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 US 500 Large Cap Index TM (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 Large Cap Core AlphaDEX® Fund (FEX) expense ratio?
The First Trust Large Cap Core AlphaDEX® Fund funds expense ratio is 0.6%.
What is First Trust Large Cap Core AlphaDEX® Fund (FEX) current stock price?
As of the latest data, First Trust Large Cap Core AlphaDEX® Fund stock price is $137.49, with a previous close of $136.82. First Trust Large Cap Core AlphaDEX® Fund gained $0.67 in the last trading session, representing a 0.49% increase.
Does First Trust Large Cap Core AlphaDEX® Fund (FEX) pay dividends?
Yes. First Trust Large Cap Core AlphaDEX® Fund pays quarterly dividends with an annualized yield of 1% and an estimated annual payout of $1.38 per share.
