How have LALT shares performed in 2024?

First Trust Multi-Strategy Alternative ETF's stock was trading at $19.70 at the beginning of 2024. Since then, LALT shares have increased by 4.8% and is now trading at $20.6526. View the best growth stocks for 2024 here .

What does LALT invest in?

First Trust Multi-Strategy Alternative ETF is a multi asset fund issued by First Trust. LALT focuses on global macro investments. The fund's investments total to approximately $7.20 million assets under management.

What stocks does First Trust Multi-Strategy Alternative ETF hold?

LALT invests in 8 holdings. Some of the stocks in their portfolio include First Trust Alternative Absolute Return Strategy ETF (FAAR) , First Trust Managed Futures Strategy Fund (FMF) , First Trust Long/Short Equity ETF (FTLS) , First Trust TCW Unconstrained Plus Bond ETF (UCON) , First Trust Merger Arbitrage ETF (MARB) , iShares Gold Trust (IAU) , First Trust Global Tactical Commodity Strategy Fund (FTGC) and iShares 7-10 Year Treasury Bond ETF (IEF) .

What is the management fee for First Trust Multi-Strategy Alternative ETF?

First Trust Multi-Strategy Alternative ETF's management fee is 0.20% and has other expenses of 1.03%. The net expense ratio for LALT is 1.23%.

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. Compare Top Brokerages Here .

NYSEARCA:LALT

First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings, & News

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$20.65

+0.03 (+0.15%)

(As of 04/26/2024 ET)

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Today's Range: $20.65
▼
$20.70
50-Day Range: $20.21
▼
$20.84
52-Week Range: $19.66
▼
$22.98

Volume: 2,589 shs
Average Volume: 5,488 shs
Market Capitalization: $7.23 million

Assets Under Management: $7.20 million
Dividend Yield: 2.34%
Net Expense Ratio: 1.23%

Stock Analysis Chart Holdings

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About First Trust Multi-Strategy Alternative ETF

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.

LALT Stock Price History

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Fund Details

Issuer: First Trust
Fund Name: First Trust Multi-Strategy Alternative ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:LALT
Inception Date: 1/31/2023
Fund Manager: John Gambla, Rob Guttschow, Daniel Lindquist, David McGarel, Chris Petersen
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Multi Asset
Benchmark: N/A
Category: Absolute Returns
Focus: Global Macro
Development Level: Blended Development
Region: Global
Number of Holdings: 8

Fund Statistics

Assets Under Management: $7.20 million
Average Daily Volume: $0.00
Discount/Premium: 0.05%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: First Trust Advisors L.P.
Custodian: The Bank of New York Mellon Corporation
Distributor: First Trust Portfolios L.P.
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: Citadel

Miscellaneous

Outstanding Shares: 350,002
Beta: 0.15

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First Trust Multi-Strategy Alternative ETF Expenses

Type	LALT	Global Macro ETFs	Multi Asset ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.20%	0.64%	0.69%	0.50%	0.51%
Other Expenses	1.03%	0.77%	0.79%	0.64%	0.58%
Total Expense	1.23%	1.25%	1.21%	0.74%	0.70%
Fee Waiver	0.00%	-0.40%	-0.69%	-0.68%	-0.57%
Net Expense	1.23%	1.05%	0.94%	0.58%	0.58%

First Trust Multi-Strategy Alternative ETF (LALT) Holdings & Exposure

Top 9 LALT Holdings

LALT Sector Exposure

LALT Industry Exposure

Full Holdings Details

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LALT ETF - Frequently Asked Questions

How have LALT shares performed in 2024?: First Trust Multi-Strategy Alternative ETF's stock was trading at $19.70 at the beginning of 2024. Since then, LALT shares have increased by 4.8% and is now trading at $20.6526.
View the best growth stocks for 2024 here.
What does LALT invest in?: First Trust Multi-Strategy Alternative ETF is a multi asset fund issued by First Trust. LALT focuses on global macro investments. The fund's investments total to approximately $7.20 million assets under management.
What stocks does First Trust Multi-Strategy Alternative ETF hold?: LALT invests in 8 holdings. Some of the stocks in their portfolio include First Trust Alternative Absolute Return Strategy ETF (FAAR), First Trust Managed Futures Strategy Fund (FMF), First Trust Long/Short Equity ETF (FTLS), First Trust TCW Unconstrained Plus Bond ETF (UCON), First Trust Merger Arbitrage ETF (MARB), iShares Gold Trust (IAU), First Trust Global Tactical Commodity Strategy Fund (FTGC) and iShares 7-10 Year Treasury Bond ETF (IEF).

What is the management fee for First Trust Multi-Strategy Alternative ETF?: First Trust Multi-Strategy Alternative ETF's management fee is 0.20% and has other expenses of 1.03%. The net expense ratio for LALT is 1.23%.
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.
Compare Top Brokerages Here.

This page (NYSEARCA:LALT) was last updated on 4/28/2024 by MarketBeat.com Staff

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