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NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

First Trust Alternative Absolute Return Strategy ETF logo
$27.73 +0.02 (+0.07%)
(As of 11/15/2024 ET)

About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Key Stats

Today's Range
$27.61
$27.79
50-Day Range
$27.44
$28.33
52-Week Range
$27.10
$29.44
Volume
17,840 shs
Average Volume
34,297 shs
Market Capitalization
$98.44 million
Assets Under Management
$98.09 million
Dividend Yield
3.21%
Net Expense Ratio
1.01%
Aggregate Rating
N/A

ETF Overview

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.

First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.82%0.69%0.49%0.52%
Other Expenses0.06%1.73%0.37%0.41%0.53%
Total Expense1.01%2.02%0.86%0.63%0.71%
Fee Waiver0.00%-2.36%-0.73%-0.33%-0.57%
Net Expense1.01%1.02%0.66%0.56%0.59%
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FAAR ETF News Headlines

I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
DFAT: A Good Option For Value Investors
See More Headlines

FAAR ETF - Frequently Asked Questions

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 at the start of the year. Since then, FAAR shares have increased by 1.4% and is now trading at $27.73.
View the best growth stocks for 2024 here
.

First Trust Alternative Absolute Return Strategy ETF's top institutional shareholders include Captrust Financial Advisors (4.10%), Assetmark Inc. (3.26%), Stifel Financial Corp (1.61%) and Orion Portfolio Solutions LLC (1.17%).

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Alternative Absolute Return Strategy ETF investors own include Ford Motor (F), Accenture (ACN), Bank of America (BAC), Blink Charging (BLNK), First Horizon (FHN), JPMorgan Chase & Co. (JPM) and SPDR S&P Regional Banking ETF (KRE).

Fund Details

Issuer
First Trust
Fund Name
First Trust Alternative Absolute Return Strategy ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FAAR
Inception Date
5/18/2016
Fund Manager
John Gambla, Rob Guttschow
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Absolute Returns
Focus
Long/Short
Development Level
Blended Development
Region
Global
Number of Holdings
8

Fund Statistics

Assets Under Management
$98.09 million
Average Daily Volume
$40,408.50
Discount/Premium
0.08%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
5,000 shs

Miscellaneous

Beta
0.10
Creation Unit
50,000
Creation Fee
$500.00
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Top 9 FAAR Holdings

  • First Eagle Alternative Capital BDC Inc
    Holding Weight: 20.96%
  • United States Treasury Notes 0.375%
    Holding Weight: 19.90%
  • United States Treasury Notes 0.75%
    Holding Weight: 13.19%
  • United States Treasury Notes 0.25%
    Holding Weight: 10.83%
  • United States Treasury Notes 1%
    Holding Weight: 10.33%
  • United States Treasury Notes 0.5%
    Holding Weight: 10.21%
  • United States Treasury Notes 0.25%
    Holding Weight: 10.09%
  • Dreyfus Govt Cm Inst 289
    Holding Weight: 2.25%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 2.25%

This page (NASDAQ:FAAR) was last updated on 11/17/2024 by MarketBeat.com Staff
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