FNK

First Trust Mid Cap Value AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FNK Fund Description

FNK tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme.

FNK Factset Analytics Insight

FNK offers an alternative take on US mid-cap value stocks. Its quant-based methodology attempts to outperform the space by selecting stocks from its base index — NASDAQ US 600 Mid Cap Index and screens it for value factors. The resulting underlying index portfolio includes 225 stocks with value factors such as price/book value, price/cash flow and return on assets. The stocks are further divided equally into quintiles after the value screens, overweighting the highest scoring securities. The index is reconstituted and rebalanced quarterly. Prior to April 8, 2016, the Fund’s tracked the Defined Mid Cap Value Index, the universe may differ slightly but the factors and methodology are the same.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNK 7.90% -1.79% -4.96% 0.85% 12.37% 7.66% 10.06%
FNK (NAV) 7.87% -1.87% -4.96% 0.64% 12.36% 7.59% 10.08%
NASDAQ AlphaDEX Mid Cap Value Index 7.95% -1.70% -4.55% 1.38% 13.21% 8.40% --
MSCI USA Mid Cap Value Index 6.00% -4.75% -11.54% -5.46% 8.47% 7.12% 11.54%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNK Summary Data

First Trust
04/19/11
Open-Ended Fund
0.70%
$219.45M
$2.24M
0.14%

FNK Portfolio Data

$6.78B
8.60
1.50
1.56%
N/A
222

FNK Index Data

Tiered
Multi-Factor
MSCI USA Mid Cap Value Index

FNK Portfolio Management

0.70%
-0.92%
-0.63%
-1.36%

FNK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNK Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

FNK Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FNK. FNK is rated a 5 out of 5.

FNK Tradability

53,400
$2.24M
28,102
$1.23M
0.14%
$0.06
0.00%
0.64% / -2.29%
None
94.00%
50,000
0.56
0.02%
0.03%
0
$44.45
5

FNK Sector/Industry Breakdown


FNK
Segment Benchmark
30.95%
--
8.70%
--
7.28%
--
6.44%
--
5.87%
--
5.43%
--
5.24%
--
4.64%
--
4.23%
--
3.99%
--

FNK Countries


FNK
Segment Benchmark
100.00%
100.00%

FNK Regions


FNK
Segment Benchmark
100.00%
100.00%

FNK Economic Development


FNK
Segment Benchmark
100.00%
100.00%

FNK Performance Statistics

0.93
1.08
1.10
1.06
0.35%
MSCI USA Mid Cap Value Index

FNK Benchmark Comparison Holdings

222
229
39
10.26%

FNK Benchmark Comparison Summary


FNK
Segment Benchmark
222
229
$6.78B
$19.39B
8.60
15.66
1.50
2.28
2.14%
2.01%
Low
Low

FNK Benchmark Comparison Market Cap Size


FNK
Segment Benchmark
2.75%
78.00%
96.68%
22.00%
0.56%
0.00%
0.00%
0.00%