How have FAAR shares performed in 2023?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the beginning of the year. Since then, FAAR shares have decreased by 7.8% and is now trading at $27.54. View the best growth stocks for 2023 here .

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 4,600 shares, a decrease of 94.7% from the October 31st total of 87,000 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.2 days. View First Trust Alternative Absolute Return Strategy ETF's Short Interest .

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, September 21st. Shareholders of record on Monday, September 25th will be paid a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 annualized dividend and a yield of 3.34%. The ex-dividend date is Friday, September 22nd. Read our dividend analysis for FAAR .

What does FAAR invest in?

First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $159.16 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH) , Canadian Imperial Bank of Commerce (CM) , Mack-Cali Realty (CLI) , CONSOL Coal Resources (CCR) , CaixaBank (CAIXY) , Bankwell Financial Group (BWFG) , BlackRock New York Municipal Income Trust (BNY) and ATI (ATI) .

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (11.45%), LPL Financial LLC (6.73%), AE Wealth Management LLC (6.06%), HighTower Advisors LLC (3.99%), Bank of New York Mellon Corp (2.04%) and Avantax Advisory Services Inc. (2.02%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

$27.54

-0.06 (-0.22%)

(As of 12/6/2023 ET)

Today's Range: $27.44
▼
$27.63
50-Day Range: $27.54
▼
$28.85
52-Week Range: $25.85
▼
$31.13

Volume: 91,661 shs
Average Volume: 33,417 shs
Market Capitalization: $163.86 million

Assets Under Management: $159.16 million
Dividend Yield: 8.53%
Net Expense Ratio: 0.95%

Stock Analysis Chart Dividend Headlines Holdings Ownership Short Interest Social Media

About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.

FAAR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FAAR ETF News Headlines

October 31, 2023 | usatoday.com

Christopher J. Day’s Visionary Approach Towards Inclusive Investing with Innovative ETF Strategies

September 14, 2023 | thestreet.com

First Trust Alternative Absolute Return Strategy ETF

December 7, 2023 | Financial Alphas (Ad)

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July 21, 2023 | finance.yahoo.com

FAAR - First Trust Alternative Absolute Return Strategy ETF

July 15, 2023 | investing.com

First Trust Multi-Strategy Alternative ETF (LALT)

June 28, 2023 | msn.com

First Trust Active Factor Large Cap ETF declares quarterly distribution of $0.0716

June 28, 2023 | msn.com

First Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.2293

June 27, 2023 | msn.com

Some advisors are flocking to alternative investments, survey finds. What investors need to know

December 7, 2023 | Edge On The Street (Ad)

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May 12, 2023 | fool.com

Absolute Shares Trust - Wbi BullBear Value 3000 ETF (NYSEMKT: WBIF)

See More Headlines

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Fund Details

Issuer: First Trust
Fund Name: First Trust Alternative Absolute Return Strategy ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:FAAR
Inception Date: 5/18/2016
Fund Manager: John Gambla, Rob Guttschow
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Commodities
Benchmark: N/A
Category: Absolute Returns
Focus: Long/Short
Development Level: Blended Development
Region: Global
Number of Holdings: 11

Fund Statistics

Assets Under Management: $159.16 million
Average Daily Volume: $28,497.00
Discount/Premium: -0.08%

Administrator, Advisor and Custodian

Administrator: Brown Brothers Harriman & Co.
Advisor: First Trust Advisors L.P.
Custodian: Brown Brothers Harriman & Co.
Distributor: First Trust Portfolios L.P.
Transfer Agent: Brown Brothers Harriman & Co.
Trustee: N/A
Lead Market Maker: Jane Street

Options

Optionable: N/A
Short Interest: 4,600 shs

Miscellaneous

Outstanding Shares: 5,950,000
Beta: 0.10
Creation Unit: 50,000
Creation Fee: $500.00

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First Trust Alternative Absolute Return Strategy ETF Expenses

Type	FAAR	Long/Short ETFs	Commodities ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.95%	0.82%	0.66%	0.47%	0.51%
Other Expenses	0.00%	2.04%	0.27%	0.29%	0.57%
Total Expense	0.95%	2.16%	0.77%	0.55%	0.69%
Fee Waiver	0.00%	-2.54%	-0.17%	-0.21%	-0.57%
Net Expense	0.95%	1.02%	0.70%	0.51%	0.57%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

Ft Cayman Subsidiary Iii
Holding Weight: 19.88%
Morgan Stanley Instl Lqudty Trs Instl
Holding Weight: 10.86%
Dreyfus Government Cash Mgmt Instl
Holding Weight: 9.14%
Us Dollars
Holding Weight: 6.88%
United States Treasury Bills
Holding Weight: 6.82%
United States Treasury Bills
Holding Weight: 6.79%
United States Treasury Bills
Holding Weight: 6.76%
United States Treasury Bills
Holding Weight: 6.76%
United States Treasury Bills
Holding Weight: 6.73%
United States Treasury Notes 0.38%
Holding Weight: 6.50%

Full Holdings Details

Institutional Ownership

View All Institutional Transactions

FAAR ETF - Frequently Asked Questions

How have FAAR shares performed in 2023?: First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the beginning of the year. Since then, FAAR shares have decreased by 7.8% and is now trading at $27.54.
View the best growth stocks for 2023 here.
Are investors shorting First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 4,600 shares, a decrease of 94.7% from the October 31st total of 87,000 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.2 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest.
How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, September 21st. Shareholders of record on Monday, September 25th will be paid a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 annualized dividend and a yield of 3.34%. The ex-dividend date is Friday, September 22nd.
Read our dividend analysis for FAAR.
What does FAAR invest in?: First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $159.16 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.
What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).
Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?: First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (11.45%), LPL Financial LLC (6.73%), AE Wealth Management LLC (6.06%), HighTower Advisors LLC (3.99%), Bank of New York Mellon Corp (2.04%) and Avantax Advisory Services Inc. (2.02%).
How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?: Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:FAAR) was last updated on 12/7/2023 by MarketBeat.com Staff

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