First Trust Brazil AlphaDEX Fund (FBZ)
| Assets | $5.06M |
| Expense Ratio | 0.80% |
| PE Ratio | 8.47 |
| Shares Out | 550,002 |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 4.74% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 40.16% |
| 1-Year Return | -26.08% |
| Volume | 232 |
| Open | 8.99 |
| Previous Close | 9.03 |
| Day's Range | 8.99 - 8.99 |
| 52-Week Low | 8.97 |
| 52-Week High | 12.30 |
| Beta | 1.28 |
| Holdings | 53 |
| Inception Date | Apr 18, 2011 |
About FBZ
Fund Home PageThe 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.
Top 10 Holdings
37.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Embraer S.A. | EMBR3 | 5.30% |
| Marfrig Global Foods S.A. | MRFG3 | 4.64% |
| JBS S.A. | JBSS3 | 3.93% |
| Companhia Energética de Minas Gerais - CEMIG | CMIG4 | 3.81% |
| Gerdau S.A. | GGBR4 | 3.47% |
| Metalurgica Gerdau S.A. | GOAU4 | 3.38% |
| Porto Seguro S.A. | PSSA3 | 3.23% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 3.20% |
| BRF S.A. | BRFS3 | 3.06% |
| Nu Holdings Ltd. | NU | 3.03% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.134 | n/a |
| Sep 26, 2024 | $0.136 | Sep 30, 2024 |
| Jun 27, 2024 | $0.098 | Jun 28, 2024 |
| Mar 21, 2024 | $0.060 | Mar 28, 2024 |
| Sep 22, 2023 | $0.094 | Sep 29, 2023 |
| Jun 27, 2023 | $0.344 | Jun 30, 2023 |
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.
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...
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...
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.
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...
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...
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 ...
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...
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.
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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 ...
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...
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...
