Key stats
About First Trust Multi-Manager Small Cap Opportunities ETF
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Inception date
Oct 13, 2021
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
ISIN
US33740U7946
MMSC invests in small-cap US growth stocks while using a multi-manager approach. The fund expects to benefit from complementing investment strategies of different asset management firms. First Trust, the advisor, selects managers with consistent track record of success and have investment strategies focused on long-term outlook. Each manager or sub-advisor provides independent recommendations regarding selection and allocation of securities, respective to their portion of assets. The advisor may recommend the addition or removal of managers, as well as changes to the allocation of assets. Given the different styles of each sub-advisor, the allocation of assets within the portfolio is periodically rebalanced equally to maintain exposure to each managers strategy. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion.
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
Electronic Technology
Technology Services
Health Technology
Stocks99.31%
Electronic Technology24.51%
Technology Services16.78%
Health Technology15.42%
Producer Manufacturing7.50%
Finance7.31%
Industrial Services5.50%
Retail Trade4.88%
Non-Energy Minerals3.83%
Commercial Services3.41%
Consumer Services3.08%
Health Services1.87%
Energy Minerals1.18%
Consumer Non-Durables1.14%
Consumer Durables0.82%
Communications0.52%
Miscellaneous0.47%
Distribution Services0.38%
Transportation0.32%
Process Industries0.26%
Utilities0.14%
Bonds, Cash & Other0.69%
Mutual fund0.69%
Stock breakdown by region
North America95.67%
Europe1.99%
Middle East1.86%
Latin America0.26%
Asia0.22%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MMSC invests in stocks. The fund's major sectors are Electronic Technology, with 24.51% stocks, and Technology Services, with 16.78% of the basket. The assets are mostly located in the North America region.
MMSC top holdings are AeroVironment, Inc. and Karman Holdings Inc., occupying 1.99% and 1.80% of the portfolio correspondingly.
MMSC assets under management is 28.78 M USD. It's risen 3.13% over the last month.
MMSC fund flows account for 2.15 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, MMSC pays dividends to its holders with the dividend yield of 0.37%. The last dividend (Dec 31, 2024) amounted to 0.09 USD. The dividends are paid quarterly.
MMSC shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Oct 13, 2021, and its management style is Active.
MMSC expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
MMSC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MMSC invests in stocks.
MMSC price has risen by 6.54% over the last month, and its yearly performance shows a 15.11% increase. See more dynamics on MMSC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.76% over the last month, showed a 17.37% increase in three-month performance and has increased by 15.24% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.76% over the last month, showed a 17.37% increase in three-month performance and has increased by 15.24% in a year.
MMSC trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.