First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) is an exchange-traded fund in the Infrastructure category. It has $12.08B in assets, an expense ratio of 0.56% and a 0.75% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified.