The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. Under normal market conditions, the fund and a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands, invest significantly in a portfolio of exchange-listed futures.
Frequently asked questions
What is the First Trust Managed Futures Strategy Fund (FMF) expense ratio?
The First Trust Managed Futures Strategy Fund funds expense ratio is 0.95%.
What is First Trust Managed Futures Strategy Fund (FMF) current stock price?
As of the latest data, First Trust Managed Futures Strategy Fund stock price is $52.01, with a previous close of $51.95. First Trust Managed Futures Strategy Fund gained $0.06 in the last trading session, representing a 0.12% increase.
Does First Trust Managed Futures Strategy Fund (FMF) pay dividends?
Yes. First Trust Managed Futures Strategy Fund pays quarterly dividends with an annualized yield of 4.78% and an estimated annual payout of $2.49 per share.