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First Trust Mid Cap Value Alphadex® Fund
53.07
+1.31 (+2.53%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 51.7574
Day's Range: 51.72 - 53.515
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When Written:
43.66
The First Trust Mid Cap Value AlphaDEX® Fund is an exchange-traded fund (ETF) that seeks to track the performance of the StrataQuant® Mid Cap Value Index. The index uses a quantitative methodology to select and weight mid-cap value stocks based on a variety of fundamental and technical factors.
The fund's investment objective is to provide investment results that correspond generally to the price and yield performance of the StrataQuant® Mid Cap Value Index. It primarily invests in mid-cap value stocks of U.S. companies, with a focus on those with lower valuations and higher dividend yields.
The fund has an expense ratio of 0.70% and is rebalanced quarterly. It is managed by First Trust Advisors L.P. and was launched on November 1, 2011. As of August 2021, the fund had total net assets of approximately $1.6 billion.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund's investment objective is to provide investment results that correspond generally to the price and yield performance of the StrataQuant® Mid Cap Value Index. It primarily invests in mid-cap value stocks of U.S. companies, with a focus on those with lower valuations and higher dividend yields.
The fund has an expense ratio of 0.70% and is rebalanced quarterly. It is managed by First Trust Advisors L.P. and was launched on November 1, 2011. As of August 2021, the fund had total net assets of approximately $1.6 billion.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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