First Trust Mid Cap Value AlphaDEX Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
16.0%
3 Yr Avg Return
6.5%
5 Yr Avg Return
12.1%
Net Assets
$226 M
Holdings in Top 10
8.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 102.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FNK - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 12.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.33%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Mid Cap Value AlphaDEX Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateApr 19, 2011
-
Shares Outstanding5200002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJon Erickson
Fund Description
FNK - Performance
Return Ranking - Trailing
Period | FNK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | 1.8% | 19.1% | 97.00% |
1 Yr | 16.0% | -3.5% | 31.0% | 69.21% |
3 Yr | 6.5%* | -2.7% | 14.5% | 44.20% |
5 Yr | 12.1%* | 0.5% | 18.0% | 21.59% |
10 Yr | 6.9%* | 0.9% | 11.3% | 70.66% |
* Annualized
Return Ranking - Calendar
Period | FNK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.7% | -11.3% | 33.3% | 7.10% |
2022 | -8.8% | -41.6% | 2.3% | 11.33% |
2021 | 31.8% | -41.5% | 44.9% | 9.70% |
2020 | -0.8% | -29.0% | 22.1% | 65.35% |
2019 | 18.3% | -8.1% | 31.2% | 75.00% |
Total Return Ranking - Trailing
Period | FNK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | 1.8% | 19.1% | 97.00% |
1 Yr | 16.0% | -3.5% | 31.0% | 69.21% |
3 Yr | 6.5%* | -2.7% | 14.5% | 44.20% |
5 Yr | 12.1%* | 0.5% | 18.0% | 21.59% |
10 Yr | 6.9%* | 0.9% | 11.3% | 70.66% |
* Annualized
Total Return Ranking - Calendar
Period | FNK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | -3.7% | 36.5% | 6.83% |
2022 | -7.2% | -35.0% | 2.4% | 41.44% |
2021 | 33.6% | 6.2% | 48.3% | 13.57% |
2020 | 1.2% | -22.9% | 23.2% | 60.56% |
2019 | 20.6% | -3.0% | 35.7% | 89.83% |
FNK - Holdings
Concentration Analysis
FNK | Category Low | Category High | FNK % Rank | |
---|---|---|---|---|
Net Assets | 226 M | 991 K | 28 B | 76.57% |
Number of Holdings | 227 | 8 | 2423 | 14.71% |
Net Assets in Top 10 | 17.5 M | 221 K | 5.55 B | 87.47% |
Weighting of Top 10 | 8.22% | 5.1% | 100.3% | 99.18% |
Top 10 Holdings
- Apartment Income REIT Corp 0.93%
- Goldman Sachs Financial Square Treasury Obligations Fund 0.87%
- Liberty Energy Inc 0.84%
- Range Resources Corp 0.82%
- Northern Oil Gas Inc 0.81%
- Seaboard Corp 0.81%
- Chesapeake Energy Corp 0.80%
- Group 1 Automotive Inc 0.79%
- Chord Energy Corp 0.78%
- White Mountains Insurance Group Ltd 0.78%
Asset Allocation
Weighting | Return Low | Return High | FNK % Rank | |
---|---|---|---|---|
Stocks | 99.91% | 56.67% | 102.66% | 6.81% |
Cash | 0.99% | 0.00% | 38.75% | 65.67% |
Preferred Stocks | 0.00% | 0.00% | 1.48% | 89.37% |
Other | 0.00% | -0.10% | 7.30% | 86.92% |
Convertible Bonds | 0.00% | 0.00% | 0.02% | 89.32% |
Bonds | 0.00% | 0.00% | 25.59% | 89.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FNK % Rank | |
---|---|---|---|---|
Financial Services | 24.33% | 0.00% | 60.11% | 9.32% |
Consumer Cyclical | 24.06% | 0.00% | 29.62% | 0.82% |
Industrials | 13.45% | 0.00% | 29.02% | 63.56% |
Basic Materials | 7.89% | 0.00% | 23.88% | 20.00% |
Technology | 7.64% | 0.00% | 30.07% | 75.34% |
Utilities | 5.36% | 0.00% | 24.69% | 59.73% |
Real Estate | 4.96% | 0.00% | 40.74% | 75.62% |
Healthcare | 3.72% | 0.00% | 32.47% | 93.42% |
Communication Services | 3.72% | 0.00% | 19.80% | 33.70% |
Consumer Defense | 3.25% | 0.00% | 33.79% | 84.66% |
Energy | 1.62% | 0.00% | 29.17% | 94.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FNK % Rank | |
---|---|---|---|---|
US | 99.91% | 56.67% | 102.66% | 5.18% |
Non US | 0.00% | 0.00% | 34.31% | 91.55% |
FNK - Expenses
Operational Fees
FNK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.01% | 16.92% | 83.38% |
Management Fee | 0.70% | 0.00% | 1.20% | 53.68% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 22.56% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
FNK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FNK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FNK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 102.00% | 0.00% | 227.00% | 93.73% |
FNK - Distributions
Dividend Yield Analysis
FNK | Category Low | Category High | FNK % Rank | |
---|---|---|---|---|
Dividend Yield | 1.59% | 0.00% | 22.79% | 47.81% |
Dividend Distribution Analysis
FNK | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FNK | Category Low | Category High | FNK % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.33% | -1.84% | 4.73% | 18.68% |
Capital Gain Distribution Analysis
FNK | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 27, 2024 | $0.212 | OrdinaryDividend |
Mar 21, 2024 | $0.114 | OrdinaryDividend |
Dec 22, 2023 | $0.349 | OrdinaryDividend |
Sep 22, 2023 | $0.212 | OrdinaryDividend |
Jun 27, 2023 | $0.183 | OrdinaryDividend |
Mar 24, 2023 | $0.155 | OrdinaryDividend |
Dec 23, 2022 | $0.258 | OrdinaryDividend |
Sep 23, 2022 | $0.183 | OrdinaryDividend |
Jun 24, 2022 | $0.145 | OrdinaryDividend |
Mar 25, 2022 | $0.127 | OrdinaryDividend |
Dec 23, 2021 | $0.221 | OrdinaryDividend |
Sep 23, 2021 | $0.200 | OrdinaryDividend |
Jun 24, 2021 | $0.132 | OrdinaryDividend |
Mar 25, 2021 | $0.043 | OrdinaryDividend |
Dec 24, 2020 | $0.224 | OrdinaryDividend |
Sep 24, 2020 | $0.140 | OrdinaryDividend |
Jun 25, 2020 | $0.145 | OrdinaryDividend |
Mar 26, 2020 | $0.067 | OrdinaryDividend |
Dec 13, 2019 | $0.263 | OrdinaryDividend |
Sep 25, 2019 | $0.259 | OrdinaryDividend |
Jun 14, 2019 | $0.100 | OrdinaryDividend |
Mar 21, 2019 | $0.032 | OrdinaryDividend |
Dec 18, 2018 | $0.217 | OrdinaryDividend |
Sep 14, 2018 | $0.099 | OrdinaryDividend |
Jun 21, 2018 | $0.181 | OrdinaryDividend |
Mar 22, 2018 | $0.040 | OrdinaryDividend |
Dec 21, 2017 | $0.218 | OrdinaryDividend |
Sep 21, 2017 | $0.117 | OrdinaryDividend |
Jun 22, 2017 | $0.112 | OrdinaryDividend |
Mar 23, 2017 | $0.061 | OrdinaryDividend |
Dec 21, 2016 | $0.151 | OrdinaryDividend |
Sep 21, 2016 | $0.108 | OrdinaryDividend |
Jun 22, 2016 | $0.116 | OrdinaryDividend |
Mar 23, 2016 | $0.079 | OrdinaryDividend |
Dec 23, 2015 | $0.128 | OrdinaryDividend |
Sep 23, 2015 | $0.093 | OrdinaryDividend |
Jun 24, 2015 | $0.104 | OrdinaryDividend |
Mar 25, 2015 | $0.057 | OrdinaryDividend |
Dec 23, 2014 | $0.127 | OrdinaryDividend |
Sep 23, 2014 | $0.099 | OrdinaryDividend |
Jun 24, 2014 | $0.048 | OrdinaryDividend |
Mar 25, 2014 | $0.059 | OrdinaryDividend |
Dec 18, 2013 | $0.074 | OrdinaryDividend |
Sep 20, 2013 | $0.052 | OrdinaryDividend |
Jun 21, 2013 | $0.063 | OrdinaryDividend |
Mar 21, 2013 | $0.040 | OrdinaryDividend |
Dec 21, 2012 | $0.145 | OrdinaryDividend |
Jun 21, 2012 | $0.077 | OrdinaryDividend |
Dec 21, 2011 | $0.071 | OrdinaryDividend |
Jun 21, 2011 | $0.040 | OrdinaryDividend |
FNK - Fund Manager Analysis
Managers
Jon Erickson
Start Date
Tenure
Tenure Rank
Apr 19, 2011
11.12
11.1%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Apr 19, 2011
11.12
11.1%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Apr 19, 2011
11.12
11.1%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
David McGarel
Start Date
Tenure
Tenure Rank
Apr 19, 2011
11.12
11.1%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Roger Testin
Start Date
Tenure
Tenure Rank
Apr 19, 2011
11.12
11.1%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.59 | 8.2 | 10.92 |