Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds (ETFs) that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts.
Frequently asked questions
What is the First Trust Long/Short Equity ETF (FTLS) expense ratio?
The First Trust Long/Short Equity ETF funds expense ratio is 1.46%.
What is First Trust Long/Short Equity ETF (FTLS) current stock price?
As of the latest data, First Trust Long/Short Equity ETF stock price is $76.30, with a previous close of $75.95. First Trust Long/Short Equity ETF gained $0.35 in the last trading session, representing a 0.46% increase.
Does First Trust Long/Short Equity ETF (FTLS) pay dividends?
Yes. First Trust Long/Short Equity ETF pays quarterly dividends with an annualized yield of 0.86% and an estimated annual payout of $0.66 per share.
