MMLG
First Trust Multi-Manager Large Growth ETF·ARCA
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Key Stats
Assets Under Management
83.05MUSD
Fund Flows (1Y)
3.94MUSD
Dividend Yield
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Discount/Premium to NAV
-0.09%
Shares Outstanding
2.50M
Expense Ratio
0.85%
About First Trust Multi-Manager Large Growth ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Jul 21, 2020
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
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
MMLG has a multi-manager approach to active investing. Wellington and Sands Capital are selected as the Sub-advisors and allocated 50% each in fund assets. The Russell 1000 Growth Index will be the starting universe for both of the advisors but each will tailor-fit their selection based on their investment styles. Wellington will utilize a fundamental bottom-up analysis to evaluate various factors of quality, valuation, and momentum, including but not limited to evaluation of capital structure, earnings ratios and cash flow ratios, and trend of revenues and earnings revisions. Conversely, Sands Capital will focus on growth and use quantitative and qualitative fundamental research to analyze factors such as sustainable earnings growth, leadership position, competitive advantages, clear mission and value-added focus, financial strength, and valuation. Sands Capital will use conviction-based weighting based on those factors. The two approaches are intended to complement each other.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Growth
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -7.62% | -7.75% | -7.23% | +2.53% | +76.59% | +30.34% |
NAV Total Return | -10.08% | -9.12% | -8.45% | -0.46% | +71.52% | +26.54% |
Ratings
No data is currently available
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Holdings Analysis
Sector
Technology
45.15%
Communication Services
17.34%
Consumer Cyclical
15.87%
Financial Services
8.73%
Industrials
7.00%
Healthcare
4.12%
Consumer Defensive
1.17%
Basic Materials
0.61%
Technology
45.15%
Communication Services
17.34%
Consumer Cyclical
15.87%
Financial Services
8.73%
Industrials
7.00%
Healthcare
4.12%
Consumer Defensive
1.17%
Basic Materials
0.61%
Asset
Region
94.25%
3.71%
2.04%
Category
Ratio
North America
94.25%
Asia
3.71%
Latin America
2.04%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Growth
Focuses on large-cap companies with high growth potential. These ETFs invest in leading companies with strong expansion prospects.
Top 10 Holdings
Symbol
Ratio
NVDA
Nvidia
12.52%
GOOGL
Alphabet A
5.92%
MSFT
Microsoft
5.76%
AMZN
Amazon.com
4.78%
AVGO
Broadcom
4.55%
META
Meta
4.52%
AAPL
Apple
4.42%
CVNA
Carvana
2.73%
US Dollar
2.67%
SHOP
Shopify
2.61%
Top 10 Weight 50.48%
73 Total Holdings
Is SPY better than MMLG?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2020-12-24 | 2020-12-28 | 2020-12-31 | 0.061 |
How Much Does MMLG Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy MMLG?
Fund Flows
