NYSEARCA:LALT First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings, & News $22.44 +0.02 (+0.09%) As of 09/19/2025 04:10 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsShort InterestBuy This Stock About First Trust Multi-Strategy Alternative ETF (NYSEARCA:LALT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get LALT alerts:Sign Up Key Stats Today's Range$22.42▼$22.4950-Day Range$21.30▼$22.5552-Week Range$19.96▼$22.56Volume793 shsAverage Volume7,883 shsMarket Capitalization$21.32 millionAssets Under Management$25.78 millionDividend YieldN/ANet Expense Ratio1.18%Aggregate RatingN/A ETF Overview The First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that utilizes multiple alternative strategies in an attempt to provide lower correlation and more diversified risk exposures than traditional investments over various market cycles. LALT was launched on Jan 31, 2023 and is managed by First Trust. Read More First Trust Multi-Strategy Alternative ETF ExpensesTypeLALTGlobal Macro ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFsManagement Fee0.20%0.71%0.70%0.51%0.53%Other Expenses0.98%0.53%0.71%0.59%0.56%Total Expense1.18%1.16%1.19%0.74%0.73%Fee Waiver0.00%-0.37%-0.61%-0.71%-0.63%Net Expense1.18%1.01%0.95%0.58%0.60% Receive LALT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Multi-Strategy Alternative ETF and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. LALT ETF News HeadlinesNo headlines for this company have been tracked by MarketBeat.com LALT ETF - Frequently Asked Questions How have LALT shares performed this year? First Trust Multi-Strategy Alternative ETF's stock was trading at $21.00 at the start of the year. Since then, LALT shares have increased by 6.9% and is now trading at $22.44. How do I buy shares of First Trust Multi-Strategy Alternative ETF? Shares of LALT 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. Fund Details IssuerFirst Trust Fund NameFirst Trust Multi-Strategy Alternative ETF Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:LALT Inception Date1/31/2023 Fund ManagerJohn Gambla, Rob Guttschow, Daniel Lindquist, David McGarel, Chris Petersen WebN/A PhoneN/AFund Focus Asset ClassMulti Asset BenchmarkN/A CategoryAbsolute Returns FocusGlobal Macro Development LevelBlended Development RegionGlobal Number of Holdings8 Fund Statistics Assets Under Management$25.78 million Average Daily Volume$0.00 Discount/Premium0.00% 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 TrusteeN/A Lead Market MakerCitadel Options OptionableN/A Short Interest10,400 shs Miscellaneous Outstanding Shares950,000Beta-0.17 Creation Unit50,000 These 7 Stocks Will Be Magnificent in 2025Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.Get This Free Report Top 9 LALT HoldingsFirst Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)Holding Weight: 22.40%First Trust Managed Futures Strategy Fund (NYSEARCA:FMF)Holding Weight: 21.64%First Trust Long/Short Equity ETF (NYSEARCA:FTLS)Holding Weight: 20.89%iShares Gold Trust (NYSEARCA:IAU)Holding Weight: 8.19%First Trust Merger Arbitrage ETF (NYSEARCA:MARB)Holding Weight: 7.28%iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)Holding Weight: 7.14%First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)Holding Weight: 6.25%First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)Holding Weight: 6.01%CashHolding Weight: 0.21%Full Holdings DetailsLALT Sector ExposureLALT Industry Exposure This page (NYSEARCA:LALT) was last updated on 9/21/2025 by MarketBeat.com Staff From Our PartnersHe Called Nvidia at $1.10. 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