First Trust Multi Cap Value AlphaDEX Fund
FAB
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 11, 2007
- CIK
- 0001383496
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that employs the AlphaDEX investment methodology to select value stocks from a multi-cap universe across large-, mid-, and small-cap segments of the U.S. equity market. The fund invests primarily in common stocks of companies exhibiting strong value characteristics, including low price-to-earnings, price-to-book, and price-to-sales ratios; it tracks the Nasdaq AlphaDEX Multi Cap Value Index before fees and expenses. FAB offers investors diversified exposure to value-oriented equities through a rules-based, quantitative selection process that ranks eligible securities on fundamental factors and equal-weights the top 200 holdings, rebalanced quarterly and reconstituted semi-annually. The fund provides portfolio management services focused on multi-cap value strategies; sector allocations span financials, industrials, consumer discretionary, information technology, and healthcare, with no single sector exceeding predefined limits. It targets institutional and retail investors seeking enhanced value returns relative to traditional market-cap-weighted benchmarks, operating exclusively in U.S. domestic equities with global depositary receipts excluded. First Trust Portfolios L.P., founded in 1991 and headquartered in Wheaton, Illinois, serves as the sponsor and investment adviser, supported by First Trust Advisors L.P. as sub-adviser. In recent developments, FAB maintained stable operations amid market volatility in 2024-2025, with no major acquisitions, funding rounds, or structural changes reported; it continued quarterly rebalancing aligned with its index methodology. The fund experienced asset inflows during the value rotation phase post-2024 U.S. presidential election, reflecting President Donald Trump's reelection and pro-business policies influencing cyclical sectors. No significant partnerships, new product launches, or reorganizations occurred within the last two years, underscoring its consistent passive-active hybrid approach within First Trust's suite of 150+ AlphaDEX ETFs.