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 Europe 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 Europe AlphaDEX® Fund (FEP) expense ratio?
The First Trust Europe AlphaDEX® Fund funds expense ratio is 0.8%.
What is First Trust Europe AlphaDEX® Fund (FEP) current stock price?
As of the latest data, First Trust Europe AlphaDEX® Fund stock price is $59.73, with a previous close of $60.07. First Trust Europe AlphaDEX® Fund lost -$0.34 in the last trading session, representing a -0.57% loss.
Does First Trust Europe AlphaDEX® Fund (FEP) pay dividends?
Yes. First Trust Europe AlphaDEX® Fund pays quarterly dividends with an annualized yield of 2.68% and an estimated annual payout of $1.60 per share.