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 to objectively identify and select stocks from the Russell 1000® Index in the health care 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 Health Care AlphaDEX® Fund (FXH) expense ratio?
The First Trust Health Care AlphaDEX® Fund funds expense ratio is 0.62%.
What is First Trust Health Care AlphaDEX® Fund (FXH) current stock price?
As of the latest data, First Trust Health Care AlphaDEX® Fund stock price is $135.24, with a previous close of $135.17. First Trust Health Care AlphaDEX® Fund gained $0.07 in the last trading session, representing a 0.05% increase.
Does First Trust Health Care AlphaDEX® Fund (FXH) pay dividends?
Yes. First Trust Health Care AlphaDEX® Fund pays quarterly dividends with an annualized yield of 0.54% and an estimated annual payout of $0.74 per share.