Symbols

FAB

First Trust Multi Cap Value AlphaDEX Fund·NASDAQ

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Key Stats

Assets Under Management

134.87MUSD

Fund Flows (1Y)

-15.85MUSD

Dividend Yield

1.42%

Discount/Premium to NAV

-0.02%

Shares Outstanding

1.40M

Expense Ratio

0.64%

About First Trust Multi Cap Value AlphaDEX Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/etf/etfsummary.aspx?Ticker=FAB

Inception Date

May 8, 2007

Structure

Open-Ended Fund

Index Tracked

NASDAQ AlphaDEX Multi Cap Value Index

Management Style

Passive

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

FAB holds a broad value-focused portfolio of stocks from the Nasdaq US Select Index Family. The fund uses a quantitative methodology to select and weight securities in three different size segments. In particular, FAB uses three value factors (P/B, ROA, and P/FCF) to rank companies. Once the fund has selected those firms best positioned for value, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. FAB makes huge sector bets and carries a small tilt. The index is reconstituted and rebalanced quarterly. Note: On April 8, 2016, the fund switched underlying indexes from the old "Defined” index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.