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NYSEARCA:LALT

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

$20.92
-0.02 (-0.10%)
(As of 07/12/2024 ET)
Today's Range
$20.90
$20.96
50-Day Range
$20.42
$20.94
52-Week Range
$19.66
$22.98
Volume
2,902 shs
Average Volume
3,976 shs
Market Capitalization
$8.37 million
Assets Under Management
$8.36 million
Dividend Yield
2.36%
Net Expense Ratio
1.94%

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

LALT ETF News Headlines

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Fund Details

Issuer
First Trust
Fund Name
First Trust Multi-Strategy Alternative ETF
Tax Classification
Regulated Investment Company
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
$8.36 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

Beta
0.15
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First Trust Multi-Strategy Alternative ETF Expenses

TypeLALTGlobal Macro ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.20%0.81%0.71%0.51%0.51%
Other Expenses1.74%0.67%0.76%0.59%0.54%
Total Expense1.94%1.30%1.24%0.74%0.71%
Fee Waiver0.00%-0.44%-0.75%-0.69%-0.59%
Net Expense1.94%1.10%0.98%0.58%0.59%

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


LALT ETF - Frequently Asked Questions

How have LALT shares performed this year?

First Trust Multi-Strategy Alternative ETF's stock was trading at $19.70 at the start of the year. Since then, LALT shares have increased by 6.2% and is now trading at $20.9187.
View the best growth stocks for 2024 here
.

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 7/14/2024 by MarketBeat.com Staff

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