First Trust Multi-Strategy Alternative ETF (LALT)
| Assets | $20.47M |
| Expense Ratio | 1.94% |
| PE Ratio | n/a |
| Shares Out | 950,002 |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 2.31% |
| Ex-Dividend Date | Jun 26, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 3,125 |
| Open | 21.49 |
| Previous Close | 21.55 |
| Day's Range | 21.45 - 21.49 |
| 52-Week Low | 19.96 |
| 52-Week High | 21.89 |
| Beta | 0.17 |
| Holdings | 9 |
| Inception Date | Jan 31, 2023 |
About LALT
Fund Home PageThe First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that utilizes multiple alternative strategies in an attempt to provide lower correlation and more diversified risk exposures than traditional investments over various market cycles. LALT was launched on Jan 31, 2023 and is issued by First Trust.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.0817 | Jun 30, 2025 |
| Mar 27, 2025 | $0.0577 | Mar 31, 2025 |
| Dec 13, 2024 | $0.3573 | Dec 31, 2024 |
| Jun 27, 2024 | $0.0752 | Jun 28, 2024 |
| Dec 22, 2023 | $0.3891 | Dec 29, 2023 |
| Jun 27, 2023 | $0.0924 | Jun 30, 2023 |
Performance
LALT had a total return of 5.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.99%.
News
First Trust Launches First Trust Multi-Strategy Alternative ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively mana...