First Trust Multi-Strat Alt ETF (LALT)
20.60
0.00 (0.00%)
USD |
NYSEARCA |
Apr 24, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.94% | 0.09% | 7.202M | 5482.83 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.34% | 17.00% | 5.072M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks long-term total return. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Global Allocation |
Category Index | Morningstar Gbl Allocation TR USD |
Global Category Name | Allocation Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Asset Allocation |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Daniel Lindquist | 1.17 yrs |
David McGarel | 1.17 yrs |
John Gambla | 1.17 yrs |
Michael Petersen | 1.17 yrs |
Rob Guttschow | 1.17 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
Investment Strategy | |
The investment seeks long-term total return. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Global Allocation |
Category Index | Morningstar Gbl Allocation TR USD |
Global Category Name | Allocation Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Asset Allocation |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Daniel Lindquist | 1.17 yrs |
David McGarel | 1.17 yrs |
John Gambla | 1.17 yrs |
Michael Petersen | 1.17 yrs |
Rob Guttschow | 1.17 yrs |