Key stats
About First Trust Europe AlphaDEX Fund
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Inception date
Apr 18, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FEP aims to outperform the broad European market by using a quantitative methodology to select stocks using growth and value factors. It then ranks these stocks based on the strength of the resulting style scores and weights them equally within quintiles, with higher scoring quintiles receiving greater weight in the index. Its weighting constraints are also set at 15% above the sector/country percentages of the base index. It reconstitutes and rebalances its portfolio semi-annually to maintain exposure to its expected outperformers. Sector biases abound, though they can also change in light of the fund's rebalancing.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.73%
Finance38.81%
Non-Energy Minerals7.64%
Consumer Durables6.88%
Electronic Technology5.36%
Utilities5.24%
Producer Manufacturing4.46%
Energy Minerals4.22%
Transportation4.16%
Industrial Services4.01%
Communications3.37%
Retail Trade3.05%
Consumer Non-Durables2.94%
Technology Services2.59%
Commercial Services2.08%
Health Technology1.21%
Process Industries1.10%
Consumer Services1.04%
Miscellaneous0.82%
Distribution Services0.45%
Health Services0.32%
Bonds, Cash & Other0.27%
Cash0.27%
Stock breakdown by region
Europe98.67%
North America1.33%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history