D
First Trust Multi-Strategy Alternative ETF LALT
NYSE Arca
Recommendation
Closing Price
NAV
Total Assets
Dividend Yield
Turnover Ratio
Expense Ratio
Weiss Ratings LALT - NYSE Arca Click to
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Rating D
Reward Index Weak
Reward Grade D
Risk Index Weak
Risk Grade D+
Valuation LALT - NYSE Arca Click to
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Price $24.78
Company Info LALT - NYSE Arca Click to
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Provider First Trust
Manager/Tenure (Years) John W. Gambla (3), Rob A. Guttschow (3), Daniel J. Lindquist (3), 2 others
Website http://www.ftportfolios.com/
Phone Number 800-621-1675
Fund Information LALT - NYSE Arca Click to
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Fund Name First Trust Multi-Strategy Alternative ETF
Category Multistrategy
Sub-Category Alternative Miscellaneous
Prospectus Objective Asset Allocation
Inception Date Jan 31, 2023
Open/Closed To New Investors Open
Minimum Initial Investment --
Minimum Subsequent Investment --
Front End Fee --
Back End Fee --
Dividends and Shares LALT - NYSE Arca Click to
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Dividend Yield 3.98%
Dividend LALT - NYSE Arca Click to
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Dividend Yield (Forward) 1.54%
Asset Allocation LALT - NYSE Arca Click to
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Cash 53.48%
Stock 26.15%
U.S. Stock 23.26%
Non-U.S. Stock 2.89%
Bond 14.17%
U.S. Bond 14.02%
Non-U.S. Bond 0.15%
Preferred 0.00%
Convertible 0.00%
Other Net 6.21%
Price History LALT - NYSE Arca Click to
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7-Day Total Return -0.28%
30-Day Total Return 0.41%
60-Day Total Return 2.01%
90-Day Total Return 2.78%
Year to Date Total Return 11.61%
1-Year Total Return 12.31%
2-Year Total Return 25.24%
3-Year Total Return 35.58%
5-Year Total Return --
Price LALT - NYSE Arca Click to
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Closing Price $24.85
1-Month Low Price $24.71
1-Month High Price $25.05
52-Week Low Price $22.64
52-Week Low Price (Date) Dec 18, 2025
52-Week High Price $25.05
52-Week High Price (Date) Oct 13, 2026
NAV LALT - NYSE Arca Click to
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1-Month Low NAV $24.65
1-Month High NAV $25.01
52-Week Low NAV $22.62
52-Week Low NAV (Date) Dec 16, 2025
52-Week High NAV $25.01
52-Week High Price (Date) Oct 13, 2026
Beta / Standard Deviation LALT - NYSE Arca Click to
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Beta 0.13
Standard Deviation 4.95
Balance Sheet LALT - NYSE Arca Click to
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Total Assets 389.50M
Operating Ratios LALT - NYSE Arca Click to
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Expense Ratio 1.18%
Turnover Ratio 31.00%
Performance LALT - NYSE Arca Click to
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Last Bull Market Total Return 18.90%
Last Bear Market Total Return --