First Trust Energy AlphaDEX Fund
FXN
New York Stock Exchange Arca- -
USD
- -
- -
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 10, 2007
- CIK
- 0001383496
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the StrataQuant Energy Index. The fund normally invests at least 90% of its net assets in the common stocks, depositary receipts, real estate investment trusts and tracking stocks that comprise the index, which selects stocks from the Russell 1000 Index in the energy sector using the proprietary AlphaDEX stock selection methodology to identify companies expected to generate positive alpha relative to traditional passive-style indices; the index employs a modified equal-dollar weighted approach with multi-factor selection across growth and value stocks of large- and mid-cap U.S. energy companies. Core holdings include oil crude producers such as Civitas Resources Inc., Diamondback Energy Inc., Matador Resources Co., EOG Resources Inc., Coterra Energy Inc. and Devon Energy Corp.; oil equipment and services providers like NOV Inc., Schlumberger Ltd., Halliburton Co. and Baker Hughes Co.; integrated oil and gas firms including Exxon Mobil Corp. and Chevron Corp.; pipelines operators such as Kinder Morgan Inc., ONEOK Inc. and Cheniere Energy Inc.; oil refining and marketing companies like HF Sinclair Corp. and Phillips 66; and renewable energy equipment makers including First Solar Inc. and Enphase Energy Inc. Launched on May 8, 2007 and domiciled in the United States, the fund is managed by First Trust Advisors L.P., with headquarters at 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187. It primarily targets institutional and retail investors seeking exposure to the U.S. energy sector, with approximately 99.93% of assets in U.S. stocks and a net expense ratio of 0.61% to 0.62%; assets under management stand at around $276 million to $485 million. Recent developments include routine portfolio rebalancing, with top holdings as of October 2025 featuring Permian Resources Corp. at 5.18%, Coterra Energy Inc. at 5.06% and Diamondback Energy Inc. at 4.96%; the fund announced quarterly distributions in December 2025 alongside other First Trust AlphaDEX sector products. In late 2025, FXN registered a 10.1% insider buying index, boosted by significant purchases at key holding Kinder Morgan Inc., including 1 million shares acquired by Executive Chairman Richard D. Kinder for $25.9 million. First Trust Advisors L.P. also conducted trustee elections and board appointments in May 2025, alongside semi-annual reporting for the period ended January 31, 2025, reflecting ongoing governance and operational continuity.