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 a modified equal-dollar weighted index that seeks to objectively identify and select stocks from the Russell 1000® Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Frequently asked questions
What is the First Trust Consumer Discretionary AlphaDEX Fund (FXD) expense ratio?
The First Trust Consumer Discretionary AlphaDEX Fund funds expense ratio is 0.61%.
What is First Trust Consumer Discretionary AlphaDEX Fund (FXD) current stock price?
As of the latest data, First Trust Consumer Discretionary AlphaDEX Fund stock price is $64.66, with a previous close of $64.59. First Trust Consumer Discretionary AlphaDEX Fund gained $0.07 in the last trading session, representing a 0.11% increase.
Does First Trust Consumer Discretionary AlphaDEX Fund (FXD) pay dividends?
Yes. First Trust Consumer Discretionary AlphaDEX Fund pays quarterly dividends with an annualized yield of 0.74% and an estimated annual payout of $0.48 per share.
