LALT ETF
First Trust Multi-Strategy Alternative ETF
LALT ETF Overview
LALT ETF (First Trust Multi-Strategy Alternative ETF) is managed by First Trust Portfolios (US) with $344.5M in net assets. LALT expense ratio is 1.18%, holding 16 positions across sectors including Financials. Inception date: 2023-01-31.
LALT performance shows a YTD return of 8.31%. The 1-year return is 16.33%. LALT dividend yield stands at 3.70%, paid quarterly.
LALT top holdings include First Trust Exchange-traded Fund Iii-first Trust Long/short Equity ETF (21.8%), First Trust Managed Futures Strategy Fund (21.4%), First Trust Alternative Absolute Return Strategy ETF (20.7%), First Trust Low Duration Opportunities ETF (10.3%), Franklin Liberty Systematic Style Premia ETF (9.5%). Go to all LALT holdings, LALT sectors, or LALT dividends.
LALT can be compared against other funds. Use LALT overlap to find shared positions, or LALT vs another fund for a side-by-side view. LALT alternatives are available via the screener, along with tax-loss harvesting opportunities.