NYSEARCA:LALT First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings, & News $21.44 -0.01 (-0.05%) As of 07/14/2025 04:10 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsShort InterestBuy This Stock About First Trust Multi-Strategy Alternative ETF (NYSEARCA:LALT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get LALT alerts:Sign Up Key Stats Today's Range$21.36▼$21.4450-Day Range$20.80▼$21.4552-Week Range$19.96▼$21.61Volume2,227 shsAverage Volume8,120 shsMarket Capitalization$20.37 millionAssets Under Management$20.26 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%-0.60%-0.71%-0.63%Net Expense1.18%1.01%0.96%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. Email Address 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 2.1% and is now trading at $21.44. 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$20.26 million Average Daily Volume$0.00 Discount/Premium0.01% 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 Interest5,300 shs Miscellaneous Outstanding Shares950,000Beta-0.17 Creation Unit50,000 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.Get This Free Report Top 9 LALT HoldingsFirst Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)Holding Weight: 21.52%First Trust Long/Short Equity ETF (NYSEARCA:FTLS)Holding Weight: 21.51%First Trust Managed Futures Strategy Fund (NYSEARCA:FMF)Holding Weight: 21.39%iShares Gold Trust (NYSEARCA:IAU)Holding Weight: 8.07%First Trust Merger Arbitrage ETF (NYSEARCA:MARB)Holding Weight: 7.47%iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)Holding Weight: 7.37%First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)Holding Weight: 6.45%First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)Holding Weight: 6.04%CashHolding Weight: 0.17%Full Holdings DetailsLALT Sector ExposureLALT Industry Exposure This page (NYSEARCA:LALT) was last updated on 7/15/2025 by MarketBeat.com Staff From Our PartnersINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredGoogle did what!?!?A new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...Stansberry Research | SponsoredWhite House to reset Social Security?Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...Altimetry | Sponsored$100 Trillion “AI Metal” Found in American Ghost TownJeff Brown recently traveled to a ghost town in the middle of an American desert… To investigate what could...Brownstone Research | Sponsored3..2..1.. AI 2.0 ignition (don’t sleep on this)I just put together an urgent new presentation that you need to see right away. In short: I believe we are...Timothy Sykes | SponsoredTrump’s treachery Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? Take your latest internet bill and light it on fire… then count the seconds it...Banyan Hill Publishing | SponsoredBuffett’s $325 Billion Cash Problem — Solved by Gold?A bombshell announcement is just weeks away — and it could send shockwaves through the gold market. Most inves...Golden Portfolio | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Trust Multi-Strategy Alternative ETF Please log in to your account or sign up in order to add this asset to your watchlist. Share First Trust Multi-Strategy Alternative ETF With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.