First Trust Brazil AlphaDEX® ETF SEC Filings

Key take-away: First Trust Exchange-Traded AlphaDEX® Fund II and its 15 ETF series, including FBZ, have called a special shareholder meeting for 1:15 p.m. CT on August 12 2025 at the adviser’s Wheaton, IL offices.

Shareholders of record on June 9 2025 will vote on a single governance item:

• Election or re-election of eight trustee nominees – the seven current trustees plus one new independent nominee, former Deloitte partner Thomas J. Driscoll.

Rationale: once all trustees have been elected by shareholders, the Board can fill future vacancies or add members without incurring the cost of another shareholder meeting, as permitted under the Investment Company Act. If elected, the Board would comprise one interested trustee (CEO James A. Bowen) and seven independent trustees.

Voting mechanics: plurality of votes cast, with the funds voting together; quorum is 33⅓ % of aggregate voting power. Proxy cards may be returned by mail, phone, internet or in person. The Board unanimously recommends “FOR” each nominee.

Cost: estimated proxy-solicitation expense of roughly $41,000, shared pro-rata among the Trust and related First Trust funds; no SEC filing fee required. Deloitte & Touche remains independent auditor.

No changes to investment objectives, fees, distributions or portfolio strategy are proposed. The matter is routine and has limited direct financial impact for ETF holders.

Schedule 13G/A Amendment 17 discloses that First Trust Portfolios L.P., First Trust Advisors L.P. and their parent, The Charger Corporation, collectively report beneficial ownership of only 35 shares of the First Trust India NIFTY 50 Equal Weight ETF (CUSIP 33737J802), a series of First Trust Exchange-Traded AlphaDEX Fund II.

• Ownership level: 35 shares represents 0.00 % of the outstanding class, well below the 5 % threshold that would make them an insider under Section 13(d).
• Voting & disposition rights: The reporting persons have shared voting and dispositive power over the 35 shares and no sole power.
• Filing basis: The trio files under Rule 13d-1(b) as (i) a broker-dealer (First Trust Portfolios), (ii) an investment adviser (First Trust Advisors) and (iii) a holding company (The Charger Corporation).
• Purpose: Securities were acquired in the ordinary course. The filers expressly state they are not seeking to influence control of the issuer.
• Context: Holdings are largely attributable to unit investment trusts sponsored by First Trust Portfolios. Each UIT holds <3 % of any single issuer; voting is carried out by the trustee to mirror external shareholders.

Given the de minimis position and lack of strategic intent, the filing is administrative and has no material impact on the ETF or its investors.

Document type: Schedule 13G (Amendment 29) filed under the Securities Exchange Act of 1934.

Issuer: First Trust Exchange-Traded AlphaDEX Fund II – First Trust Switzerland AlphaDEX Fund (CUSIP 33737J232).

Reporting group: First Trust Portfolios L.P. (broker-dealer), First Trust Advisors L.P. (investment adviser) and The Charger Corporation (parent holding company). All three entities share the same business address in Wheaton, Illinois, and the filing is made on a joint basis under Rule 13d-1(k)(1).

Ownership details (as of 30 June 2025):

• Total shares beneficially owned: 345,814
• Percentage of class: 38.42 %
• Sole voting power: 0
  Shared voting power: 345,814
• Sole dispositive power: 0
  Shared dispositive power: 345,814

The units are held primarily in unit investment trusts (UITs) sponsored by First Trust Portfolios L.P. Although the reporting persons are deemed beneficial owners, they disclaim actual voting authority; voting rights rest with the UIT trustee, which seeks to mirror the voting behavior of non-UIT shareholders. The reporting entities further note that no individual UIT controls more than 3 % of the ETF’s outstanding shares.

Certification: Each filer certifies that the securities were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer.

Key takeaway for investors: A related First Trust group collectively holds more than one-third of the ETF’s outstanding shares but lacks direct voting or dispositive control. While the position signals significant sponsor alignment, the absence of voting power and the passive nature of UIT holdings limit potential governance influence. No new purchase, sale, or strategic transaction is disclosed; the filing simply updates beneficial ownership figures.

On 7 July 2025, Christopher Harborne and his Delaware entity Klear Kite LLC filed Amendment No. 8 to their Schedule 13D regarding Innovative Solutions & Support Inc. (ISSC). The amendment updates their beneficial ownership to 1,259,481 common shares, all held directly by Klear Kite. Based on the company’s 17,604,155 shares outstanding (reported 1 May 2025), the position equals 7.2 % of ISSC’s equity. Harborne, as Klear Kite’s sole member, shares both voting and dispositive power over the entire block. The filing clarifies that the stake was purchased with personal (PF) or affiliate (AF) funds and that all recent trades were executed in the open market; full trade details appear in Exhibit 99.7 – Schedule A (not included in the excerpt).

The use of a Schedule 13D—rather than a passive 13G—signals the reporting persons’ option to pursue an active role in corporate matters, although no specific plans or proposals are disclosed in this amendment. Other terms of the original and prior seven amendments remain unchanged. Overall, the document confirms the presence of a single shareholder group with a material, potentially influential stake, but provides no new strategic intentions or transactional terms beyond the updated share count.

On 7 July 2025, Christopher Harborne and his Delaware entity Klear Kite LLC filed Amendment No. 8 to their Schedule 13D regarding Innovative Solutions & Support Inc. (ISSC). The amendment updates their beneficial ownership to 1,259,481 common shares, all held directly by Klear Kite. Based on the company’s 17,604,155 shares outstanding (reported 1 May 2025), the position equals 7.2 % of ISSC’s equity. Harborne, as Klear Kite’s sole member, shares both voting and dispositive power over the entire block. The filing clarifies that the stake was purchased with personal (PF) or affiliate (AF) funds and that all recent trades were executed in the open market; full trade details appear in Exhibit 99.7 – Schedule A (not included in the excerpt).

The use of a Schedule 13D—rather than a passive 13G—signals the reporting persons’ option to pursue an active role in corporate matters, although no specific plans or proposals are disclosed in this amendment. Other terms of the original and prior seven amendments remain unchanged. Overall, the document confirms the presence of a single shareholder group with a material, potentially influential stake, but provides no new strategic intentions or transactional terms beyond the updated share count.

Tompkins Financial Corporation (TMP) director Helen Eaton filed a Form 4 on 3 July 2025 disclosing the acquisition of 446.336 phantom stock units on 2 July 2025 at a reference value of $65.6456 per underlying common share. The award was made under the company’s Amended and Restated Retainer Plan for Eligible Directors and is held in a rabbi trust until future distribution events. Each phantom unit is economically equivalent to one share of common stock but carries no voting or investment power until settlement.

Following the transactions, Eaton’s deferred-compensation balance rose to 2,174.102 phantom units. Because the shares were issued as board compensation rather than purchased on the open market, the transaction generates no immediate cash outlay, no dilution, and only a modest increase in insider exposure. Given Tompkins Financial’s roughly 14–15 million shares outstanding, the size of this award is immaterial from a valuation or control standpoint, though it does incrementally align director incentives with shareholder interests.