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›ETF Providers›First Trust›LALT

LALT ETF · First Trust Multi-Strategy Alternative ETF

The LALT Exchange Traded Fund (ETF) is provided by First Trust. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update Today at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMulti-Asset: Other1M perf.+2.09%
Last price
$24.53
1M perf.
+1.22%
1M flows
+€5.2M
AuM
€45M
E/R
1.18%
Rating
Not rated
ESG Consensus®
esg grade icon
LALT
$24.53

Performance & flows

January 15, 2026 → April 15, 2026
002468%FEBMARAPRFEBMARAPR
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LALT
$24.54
+7.28%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+1.22%
+7.28%
+24.22%
+33.47%
N/A
+0.99%
+0.99%
+10.16%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
33740F490
ISIN
US33740F4900
AuM
€45M
E/R
1.18%
ESG Consensus®
esg grade icon
More details
NAV
4/15/2026
$24.54
1D NAV change
+0.03%
Dividend policy
No. of holdings
N/A
Inception date
2/1/2023
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Factors
N/A
Investment strategy
The First Trust Multi-Strategy Alternative ETF's (the "Fund") investment objective is long-term total return. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+7.28%
+24.22%
+33.47%
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The LALT ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

To find out more about LALT's exposure, please refer to the as provided by First Trust.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
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Issuer

First Trust
First Trust ID Card
Number of funds
406
Total AuM
€216.64B
Expense ratio range
0.15% - 13.69%
Average expense ratio
0.8048%

Frequently asked questions about LALT

What does First Trust Multi-Strategy Alternative ETF, LALT, invest in?

LALT is a Active ETF. This ETF provides exposure to Equities, Bonds and Commodities.

What is the Total Expense ratio (TER) of LALT?

LALT carries a total expense ratio (TER) of 1.18%, indicating the annual cost for holding the fund.

When was LALT launched?

LALT was introduced to the market on February 1, 2023. It trades on United States

Who is the ETF issuer of LALT?

First Trust Multi-Strategy Alternative ETF, LALT, is provided by First Trust. Learn more about First Trust here.

What is the current assets under management (AUM) of LALT?

LALT oversees €45M in assets as of April 15, 2026.

How has LALT performed lately?

Based on data from April 15, 2026, LALT returned 1.22% over the past month, 7.28% over the last three months and 10.16% year-to-date.

What are the latest inflows or outflows for LALT?

As of April 15, 2026, LALT recorded net flows of +€5.3M over the last month and +€13M year-to-date.

Does LALT distribute dividends?

LALT follows a distributing dividend policy, meaning it pays out income to investors. As of April 15, 2026, its 12-month trailing yield was 3.71%.

What is the base currency of LALT?

The base currency of LALT is USD.

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