1933 Act File Number 333- 174332
Rule 497(e)
First Trust
Exchange-Traded Fund IV |
Ticker Symbol: |
DOGG |
Exchange: |
Cboe BZX |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
Management Fees |
|
Distribution and Service (12b-1) Fees |
|
Other Expenses(1)
|
|
Total Annual Fund Operating Expenses |
|
1 Year |
3 Years |
$ |
$ |
First Trust
Exchange-Traded Fund IV |
FUND NAME |
TICKER SYMBOL |
EXCHANGE |
FT Vest DJIA® Dogs 10 Target Income ETF |
DOGG |
Cboe BZX |
Name and
Year of Birth |
Position
and Offices
with Trust |
Term of
Office and
Year First
Elected or
Appointed |
Principal Occupations
During Past 5 Years |
Number of
Portfolios
in the First
Trust Fund
Complex
Overseen
by Trustee |
Other
Trusteeships or
Directorships
Held by
Trustee
During the
Past 5 Years |
TRUSTEE WHO IS AN INTERESTED PERSON OF THE TRUST | |||||
James A. Bowen (1)
1955 |
Chairman of the
Board and Trustee |
•Indefinite term
•Since inception |
Chief Executive Officer, First Trust
Advisors L.P. and First Trust Portfolios
L.P.; Chairman of the Board of Directors,
BondWave LLC (Software Development
Company) and Stonebridge Advisors LLC
(Investment Advisor) |
230 Portfolios |
None |
INDEPENDENT TRUSTEES | |||||
Richard E. Erickson
1951 |
Trustee |
•Indefinite term
•Since inception |
Retired; Physician, Edward-Elmhurst
Medical Group (2021 to September
2023); Physician and Officer, Wheaton
Orthopedics (1990 to 2021) |
230 Portfolios |
None |
Name and
Year of Birth |
Position
and Offices
with Trust |
Term of
Office and
Year First
Elected or
Appointed |
Principal Occupations
During Past 5 Years |
Number of
Portfolios
in the First
Trust Fund
Complex
Overseen
by Trustee |
Other
Trusteeships or
Directorships
Held by
Trustee
During the
Past 5 Years |
INDEPENDENT TRUSTEES | |||||
Thomas R. Kadlec
1957 |
Trustee |
•Indefinite term
•Since inception |
Retired; President, ADM Investor
Services, Inc. (Futures Commission
Merchant) (2010 to July 2022) |
230 Portfolios |
Director, National
Futures
Association;
formerly, Director
of ADM Investor
Services, Inc.,
ADM Investor
Services
International,
ADMIS Hong Kong
Ltd., ADMIS
Singapore Ltd. and
Futures Industry
Association |
Denise M. Keefe
1964 |
Trustee |
•Indefinite term
•Since 2021 |
Executive Vice President, Advocate
Aurora Health and President, Advocate
Aurora Continuing Health Division
(Integrated Healthcare System) |
230 Portfolios |
Director and Board
Chair of Advocate
Home Health
Services, Advocate
Home Care
Products and
Advocate Hospice;
Director and Board
Chair of Aurora At
Home (since
2018); Director of
Advocate
Physician Partners
Accountable Care
Organization;
Director of RML
Long Term Acute
Care Hospitals;
Director of Senior
Helpers (since
2021); and
Director of
MobileHelp (since
2022) |
Robert F. Keith
1956 |
Trustee |
•Indefinite term
•Since inception |
President, Hibs Enterprises (Financial and
Management Consulting) |
230 Portfolios |
Formerly, Director
of Trust Company
of Illinois |
Niel B. Nielson
1954 |
Trustee |
•Indefinite term
•Since inception |
Senior Advisor (2018 to present),
Managing Director and Chief Operating
Officer (2015 to 2018), Pelita Harapan
Educational Foundation (Educational
Products and Services) |
230 Portfolios |
None |
Bronwyn Wright
1971 |
Trustee |
•Indefinite term
•Since 2023 |
Independent Director to a number of Irish
collective investment funds (2009 to
present); Various roles at international
affiliates of Citibank (1994 to 2009),
including Managing Director, Citibank
Europe plc and Head of Securities and
Fund Services, Citi Ireland (2007 to
2009) |
221 Portfolios |
None |
Name and
Year of Birth |
Position and
Offices with Trust |
Term of Office and
Length of Service |
Principal Occupations
During Past 5 Years |
OFFICERS OF THE TRUST | |||
James M. Dykas
1966 |
President and Chief
Executive Officer |
•Indefinite term
•Since 2016 |
Managing Director and Chief Financial Officer, First
Trust Advisors L.P. and First Trust Portfolios L.P.;
Chief Financial Officer, BondWave LLC (Software
Development Company) and Stonebridge Advisors
LLC (Investment Advisor) |
Name and
Year of Birth |
Position and
Offices with Trust |
Term of Office and
Length of Service |
Principal Occupations
During Past 5 Years |
W. Scott Jardine
1960 |
Secretary and Chief Legal
Officer |
•Indefinite term
•Since inception |
General Counsel, First Trust Advisors L.P. and First
Trust Portfolios L.P.; Secretary and General Counsel,
BondWave LLC; and Secretary, Stonebridge Advisors
LLC |
Daniel J. Lindquist
1970 |
Vice President |
•Indefinite term
•Since inception |
Managing Director, First Trust Advisors L.P. and First
Trust Portfolios L.P. |
Kristi A. Maher
1966 |
Chief Compliance Officer
and Assistant Secretary |
•Indefinite term
•Since inception |
Deputy General Counsel, First Trust Advisors L.P.
and First Trust Portfolios L.P. |
Derek D. Maltbie
1972 |
Treasurer, Chief Financial
Officer and Chief
Accounting Officer |
•Indefinite term
•Since 2023 |
Senior Vice President, First Trust Advisors L.P. and
First Trust Portfolios L.P., July 2021 – present.
Previously, Vice President, First Trust Advisors L.P.
and First Trust Portfolios L.P., 2014 –2021. |
Roger F. Testin
1966 |
Vice President |
•Indefinite term
•Since inception |
Senior Vice President, First Trust Advisors L.P. and
First Trust Portfolios L.P. |
Stan Ueland
1970 |
Vice President |
•Indefinite term
•Since inception |
Senior Vice President, First Trust Advisors L.P. and
First Trust Portfolios L.P. |
Name of Trustee |
Estimated Compensation from
the Fund (1)
|
Total Compensation from
the First Trust Fund Complex (2)
|
Richard E. Erickson |
$1,918 |
$523,750 |
Thomas R. Kadlec |
$1,918 |
$524,820 |
Denise M. Keefe |
$1,904 |
$504,158 |
Robert F. Keith |
$1,911 |
$514,231 |
Niel B. Nielson |
$1,925 |
$533,750 |
Bronwyn Wright |
$- |
$- |
Trustee |
Dollar Range of Equity
Securities in the Fund
(Number of Shares
Held) |
Aggregate Dollar
Range of Equity
Securities in All
Registered Investment
Companies Overseen
by Trustee in the First
Trust Fund Complex |
Interested Trustee | ||
James A. Bowen |
None |
Over $100,000 |
Trustee |
Dollar Range of Equity
Securities in the Fund
(Number of Shares
Held) |
Aggregate Dollar
Range of Equity
Securities in All
Registered Investment
Companies Overseen
by Trustee in the First
Trust Fund Complex |
Independent Trustees | ||
Richard E. Erickson |
None |
Over $100,000 |
Thomas R. Kadlec |
None |
Over $100,000 |
Denise M. Keefe |
None |
Over $100,000 |
Robert F. Keith |
None |
Over $100,000 |
Niel B. Nielson |
None |
Over $100,000 |
Bronwyn Wright(3)
|
None |
None |
Management Fee |
Breakpoints |
0.75000% |
Fund net assets up to and including $2.5 billion |
0.73125% |
Fund net assets greater than $2.5 billion up to and including $5 billion |
0.71250% |
Fund net assets greater than $5 billion up to and including $7.5 billion |
0.69375% |
Fund net assets greater than $7.5 billion up to and including $10 billion |
0.67500% |
Fund net assets greater than $10 billion |
Portfolio
Managers |
Registered
Investment
Companies
Number of
Accounts
($ Assets in
Thousands) |
Other Pooled
Investment
Vehicles
Number of
Accounts
($ Assets in
Thousands) |
Other Accounts
Number of
Accounts
($ Assets in
Thousands) |
Registered
Investment
Companies With
Performance Fees
Number of
Accounts
($ Assets in
Thousands) |
Other Pooled
Investment Vehicles
With
Performance Fees
Number of
Accounts
($ Assets in
Thousands) |
Other Accounts
With
Performance
Fees
Number of
Accounts
($ Assets in
Thousands) |
Karan Sood |
48 ($9,917,593) |
8 ($138,070) |
N/A |
N/A |
N/A |
N/A |
Howard Rubin |
48 ($9,917,593) |
8 ($138,070) |
N/A |
N/A |
N/A |
N/A |