First Trust Mid Cap Value Fund (FNK)
NASDAQ (NMS) NASDAQ (NMS) Primary 
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FNK Chart
Should First Trust Mid Cap Value AlphaDEX ETF (FNK) Be on Your Investing Radar?
Looking for broad exposure to the Mid Cap Value segment of the US equity market? You should consider the First Trust Mid Cap Value AlphaDEX ETF (FNK), a passively managed exchange traded fund launched on April 19, 2011.
Is First Trust Mid Cap Value AlphaDEX ETF (FNK) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - Mid Cap Value category of the market, the First Trust Mid Cap Value AlphaDEX ETF (FNK) is a smart beta exchange traded fund launched on 04/19/2011.
Should First Trust Mid Cap Value AlphaDEX ETF (FNK) Be on Your Investing Radar?
Launched on April 19, 2011, the First Trust Mid Cap Value AlphaDEX ETF (FNK) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Value segment of the US equity market.
First Trust Mid Cap Value Fund (FNK) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust Mid Cap Value Fund ever had a stock split?
First Trust Mid Cap Value Fund Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is designed as an investment vehicle that primarily targets securities within the NASDAQ US 600 Mid Cap Index™, employing a strategic focus on selecting value stocks that have the potential to produce positive alpha or risk-adjusted returns. This objective is pursued through the implementation of the AlphaDEX® selection methodology. By committing to invest at least 90% of its net assets, including investments on borrowings, in the constituents of the index, the fund aims to mirror the performance characteristics of its benchmark while striving for additional returns through its distinctive stock selection process.
Products and Services
The fund's offerings are focused on investment in value stocks from the NASDAQ US 600 Mid Cap Index through a specific selection methodology:
- Value Stock Investments: Targeting stocks that are considered undervalued according to the fund’s analysis, aiming to capitalize on the potential for these stocks to provide higher returns as they move towards their intrinsic value.
- AlphaDEX® Selection Methodology: Utilizing an innovative selection process to identify stocks that may outperform, or generate positive alpha, against traditional market indices. This method is a key differentiator, enabling the fund to seek higher risk-adjusted returns for investors.
