First Trust Hedged Strategies I (HFLEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

12.64

-0.02 (-0.16%)

Aug 26, 2026, 9:30 AM EST

7.39% (1Y)

Fund Assets	n/a
Expense Ratio	9.30%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.35
Dividend Yield	2.73%
Dividend Growth	87.10%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	12.66
YTD Return	5.42%
1-Year Return	10.51%
5-Year Return	n/a
52-Week Low	11.79
52-Week High	12.80
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About HFLEX

The First Trust Hedged Strategies Fund is a closed-end interval investment fund specializing in alternative strategies through a fund-of-hedge funds approach. Its primary purpose is to provide accredited investors with long-term capital appreciation by allocating capital across a select group of 12 to 15 hedge fund managers employing diverse strategies, including multi-strategy, long/short equity, credit, arbitrage/relative value, and event-driven mandates. The fund is distinct for offering direct institutional hedge fund exposure via a single, click-to-buy vehicle with consolidated 1099 tax reporting and a minimum investment of $25,000. Unlike traditional mutual funds, it seeks to deliver returns that outperform the HFRX Global Hedge Fund Index, with the aim of maintaining lower volatility and reduced correlation (beta) to both major stock and bond indices. HFLEX’s portfolio construction intentionally avoids over-diversification, focusing on high-conviction allocations to specialist managers. This structure offers an accessible means for investors to diversify their portfolios with core hedge fund strategies, serving as a differentiated tool for alternative allocation within the broader financial market landscape.

Stock Exchange NASDAQ

Ticker Symbol HFLEX

Performance

HFLEX had a total return of 10.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.96%.

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.34813	Dec 30, 2025
Dec 13, 2024	$0.18607	Dec 13, 2024
Dec 8, 2023	$0.18005	Dec 8, 2023

Full Dividend History