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 growth stocks from the NASDAQ US 600 Mid 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 Mid Cap Growth AlphaDEX® Fund (FNY) expense ratio?
The First Trust Mid Cap Growth AlphaDEX® Fund funds expense ratio is 0.7%.
What is First Trust Mid Cap Growth AlphaDEX® Fund (FNY) current stock price?
As of the latest data, First Trust Mid Cap Growth AlphaDEX® Fund stock price is $107.74, with a previous close of $107.19. First Trust Mid Cap Growth AlphaDEX® Fund gained $0.55 in the last trading session, representing a 0.51% increase.
Does First Trust Mid Cap Growth AlphaDEX® Fund (FNY) pay dividends?
No. First Trust Mid Cap Growth AlphaDEX® Fund does not pay a dividend.
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