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 industrials and producer durables sectors 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 Industrials/Producer Durables AlphaDEX Fund (FXR) expense ratio?
The First Trust Industrials/Producer Durables AlphaDEX Fund funds expense ratio is 0.61%.
What is First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) current stock price?
As of the latest data, First Trust Industrials/Producer Durables AlphaDEX Fund stock price is $83.17, with a previous close of $82.74. First Trust Industrials/Producer Durables AlphaDEX Fund gained $0.43 in the last trading session, representing a 0.52% increase.
Does First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) pay dividends?
Yes. First Trust Industrials/Producer Durables AlphaDEX Fund pays quarterly dividends with an annualized yield of 0.8% and an estimated annual payout of $0.66 per share.
