Key stats
About First Trust Large Cap Core AlphaDEX Fund
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Inception date
May 8, 2007
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FEX aims to outperform the broader large-cap space using an intricate methodology. It classifies securities as either growth, value, or both. Then, it scores and ranks them according to their performance with regard to that classification. After selecting the top 375 stocks based on their score, it divides these stocks into quintiles. To build its portfolio, it equal-weights the stocks within each quintile, but weights the fund overall toward the top-ranked quintiles. In the past, FEX tracked the S&P Defined Large-Cap Core Index, though it changed to the NASDAQ AlphaDEX Large-Cap Core Index in April 2016.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.93%
Finance20.25%
Technology Services10.85%
Electronic Technology8.74%
Utilities8.04%
Retail Trade6.93%
Consumer Services5.26%
Energy Minerals5.26%
Process Industries4.90%
Health Technology4.59%
Consumer Non-Durables3.66%
Producer Manufacturing3.63%
Consumer Durables3.60%
Transportation3.25%
Industrial Services3.01%
Health Services2.47%
Non-Energy Minerals1.67%
Commercial Services1.61%
Communications1.07%
Distribution Services0.78%
Miscellaneous0.39%
Bonds, Cash & Other0.07%
Mutual fund0.07%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history