First Trust Alternative Opportunities Fund Class I (VFLEX)
| Fund Assets | n/a |
| Expense Ratio | 3.30% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.91 |
| Dividend Yield | 6.93% |
| Dividend Growth | -14.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 4, 2026 |
| Previous Close | n/a |
| YTD Return | 0.70% |
| 1-Year Return | 8.86% |
| 5-Year Return | n/a |
| 52-Week Low | 24.99 |
| 52-Week High | 27.53 |
| Beta (5Y) | n/a |
| Holdings | 690 |
| Inception Date | n/a |
About VFLEX
The First Trust Alternative Opportunities Fund is a closed-end interval mutual fund dedicated to providing investors with diversified exposure to alternative asset classes. Its primary function is to pursue long-term capital appreciation by generating positive absolute returns across different market cycles, with low correlation to traditional equity and fixed income indices. The fund accomplishes this through a multi-manager, multi-strategy approach, actively allocating holdings across areas such as private equity, private credit, real estate, hedged strategies, co-investments, and liquid alternatives. Notable features include a low minimum investment threshold and accessibility without net worth or accreditation requirements, enabling a wider range of investors to benefit from institutional-quality alternative investments that historically required higher barriers to entry. Distributions are paid monthly, predominantly from investment income, offering an income-focused profile alongside diversification benefits. The interval fund structure allows for daily pricing and quarterly liquidity, supporting investor access to traditionally less-liquid alternative assets while managing risk and operational complexity. The fund’s active management and flexible allocation strategy are designed to complement conventional portfolios, providing meaningful diversification and the potential for stable performance during varying market conditions.
Performance
VFLEX had a total return of 8.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.34%.
Top 10 Holdings
25.83% of assets| Name | Symbol | Weight |
|---|---|---|
| UMB MONEY MARKET II SPECIAL / | SMMFIDU | 3.78% |
| CIRE REAL ESTATE INVESTMENT TRUST, Inc. / | CREITFLX | 3.47% |
| OAK St REAL EST LP BLUE OWL NET LEASE / | OAKSTLP | 2.92% |
| Cliffwater Enhanced Lending Fund | CELFX | 2.92% |
| BAILARD REAL ESTATE LP / | BAILARD | 2.64% |
| Glenmede Secured Options Portfolio Institutional Class | GLSOX | 2.59% |
| WALLEYE OPPORTUNITIE LP / | WALLEYE | 1.93% |
| POMONA INVESTMENT FD / | POMONALP | 1.88% |
| INVESCO REAL ESTATE INCOME TRUST, Inc. / | INCOREI2 | 1.87% |
| TCW DIRECT LENING VIII LLC / | TCWDL8AO | 1.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 4, 2026 | $0.16123 | Feb 4, 2026 |
| Dec 12, 2025 | $0.16042 | Dec 12, 2025 |
| Dec 3, 2025 | $0.16094 | Dec 3, 2025 |
| Nov 5, 2025 | $0.15948 | Nov 5, 2025 |
| Oct 1, 2025 | $0.15937 | Oct 1, 2025 |
| Sep 3, 2025 | $0.15954 | Sep 3, 2025 |