FAB
First Trust Multi Cap Value AlphaDEX FundFAB Fund Description
FAB 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
First Trust Multi Cap Value AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.42 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Multi Cap Value AlphaDEX Fund ranks in the 27th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FAB MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FAB Charts And Performance
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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 Tradability
FAB Sector/Industry Breakdown
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FAB Top 10 Holdings[View All]
FAB Countries
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FAB Regions
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FAB Economic Development
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FAB Performance Statistics
FAB MSCI ESG Ratings
FAB Benchmark Comparison Summary
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FAB Benchmark Comparison Market Cap Size
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Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.