NYSEArca - Delayed Quote USD

First Trust Multi-Strategy Alternative ETF (LALT)

20.48 -0.02 (-0.09%)
At close: May 31 at 1:27 PM EDT
Loading Chart for LALT
DELL
  • Previous Close 20.50
  • Open 20.47
  • Bid 20.40 x 900
  • Ask 20.53 x 800
  • Day's Range 20.47 - 20.48
  • 52 Week Range 19.66 - 22.98
  • Volume 378
  • Avg. Volume 3,769
  • Net Assets 8.17M
  • NAV 20.50
  • PE Ratio (TTM) 16.44
  • Yield 2.36%
  • YTD Daily Total Return 4.01%
  • Beta (5Y Monthly) 0.00
  • Expense Ratio (net) 1.94%

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.

First Trust Advisors L.P.

Fund Family

Global Allocation

Fund Category

8.17M

Net Assets

2023-01-31

Inception Date

Performance Overview: LALT

Trailing returns as of 5/30/2024. Category is Global Allocation.

YTD Return

LALT
4.01%
Category
1.60%
 

1-Year Return

LALT
5.46%
Category
7.58%
 

3-Year Return

LALT
0.00%
Category
0.91%
 

People Also Watch

Holdings: LALT

Top 8 Holdings (99.84% of Total Assets)

SymbolCompany% Assets
FAAR
First Trust Alternative Absolute Return Strategy ETF 21.81%
FMF
First Trust Managed Futures Strategy Fund 21.20%
FTLS
First Trust Long/Short Equity ETF 17.10%
UCON
First Trust TCW Unconstrained Plus Bond ETF 12.44%
MARB
First Trust Merger Arbitrage ETF 11.99%
IAU
iShares Gold Trust 5.26%
FTGC
First Trust Global Tactical Commodity Strategy Fund 5.15%
IEF
iShares 7-10 Year Treasury Bond ETF 4.90%

Sector Weightings

SectorLALT
Technology   16.99%
Healthcare   13.69%
Energy   9.19%
Industrials   5.98%
Utilities   0.33%
Real Estate   0.22%

Recent News: LALT

Research Reports: LALT

Related Tickers