First Trust Multi-Strategy Fund A (FTMAX)
23.59
+0.10
(+0.43%)
USD |
Apr 08 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.79% | 1.296B | -- | 191.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 410.07M | 8.00% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation by pursuing positive absolute returns across market cycles. The Funds Advisor seeks to achieve objectives by delegating the management of a portion of Fund assets to a group of experienced investment managers that utilize a variety of investment strategies and styles. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Multi Strategies |
| Peer Group | Alternative Multi-Strategy Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Multi-Strategy Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
15
-39.77M
Peer Group Low
331.66M
Peer Group High
1 Year
% Rank:
13
410.07M
-740.20M
Peer Group Low
4.313B
Peer Group High
3 Months
% Rank:
10
-160.11M
Peer Group Low
1.834B
Peer Group High
3 Years
% Rank:
6
-2.198B
Peer Group Low
5.794B
Peer Group High
6 Months
% Rank:
11
-383.77M
Peer Group Low
2.459B
Peer Group High
5 Years
% Rank:
10
-2.294B
Peer Group Low
6.042B
Peer Group High
YTD
% Rank:
10
-160.11M
Peer Group Low
1.834B
Peer Group High
10 Years
% Rank:
18
-3.440B
Peer Group Low
6.773B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 09, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 7.77% |
| Stock | 13.02% |
| Bond | 49.43% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 29.79% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
24.10% | -- | -- |
|
USD Cash
|
7.74% | -- | -- |
|
UMB Money Market II Special Fund
|
4.84% | -- | -- |
|
SPX Dec5 6000.0C
|
1.58% | -- | -- |
|
SPX Dec5 7000.0C
|
1.55% | -- | -- |
|
SPX Dec5 6000.0P
|
1.26% | -- | -- |
|
Cadence Bank ORD
|
0.98% | -- | -- |
|
Residential Mortgage Loan Sponsor LLC FRN 19-Dec-2028
|
0.83% | -- | -- |
|
Cyberark Software Ltd ORD
|
0.81% | -- | -- |
|
Comerica Inc ORD
|
0.73% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 1.20% |
| Administration Fee | 49.11K% |
| Maximum Front Load | 4.50% |
| Maximum Deferred Load | 0.50% |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 5000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation by pursuing positive absolute returns across market cycles. The Funds Advisor seeks to achieve objectives by delegating the management of a portion of Fund assets to a group of experienced investment managers that utilize a variety of investment strategies and styles. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Multi Strategies |
| Peer Group | Alternative Multi-Strategy Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Multi-Strategy Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-7-26) | 5.98% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 625 |
| Stock | |
| Weighted Average PE Ratio | 26.97 |
| Weighted Average Price to Sales Ratio | 6.468 |
| Weighted Average Price to Book Ratio | 3.438 |
| Weighted Median ROE | -0.17% |
| Weighted Median ROA | -1.56% |
| ROI (TTM) | -0.27% |
| Return on Investment (TTM) | -0.27% |
| Earning Yield | 0.0484 |
| LT Debt / Shareholders Equity | 0.8008 |
| Number of Equity Holdings | 144 |
| Bond | |
| Yield to Maturity (12-31-25) | 6.33% |
| Effective Duration | -- |
| Average Coupon | 6.97% |
| Calculated Average Quality | 3.530 |
| Effective Maturity | 15.74 |
| Nominal Maturity | 15.74 |
| Number of Bond Holdings | 418 |
As of December 31, 2025
Growth Metrics
| EPS Growth (1Y) | 15.41% |
| EPS Growth (3Y) | -3.89% |
| EPS Growth (5Y) | 1.88% |
| Sales Growth (1Y) | 9.27% |
| Sales Growth (3Y) | 7.32% |
| Sales Growth (5Y) | 6.94% |
| Sales per Share Growth (1Y) | 3.70% |
| Sales per Share Growth (3Y) | 1.61% |
| Operating Cash Flow - Growth Rate (3Y) | 20.41% |
As of December 31, 2025
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FTMAX", "name") |
| Broad Asset Class: =YCI("M:FTMAX", "broad_asset_class") |
| Broad Category: =YCI("M:FTMAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FTMAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |