First Trust Alternative Absolute Return Strategy ETF (FAAR)

Assets	$140.48M
Expense Ratio	0.97%
PE Ratio	n/a
Shares Out	4.65M
Dividend (ttm)	$0.83
Dividend Yield	2.77%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	28,175
Open	30.03
Previous Close	29.96
Day's Range	30.03 - 30.18
52-Week Low	25.19
52-Week High	32.19
Beta	0.07
Holdings	10
Inception Date	May 18, 2016

About FAAR

Fund Home Page

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that, through a subsidiary, provides broad long/short exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is issued by First Trust.

• Asset Class: Alternatives
• Category: Commodities Broad Basket
• Stock Exchange: NASDAQ
• Ticker Symbol: FAAR
• ETF Provider: First Trust

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
United States Treasury Notes 0.375%	T.0.375 11.30.25	21.20%
First Eagle Alternative Capital BDC Inc	n/a	19.75%
United States Treasury Notes 0.75%	T.0.75 03.31.26	14.00%
United States Treasury Bills 0%	B.0 11.04.25	13.28%
United States Treasury Bills 0%	B.0 02.12.26	10.52%
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	MISXX	6.63%
Dreyfus Govt Cm Inst 289	n/a	6.63%
United States Treasury Bills 0%	B.0 11.20.25	4.42%
United States Treasury Bills 0%	B.0 11.06.25	3.54%
Cash	n/a	0.04%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 25, 2025	$0.1759	Sep 30, 2025
Jun 26, 2025	$0.1753	Jun 30, 2025
Mar 27, 2025	$0.1533	Mar 31, 2025
Dec 17, 2024	$0.3264	Dec 31, 2024
Sep 26, 2024	$0.201	Sep 30, 2024
Jun 27, 2024	$0.2352	Jun 28, 2024

Performance

FAAR had a total return of 10.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.