First Trust Mid Cap Value AlphaDEX FundFirst Trust Mid Cap Value AlphaDEX FundFirst Trust Mid Cap Value AlphaDEX Fund

First Trust Mid Cap Value AlphaDEX Fund

No trades
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Key stats


Assets under management (AUM)
‪202.46 M‬USD
Fund flows (1Y)
‪−22.61 M‬USD
Dividend yield (indicated)
1.64%
Discount/Premium to NAV
0.02%
Shares outstanding
‪3.60 M‬
Expense ratio
0.70%

About First Trust Mid Cap Value AlphaDEX Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Apr 19, 2011
Structure
Open-Ended Fund
Index tracked
NASDAQ AlphaDEX Mid Cap Value Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33737M2017
FNK offers an alternative take on US mid-cap value stocks. Its quant-based methodology attempts to outperform the space by selecting stocks from its base index NASDAQ US 600 Mid Cap Index and screens it for value factors. The resulting underlying index portfolio includes 225 stocks with value factors such as price/book value, price/cash flow and return on assets. The stocks are further divided equally into quintiles after the value screens, overweighting the highest scoring securities. The index is reconstituted and rebalanced quarterly. Prior to April 8, 2016, the Funds tracked the Defined Mid Cap Value Index, the universe may differ slightly but the factors and methodology are the same.

Broaden your horizons with more funds linked to FNK via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Value
Strategy
Value
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FNK trades at 55.41 USD today, its price has fallen −1.21% in the past 24 hours. Track more dynamics on FNK price chart.
FNK net asset value is 55.40 today — it's fallen 1.43% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FNK assets under management is ‪202.46 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FNK price has risen by 1.84% over the last month, and its yearly performance shows a 2.10% increase. See more dynamics on FNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.43% over the last month, have fallen by −1.43% over the last month, showed a 8.67% increase in three-month performance and has increased by 3.68% in a year.
FNK fund flows account for ‪−22.61 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FNK invests in stocks. See more details in our Analysis section.
FNK expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FNK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FNK technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FNK shows the buy signal. See more of FNK technicals for a more comprehensive analysis.
Yes, FNK pays dividends to its holders with the dividend yield of 1.64%.
FNK trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FNK shares are issued by AJM Ventures LLC
FNK follows the NASDAQ AlphaDEX Mid Cap Value Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.