First Trust Mid Cap Value AlphaDEX Fund (FNK)

NASDAQ: FNK · Real-Time Price · USD
53.18
-0.63 (-1.18%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.18%
Assets $218.81M
Expense Ratio 0.70%
PE Ratio 11.04
Shares Out 4.05M
Dividend (ttm) $0.93
Dividend Yield 1.73%
Ex-Dividend Date Sep 26, 2024
Payout Ratio 19.10%
1-Year Return +26.61%
Volume 2,367
Open 53.80
Previous Close 53.81
Day's Range 53.18 - 53.80
52-Week Low 42.85
52-Week High 56.14
Beta 1.27
Holdings 227
Inception Date Apr 18, 2011

About FNK

Fund Home Page

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is issued by First Trust.

Asset Class Equity
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol FNK
ETF Provider First Trust
Index Tracked NASDAQ AlphaDEX Mid Cap Value Index

Top 10 Holdings

7.98% of assets
Name Symbol Weight
Jackson Financial Inc. JXN 0.84%
Affiliated Managers Group, Inc. AMG 0.82%
Helmerich & Payne, Inc. HP 0.82%
CNX Resources Corporation CNX 0.80%
Oshkosh Corporation OSK 0.80%
Assured Guaranty Ltd. AGO 0.80%
SM Energy Company SM 0.78%
Expand Energy Corp Ordinary Shares - New CHK 0.78%
Terex Corporation TEX 0.77%
Atkore Inc. ATKR 0.76%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 26, 2024 $0.2554 Sep 30, 2024
Jun 27, 2024 $0.212 Jun 28, 2024
Mar 21, 2024 $0.1139 Mar 28, 2024
Dec 22, 2023 $0.3492 Dec 29, 2023
Sep 22, 2023 $0.212 Sep 29, 2023
Jun 27, 2023 $0.1833 Jun 30, 2023
Full Dividend History

News

FNK: Should You Buy This Mid-Cap ETF With An 11x Forward P/E?

FNK has an attractive 10.94x forward P/E that is the lowest among all mid-cap value ETFs. The fund has $224 million in assets under management and a 0.70% expense ratio. While excellent on value, FNK ...

2 months ago - Seeking Alpha