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First Trust Dynamic Europe Equity Income Fund (FDEU)

Non U.S. Equity Funds - European Equity Funds

Data as of Jan. 17, 2020
Market Price $15.33 (+ $0.03)
NAV (Jan. 17, 2020) $16.16 (+ $0.08)
Premium / Discount -5.14% (-0.29%)
Fund Info
Inception Sept. 24, 2015
Sponsor First Trust Advisors
Website www.ftportfolios.com/R...
Objective: High level of current income with a secondary focus on capital appreciation.
Related Indexes
International Equity Index
High Income Index
Equity Income Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 17,231,908
Total Assets (Reported: June 30, 2019) $365M
Estimated Total Assets $378M
Net Assets $278M
Market Cap $264M
Purchases Turnover 385.70%
Sales Turnover 513.82%
Total Leverage 26.40%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.95%
Non Lev Exp Ratio 1.68%
Rel Lev Cost 0.74%
Discount Data
Average Discount (3 Yr) -6.96%
Discount Low(3 Yr) -13.78%
Discount High(3 Yr) 0.05%
Discount Rel Range 62.48%
Comp Discount 6.77
Discount St Dev (1Yr) 1.67
Z-Stat (6mo) 1.23
Z-Stat (1Yr) 1.79
Z-Stat (3Yr) 0.68
Comp Z-Stat (6mo) 0.67
Comp Z-Stat (3Yr) 1.08
Distribution Data
Market Yield 9.47%
Income Yield 6.41%
Lev Adj NAV Yield 7.11%
Distribution Frequency M
Current Distribution $0.121
Current Income $0.082
Ex-Date 1/2/20
Payable Date 1/15/20
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 1/21/20
RoC (1yr) 9.21%
RoC (3yr) 22.71%
Tax Dividend Data 2018 2016 - 2018
Income 75.4% 53.6%
ST Gains 0% 0%
QDI 63.5% 50.8%
LT Gains 24.7% 21.5%
RoC 0% 24.9%
Volume & Liquidity
Average Daily $ (M) $1,165
Avg Volume 30 day 89,034
Avg Volume 90 day 75,993
Volume Trend 17.16%
Comp Volume Trend 10.28%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's International Equity Index
Most Correlated Peer (Mk Pr): GF 70.0%
NAV - Price Correlation (30 d) -17.7%
NAV - Price Correlation (90 d) 83.2%
NAV - Price Correlation (1 Yr) 89.4%
Price St Dev (1Yr) 13.6%
NAV St Dev (1Yr) 12.9%
Earnings / Share (6/30/19) $0.104
Earn Coverage 86.20%
Earnings Trend Up
UNII / Share (6/30/19) $0.060
Rel UNII 6.13
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's International Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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