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

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Key stats

Assets under management (AUM)
‪217.33 M‬USD
Fund flows (1Y)
‪−35.45 M‬USD
Dividend yield (indicated)
1.68%
Discount/Premium to NAV
0.7%

About First Trust Mid Cap Value AlphaDEX Fund

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.70%
Inception date
Apr 19, 2011
Index tracked
NASDAQ AlphaDEX Mid Cap Value Index
Management style
Passive
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.

Classification

Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Value
Strategy
Value
Weighting scheme
Tiered
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Energy Minerals
Stock breakdown by region
100%
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