First Trust Brazil AlphaDEX Fund (FBZ)

NASDAQ: FBZ · Real-Time Price · USD
10.74
-0.04 (-0.37%)
Oct 31, 2024, 4:00 PM EDT - Market closed
9.26%
Assets $6.01M
Expense Ratio 0.80%
PE Ratio 6.82
Shares Out 550,002
Dividend (ttm) $0.29
Dividend Yield 2.73%
Ex-Dividend Date Sep 26, 2024
Payout Ratio 18.85%
1-Year Return +9.66%
Volume 12
Open 10.74
Previous Close 10.78
Day's Range 10.74 - 10.74
52-Week Low 10.13
52-Week High 12.33
Beta 1.31
Holdings 52
Inception Date Apr 18, 2011

About FBZ

Fund Home Page

The First Trust Brazil AlphaDEX Fund (FBZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index weighted in tiers and selected using growth and value factors. FBZ was launched on Apr 18, 2011 and is issued by First Trust.

Asset Class Equity
Category Latin America Stock
Region Global
Stock Exchange NASDAQ
Ticker Symbol FBZ
ETF Provider First Trust
Index Tracked NASDAQ AlphaDEX Brazil Net Total Return Index

Top 10 Holdings

35.70% of assets
Name Symbol Weight
Embraer S.A. EMBR3 4.24%
Nu Holdings Ltd. NU 3.87%
Marfrig Global Foods S.A. MRFG3 3.74%
Lojas Renner S.A. LREN3 3.72%
Companhia Energética de Minas Gerais - CEMIG CMIG4 3.58%
JBS S.A. JBSS3 3.50%
Inter & Co, Inc. INTR 3.46%
Vibra Energia S.A. VBBR3 3.35%
Porto Seguro S.A. PSSA3 3.13%
Gerdau S.A. GGBR4 3.12%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 26, 2024 $0.136 Sep 30, 2024
Jun 27, 2024 $0.0981 Jun 28, 2024
Mar 21, 2024 $0.0599 Mar 28, 2024
Sep 22, 2023 $0.094 Sep 29, 2023
Jun 27, 2023 $0.344 Jun 30, 2023
Mar 24, 2023 $0.609 Mar 31, 2023
Full Dividend History

News

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

8 months ago - Seeking Alpha

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...

9 months ago - Seeking Alpha

Uneven Impact Of High Interest Rates: Brazil Manufacturing Struggles While Service Thrives

The Brazilian economy avoided entering a technical recession in the opening quarter of 2023, with a growth rate of 1.9% largely beating market expectations. PMI data up to May so far point to sustaine...

Other symbols: BRFBRZUBZQEWZEWZSFLBR
1 year ago - Seeking Alpha

Brazil's Inflation Falls And There May Be Room For Easing Monetary Policy This Year

Annual inflation in Brazil reached 4.7% in March, the lowest since January 2021, as the impact of external shocks continues to vanish. Brazil's inflationary environment remains under pressure.

Other symbols: BRFBRZUBZQEWZEWZSFLBR
1 year ago - Seeking Alpha

Brazil Beckons With Low Valuations And Growth Potential

In the fog of domestic political and fiscal uncertainty, investors may still find Brazil equities poised to benefit from structural growth trends within their industries. We believe the tide is turnin...

Other symbols: BRFBRZUBZQEWZEWZSFLBR
1 year ago - Seeking Alpha

Investment Opportunities In Latin America

The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...

1 year ago - Seeking Alpha

Water Scarcity In Latin America: Operational Challenges

Water scarcity in Latin America is likely to intensify supply chain and operational disruptions, regulatory risks, and economic losses for businesses during the next five years. In Brazil, hydropower ...

2 years ago - Seeking Alpha

Peak Inflation May Hint At Peak Rates In Emerging Markets

Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Ban...

2 years ago - Seeking Alpha

Lula Returns To Helm Of World's 12th Largest Economy: 'Brazil Is Back'

Lula claims third term as president, narrowly defeating incumbent Jair Bolsonaro. Political divides remain deep, but the government appears balanced by a newly elected pro-market Congress.

Other symbols: BRFBRZUBZQEWZEWZSFLBR
2 years ago - Seeking Alpha

Brazil: Setting The Stage For A Brighter Future?

Brazil's newly elected president, Luiz Inácio Lula da Silva will have to walk a narrow path of expenditures given the budget constraints.

2 years ago - Seeking Alpha

Brazil's First-Round Election Results Increase Risk Of Gridlock In Congress, Posing Hurdles To Fiscal Consolidation

The first-round outcome is likely to buoy Bolsonaro, whose showing was better than polling had indicated. Lula has not specified how he would reduce Brazil's large current structural fiscal deficit or...

Other symbols: BRFBRZUBZQEWZEWZSFLBR
2 years ago - Seeking Alpha

In Brazil, Lula Faces A Difficult Fiscal Outlook

Luiz Inácio Lula da Silva won the first-round against incumbent Jair Bolsonaro's - neither candidate captured more than 50% of the vote, so there will be a runoff on October 30. Bolsonaro has improved...

Other symbols: BRFBRZUBZQEWZEWZSFLBR
2 years ago - Seeking Alpha

Brazil Elections: Brace For Volatility But Look For Opportunities

Brazilians remain polarized following this past weekend's inconclusive presidential election. While many analysts expect Lula to maintain the surprisingly narrow lead he garnered for the upcoming runo...

Other symbols: BRFBRZUBZQEWZEWZSFLBR
2 years ago - Seeking Alpha

Shifting Global Winds Pose Challenges To Latin America

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing ...

2 years ago - Seeking Alpha

Supply Chains Disruptions In Latin America

The main disruption for Latin American traders comes from increased shipping costs and long delays to products arriving at their destinations. Latin American exporters of fruit, meat, and other perish...

2 years ago - Seeking Alpha

Emerging Risks In Latin America In 2022

Latin America will start 2022 in a very fragile position given the economic fallout from the Coronavirus disease 2019 (COVID-19) pandemic, a deteriorated fiscal position, weak FDI, and the erosion of ...

3 years ago - Seeking Alpha

Central Banks In Latin America's Largest Economies Grapple With Raging Inflation

The Central Bank of Brazil has embarked on a series of shock-and-awe rate hikes in order to not fall further behind. Following its last meeting, Banxico said again that it expected inflation to be tra...

3 years ago - Seeking Alpha

Could The U.S. And China Spoil Latin America's Rebound?

Vaccination campaigns and fiscal support have sparked an economic rebound since the second half of last year, despite an apparent loss of momentum in the third quarter of this year. Even up to this po...

3 years ago - Seeking Alpha

Brazil: Back To The Bad Days?

Brazilian assets have underperformed since the end of the second quarter, with weakness across all asset classes: FX, credit and rates. In credit, Brazil has widened a bit more than comparable stable ...

3 years ago - Seeking Alpha

How To Heal The Brazilian Economy

The Brazilian economy has been suffering from a double disease in the last few decades: a combination of anemia in productivity increases and an obesity of the public sector. On the one hand, the medi...

Other symbols: BRZUBZQEWZFLBRUBR
3 years ago - Seeking Alpha

What Can Brazil Expect From Joining The OECD

Considering the evidence that institutions are behind a large share of long-term increases in welfare standards, the benefits of OECD membership are high. Among the studied benefits are increases in t...

3 years ago - Seeking Alpha

Brazil At A Post-Pandemic Macroeconomic Crossroads

Apart from the dramatic health implications, COVID-19 will also scar the Brazilian economy, including through a jump in its already high public-sector debt-to-GDP ratio in 2020. We depict different sc...

Other symbols: BRZUBZQEWZFLBRUBR
4 years ago - Seeking Alpha

Brazil: How Is South America's Biggest Economy Poised To Behave

Unlike other central banks around the world such as the U.S. Federal Reserve, Brazil's Central Bank has just one responsibility: to keep inflation low.

Other symbols: BRZUBZQEWZFLBRUBR
4 years ago - Seeking Alpha

When To Call Time On Brazil And South Africa

Countries around the world have responded to the economic downturn by implementing fiscal stimulus.

Other symbols: BRZUBZQEWZEZAFLBRUBR
4 years ago - Seeking Alpha

Brazil Is Positioning For A Turnaround

The coronavirus impact looks to be ebbing, and the Brazilian government has been generous with demand-side stimulus measures.

Other symbols: BRZUBZQEWZFLBRUBR
4 years ago - Seeking Alpha