First Trust Technology AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Technology Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets. The selected stocks are divided into quintiles based on their rankings and the top ranked quintiles receive a higher weight within the Index. The Index is reconstituted and rebalanced quarterly. The Fund's investment advisor is First Trust Advisors L.P.
Basic Details
Issuer First Trust
Fund NameFirst Trust Technology AlphaDEX Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:FXL
Inception Date5/8/2007
Fund ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Phone+1-800-6211675
Fund Focus
Asset ClassEquity
BenchmarkStrataQuant Technology TR USD
CategorySector
FocusTechnology
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$2.11 billion
Average Daily Volume$278,349.00
Discount/Premium0.83%
ETF Expenses
Management Fee0.50%
Other Expenses0.13%
Total Expenses0.63%
Fee Waiver0.00%
Net Expenses0.63%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerJane Street
First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) Frequently Asked Questions
What is First Trust Technology AlphaDEX Fund's stock symbol?
First Trust Technology AlphaDEX Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FXL."
How often does First Trust Technology AlphaDEX Fund pay dividends? What is the dividend yield for First Trust Technology AlphaDEX Fund?
First Trust Technology AlphaDEX Fund declared a special dividend on Friday, December 28th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.0572 per share on Friday, January 4th. This represents a yield of 0.53%. The ex-dividend date is Friday, December 28th. View First Trust Technology AlphaDEX Fund's Dividend History.
Has First Trust Technology AlphaDEX Fund been receiving favorable news coverage?
News headlines about FXL stock have trended somewhat positive on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Trust Technology AlphaDEX Fund earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Who are First Trust Technology AlphaDEX Fund's key executives?
First Trust Technology AlphaDEX Fund's management team includes the folowing people:
- James A. Bowen, Chairman of the Board of Trustees, President, Chief Executive Officer (Age 62)
- Mark R. Bradley, Chief Financial Officer, Chief Accounting Officer, Treasurer, Controller (Age 60)
- W. Scott Jardine Esq., Chief Compliance Officer, Secretary (Age 57)
- Kelley A. Christensen, Vice President (Age 42)
- Daniel J. Lindquist, Vice President (Age 47)
- Roger F. Testin, Vice President (Age 48)
- Stan Ueland, Vice President (Age 43)
- James M. Dykas, Assistant Treasurer (Age 51)
- Kristi A. Maher, Assistant Secretary (Age 51)
- Richard E. Erickson M.D., Trustee (Age 66)
Who are First Trust Technology AlphaDEX Fund's major shareholders?
First Trust Technology AlphaDEX Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (32.70%), Bank of America Corp DE (2.99%), Raymond James & Associates (2.30%), Raymond James Financial Services Advisors Inc. (1.70%), Astor Investment Management LLC (1.42%) and Total Investment Management Inc. (1.37%).
Which institutional investors are selling First Trust Technology AlphaDEX Fund stock?
FXL stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Raymond James & Associates, Bank of America Corp DE, Astor Investment Management LLC, Jane Street Group LLC, Global Financial Private Capital LLC, First Allied Advisory Services Inc. and Juncture Wealth Strategies LLC.
Which institutional investors are buying First Trust Technology AlphaDEX Fund stock?
FXL stock was bought by a variety of institutional investors in the last quarter, including Total Investment Management Inc., Raymond James Financial Services Advisors Inc., CWM LLC, Ruggie Capital Group, Financial Advocates Investment Management, Strategic Wealth Advisors Group LLC, Commonwealth Equity Services LLC and LPL Financial LLC.
How do I buy shares of First Trust Technology AlphaDEX Fund?
Shares of FXL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Trust Technology AlphaDEX Fund's stock price today?
One share of FXL stock can currently be purchased for approximately $63.13.
How big of a company is First Trust Technology AlphaDEX Fund?
First Trust Technology AlphaDEX Fund has a market capitalization of $2.02 billion.
What is First Trust Technology AlphaDEX Fund's official website?
How can I contact First Trust Technology AlphaDEX Fund?
First Trust Technology AlphaDEX Fund's mailing address is 120 East Liberty Drive Suite 400, Wheaton, 60187, United States. The company can be reached via phone at +1-800-6211675.
MarketBeat Community Rating for First Trust Technology AlphaDEX Fund (NYSEARCA FXL)
MarketBeat's community ratings are surveys of what our community members think about First Trust Technology AlphaDEX Fund and other stocks. Vote "Outperform" if you believe FXL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FXL will underperform the S&P 500 over the long term. You may vote once every thirty days.
