First Trust Large Cap Value AlphaDEX Fund

Frequently Asked Questions About FTA

What does FTA invest in?

The First Trust Large Cap Value AlphaDEX Fund functions as an exchange-traded fund (ETF). Its main purpose is to closely replicate the overall financial return, including both asset appreciation and income, of a specific equity benchmark known as the Nasdaq AlphaDEX Large Cap Value Index, prior to accounting for any associated costs and charges.

What is the expense ratio of FTA?

First Trust Large Cap Value AlphaDEX Fund (FTA) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTA?

First Trust Large Cap Value AlphaDEX Fund (FTA) manages $1.43B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FTA actively managed or an index fund?

FTA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FTA launched?

First Trust Large Cap Value AlphaDEX Fund (FTA) launched in May 2007 and is managed by First Trust.

How has FTA performed?

FTA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.