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NASDAQ:FAAR

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

$28.30
+0.17 (+0.60%)
(As of 09/6/2024 ET)
Today's Range
$28.22
$28.33
50-Day Range
$28.05
$28.78
52-Week Range
$27.10
$30.00
Volume
5,858 shs
Average Volume
32,577 shs
Market Capitalization
$135.82 million
Assets Under Management
$136.58 million
Dividend Yield
3.25%
Net Expense Ratio
1.01%
FAAR stock logo

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

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.

FAAR Stock Price History

FAAR ETF News Headlines

DFAT: A Good Option For Value Investors
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
AIRR: Industrial ETF Beating Competitors
AIRR: Stellar Returns, And Not Your Average ETF
The Case For Alternative Assets
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Alternative Allocations: Alternative Investment Outlook
See More Headlines
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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
10

Fund Statistics

Assets Under Management
$136.58 million
Average Daily Volume
$21,316.90
Discount/Premium
-0.03%

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
20,300 shs

Miscellaneous

Beta
0.10
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Alternative Absolute Return Strategy ETF Expenses

TypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.82%0.70%0.49%0.52%
Other Expenses0.06%1.73%0.36%0.41%0.54%
Total Expense1.01%2.03%0.87%0.63%0.71%
Fee Waiver0.00%-2.36%-0.73%-0.33%-0.58%
Net Expense1.01%1.02%0.67%0.56%0.59%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

  • First Eagle Alternative Capital BDC(NASDAQ:FCRD)
    Holding Weight: 19.32%
  • United States Treasury Notes 0.375%
    Holding Weight: 16.58%
  • Dreyfus Govt Cm Inst 289
    Holding Weight: 9.78%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 9.78%
  • United States Treasury Notes 0.25%
    Holding Weight: 9.02%
  • United States Treasury Notes 0.375%
    Holding Weight: 8.67%
  • United States Treasury Notes 1%
    Holding Weight: 8.59%
  • United States Treasury Notes 0.5%
    Holding Weight: 8.48%
  • United States Treasury Notes 0.25%
    Holding Weight: 8.39%
  • United States Treasury Notes 0.75%
    Holding Weight: 1.38%

FAAR ETF - Frequently Asked Questions

How have FAAR shares performed this year?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 at the beginning of 2024. Since then, FAAR shares have increased by 3.5% and is now trading at $28.2950.
View the best growth stocks for 2024 here
.

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

Top institutional shareholders of First Trust Alternative Absolute Return Strategy ETF include Horizon Advisory Services Inc. (13.24%), Envestnet Asset Management Inc. (7.12%), Cetera Investment Advisers (2.41%) and Walkner Condon Financial Advisors LLC (2.17%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

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.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR) and CaixaBank (CAIXY).

This page (NASDAQ:FAAR) was last updated on 9/7/2024 by MarketBeat.com Staff

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