UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-22717
First Trust Exchange-Traded Fund VI
(Exact name of registrant as specified in charter)
120 East Liberty Drive, Suite 400
Wheaton, IL 60187
(Address of principal executive offices) (Zip code)
W. Scott Jardine, Esq.
First Trust Portfolios L.P.
120 East Liberty Drive, Suite 400
Wheaton, IL 60187
(Name and address of agent for service)
Registrant's telephone number, including area code: 630-765-8000
Date of fiscal year end: September 30
Date of reporting period: December 31, 2012
Form N-Q is to be used by management investment companies, other than small
business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of
this chapter), to file reports with the Commission, not later than 60 days after
the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under
the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use
the information provided on Form N-Q in its regulatory, disclosure review,
inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and
the Commission will make this information public. A registrant is not required
to respond to the collection of information contained in Form N-Q unless the
Form displays a currently valid Office of Management and Budget ("OMB") control
number. Please direct comments concerning the accuracy of the information
collection burden estimate and any suggestions for reducing the burden to the
Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC
20549. The OMB has reviewed this collection of information under the clearance
requirements of 44 U.S.C. ss. 3507.
ITEM 1. SCHEDULE OF INVESTMENTS. The Schedule(s) of Investments is attached
herewith.
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND
PORTFOLIO OF INVESTMENTS
DECEMBER 31, 2012 (UNAUDITED)
SHARES DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
COMMON STOCKS - 99.9%
COMMERCIAL SERVICES & SUPPLIES - 1.3%
60,324 Pitney Bowes, Inc...................................................... $ 641,847
---------------
COMMUNICATIONS EQUIPMENT - 17.0%
2,584 ADTRAN, Inc............................................................ 50,491
204,518 Cisco Systems, Inc..................................................... 4,018,779
7,099 Harris Corp............................................................ 347,567
863 InterDigital, Inc...................................................... 35,469
10,660 Motorola Solutions, Inc................................................ 593,549
856 Plantronics, Inc....................................................... 31,561
53,429 QUALCOMM, Inc.......................................................... 3,313,667
18,576 Tellabs, Inc........................................................... 42,353
---------------
8,433,436
---------------
COMPUTERS & PERIPHERALS - 7.0%
5,396 Diebold, Inc........................................................... 165,172
148,862 Hewlett-Packard Co..................................................... 2,121,283
6,567 Lexmark International, Inc............................................. 152,289
33,827 Seagate Technology PLC ................................................ 1,031,047
---------------
3,469,791
---------------
DIVERSIFIED TELECOMMUNICATION SERVICES - 13.2%
28,329 AT&T, Inc.............................................................. 954,971
824 Atlantic Tele-Network, Inc............................................. 30,249
22,857 BCE, Inc............................................................... 981,479
1,237 BT Group PLC, ADR ..................................................... 47,043
24,893 CenturyLink, Inc....................................................... 973,814
1,071 China Unicom Hong Kong Ltd., ADR ...................................... 17,447
4,052 Chunghwa Telecom Co., Ltd., ADR ....................................... 131,042
8,540 Consolidated Communications Holdings, Inc.............................. 135,957
38,004 France Telecom S.A., ADR .............................................. 419,944
5,115 Telekomunikasi Indonesia Persero Tbk PT, ADR .......................... 188,999
11,366 TELUS Corp............................................................. 740,381
21,914 Verizon Communications, Inc............................................ 948,219
115,377 Windstream Corp........................................................ 955,321
---------------
6,524,866
---------------
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 2.1%
81,535 Corning, Inc........................................................... 1,028,972
---------------
HEALTH CARE TECHNOLOGY - 0.1%
866 Computer Programs & Systems, Inc. ..................................... 43,594
---------------
HOUSEHOLD DURABLES - 1.6%
19,169 Garmin Ltd. ........................................................... 782,479
---------------
INTERNET SOFTWARE & SERVICES - 0.4%
2,366 InterActiveCorp. ...................................................... 111,912
2,900 j2 Global, Inc. ....................................................... 88,682
---------------
200,594
---------------
|
See Notes to Quarterly Portfolio of Investments Page 1
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
SHARES DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
COMMON STOCKS - (CONTINUED)
IT SERVICES - 9.4%
7,345 Computer Sciences Corp. ............................................... $ 294,167
1,414 DST Systems, Inc. ..................................................... 85,688
752 Forrester Research, Inc. .............................................. 20,154
2,394 Infosys Ltd., ADR ..................................................... 101,266
20,347 International Business Machines Corp. ................................. 3,897,468
24,005 SAIC, Inc. ............................................................ 271,737
---------------
4,670,480
---------------
MEDIA - 0.2%
2,536 Virgin Media, Inc. .................................................... 93,198
---------------
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 26.7%
7,569 Altera Corp. .......................................................... 260,676
19,201 Analog Devices, Inc. .................................................. 807,594
88,195 Applied Materials, Inc. ............................................... 1,008,951
1,216 ARM Holdings PLC, ADR ................................................. 46,001
2,063 ASML Holding NV ....................................................... 132,878
8,787 Avago Technologies Ltd. ............................................... 278,196
6,200 Brooks Automation, Inc. ............................................... 49,910
13,306 Cypress Semiconductor Corp. ........................................... 144,237
197,621 Intel Corp. ........................................................... 4,076,921
19,199 Intersil Corp. ........................................................ 159,160
11,943 KLA-Tencor Corp. ...................................................... 570,398
15,524 Linear Technology Corp. ............................................... 532,473
17,028 Marvell Technology Group Ltd. ......................................... 123,623
20,221 Maxim Integrated Products, Inc. ....................................... 594,497
2,173 Micrel, Inc. .......................................................... 20,644
20,115 Microchip Technology, Inc. ............................................ 655,548
2,978 MKS Instruments, Inc. ................................................. 76,773
419 Power Integrations, Inc. .............................................. 14,083
2,056 Spreadtrum Communications, Inc., ADR .................................. 36,186
71,406 Taiwan Semiconductor Manufacturing Co., Ltd., ADR ..................... 1,225,327
1,446 Tessera Technologies, Inc. ............................................ 23,743
61,589 Texas Instruments, Inc. ............................................... 1,905,564
13,888 Xilinx, Inc. .......................................................... 498,579
---------------
13,241,962
---------------
SOFTWARE - 14.7%
2,183 Blackbaud, Inc. ....................................................... 49,838
37,293 CA, Inc. .............................................................. 819,700
898 Ebix, Inc. ............................................................ 14,431
6,893 Intuit, Inc. .......................................................... 410,133
145,283 Microsoft Corp. ....................................................... 3,883,415
60,241 Oracle Corp. .......................................................... 2,007,230
1,271 Solera Holdings, Inc. ................................................. 67,960
---------------
7,252,707
---------------
WIRELESS TELECOMMUNICATION SERVICES - 6.2%
7,877 China Mobile, Ltd., ADR ............................................... 462,537
21,890 Rogers Communications, Inc. ........................................... 996,433
|
Page 2 See Notes to Quarterly Portfolio of Investments
FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
SHARES DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
COMMON STOCKS - (CONTINUED)
WIRELESS TELECOMMUNICATION SERVICES - (CONTINUED)
3,368 Telephone & Data Systems, Inc. ........................................ $ 74,568
5,719 TIM Participacoes S.A., ADR ........................................... 113,351
46,660 VimpelCom Ltd., ADR ................................................... 489,463
37,475 Vodafone Group PLC, ADR ............................................... 943,995
---------------
3,080,347
---------------
TOTAL INVESTMENTS - 99.9% ............................................. 49,464,273
(Cost $50,099,375) (a)
NET OTHER ASSETS AND LIABILITIES - 0.1% ............................... 49,665
---------------
NET ASSETS - 100.0% ................................................... $ 49,513,938
===============
|
(a) Aggregate cost for financial reporting purposes, which approximates the
aggregate cost for federal income tax purposes. As of December 31, 2012,
the aggregate gross unrealized appreciation for all securities in which
there was an excess of value over tax cost was $932,235 and the aggregate
gross unrealized depreciation for all securities in which there was an
excess of tax cost over value was $1,567,337.
ADR American Depositary Receipt
VALUATION INPUTS
A summary of the inputs used to value the Fund's investments as of December 31,
2012 is as follows (see Note 2A - Portfolio Valuation in the Notes to Quarterly
Portfolio of Investments):
LEVEL 2 LEVEL 3
TOTAL LEVEL 1 SIGNIFICANT SIGNIFICANT
VALUE AT QUOTED OBSERVABLE UNOBSERVABLE
INVESTMENTS 12/31/2012 PRICES INPUTS INPUTS
---------------------------------------------- -------------- -------------- -------------- --------------
Common Stocks*................................ $ 49,464,273 $ 49,464,273 $ -- $ --
-------------- -------------- -------------- --------------
TOTAL INVESTMENTS............................. $ 49,464,273 $ 49,464,273 $ -- $ --
============== ============== ============== ==============
|
* See Portfolio of Investments for industry breakout.
All transfers in and out of the Levels during the period are assumed to be
transferred on the last day of the period at their current value. There were no
transfers between levels at December 31, 2012.
See Notes to Quarterly Portfolio of Investments Page 3
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS
DECEMBER 31, 2012 (UNAUDITED)
SHARES/
UNITS DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
COMMON STOCKS - 25.3%
AEROSPACE & DEFENSE - 0.5%
3,393 Lockheed Martin Corp. ................................................. $ 313,140
---------------
BIOTECHNOLOGY - 0.8%
75,627 PDL BioPharma, Inc. ................................................... 533,170
---------------
CHEMICALS - 0.9%
6,485 EI du Pont de Nemours & Co. ........................................... 291,630
13,794 Olin Corp. ............................................................ 297,813
---------------
589,443
---------------
COMMERCIAL BANKS - 2.5%
6,951 Bank of Hawaii Corp. .................................................. 306,192
24,295 FirstMerit Corp. ...................................................... 344,746
30,707 FNB Corp. ............................................................. 326,108
13,078 Trustmark Corp. ....................................................... 293,732
15,637 United Bankshares, Inc. ............................................... 380,292
---------------
1,651,070
---------------
COMMERCIAL SERVICES & SUPPLIES - 1.6%
68,973 Pitney Bowes, Inc. .................................................... 733,873
9,768 Waste Management, Inc. ................................................ 329,572
---------------
1,063,445
---------------
COMPUTERS & PERIPHERALS - 0.5%
9,456 Diebold, Inc. ......................................................... 289,448
---------------
CONTAINERS & PACKAGING - 0.4%
9,345 Sonoco Products Co. ................................................... 277,827
---------------
DIVERSIFIED FINANCIAL SERVICES - 0.7%
15,387 NYSE Euronext ......................................................... 485,306
---------------
ELECTRIC UTILITIES - 4.8%
8,291 ALLETE, Inc. .......................................................... 339,765
7,353 American Electric Power Co., Inc. ..................................... 313,826
13,867 Great Plains Energy, Inc. ............................................. 281,639
14,259 Hawaiian Electric Industries, Inc. .................................... 358,471
5,711 Pinnacle West Capital Corp. ........................................... 291,147
10,710 Portland General Electric Co. ......................................... 293,026
12,215 PPL Corp. ............................................................. 349,715
6,982 UNS Energy Corp. ...................................................... 296,176
11,393 Westar Energy, Inc. ................................................... 326,068
10,283 Xcel Energy, Inc. ..................................................... 274,659
---------------
3,124,492
---------------
FOOD & STAPLES RETAILING - 0.5%
17,002 Safeway, Inc. ......................................................... 307,566
---------------
GAS UTILITIES - 1.3%
8,124 Atmos Energy Corp. .................................................... 285,315
6,466 Northwest Natural Gas Co. ............................................. 285,797
|
Page 4 See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
SHARES/
UNITS DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
COMMON STOCKS - (CONTINUED)
GAS UTILITIES - (CONTINUED)
7,576 WGL Holdings, Inc. .................................................... $ 296,903
---------------
868,015
---------------
HOUSEHOLD DURABLES - 0.5%
8,528 Garmin Ltd. ........................................................... 348,113
---------------
INSURANCE - 1.6%
7,417 Cincinnati Financial Corp. ............................................ 290,449
10,723 Mercury General Corp. ................................................. 425,596
12,592 Principal Financial Group, Inc. ....................................... 359,124
---------------
1,075,169
---------------
LEISURE EQUIPMENT & PRODUCTS - 0.4%
7,391 Hasbro, Inc. .......................................................... 265,337
---------------
MEDIA - 0.6%
10,869 Meredith Corp. ........................................................ 374,437
---------------
METALS & MINING - 0.5%
8,858 Southern Copper Corp. ................................................. 335,364
---------------
MULTI-UTILITIES - 4.2%
6,568 Alliant Energy Corp. .................................................. 288,401
14,084 Avista Corp. .......................................................... 339,565
11,604 CMS Energy Corp. ...................................................... 282,906
5,315 Consolidated Edison, Inc. ............................................. 295,195
4,695 DTE Energy Co. ........................................................ 281,935
8,773 NorthWestern Corp. .................................................... 304,686
10,823 Public Service Enterprise Group, Inc. ................................. 331,184
6,421 SCANA Corp. ........................................................... 293,054
12,000 Vectren Corp. ......................................................... 352,800
---------------
2,769,726
---------------
OIL, GAS & CONSUMABLE FUELS - 1.0%
5,942 ConocoPhillips ........................................................ 344,577
10,290 Spectra Energy Corp. .................................................. 281,740
---------------
626,317
---------------
PHARMACEUTICALS - 0.5%
6,093 Eli Lilly & Co. ....................................................... 300,507
---------------
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.5%
14,974 Intel Corp. ........................................................... 308,914
---------------
TOBACCO - 1.0%
3,138 Lorillard, Inc. ....................................................... 366,111
5,875 Universal Corp. ....................................................... 293,221
---------------
659,332
---------------
TOTAL COMMON STOCKS ................................................... 16,566,138
(Cost $16,616,897) ---------------
|
See Notes to Quarterly Portfolio of Investments Page 5
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
SHARES/
UNITS DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
REAL ESTATE INVESTMENT TRUSTS - 19.8%
75,730 Annaly Capital Management, Inc. ....................................... $ 1,063,249
1,765 AvalonBay Communities, Inc. ........................................... 239,316
4,173 Camden Property Trust ................................................. 284,640
89,806 Capstead Mortgage Corp. ............................................... 1,030,075
14,325 CBL & Associates Properties, Inc. ..................................... 303,833
94,196 CYS Investments, Inc. ................................................. 1,112,455
9,036 DuPont Fabros Technology, Inc. ........................................ 218,310
12,134 EPR Properties ........................................................ 559,499
39,915 Hatteras Financial Corp. .............................................. 990,291
8,217 HCP, Inc. ............................................................. 371,244
47,517 Invesco Mortgage Capital, Inc. ........................................ 936,560
47,829 Lexington Realty Trust ................................................ 499,813
13,395 LTC Properties, Inc. .................................................. 471,370
5,664 Macerich Co. .......................................................... 330,211
49,510 Medical Properties Trust, Inc. ........................................ 592,140
112,223 MFA Financial, Inc. ................................................... 910,128
7,405 Plum Creek Timber Co., Inc. ........................................... 328,560
1,807 Public Storage ........................................................ 261,943
5,567 Rayonier, Inc. ........................................................ 288,538
31,808 Redwood Trust, Inc. ................................................... 537,237
1,396 Simon Property Group, Inc. ............................................ 220,694
4,179 Sovran Self Storage, Inc. ............................................. 259,516
27,851 Starwood Property Trust, Inc. ......................................... 639,459
2,504 Taubman Centers, Inc. ................................................. 197,115
12,991 UDR, Inc. ............................................................. 308,926
---------------
TOTAL REAL ESTATE INVESTMENT TRUSTS ................................... 12,955,122
(Cost $13,128,756) ---------------
MASTER LIMITED PARTNERSHIPS - 19.6%
ENERGY EQUIPMENT & SERVICES - 0.9%
29,305 Exterran Partners, L.P. ............................................... 594,012
---------------
OIL, GAS & CONSUMABLE FUELS - 18.7%
9,353 Access Midstream Partners, L.P. ....................................... 313,700
22,351 Boardwalk Pipeline Partners, L.P. ..................................... 556,540
34,995 BreitBurn Energy Partners, L.P. ....................................... 646,358
12,314 Buckeye Partners, L.P. ................................................ 559,179
26,884 Crestwood Midstream Partners, L.P. .................................... 578,812
28,027 Dorchester Minerals, L.P. ............................................. 569,509
66,712 Eagle Rock Energy Partners, L.P. ...................................... 575,725
11,139 El Paso Pipeline Partners L.P. ........................................ 411,809
17,812 Enbridge Energy Partners, L.P. ........................................ 496,955
13,784 Energy Transfer Partners, L.P. ........................................ 591,747
6,615 Enterprise Products Partners, L.P. .................................... 331,279
14,210 Golar LNG Partners, L.P. .............................................. 424,168
5,045 Kinder Morgan Energy Partners, L.P. ................................... 402,541
20,084 Martin Midstream Partners, L.P. ....................................... 623,809
14,681 NuStar Energy, L.P. ................................................... 623,649
7,350 Oiltanking Partners, L.P. ............................................. 278,271
|
Page 6 See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
SHARES/
UNITS DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
MASTER LIMITED PARTNERSHIPS - (CONTINUED)
OIL, GAS & CONSUMABLE FUELS - (CONTINUED)
28,195 PAA Natural Gas Storage, L.P. ......................................... $ 537,115
25,865 Pioneer Southwest Energy Partners, L.P. ............................... 587,135
25,835 Regency Energy Partners, L.P. ......................................... 560,103
15,605 Spectra Energy Partners, L.P. ......................................... 487,344
12,201 TC Pipelines, L.P. .................................................... 492,432
13,699 Teekay LNG Partners L.P. .............................................. 517,548
20,842 Teekay Offshore Partners, L.P. ........................................ 542,100
14,779 Transmontaigne Partners, L.P. ......................................... 561,159
---------------
12,268,987
---------------
TOTAL MASTER LIMITED PARTNERSHIPS ..................................... 12,862,999
(Cost $13,457,234) ---------------
STATED STATED
SHARES DESCRIPTION RATE MATURITY VALUE
--------------- ----------------------------------------- ------------- ------------- ---------------
$25 PAR PREFERRED SECURITIES - 19.1%
CAPITAL MARKETS - 5.6%
25,602 Credit Suisse AG Guernsey ............... 7.90% (a) 649,267
21,375 Deutsche Bank Contingent Capital Trust II 6.55% (a) 548,696
22,902 Deutsche Bank Contingent Capital Trust V 8.05% (a) 625,454
19,683 Goldman Sachs Group, Inc., Series A ..... 3.75% (a) 407,241
21,486 Goldman Sachs Group, Inc., Series B ..... 6.20% (a) 539,943
20,724 Goldman Sachs Group, Inc., Series D ..... 4.00% (a) 432,303
23,382 Morgan Stanley, Series A ................ 4.00% (a) 456,884
---------------
3,659,788
---------------
COMMERCIAL BANKS - 5.4%
21,274 HSBC Holdings PLC, Series A ............. 6.20% (a) 532,488
27,879 M&T Capital Trust IV .................... 8.50% 01/31/68 706,733
12,701 US Bancorp, Series B .................... 3.50% (a) 313,207
25,156 US Bancorp, Series D .................... 7.88% (a) 643,993
19,495 Wells Fargo & Co., Series J ............. 8.00% (a) 572,178
30,259 Zions Bancorp., Series C ................ 9.50% (a) 783,103
---------------
3,551,702
---------------
DIVERSIFIED FINANCIAL SERVICES - 3.3%
29,016 Bank of America Corp., Series 8 ......... 8.63% (a) 741,649
27,532 Bank of America Corp., Series H ......... 8.20% (a) 704,819
27,557 JPMorgan Chase & Co., Series J .......... 8.63% (a) 715,655
---------------
2,162,123
---------------
INSURANCE - 2.2%
14,040 MetLife Inc., Series A .................. 4.00% (a) 352,966
21,877 MetLife Inc., Series B .................. 6.50% (a) 551,519
21,419 Prudential PLC .......................... 6.50% (a) 541,901
---------------
1,446,386
---------------
|
See Notes to Quarterly Portfolio of Investments Page 7
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
STATED STATED
SHARES DESCRIPTION RATE MATURITY VALUE
--------------- ----------------------------------------- ------------- ------------- ---------------
$25 PAR PREFERRED SECURITIES - (CONTINUED)
MARINE - 1.1%
27,028 Seaspan Corp., Series C ................. 9.50% (a) $ 744,621
---------------
OIL, GAS & CONSUMABLE FUELS - 0.6%
15,420 Magnum Hunter Resources Corp., Series C 10.25% (a) 389,972
---------------
REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.9%
20,383 Vornado Realty Trust, Series J........... 6.88% (a) 549,730
---------------
TOTAL $25 PAR PREFERRED SECURITIES .................................... 12,504,322
(Cost $12,618,209) ---------------
$50 PAR PREFERRED SECURITIES - 0.9%
OIL, GAS & CONSUMABLE FUELS - 0.9%
13,195 Apache Corp., Series D (b)............... 6.00% 08/01/13 603,011
---------------
TOTAL $50 PAR PREFERRED SECURITIES .................................... 603,011
(Cost $623,274) ---------------
SHARES DESCRIPTION VALUE
--------------- ----------------------------------------------------------------------- ---------------
EXCHANGE-TRADED FUNDS - 15.1%
CAPITAL MARKETS - 15.1%
106,053 iShares iBoxx $ High Yield Corporate Bond Fund ........................ 9,900,047
---------------
TOTAL EXCHANGE-TRADED FUNDS ........................................... 9,900,047
(Cost $9,786,144) ---------------
TOTAL INVESTMENTS - 99.8% ............................................. 65,391,639
(Cost $66,230,514) (c)
NET OTHER ASSETS AND LIABILITIES - 0.2% ............................... 121,862
---------------
NET ASSETS - 100.0% ................................................... $ 65,513,501
===============
|
(a) Perpetual maturity.
(b) This security will automatically convert into shares of common stock on
August 1, 2013.
(c) Aggregate cost for financial reporting purposes, which approximates the
aggregate cost for federal income tax purposes. As of December 31, 2012,
the aggregate gross unrealized appreciation for all securities in which
there was an excess of value over tax cost was $556,040 and the aggregate
gross unrealized depreciation for all securities in which there was an
excess of tax cost over value was $1,394,915.
Page 8 See Notes to Quarterly Portfolio of Investments
MULTI-ASSET DIVERSIFIED INCOME INDEX FUND
PORTFOLIO OF INVESTMENTS - (CONTINUED)
DECEMBER 31, 2012 (UNAUDITED)
VALUATION INPUTS
A summary of the inputs used to value the Fund's investments as of December 31,
2012 is as follows (see Note A - Portfolio Valuation in the Notes to Quarterly
Portfolio of Investments):
LEVEL 2 LEVEL 3
TOTAL LEVEL 1 SIGNIFICANT SIGNIFICANT
VALUE AT QUOTED OBSERVABLE UNOBSERVABLE
INVESTMENTS 12/31/2012 PRICES INPUTS INPUTS
---------------------------------------------- -------------- -------------- -------------- --------------
Common Stocks*................................ $ 16,566,138 $ 16,566,138 $ -- $ --
Real Estate Investment Trusts ................ 12,955,122 12,955,122 -- --
Master Limited Partnerships*.................. 12,862,999 12,862,999 -- --
$25 Par Preferred Securities*................. 12,504,322 12,504,322 -- --
$50 Par Preferred Securities*................. 603,011 603,011 -- --
Exchange-Traded Funds*........................ 9,900,047 9,900,047 -- --
---------------------------------------------- -------------- -------------- -------------- --------------
TOTAL INVESTMENTS...............................$ 65,391,639 $ 65,391,639 $ -- $ --
============== ============== ============== ==============
|
* See Portfolio of Investments for industry breakout.
All transfers in and out of the Levels during the period are assumed to be
transferred on the last day of the period at their current value. There were no
transfers between levels at December 31, 2012.
See Notes to Quarterly Portfolio of Investments Page 9
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS
FIRST TRUST EXCHANGE-TRADED FUND VI
DECEMBER 31, 2012 (UNAUDITED)
VALUATION AND INVESTMENT PRACTICES
A. PORTFOLIO VALUATION
First Trust Exchange-Traded Fund VI (the "Trust") is an open-end management
investment company organized as a Massachusetts business trust on June 4, 2012,
and is registered with the Securities and Exchange Commission under the
Investment Company Act of 1940, as amended (the "1940 Act").
The Trust currently consists of two funds (each a "Fund" and collectively, the
"Funds"):
First Trust NASDAQ Technology Dividend Index Fund - (NASDAQ(R) Stock
Market LLC ("NASDAQ") ticker "TDIV")
Multi-Asset Diversified Income Index Fund - (NASDAQ ticker "MDIV")
Each Fund's net asset value ("NAV") is determined daily as of the close of
regular trading on the New York Stock Exchange ("NYSE"), normally 4:00 p.m.
Eastern time, on each day the NYSE is open for trading. The NAV is calculated by
dividing the value of all assets of the Fund (including accrued interest and
dividends), less all liabilities (including accrued expenses and dividends
declared but unpaid), by the total number of shares outstanding.
Each Fund's investments are valued daily at market value or, in the absence of
market value with respect to any portfolio securities, at fair value in
accordance with valuation procedures adopted by the Trust's Board of Trustees
and in accordance with the 1940 Act. Each Fund's securities will be valued as
follows:
Common stocks, MLPs and other equity securities listed on any national or
foreign exchange (excluding NASDAQ(R) and the London Stock Exchange
Alternative Investment Market ("AIM")) are valued at the last sale price
on the exchange on which they are principally traded or, for NASDAQ and
AIM securities, the official closing price. Securities traded on more than
one securities exchange are valued at the last sale price or official
closing price, as applicable, at the close of the securities exchange
representing the principal market for such securities.
Securities traded in the over-the-counter market, but excluding securities
trading on the NASDAQ or the AIM, are valued at the closing bid prices.
Short-term investments that mature in less than 60 days when purchased are
valued at amortized cost.
Certain securities may not be able to be priced by pre-established pricing
methods. Such securities may be valued by the Board of Trustees or its delegate
at fair value. These securities generally include, but are not limited to,
restricted securities (securities which may not be publicly sold without
registration under the Securities Act of 1933, as amended) for which a pricing
service is unable to provide a market price; securities whose trading has been
formally suspended; a security whose market price is not available from a
pre-established pricing source; a security with respect to which an event has
occurred that is likely to materially affect the value of the security after the
market has closed but before the calculation of a Fund's NAV or make it
difficult or impossible to obtain a reliable market quotation; and a security
whose price, as provided by the pricing service, does not reflect the security's
"fair value." As a general principle, the current "fair value" of a security
would appear to be the amount which the owner might reasonably expect to receive
for the security upon its current sale. The use of fair value prices by a Fund
generally results in prices used by the Fund that may differ from current market
quotations or official closing prices on the applicable exchange. A variety of
factors may be considered in determining the fair value of such securities
including, but not limited to, the following:
1) the type of security;
2) the size of the holding;
3) the initial cost of the security;
4) transactions in comparable securities;
5) price quotes from dealers and/or pricing services;
6) relationships among various securities;
7) information obtained by contacting the issuer, analysts, or the
appropriate stock exchange;
8) an analysis of the issuer's financial statements; and
9) the existence of merger proposals or tender offers that might affect
the value of the security.
In addition, differences between the prices used to calculate a Fund's NAV and
the prices used by such Fund's corresponding index could result in a difference
between a Fund's performance and the performance of its underlying index.
The Funds are subject to fair value accounting standards that define fair value,
establish the framework for measuring fair value and provide a three-level
hierarchy for fair valuation based upon the inputs to the valuation as of the
measurement date. The three levels of the fair value hierarchy are as follows:
Page 10
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS - (CONTINUED)
FIRST TRUST EXCHANGE-TRADED FUND VI
DECEMBER 31, 2012 (UNAUDITED)
o Level 1 - Level 1 inputs are quoted prices in active markets for
identical investments. An active market is a market in which
transactions for the investment occur with sufficient frequency and
volume to provide pricing information on an ongoing basis.
o Level 2 - Level 2 inputs are observable inputs, either directly or
indirectly, and include the following:
o Quoted prices for similar investments in active markets.
o Quoted prices for identical or similar investments in markets
that are non-active. A non-active market is a market where
there are few transactions for the investment, the prices are
not current, or price quotations vary substantially either
over time or among market makers, or in which little
information is released publicly.
o Inputs other than quoted prices that are observable for the
investment (for example, interest rates and yield curves
observable at commonly quoted intervals, volatilities,
prepayment speeds, loss severities, credit risks, and default
rates).
o Inputs that are derived principally from or corroborated by
observable market data by correlation or other means.
o Level 3 - Level 3 inputs are unobservable inputs. Unobservable
inputs may reflect the reporting entity's own assumptions about the
assumptions that market participants would use in pricing the
investment.
The inputs or methodology used for valuing investments are not necessarily an
indication of the risk associated with investing in those investments. A summary
of the inputs used to value the Fund's investments as of December 31, 2012, is
included with each Fund's Portfolio of Investments.
B. SECURITIES TRANSACTIONS
Securities transactions are recorded as of the trade date. Realized gains and
losses from securities transactions are recorded on the identified cost basis.
Page 11
C. SECURITIES LENDING
The Funds may lend securities representing up to 20% of the value of their total
assets to broker-dealers, banks and other institutions to generate additional
income. When a Fund loans its portfolio securities, it will receive, at the
inception of each loan, collateral equal to at least 102% (for domestic
securities) or 105% (for international securities) of the market value of the
loaned securities. Securities lending involves the risk that the Fund may lose
money because the borrower of the Fund's loaned securities fails to return the
securities in a timely manner or at all. The Fund could also lose money in the
event of (i) a decline in the value of the collateral provided for the loaned
securities, (ii) a decline in the value of any investments made with cash
collateral or (iii) an increase in the value of the loaned securities if the
borrower does not increase the collateral accordingly and the borrower fails to
return the securities. These events could also trigger adverse tax consequences
for the Fund.
Under the Funds' securities lending agreement, the securities lending agent will
generally bear the risk that a borrower may default on its obligation to return
loaned securities. Brown Brothers Harriman & Co. ("BBH") acts as the Funds'
securities lending agent and is responsible for executing the lending of the
portfolio securities to creditworthy borrowers. The Funds, however, will be
responsible for the risks associated with the investment of cash collateral. A
Fund may lose money on its investment of cash collateral, which may affect its
ability to repay the collateral to the borrower without the use of other Fund
assets. Each Fund that engages in securities lending receives compensation (net
of any rebate and securities lending agent fees) for lending its securities in
the form of fees or interest on the investment of any cash received as
collateral. The dividends and interest earned on the securities loaned is
accounted for in the same manner as other dividend and interest income. At
December 31, 2012, the Funds did not have any securities on loan.
Page 12
ADDITIONAL INFORMATION
FIRST TRUST EXCHANGE-TRADED FUND VI
DECEMBER 31, 2012 (UNAUDITED)
LICENSING INFORMATION
NASDAQ(R), OMX(R), NASDAQ OMX(R), NASDAQ Technology Dividend Index(SM) and
NASDAQ Multi-Asset Diversified Income Index(SM) are registered trademarks and
service marks of The NASDAQ OMX Group, Inc. (which with its affiliates is
referred to as the "Corporations") and are licensed for use by First Trust
Advisors L.P. on behalf of the Funds. The Funds have not been passed on by the
Corporations as to their legality or suitability. The Funds are not issued,
endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO
WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUNDS.
Page 13
ITEM 2. CONTROLS AND PROCEDURES.
(a) The registrant's principal executive and principal financial
officers, or persons performing similar functions, have concluded
that the registrant's disclosure controls and procedures (as defined
in Rule 30a-3(c) under the Investment Company Act of 1940, as
amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of
a date within 90 days of the filing date of the report that includes
the disclosure required by this paragraph, based on their evaluation
of these controls and procedures required by Rule 30a-3(b) under the
1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b)
under the Securities Exchange Act of 1934, as amended (17 CFR
240.13a-15(b) or 240.15d-15(b)).
(b) There were no changes in the registrant's internal control over
financial reporting (as defined in Rule 30a-3(d) under the 1940 Act
(17 CFR 270.30a-3(d)) that occurred during the registrant's last
fiscal quarter that have materially affected, or are reasonably
likely to materially affect, the registrant's internal control over
financial reporting.
ITEM 3. EXHIBITS.
Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of
the Sarbanes-Oxley Act of 2002 are attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) First Trust Exchange-Traded Fund VI
By (Signature and Title)* /s/ Mark R. Bradley
------------------------------------------------
Mark R. Bradley, President and
Chief Executive Officer
(principal executive officer)
|
Date February 20, 2013
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
By (Signature and Title)* /s/ Mark R. Bradley
------------------------------------------------
Mark R. Bradley, President and
Chief Executive Officer
(principal executive officer)
|
Date February 20, 2013
By (Signature and Title)* /s/ James M. Dykas
------------------------------------------------
James M. Dykas, Treasurer,
Chief Financial Officer and
Chief Accounting Officer
(principal financial officer)
|
Date February 20, 2013
* Print the name and title of each signing officer under his or her signature.
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