S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
NASDAQ:FAAR

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

$29.01
-0.01 (-0.03%)
(As of 04/19/2024 ET)
Today's Range
$28.83
$29.19
50-Day Range
$28.26
$29.28
52-Week Range
$25.85
$30.00
Volume
51,764 shs
Average Volume
43,685 shs
Market Capitalization
$132.00 million
Assets Under Management
$132.00 million
Dividend Yield
3.14%
Net Expense Ratio
0.95%
FAAR stock logo

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

FAAR ETF News Headlines

The Case For Alternative Assets
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Alternative Allocations: Alternative Investment Outlook
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
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
10

Fund Statistics

Assets Under Management
$132.00 million
Average Daily Volume
$66,310.80
Discount/Premium
0.01%

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
10,800 shs

Miscellaneous

Beta
N/A
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.83%0.66%0.48%0.51%
Other Expenses0.00%1.90%0.27%0.34%0.58%
Total Expense0.95%2.08%0.77%0.58%0.70%
Fee Waiver0.00%-2.39%-0.18%-0.22%-0.57%
Net Expense0.95%1.03%0.70%0.54%0.58%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

  • First Eagle Alternative Capital BDC(NASDAQ:FCRD)
    Holding Weight: 22.72%
  • United States Treasury Notes 0.375%
    Holding Weight: 16.88%
  • United States Treasury Notes 0.25%
    Holding Weight: 9.19%
  • United States Treasury Notes 0.25%
    Holding Weight: 9.02%
  • United States Treasury Notes 0.375%
    Holding Weight: 8.92%
  • United States Treasury Notes 1%
    Holding Weight: 8.85%
  • United States Treasury Notes 0.5%
    Holding Weight: 8.71%
  • United States Treasury Notes 0.25%
    Holding Weight: 8.58%
  • Dreyfus Govt Cm Inst 289
    Holding Weight: 3.57%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 3.57%

FAAR ETF - Frequently Asked Questions

How have FAAR shares performed in 2024?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 at the beginning of the year. Since then, FAAR stock has increased by 6.1% and is now trading at $29.01.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a decline in short interest in March. As of March 31st, there was short interest totaling 10,800 shares, a decline of 34.5% from the March 15th total of 16,500 shares. Based on an average daily trading volume, of 45,300 shares, the days-to-cover ratio is presently 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 announced a quarterly dividend on Wednesday, March 20th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.2032 per share on Thursday, March 28th. This represents a $0.81 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date is Thursday, March 21st.
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 $132.00 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 investors include Iams Wealth Management LLC (0.89%), Park Avenue Securities LLC (0.34%), RFG Advisory LLC (0.29%) and Signal Advisors Wealth LLC (0.20%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FAAR) was last updated on 4/21/2024 by MarketBeat.com Staff

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