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 2024. Since then, FAAR shares have increased by 6.8% and is now trading at $29.22. 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 the month of April. As of April 15th, there was short interest totaling 7,000 shares, a decline of 35.2% from the March 31st total of 10,800 shares. Based on an average trading volume of 42,600 shares, the short-interest 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 annualized dividend and a yield of 2.78%. 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 $131.22 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 institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (1.99%), Cambridge Investment Research Advisors Inc. (1.14%), Iams Wealth Management LLC (0.89%), Simplicity Wealth LLC (0.77%), Park Avenue Securities LLC (0.34%) and RFG Advisory LLC (0.29%).

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 .

NASDAQ:FAAR

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

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Free FAAR Stock Alerts

$29.22

+0.04 (+0.14%)

(As of 04/26/2024 06:55 PM ET)

Compare

Today's Range: $29.19
▼
$29.33
50-Day Range: $28.26
▼
$29.28
52-Week Range: $25.85
▼
$30.00

Volume: 15,400 shs
Average Volume: 42,010 shs
Market Capitalization: $131.49 million

Assets Under Management: $131.22 million
Dividend Yield: 3.11%
Net Expense Ratio: 0.95%

Stock Analysis Chart Dividend Headlines Holdings Ownership Short Interest Social Media

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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

February 16, 2024 | seekingalpha.com

FIF CEF: Upcoming ETF Conversion Set To Erase 5.65% Discount

January 31, 2024 | seekingalpha.com

The Case For Alternative Assets

April 29, 2024 | Wall Street Star (Ad)

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January 24, 2024 | seekingalpha.com

Alternative Allocations: Alternative Investment Outlook

January 22, 2024 | finance.yahoo.com

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

January 6, 2024 | cnbc.com

Cliff Asness' AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks

December 22, 2023 | msn.com

First Trust Multi-Strategy Alternative ETF declares quarterly distribution of $0.3891

December 20, 2023 | tmcnet.com

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for January

April 29, 2024 | Wall Street Star (Ad)

AI finds its first serious application

October 31, 2023 | usatoday.com

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

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: 10

Fund Statistics

Assets Under Management: $131.22 million
Average Daily Volume: $66,054.60
Discount/Premium: 0.02%

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: 7,000 shs

Miscellaneous

Outstanding Shares: 4,500,000
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%	0.83%	0.66%	0.48%	0.51%
Other Expenses	0.00%	1.90%	0.27%	0.34%	0.58%
Total Expense	0.95%	2.08%	0.77%	0.58%	0.70%
Fee Waiver	0.00%	-2.39%	-0.18%	-0.22%	-0.57%
Net Expense	0.95%	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%

Full Holdings Details

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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 2024. Since then, FAAR shares have increased by 6.8% and is now trading at $29.22.
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 the month of April. As of April 15th, there was short interest totaling 7,000 shares, a decline of 35.2% from the March 31st total of 10,800 shares. Based on an average trading volume of 42,600 shares, the short-interest 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 annualized dividend and a yield of 2.78%. 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 $131.22 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 institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (1.99%), Cambridge Investment Research Advisors Inc. (1.14%), Iams Wealth Management LLC (0.89%), Simplicity Wealth LLC (0.77%), Park Avenue Securities LLC (0.34%) and RFG Advisory LLC (0.29%).
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 4/29/2024 by MarketBeat.com Staff

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