First Trust Managed Futures Strategy Fund (FMF)

Assets	$196.70M
Expense Ratio	0.95%
PE Ratio	n/a
Shares Out	4.05M
Dividend (ttm)	$2.14
Dividend Yield	4.41%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	182,566
Open	48.70
Previous Close	48.81
Day's Range	48.31 - 49.87
52-Week Low	44.08
52-Week High	50.23
Beta	-0.05
Holdings	10
Inception Date	Aug 1, 2013

About FMF

Fund Home Page

The First Trust Managed Futures Strategy Fund (FMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund seeks positive returns uncorrelated with major asset classes. The actively managed fund uses futures in commodity (50%), currency (25%) and equity (25%) indexes. FMF was launched on Aug 1, 2013 and is issued by First Trust.

• Asset Class: Alternatives
• Category: Systematic Trend
• Stock Exchange: NYSEARCA
• Ticker Symbol: FMF
• ETF Provider: First Trust

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
Ft Morningstar Fut Strat Cay 659025	n/a	17.94%
United States Treasury Notes 0.75%	T.0.75 03.31.26	15.65%
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	MISXX	12.38%
Dreyfus Govt Cm Inst 289	n/a	12.38%
United States Treasury Notes 0.375%	T.0.375 11.30.25	10.71%
United States Treasury Bills 0%	n/a	10.15%
United States Treasury Bills 0%	B.0 12.11.25	7.64%
United States Treasury Bills 0%	B.0 02.12.26	5.56%
United States Treasury Bills 0%	B.0 11.20.25	4.08%
United States Treasury Notes 0.875%	T.0.875 06.30.26	3.51%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 25, 2025	$0.2703	Sep 30, 2025
Jun 26, 2025	$0.2834	Jun 30, 2025
Mar 27, 2025	$0.2428	Mar 31, 2025
Dec 17, 2024	$1.3394	Dec 31, 2024
Sep 26, 2024	$0.2283	Sep 30, 2024
Jun 27, 2024	$0.3909	Jun 28, 2024

Performance

FMF had a total return of 5.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.29%.