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 Asia Pacific Ex-Japan 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 Asia Pacific Ex-Japan AlphaDEX® Fund (FPA) expense ratio?
The First Trust Asia Pacific Ex-Japan AlphaDEX® Fund funds expense ratio is 0.8%.
What is First Trust Asia Pacific Ex-Japan AlphaDEX® Fund (FPA) current stock price?
As of the latest data, First Trust Asia Pacific Ex-Japan AlphaDEX® Fund stock price is $49.16, with a previous close of $49.35. First Trust Asia Pacific Ex-Japan AlphaDEX® Fund lost -$0.19 in the last trading session, representing a -0.39% loss.
Does First Trust Asia Pacific Ex-Japan AlphaDEX® Fund (FPA) pay dividends?
Yes. First Trust Asia Pacific Ex-Japan AlphaDEX® Fund pays quarterly dividends with an annualized yield of 3.65% and an estimated annual payout of $1.79 per share.