Key stats
About First Trust Small Cap Growth AlphaDEX Fund
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Inception date
Apr 19, 2011
Structure
Open-Ended Fund
Replication method
Physical
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
FYC tracks an index which implements its proprietary AlphaDEX selection methodology to select small-cap growth stocks. The index starts by removing stocks from the NASDAQ US 700 Small Cap Index which do not trade on an eligible exchange, duplicate stocks, and do not meet liquidity screens. Then, all remaining securities are grouped into either growth or value buckets. Only those in the growth buckets are eligible for inclusion. Those eligible are then scored individually and the top 262 stocks are selected for inclusion in the index. The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly. The fund switched indexes on April 8, 2016. The selection universe differs (holdings were previously chosen from the S&P SmallCap 600 Index).
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
Health Technology
Technology Services
Stocks99.86%
Finance19.56%
Health Technology14.63%
Technology Services14.44%
Consumer Services9.00%
Electronic Technology7.11%
Producer Manufacturing6.53%
Industrial Services5.33%
Commercial Services3.82%
Health Services3.31%
Process Industries2.82%
Consumer Durables2.12%
Communications2.06%
Retail Trade1.76%
Consumer Non-Durables1.52%
Non-Energy Minerals1.50%
Utilities1.22%
Distribution Services1.14%
Energy Minerals0.74%
Transportation0.64%
Miscellaneous0.63%
Bonds, Cash & Other0.14%
Cash0.14%
Stock breakdown by region
North America98.61%
Europe0.87%
Latin America0.52%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history