First Trust Mid Cap Core AlphaDEX Fund (FNX)
Summary
FNX Chart
Should First Trust Mid Cap Core AlphaDEX ETF (FNX) Be on Your Investing Radar?
The First Trust Mid Cap Core AlphaDEX ETF (FNX) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Blend segment of the US equity market.
Is First Trust Mid Cap Core AlphaDEX ETF (FNX) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - Mid Cap Blend category of the market, the First Trust Mid Cap Core AlphaDEX ETF (FNX) is a smart beta exchange traded fund launched on 05/08/2007.
Is First Trust Mid Cap Core AlphaDEX ETF (FNX) a Strong ETF Right Now?
Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Mid Cap Core AlphaDEX ETF (FNX) provides investors broad exposure to the Style Box - Mid Cap Blend category of the market.
First Trust Mid Cap Core AlphaDEX Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 25,775 | $3.08M | $3.68M | $600,903.64 | 19.52% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 4,334 | $503,406.89 | $619,805.34 | $116,398.45 | 23.12% |
 John Ledford FWG Holdings LLC | 17,071 | $1.87M | $2.43M | $568,560.79 | 30.47% |
| SL Shad Lamm Keystone Wealth Services LLC | 8,124 | $1.04M | $1.16M | $119,138.46 | 11.44% |
 Kimberly Cappellano Private Wealth Asset Management LLC | 854 | $93,069 | $122,040.87 | $28,971.87 | 31.13% |
First Trust Mid Cap Core AlphaDEX Fund (FNX) FAQ
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Does it pay dividends? What is the current yield?
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Has First Trust Mid Cap Core AlphaDEX Fund ever had a stock split?
First Trust Mid Cap Core AlphaDEX Fund Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company in question appears to be an investment fund that emphasizes a data-driven approach to selecting stocks. It primarily focuses on securities from the NASDAQ US 600 Mid Cap Index™, aiming to outperform traditional benchmarks by using a proprietary selection methodology known as AlphaDEX®. This strategy seeks to invest in stocks that are believed to have the potential for positive alpha, which refers to the ability of a stock to generate returns in excess of a risk-free rate or its respective benchmarks after adjusting for risk. The fund commits to investing a significant portion of its assets, at least 90%, in securities that align with its strategic methodology, including the capacity for investment borrowings to achieve its financial objectives.
Products and Services
While the provided description primarily outlines the investment strategy and commitment of the fund, it alludes to a singular financial product centered around the AlphaDEX® selection methodology. This product is designed for investors looking to potentially enhance their portfolio returns through risk-adjusted stock selections from the mid-cap segment of the market. Here is a breakdown of the core product based on the description:
- AlphaDEX® Mid Cap Stock Selection Fund: This investment vehicle focuses on mid-cap stocks from the NASDAQ US 600 Mid Cap Index™. Utilizing the proprietary AlphaDEX® selection methodology, the fund aims at identifying stocks with the potential to generate positive alpha, or outperform, relative benchmarks on a risk-adjusted basis. It is tailored for investors aiming for higher returns through an analytical, data-driven approach to stock selection. The fund's strategy of investing at least 90% of its net assets underscores a strong commitment to its core investment thesis.
