Features and News

Learning The Alphadex

First Trust rolls out 17 alpha-seeking ETFs, pushing the total number of U.S.-listed ETFs over 500.

ETF Report

 Second closed-end convert

Shortly after converting its Value Line Dividend Fund (FVD), a closed-end fund with $544 million in assets to an ETF in December, First Trust Advisors, the Lisle, IL-based firm known mostly for its closed-end funds in the past, filed with the SEC to convert another of its closedend funds to an ETF.