LALT — First Trust Multi-Strategy Alternative ETF
First Trust Multi-Strategy Alternative ETF (ticker: LALT) is a multi-asset ETF issued by First Trust tracking ACTIVE - No Index. It was launched on 2023-01-31.
Live Price$24.25
Change-0.88%
AUM$84.17M
Expense Ratio0.02%
Avg Volume99,267.263
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 0.02% |
| 1 Week | -1.35% |
| 1 Month | -0.95% |
| 3 Months | -1.69% |
| 6 Months | 5.91% |
| YTD | 7.35% |
| 1 Year | 16.29% |
| 3 Years | 29.32% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 2 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 3 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 4 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 5 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 6 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 23.83% |
| 7 | First Trust Long/Short Equity ETF | FTLS | 22.32% |
| 8 | First Trust Long/Short Equity ETF | FTLS | 22.32% |
| 9 | First Trust Long/Short Equity ETF | FTLS | 22.32% |
| 10 | First Trust Alternative Absolute Return Strategy ETF | FAAR | 22.26% |
Fund Profile
| Issuer | First Trust |
|---|---|
| Brand | First Trust |
| Asset Class | multi-asset |
| Strategy | Active |
| Structure | ETF |
| Category | Hedge Fund |
| Segment | Alternatives: Hedge Fund Strategies |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2023-01-31 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | LALT |
|---|---|
| Full Name | First Trust Multi-Strategy Alternative ETF |
| Issuer | First Trust |
| Asset Class | multi-asset |
| Expense Ratio | 0.02% |
| AUM | $84.17M |
| Inception | 2023-01-31 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does LALT track?
LALT (First Trust Multi-Strategy Alternative ETF) tracks ACTIVE - No Index, a multi-asset benchmark.
What is the expense ratio of LALT?
LALT has an expense ratio of 0.02% per year.
What is the AUM of LALT?
LALT has approximately $84.17M in assets under management.
Does LALT pay a dividend?
LALT distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues LALT?
LALT is issued by First Trust, launched on 2023-01-31.
Open the interactive LALT dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.