DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- COMMON STOCKS (CONTINUED) SOFTWARE (CONTINUED) 3,464 Solera Holdings, Inc................................................... $ 192,772 --------------- 22,994,977 --------------- WIRELESS TELECOMMUNICATION SERVICES - 6.9% 61,387 America Movil SAB de CV, ADR .......................................... 1,335,167 23,962 China Mobile, Ltd., ADR ............................................... 1,240,513 70,414 Rogers Communications, Inc............................................. 2,760,229 13,616 Telephone & Data Systems, Inc.......................................... 335,634 186,469 VimpelCom Ltd., ADR ................................................... 1,875,878 110,202 Vodafone Group PLC, ADR ............................................... 3,167,206 --------------- 10,714,627 --------------- TOTAL INVESTMENTS - 99.7% ............................................. 154,879,361 (Cost $151,946,641) (b) NET OTHER ASSETS AND LIABILITIES - 0.3% ............................... 466,447 --------------- NET ASSETS - 100.0% ................................................... $ 155,345,808 =============== |
(a) Non-income producing security
(b) Aggregate cost for financial reporting purposes, which approximates the aggregate cost for federal income tax purposes. As of June 30, 2013, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $7,387,044 and the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $4,454,324.
ADR American Depositary Receipt
LEVEL 2 LEVEL 3 TOTAL LEVEL 1 SIGNIFICANT SIGNIFICANT VALUE AT QUOTED OBSERVABLE UNOBSERVABLE INVESTMENTS 6/30/2013 PRICES INPUTS INPUTS ------------------------------------------------ ------------ ------------- -------------- ------------- Common Stocks*................................ $154,879,361 $ 154,879,361 $ -- $ -- ============ ============= ============== ============= |
* See Portfolio of Investments for industry breakout.
All transfers in and out of the Levels during the period are assumed to be transferred on the last day of the period at their current value. There were no transfers between Levels at June 30, 2013.
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS
JUNE 30, 2013 (UNAUDITED)
SHARES DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- COMMON STOCKS - 24.7% AEROSPACE & DEFENSE - 0.5% 23,245 Lockheed Martin Corp................................................... $ 2,521,153 --------------- BIOTECHNOLOGY - 0.9% 532,672 PDL BioPharma, Inc..................................................... 4,112,228 --------------- CHEMICALS - 0.4% 62,098 Dow Chemical Co........................................................ 1,997,692 --------------- COMMERCIAL BANKS - 3.5% 42,471 Bank of Hawaii Corp.................................................... 2,137,141 112,241 FirstMerit Corp........................................................ 2,248,187 207,740 FNB Corp............................................................... 2,509,499 69,903 Hancock Holding Co..................................................... 2,101,983 228,576 National Penn Bancshares, Inc.......................................... 2,322,332 83,342 Trustmark Corp......................................................... 2,048,547 106,782 United Bankshares, Inc................................................. 2,824,384 --------------- 16,192,073 --------------- COMMERCIAL SERVICES & SUPPLIES - 0.4% 47,180 Waste Management, Inc.................................................. 1,902,769 --------------- DIVERSIFIED TELECOMMUNICATION SERVICES - 1.1% 76,987 AT&T, Inc.............................................................. 2,725,340 44,356 Verizon Communications, Inc............................................ 2,232,881 --------------- 4,958,221 --------------- ELECTRIC UTILITIES - 5.0% 43,279 ALLETE, Inc............................................................ 2,157,458 45,225 American Electric Power Co., Inc....................................... 2,025,176 38,363 Entergy Corp........................................................... 2,673,134 75,950 Exelon Corp............................................................ 2,345,336 68,608 FirstEnergy Corp....................................................... 2,561,823 94,917 Hawaiian Electric Industries, Inc...................................... 2,402,349 35,272 Pinnacle West Capital Corp............................................. 1,956,538 82,772 PPL Corp............................................................... 2,504,681 52,479 Southern Co............................................................ 2,315,898 67,990 Westar Energy, Inc..................................................... 2,172,960 --------------- 23,115,353 --------------- GAS UTILITIES - 1.4% 56,501 AGL Resources, Inc..................................................... 2,421,633 43,077 Laclede Group, Inc..................................................... 1,966,896 46,296 WGL Holdings, Inc...................................................... 2,000,913 --------------- 6,389,442 --------------- HOTELS, RESTAURANTS & LEISURE - 0.9% 40,908 Darden Restaurants, Inc................................................ 2,065,036 62,594 Six Flags Entertainment Corp........................................... 2,200,805 --------------- 4,265,841 --------------- HOUSEHOLD DURABLES - 0.4% 63,190 Leggett & Platt, Inc................................................... 1,964,577 --------------- |
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
SHARES/ UNITS DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- COMMON STOCKS (CONTINUED) MACHINERY - 0.5% 91,080 Harsco Corp............................................................ $ 2,112,145 --------------- MULTI-UTILITIES - 4.8% 73,508 Ameren Corp............................................................ 2,531,616 88,907 Avista Corp............................................................ 2,402,267 34,864 Dominion Resources, Inc................................................ 1,980,972 43,537 Integrys Energy Group, Inc............................................. 2,548,221 47,703 NorthWestern Corp...................................................... 1,903,350 47,426 PG&E Corp.............................................................. 2,168,791 66,783 Public Service Enterprise Group, Inc................................... 2,181,133 41,315 SCANA Corp............................................................. 2,028,566 148,085 TECO Energy, Inc....................................................... 2,545,581 61,970 Vectren Corp........................................................... 2,096,445 --------------- 22,386,942 --------------- OIL, GAS & CONSUMABLE FUELS - 0.5% 40,361 ConocoPhillips ........................................................ 2,441,840 --------------- PHARMACEUTICALS - 1.3% 42,809 Bristol-Myers Squibb Co................................................ 1,913,134 37,741 Eli Lilly & Co......................................................... 1,853,838 43,906 Merck & Co., Inc....................................................... 2,039,434 --------------- 5,806,406 --------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5% 86,277 Intel Corp............................................................. 2,089,629 --------------- SOFTWARE - 0.5% 76,968 CA, Inc................................................................ 2,203,594 --------------- THRIFTS & MORTGAGE FINANCE - 0.5% 179,138 Northwest Bancshares, Inc.............................................. 2,420,154 --------------- TOBACCO - 1.6% 74,411 Altria Group, Inc...................................................... 2,603,641 21,656 Philip Morris International, Inc....................................... 1,875,843 58,644 Reynolds American, Inc................................................. 2,836,610 --------------- 7,316,094 --------------- TOTAL COMMON STOCKS ................................................... 114,196,153 (Cost $112,353,093) --------------- MASTER LIMITED PARTNERSHIPS - 20.6% ENERGY EQUIPMENT & SERVICES - 0.9% 138,174 Exterran Partners, L.P................................................. 4,171,473 --------------- OIL, GAS & CONSUMABLE FUELS - 19.7% 127,692 Boardwalk Pipeline Partners, L.P....................................... 3,856,299 261,885 BreitBurn Energy Partners, L.P......................................... 4,779,401 54,479 Buckeye Partners, L.P.................................................. 3,822,247 159,151 Dorchester Minerals, L.P............................................... 3,897,608 548,113 Eagle Rock Energy Partners, L.P........................................ 4,313,649 |
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
SHARES/ UNITS DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- MASTER LIMITED PARTNERSHIPS (CONTINUED) OIL, GAS & CONSUMABLE FUELS (CONTINUED) 68,568 El Paso Pipeline Partners, L.P......................................... $ 2,994,365 131,939 Enbridge Energy Partners, L.P.......................................... 4,022,820 40,144 Energy Transfer Equity, L.P............................................ 2,401,414 79,235 Energy Transfer Partners, L.P.......................................... 4,004,537 38,308 Enterprise Products Partners, L.P...................................... 2,380,842 36,215 Kinder Morgan Energy Partners, L.P..................................... 3,092,761 170,742 Legacy Reserves, L.P................................................... 4,541,737 96,440 Martin Midstream Partners, L.P......................................... 4,252,040 290,582 Memorial Production Partners, L.P...................................... 5,695,407 100,699 NuStar Energy, L.P..................................................... 4,596,909 51,533 ONEOK Partners, L.P.................................................... 2,551,914 336,792 QR Energy, L.P......................................................... 5,924,171 147,493 Regency Energy Partners, L.P........................................... 3,977,886 77,425 Spectra Energy Partners, L.P........................................... 3,561,550 81,467 TC Pipelines, L.P...................................................... 3,933,227 80,981 Teekay LNG Partners L.P................................................ 3,538,870 112,311 Teekay Offshore Partners, L.P.......................................... 3,646,738 29,557 Western Gas Partners, L.P.............................................. 1,917,954 63,057 Williams Partners, L.P................................................. 3,253,741 --------------- 90,958,087 --------------- TOTAL MASTER LIMITED PARTNERSHIPS ..................................... 95,129,560 (Cost $90,987,949) --------------- REAL ESTATE INVESTMENT TRUSTS - 18.7% 481,149 Annaly Capital Management, Inc......................................... 6,048,043 1,499,218 ARMOUR Residential REIT, Inc........................................... 7,061,317 32,807 BRE Properties, Inc.................................................... 1,641,006 24,628 Camden Property Trust ................................................. 1,702,780 448,697 Capstead Mortgage Corp................................................. 5,429,234 85,656 CBL & Associates Properties, Inc....................................... 1,834,751 151,386 Colony Financial, Inc.................................................. 3,011,067 698,046 CYS Investments, Inc................................................... 6,429,004 54,783 EPR Properties ........................................................ 2,753,941 234,639 Hatteras Financial Corp................................................ 5,781,505 42,830 HCP, Inc............................................................... 1,946,195 347,944 Invesco Mortgage Capital, Inc.......................................... 5,761,953 62,421 LaSalle Hotel Properties .............................................. 1,541,799 50,255 LTC Properties, Inc.................................................... 1,962,458 178,952 Medical Properties Trust, Inc.......................................... 2,562,593 564,356 MFA Financial, Inc..................................................... 4,768,808 34,766 National Health Investors, Inc......................................... 2,081,093 58,918 National Retail Properties, Inc........................................ 2,026,779 419,425 NorthStar Realty Finance Corp.......................................... 3,816,767 86,736 Omega Healthcare Investors, Inc........................................ 2,690,551 85,494 Pennsylvania Real Estate Investment Trust ............................. 1,614,127 36,497 Plum Creek Timber Co., Inc............................................. 1,703,315 125,821 Redwood Trust, Inc..................................................... 2,138,957 |
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
SHARES DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- REAL ESTATE INVESTMENT TRUSTS (CONTINUED) 142,444 Starwood Property Trust, Inc........................................... $ 3,525,489 658,849 Two Harbors Investment Corp............................................ 6,753,202 --------------- TOTAL REAL ESTATE INVESTMENT TRUSTS ................................... 86,586,734 (Cost $94,678,254) --------------- |
STATED STATED SHARES DESCRIPTION RATE MATURITY VALUE --------------- ----------------------------------------- ------------- ------------- --------------- $25 PAR PREFERRED SECURITIES - 18.8% CAPITAL MARKETS - 3.6% 151,966 Deutsche Bank Capital Funding Trust IX 6.63% (a) 3,803,709 135,597 Deutsche Bank Contingent Capital Trust II 6.55% (a) 3,422,468 130,689 Deutsche Bank Contingent Capital Trust X 7.35% (a) 3,311,659 114,863 Deutsche Bank Contingent Capital Trust V 8.05% (a) 3,162,179 113,593 Goldman Sachs Group, Inc., Series B ... 6.20% (a) 2,838,689 --------------- 16,538,704 --------------- COMMERCIAL BANKS - 3.9% 112,518 BB&T Corp. ............................ 5.85% (a) 2,819,701 144,474 HSBC Holdings PLC, Series A ........... 6.20% (a) 3,594,513 89,239 US Bancorp., Series F ................. 6.50% (a) 2,507,616 132,664 Wells Fargo & Co., Series J ........... 8.00% (a) 3,839,296 217,882 Zions Bancorp., Series C .............. 9.50% (a) 5,534,203 --------------- 18,295,329 --------------- CONSUMER FINANCE - 0.8% 141,055 Ally Financial, Inc., Series A ........ 8.50% (a) 3,647,682 --------------- DIVERSIFIED FINANCIAL SERVICES - 4.9% 144,967 Bank of America Corp., Series D ....... 6.20% (a) 3,587,934 101,994 Bank of America Corp., Series I ....... 6.63% (a) 2,669,183 133,147 Bank of America Corp., Series J ....... 7.25% (a) 3,388,591 166,598 ING Groep NV .......................... 7.20% (a) 4,169,948 188,158 ING Groep NV .......................... 8.50% (a) 4,762,279 158,208 JPMorgan Chase & Co., Series J ........ 8.63% (a) 4,016,901 --------------- 22,594,836 --------------- INSURANCE - 5.6% 136,601 Aegon NV .............................. 6.38% (a) 3,368,581 153,163 Aegon NV .............................. 6.50% (a) 3,787,721 160,150 Aegon NV .............................. 6.88% (a) 3,992,539 168,153 Aegon NV .............................. 7.25% (a) 4,222,322 149,174 MetLife Inc., Series B ................ 6.50% (a) 3,771,119 137,680 PartnerRe Ltd., Series E .............. 7.25% (a) 3,731,128 |
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
STATED STATED SHARES DESCRIPTION RATE MATURITY VALUE --------------- ----------------------------------------- ------------- ------------- --------------- $25 PAR PREFERRED SECURITIES (CONTINUED) INSURANCE (CONTINUED) 116,391 Prudential PLC ........................ 6.50% (a) $ 2,923,742 --------------- 25,797,152 --------------- TOTAL $25 PAR PREFERRED SECURITIES .................................... 86,873,703 (Cost $87,697,778) --------------- $50 PAR PREFERRED SECURITIES - 0.7% OIL, GAS & CONSUMABLE FUELS - 0.7% 72,311 Apache Corp., Series D (b)............. 6.00% 08/01/13 3,452,127 --------------- TOTAL $50 PAR PREFERRED SECURITIES .................................... 3,452,127 (Cost $3,143,888) --------------- |
SHARES DESCRIPTION VALUE --------------- ----------------------------------------------------------------------- --------------- EXCHANGE-TRADED FUNDS - 14.6% CAPITAL MARKETS - 14.6% 740,798 iShares iBoxx $ High Yield Corporate Bond Fund ........................ 67,308,906 --------------- TOTAL EXCHANGE-TRADED FUNDS ........................................... 67,308,906 (Cost $69,478,103) --------------- TOTAL INVESTMENTS - 98.1% ............................................. 453,547,183 (Cost $458,339,065) (c) NET OTHER ASSETS AND LIABILITIES - 1.9% ............................... 8,764,732 --------------- NET ASSETS - 100.0% ................................................... $ 462,311,915 =============== |
(b) This security will automatically convert into shares of common stock on August 1, 2013.
(c) Aggregate cost for financial reporting purposes, which approximates the aggregate cost for federal income tax purposes. As of June 30, 2013, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $9,746,113 and the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $14,537,995.
See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND - MDIV
PORTFOLIO OF INVESTMENTS (CONTINUED)
JUNE 30, 2013 (UNAUDITED)
LEVEL 2 LEVEL 3 TOTAL LEVEL 1 SIGNIFICANT SIGNIFICANT VALUE AT QUOTED OBSERVABLE UNOBSERVABLE INVESTMENTS 6/30/2013 PRICES INPUTS INPUTS ------------------------------------------------ ------------ ------------- -------------- ------------- Common Stocks*.................................. $114,196,153 $ 114,196,153 $ -- $ -- Master Limited Partnerships*.................... 95,129,560 95,129,560 -- -- Real Estate Investment Trusts................... 86,586,734 86,586,734 -- -- $25 Par Preferred Securities*................... 86,873,703 86,873,703 -- -- $50 Par Preferred Securities*................... 3,452,127 3,452,127 -- -- Exchange-Traded Funds*.......................... 67,308,906 67,308,906 -- -- ------------ ------------- -------------- ------------- TOTAL INVESTMENTS............................... $453,547,183 $ 453,547,183 $ -- $ -- ============ ============= ============== ============= |
* See Portfolio of Investments for industry breakout.
All transfers in and out of the Levels during the period are assumed to be transferred on the last day of the period at their current value. There were no transfers between Levels at June 30, 2013.
See Notes to Quarterly Portfolio of Investments
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS
FIRST TRUST EXCHANGE-TRADED FUND VI
JUNE 30, 2013 (UNAUDITED)
1. ORGANIZATION
First Trust Exchange-Traded Fund VI (the "Trust") is an open-end management investment company organized as a Massachusetts business trust on June 4, 2012, and is registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended (the "1940 Act").
The Trust currently consists of two funds (each a "Fund" and collectively, the "Funds"):
First Trust NASDAQ Technology Dividend Index Fund - (NASDAQ(R) Stock Market
LLC ("NASDAQ") ticker "TDIV")
Multi-Asset Diversified Income Index Fund - (NASDAQ ticker "MDIV")
2. VALUATION AND INVESTMENT PRACTICES
A. PORTFOLIO VALUATION
Each Fund's net asset value ("NAV") is determined daily as of the close of regular trading on the New York Stock Exchange ("NYSE"), normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. The NAV is calculated by dividing the value of all assets of the Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of shares outstanding.
Each Fund's investments are valued daily at market value or, in the absence of market value with respect to any portfolio securities, at fair value in accordance with valuation procedures adopted by the Trust's Board of Trustees and in accordance with the 1940 Act. Each Fund's securities will be valued as follows:
Common stocks and other equity securities listed on any national or foreign exchange (excluding NASDAQ and the London Stock Exchange Alternative Investment Market ("AIM")) are valued at the last sale price on the exchange on which they are principally traded or, for NASDAQ and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the securities exchange representing the principal market for such securities.
Securities traded in an over-the-counter market are valued at the closing bid prices.
Short-term investments that mature in less than 60 days when purchased are valued at amortized cost.
Certain securities may not be able to be priced by pre-established pricing methods. Such securities may be valued by the Board of Trustees or its delegate at fair value. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933, as amended) for which a pricing service is unable to provide a market price; securities whose trading has been formally suspended; a security whose market price is not available from a pre-established pricing source; a security with respect to which an event has occurred that is likely to materially affect the value of the security after the market has closed but before the calculation of a Fund's NAV or make it difficult or impossible to obtain a reliable market quotation; and a security whose price, as provided by the pricing service, does not reflect the security's "fair value." As a general principle, the current "fair value" of a security would appear to be the amount which the owner might reasonably expect to receive for the security upon its current sale. The use of fair value prices by a Fund generally results in prices used by the Fund that may differ from current market quotations or official closing prices on the applicable exchange. A variety of factors may be considered in determining the fair value of such securities including, but not limited to, the following:
1) the type of security;
2) the size of the holding;
3) the initial cost of the security;
4) transactions in comparable securities;
5) price quotes from dealers and/or pricing services;
6) relationships among various securities;
7) information obtained by contacting the issuer, analysts, or the
appropriate stock exchange;
8) an analysis of the issuer's financial statements; and
9) the existence of merger proposals or tender offers that might affect
the value of the security.
In addition, differences between the prices used to calculate a Fund's NAV and the prices used by such Fund's corresponding index could result in a difference between a Fund's performance and the performance of its underlying index.
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS - (CONTINUED)
FIRST TRUST EXCHANGE-TRADED FUND VI
JUNE 30, 2013 (UNAUDITED)
The Funds are subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:
o Level 1 - Level 1 inputs are quoted prices in active markets for identical investments. An active market is a market in which transactions for the investment occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
o Level 2 - Level 2 inputs are observable inputs, either directly or indirectly, and include the following:
o Quoted prices for similar investments in active markets.
o Quoted prices for identical or similar investments in markets that are non-active. A non-active market is a market where there are few transactions for the investment, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly.
o Inputs other than quoted prices that are observable for the investment (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates).
o Inputs that are derived principally from or corroborated by observable market data by correlation or other means.
o Level 3 - Level 3 inputs are unobservable inputs. Unobservable inputs may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.
The inputs or methodology used for valuing investments are not necessarily an indication of the risk associated with investing in those investments. A summary of the inputs used to value each Fund's investments as of June 30, 2013, is included with each Fund's Portfolio of Investments.
B. SECURITIES TRANSACTIONS
Securities transactions are recorded as of the trade date. Realized gains and losses from securities transactions are recorded on the identified cost basis.
C. SECURITIES LENDING
The Funds may lend securities representing up to 33 1/3% of the value of their total assets to broker-dealers, banks and other institutions to generate additional income. When a Fund loans its portfolio securities, it will receive, at the inception of each loan, collateral equal to at least 102% (for domestic securities) or 105% (for international securities) of the market value of the loaned securities. The collateral amount is valued at the beginning of each business day and is compared to the market value of the loaned securities from the prior business day to determine if additional collateral is required. If additional collateral is required, a request is sent to the borrower. Securities lending involves the risk that the Fund may lose money because the borrower of the Fund's loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of (i) a decline in the value of the collateral provided for the loaned securities, (ii) a decline in the value of any investments made with cash collateral or (iii) an increase in the value of the loaned securities if the borrower does not increase the collateral accordingly and the borrower fails to return the securities. These events could also trigger adverse tax consequences for the Fund.
Under the Funds' securities lending agreement, the securities lending agent will generally bear the risk that a borrower may default on its obligation to return loaned securities. The Funds, however, will be responsible for the risks associated with the investment of cash collateral. A Fund may lose money on its investment of cash collateral, which may affect its ability to repay the collateral to the borrower without the use of other Fund assets. Each Fund that engages in securities lending receives compensation (net of any rebate and securities lending agent fees) for lending its securities in the form of fees or interest on the investment of any cash received as collateral. The dividend and interest earned on the securities loaned is accounted for in the same manner as other dividend and interest income. At June 30, 2013, the Fund had no securities in the securities lending program.
ADDITIONAL INFORMATION
FIRST TRUST EXCHANGE-TRADED FUND VI
JUNE 30, 2013 (UNAUDITED)
LICENSING INFORMATION
NASDAQ(R), OMX(R), NASDAQ OMX(R), NASDAQ Technology Dividend Index(SM) and NASDAQ Multi-Asset Diversified Income Index(SM) are registered trademarks and service marks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by First Trust Advisors L.P. on behalf of the Funds. The Funds have not been passed on by the Corporations as to their legality or suitability. The Funds are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUNDS.
ITEM 2. CONTROLS AND PROCEDURES.
(a) The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).
(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
ITEM 3. EXHIBITS.
Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
By (Signature and Title)* /s/ Mark R. Bradley ------------------------------------------------ Mark R. Bradley, President and Chief Executive Officer (principal executive officer) |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Mark R. Bradley ------------------------------------------------ Mark R. Bradley, President and Chief Executive Officer (principal executive officer) |
By (Signature and Title)* /s/ James M. Dykas ------------------------------------------------ James M. Dykas, Treasurer, Chief Financial Officer and Chief Accounting Officer (principal financial officer) |
* Print the name and title of each signing officer under his or her signature.
1 Year First Trust VI Multi Ass... Chart |
1 Month First Trust VI Multi Ass... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions