First Trust Small Cap Growth AlphaDEX Fund

Frequently Asked Questions About FYC

What does FYC invest in?

First Trust Exchange-Traded AlphaDEX Fund - First Trust Small Cap Growth AlphaDEX Fund is an exchange traded fund launched and managed by First Trust Advisors LP. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small-cap companies. The fund seeks to track the performance of the Nasdaq AlphaDEX Small Cap Growth Index, by using full replication technique. First Trust Exchange-Traded AlphaDEX Fund - First Trust Small Cap Growth AlphaDEX Fund was formed on April 19, 2011 and is domiciled in the United States.

What is the expense ratio of FYC?

First Trust Small Cap Growth AlphaDEX Fund (FYC) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FYC?

First Trust Small Cap Growth AlphaDEX Fund (FYC) manages $1.29B 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 FYC actively managed or an index fund?

FYC is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FYC's is 0.70%) because there's no security selection cost.

When was FYC launched?

First Trust Small Cap Growth AlphaDEX Fund (FYC) launched in April 2011 and is managed by First Trust.

How has FYC performed?

FYC'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.