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 technology 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 Technology AlphaDEX® Fund (FXL) expense ratio?
The First Trust Technology AlphaDEX® Fund funds expense ratio is 0.62%.
What is First Trust Technology AlphaDEX® Fund (FXL) current stock price?
As of the latest data, First Trust Technology AlphaDEX® Fund stock price is $211.15, with a previous close of $211.38. First Trust Technology AlphaDEX® Fund lost -$0.24 in the last trading session, representing a -0.11% loss.
Does First Trust Technology AlphaDEX® Fund (FXL) pay dividends?
No. First Trust Technology AlphaDEX® Fund does not pay a dividend.