First Trust Multi-Strategy Alternative ETF (LALT)

NYSEARCA: LALT · IEX Real-Time Price · USD
20.92
0.00 (0.00%)
Jul 15, 2024, 12:00 AM EDT - Market open
0.00%
Assets $8.36M
Expense Ratio 1.94%
PE Ratio 16.80
Shares Out 400,002
Dividend (ttm) $0.46
Dividend Yield 2.22%
Ex-Dividend Date Jun 27, 2024
Payout Ratio 37.35%
1-Year Return +4.59%
Volume 2,902
Open 20.92
Previous Close 20.92
Day's Range 20.90 - 20.96
52-Week Low 19.66
52-Week High 22.98
Beta 0.17
Holdings 9
Inception Date Jan 31, 2023

About LALT

Fund Home Page

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 issued by First Trust.

Asset Class Alternatives
Category Multialternative
Stock Exchange NYSEARCA
Ticker Symbol LALT
ETF Provider First Trust

Dividends

Ex-Dividend Amount Pay Date
Jun 27, 2024 $0.0752 Jun 28, 2024
Dec 22, 2023 $0.3891 Dec 29, 2023
Jun 27, 2023 $0.0924 Jun 30, 2023
Full Dividend History

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...

1 year ago - Business Wire