First Trust ISE Water Index Fund (FIW)

First Trust ISE Water Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the ISE Water Index. The ISE Water IndexTM is a modified market capitalization-weighted index comprised of exchange-listed companies that derive a substantial portion of their revenues from the potable and wastewater industry. The Index begins by establishing the total population of stocks in the potable and wastewater industry and eliminates stocks which do not meet the Index’s baseline eligibility requirements. To meet Index eligibility, a stock must satisfy market capitalization, liquidity and weighting concentration requirements. The Index selects the top 36 stocks in the industry by market capitalization. The Index is rebalanced on the application of the above model on a semi-annual basis.(Source: www.ftportfolios.com) [read more]

Last Trade: $28.87 Trade Time: 05/17/2013 Prev Close: $28.87 Open: $28.95 High: $29.17 Low: $28.95 Volume: 13,183 Optionable: No

Yield: 0.336 Annual Dividend: 0.098 Dividend Freq: Quarterly Leverage: No Inverse: No Expense Ratio: 0.600 Inception Date: 05/11/2007