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About First Trust Managed Futures Strategy Fund
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Inception date
Aug 1, 2013
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
ISIN
US33739G1031
FMF aims for true absolute-return performance using a managed futures approach. The fund takes direct long and short positions in futures across commodities currency and equity indexes. The ability to offset exposures within asset classes could produce low correlations, an area where direct-competitor WDTI excels.
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
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government61.25%
Rights & Warrants22.10%
Agency8.29%
Mutual fund8.29%
Cash0.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FMF last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.24 USD in dividends, which shows a 14.33% increase.
FMF assets under management is 176.69 M USD. It's risen 5.23% over the last month.
FMF fund flows account for 27.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FMF pays dividends to its holders with the dividend yield of 4.40%. The last dividend (Jun 30, 2025) amounted to 0.28 USD. The dividends are paid quarterly.
FMF shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Aug 1, 2013, and its management style is Active.
FMF expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
FMF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FMF invests in bonds.
FMF price has risen by 1.91% over the last month, and its yearly performance shows a −0.79% decrease. See more dynamics on FMF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.58% increase in three-month performance and has decreased by −0.16% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.58% increase in three-month performance and has decreased by −0.16% in a year.
FMF trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.