The fund will 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 financial services 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 Financials AlphaDEX® Fund (FXO) expense ratio?
The First Trust Financials AlphaDEX® Fund funds expense ratio is 0.62%.
What is First Trust Financials AlphaDEX® Fund (FXO) current stock price?
As of the latest data, First Trust Financials AlphaDEX® Fund stock price is $64.91, with a previous close of $65.38. First Trust Financials AlphaDEX® Fund lost -$0.47 in the last trading session, representing a -0.72% loss.
Does First Trust Financials AlphaDEX® Fund (FXO) pay dividends?
Yes. First Trust Financials AlphaDEX® Fund pays quarterly dividends with an annualized yield of 2.02% and an estimated annual payout of $1.31 per share.
