First Trust Managed Futures Strategy Fund (FMF)

Assets	$186.70M
Expense Ratio	0.95%
PE Ratio	n/a
Shares Out	3.85M
Dividend (ttm)	$2.14
Dividend Yield	4.38%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	22,643
Open	48.82
Previous Close	48.56
Day's Range	48.34 - 48.82
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	19.05%
United States Treasury Notes 0.75%	T.0.75 03.31.26	16.42%
United States Treasury Notes 0.375%	T.0.375 11.30.25	11.23%
United States Treasury Bills 0%	B.0 11.06.25	10.72%
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	MISXX	10.37%
Dreyfus Govt Cm Inst 289	n/a	10.37%
United States Treasury Bills 0%	B.0 11.04.25	8.04%
United States Treasury Bills 0%	B.0 02.12.26	5.84%
United States Treasury Bills 0%	B.0 11.20.25	4.28%
United States Treasury Notes 0.875%	T.0.875 06.30.26	3.68%

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 7.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.32%.