LALT ETF

LALT ETF
$24.94
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Fund Essentials - as of Oct 2, 2026

Net Assets
$428M
Expense Ratio
1.18%
Dividend Yield (Current)
3.98%
Holdings
16
Inception Date
Jan 31, 2023
Fund Family
First Trust Portfolios (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Semi-Annually
SEC 30-Day Yield
PRO

Performance

YTD+8.07%
1 Year+12.88%
3 Year+6.42%

Asset Allocation

Cash: 0.12%
Other: 99.88%
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Top Holdings

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TickerNameWeight
FTLSFirst Trust Exchange-traded Fund Iii-first Trust Long/short Equity ETF21.59%
FAARFirst Trust Alternative Absolute Return Strategy ETF21.41%
FMFFirst Trust Managed Futures Strategy Fund21.37%
LMBSFirst Trust Low Duration Opportunities ETF10.50%
FLSPFranklin Liberty Systematic Style Premia ETF9.53%
Top 10 Concentration: 100.00%Report Date: Oct 2, 2026
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Dividend Summary

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Dividend Yield (Current)
3.98%
Frequency
Semi-Annually
Latest Distribution
$0.08
Sep 24, 2026
12M Distributions
4 payments
Total: $0.98

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

LALT ETF Overview

LALT ETF (First Trust Multi-Strategy Alternative ETF) is managed by First Trust Portfolios (US) with $427.6M in net assets. LALT expense ratio is 1.18%, holding 16 positions across sectors including Financials. Inception date: 2023-01-31.

LALT performance shows a YTD return of 8.07%. The 1-year return is 12.88%. LALT dividend yield stands at 3.98%, paid semi-annually.

LALT top holdings include First Trust Exchange-traded Fund Iii-first Trust Long/short Equity ETF (21.6%), First Trust Alternative Absolute Return Strategy ETF (21.4%), First Trust Managed Futures Strategy Fund (21.4%), First Trust Low Duration Opportunities ETF (10.5%), Franklin Liberty Systematic Style Premia ETF (9.5%). Go to all LALT holdings, LALT sectors, or LALT dividends.

LALT can be compared against other funds. Use LALT overlap to find shared positions, or LALT vs another fund for a side-by-side view. LALT alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
+1.19%
YTD
+8.07%
1 Year
+12.88%
3 Year
+6.42%

Top 10 Holdings (100.0% of portfolio)

#TickerNameSectorWeight
1FTLSFirst Trust Exchange-traded Fund Iii-first Trust Long/short Equity ETFUnknown21.59%
2FAARFirst Trust Alternative Absolute Return Strategy ETFUnknown21.41%
3FMFFirst Trust Managed Futures Strategy FundUnknown21.37%
4LMBSFirst Trust Low Duration Opportunities ETFUnknown10.50%
5FLSPFranklin Liberty Systematic Style Premia ETFUnknown9.53%
6FTGCFirst Trust Global TacticUnknown7.99%
7IEFIshares 7-10 Year Treasury Bond ETFFinancials7.49%
8-USDOther0.12%