The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Emerging Markets Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Frequently asked questions
What is the First Trust Emerging Markets AlphaDEX® Fund (FEM) expense ratio?
The First Trust Emerging Markets AlphaDEX® Fund funds expense ratio is 0.8%.
What is First Trust Emerging Markets AlphaDEX® Fund (FEM) current stock price?
As of the latest data, First Trust Emerging Markets AlphaDEX® Fund stock price is $32.86, with a previous close of $32.93. First Trust Emerging Markets AlphaDEX® Fund lost -$0.07 in the last trading session, representing a -0.21% loss.
Does First Trust Emerging Markets AlphaDEX® Fund (FEM) pay dividends?
Yes. First Trust Emerging Markets AlphaDEX® Fund pays quarterly dividends with an annualized yield of 2.18% and an estimated annual payout of $0.72 per share.