FABFirst Trust Multi Cap Value AlphaDEX Fund
FAB Fund Description
The First Trust Multi Cap Value AlphaDex Fund tracks an index that uses fundamental factors to select and weight value stocks from the S&P 1500 Value Index.
FAB Factset Analytics Insight
FAB aims to outperform the broad-based S&P Composite 1500 Value Index. Its index uses a quantitative methodology that selects and weights securities within the S&P Value Index using three value factors (P/B, ROA, and P/FCF). The idea is to produce an outperforming, value focused portfolio. The resulting portfolio exhibits a value bias relative to our value benchmark, carrying lower P/E and P/B ratios. Still, it has not generated additional yield, as FAB actually carries a lower dividend yield than our benchmark. FAB makes huge sector bets and carries a drastic small tilt, two distinctions that may make the fund a poor Fit for more conservative investors. This higher risk portfolio comes with a huge price tag.
Note: On April 8, 2016 the fund switched underlying indexes from the old “Defined” index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.
FAB MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 14, 2018 the First Trust Multi Cap Value AlphaDEX Fund MSCI ESG Fund Quality Score is 4.40 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FAB ranks in the 73th percentile within its peer group and in the 16th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
FAB CHARTS AND PERFORMANCE
FAB Top 10 Countries
FAB Top 10 Sectors
FAB Top 10 Holdings [View All]
FAB Summary Data
FAB Portfolio Data
FAB Index Data
FAB Portfolio Management
FAB Tax Exposures
FAB Fund Structure
FAB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FAB. FAB is rated a 5 out of 5.
FAB Sector/Industry Breakdown
FAB TOP 10 HOLDINGS[View All]
FAB Economic Development
FAB Performance Statistics
FAB MSCI ESG Ratings
FAB BENCHMARK COMPARISON SUMMARY
FAB BENCHMARK COMPARISON MARKET CAP SIZE