First Trust Multi-Strategy Alternative ETF (LALT)

NYSEARCA: LALT · IEX Real-Time Price · USD
19.77
+0.02 (0.11%)
Mar 20, 2023, 4:00 PM EDT - Market closed
Assets $984.90K
Expense Ratio 0.98%
PE Ratio n/a
Shares Out 50,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 11
Open n/a
Previous Close 19.75
Day's Range 19.71 - 19.78
52-Week Low 19.71
52-Week High 20.02
Beta n/a
Holdings n/a
Inception Date Jan 31, 2023

About LALT

The 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 managed by First Trust.

Asset Class Alternativess
Category Multialternative
Stock Exchange NYSEARCA
Ticker Symbol LALT

News

First Trust Launches Multi-Strategy Alternative ETF

First Trust Advisors announced that it has launched the First Trust Multi-Strategy Alternative ETF (NYSE Arca: LALT), an actively managed ETF that seeks to provide long-term total return. The fund wil...

1 month ago - ETF Trends

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...

1 month ago - Business Wire