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First Trust Large Cap Growth AlphaDEX® Fund (FTC)
Investment Objective/Strategy - The First Trust Large Cap Growth AlphaDEX® Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the NASDAQ AlphaDEX® Large Cap Growth Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The NASDAQ AlphaDEX® Large Cap Growth Index is an "enhanced" index created and administered by Nasdaq, Inc. ("Nasdaq") which employs the AlphaDEX® stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Growth Index that meet certain criteria.
  • Nasdaq constructs the NASDAQ AlphaDEX® Large Cap Growth Index by ranking the eligible stocks from the NASDAQ US 500 Large Cap Growth Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.
  • Each stock receives either its growth or value score as its selection score based on its style designation as determined by Nasdaq. Only those stocks designated as growth stocks are eligible for the portfolio.
  • The top 187 stocks based on the selection score determined in the previous step comprise the "selected stocks". The selected stocks are divided into quintiles based on their rankings and the top ranked quintiles receive a higher weight within the index. The stocks are equally-weighted within each quintile.
  • The index is reconstituted and rebalanced quarterly.
Fund Overview
TickerFTC
Fund TypeLarge Cap Growth
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon
CUSIP33735K108
ISINUS33735K1088
Intraday NAVFTCIV
Fiscal Year-End07/31
ExchangeNasdaq
Inception5/8/2007
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.60%
Net Expense Ratio*0.60%
* As of 12/1/2020
Expenses are capped contractually at 0.70% per year, at least until November 30, 2021.
Current Fund Data (as of 6/22/2021)
Closing NAV1$107.23
Closing Market Price2$107.33
Bid/Ask Midpoint$107.22
Bid/Ask Discount0.01%
30-Day Median Bid/Ask Spread30.06%
Total Net Assets$1,163,466,707
Outstanding Shares10,850,002
Daily Volume35,627
Average 30-Day Daily Volume46,068
Closing Market Price 52-Week High/Low$107.33 / $74.90
Closing NAV 52-Week High/Low$107.23 / $74.79
Number of Holdings (excluding cash)186
Top Holdings (as of 6/22/2021)*
Holding Percent
Moderna, Inc. 1.40%
Fortinet, Inc. 1.09%
HubSpot, Inc. 1.07%
Charles River Laboratories International, Inc. 1.04%
Generac Holdings Inc. 1.01%
Nasdaq, Inc. 1.01%
Cheniere Energy, Inc. 1.00%
Snap Inc. (Class A) 1.00%
Caesars Entertainment Inc. 0.99%
Cloudflare, Inc. (Class A) 0.97%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 5/28/2021)4
Maximum Market Cap.$2,079,446
Median Market Cap.$35,377
Minimum Market Cap.$10,611
Price/Earnings32.79
Price/Book8.16
Price/Cash Flow24.73
Price/Sales5.09
Bid/Ask Premium/Discount (as of 6/22/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 79 9 15 ---
Days Traded at Discount 174 52 42 ---
Top Sector Exposure (as of 6/22/2021)
Information Technology 36.90%
Health Care 19.81%
Consumer Discretionary 14.84%
Industrials 7.59%
Financials 7.05%
Communication Services 6.89%
Consumer Staples 2.83%
Energy 1.94%
Materials 1.40%
Real Estate 0.75%
Hypothetical Growth of $10,000 Since Inception (as of 6/22/2021) *


Month End Performance (as of 5/28/2021)