Symbols

LALT

First Trust Multi-Strategy Alternative ETF·ARCA

--(--)

Key Stats

Assets Under Management

36.82MUSD

Fund Flows (1Y)

17.85MUSD

Dividend Yield

1.95%

Discount/Premium to NAV

0.13%

Shares Outstanding

1.55M

Expense Ratio

1.18%

About First Trust Multi-Strategy Alternative ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=LALT

Inception Date

Jan 31, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

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.

Classification

Asset Class

Alternatives

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	+3.69%	+2.88%	+3.78%	+10.91%	+19.74%	+18.71%
NAV Total Return	+3.53%	+5.46%	+4.16%	+13.35%	+27.90%	+0.10%

No data is currently available

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Holdings Analysis

Sector

Financial Services

29.81%

Technology

26.32%

Consumer Cyclical

9.29%

Communication Services

9.22%

Healthcare

8.08%

Industrials

7.26%

Consumer Defensive

4.02%

Basic Materials

2.10%

Energy

1.82%

Asset

Region

99.45%

0.45%

0.09%

Investment Style

Mega

Large

Medium

Multi

Small

Value

Blend

Growth

Multi-Cap Blend

Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.

See more ETFs with the same investment style

Top 10 Holdings

Symbol

Ratio

FAAR

First Trust Alternative Absolute Return Strategy ETF

22.30%

FMF

First Trust Managed Futures Strategy Fund

21.53%

FTLS

First Trust Long/Short Equity ETF

19.15%

LMBS

First Trust Low Duration Opportunities ETF

10.07%

IAU

iShares Gold Trust

8.75%

IEF

iShares 7-10 Year Treasury Bond ETF

7.12%

FTGC

First Trust Global Tactical Commodity Strategy Fund

6.13%

MARB

First Trust Merger Arbitrage ETF

4.80%

US Dollar

0.15%

Top 10 Weight 100%

9 Total Holdings

See all holdings

Is SPY better than LALT?

Dividends

Dividend Payout History

Declaration Date	Record Date	Payment Date	Amount
2025-12-12	2025-12-12	2025-12-31	0.324
2025-06-26	2025-06-26	2025-06-30	0.082
2025-03-27	2025-03-27	2025-03-31	0.058
2024-12-13	2024-12-13	2024-12-31	0.357
2024-06-27	2024-06-27	2024-06-28	0.075
2023-12-22	2023-12-26	2023-12-29	0.389
2023-06-27	2023-06-28	2023-06-30	0.092

How Much Does LALT Pay in Dividends?

Premium/Discount Chart

Assets Under Management

Should I buy LALT?

Fund Flows