The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities and real estate investment trusts that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Frequently asked questions
What is the First Trust Small Cap Value AlphaDEX® Fund (FYT) expense ratio?
The First Trust Small Cap Value AlphaDEX® Fund funds expense ratio is 0.7%.
What is First Trust Small Cap Value AlphaDEX® Fund (FYT) current stock price?
As of the latest data, First Trust Small Cap Value AlphaDEX® Fund stock price is $69.06, with a previous close of $69.88. First Trust Small Cap Value AlphaDEX® Fund lost -$0.82 in the last trading session, representing a -1.17% loss.
Does First Trust Small Cap Value AlphaDEX® Fund (FYT) pay dividends?
Yes. First Trust Small Cap Value AlphaDEX® Fund pays quarterly dividends with an annualized yield of 1.49% and an estimated annual payout of $1.03 per share.
