FAAR - First Trust Alternative Absolute Return Strategy ETF
| Assets | $89.03M |
| NAV | $29.19 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Beta (5Y) | 0.13 |
| Dividend (ttm) | $0.83 |
| Dividend Yield | 2.84% |
| Ex-Dividend Date | Dec 24, 2020 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $29.11 |
| Previous Close | $29.19 |
| Change ($) | -0.09 |
| Change (%) | -0.29% |
| Day's Open | 29.44 |
| Day's Range | 28.98 - 29.44 |
| Day's Volume | 4,527 |
| 52-Week Range | 24.06 - 29.81 |
Fund Description
The investment seeks to provide investors with long-term total return. The fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts (Commodity Futures) through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the Subsidiary). It will not invest directly in Commodity Futures. The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor. It is non-diversified.
| Asset Class Commodity | Sector Large Cap |
| Region North America | Inception Date May 18, 2016 |
| Exchange NASDAQ | Ticker Symbol FAAR |
| Index Tracked db Liquid Commodity Index | |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2021 | $0.00 | Mar 31, 2021 |
| Dec 24, 2020 | $0.8214 | Dec 31, 2020 |
| Jun 25, 2020 | $0.009 | Jun 30, 2020 |
| Dec 13, 2019 | $0.2647 | Dec 31, 2019 |
| Dec 18, 2018 | $0.1407 | Dec 31, 2018 |
| Sep 14, 2018 | $0.00 | Sep 28, 2018 |
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