Key stats
About First Trust Emerging Markets Small Cap AlphaDEX Fund
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Inception date
Feb 15, 2012
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
FEMS tries to outperform the competition by using a multi-factor selection methodology to choose the best-performing stocks. It makes sizable country bets, notably excluding South Korea. FEMS scores each potential holding by both value (book value-to-price, cash flow-to-price and return on assets) and growth (3-, 6- and 12-month price appreciation, sales-to-price and 1-year sales growth) characteristics, then ranks stocks by whichever trait scores highest. It takes the top 200 names, broken into equal-weighted quintiles, weighting higher-scoring quintiles more heavily. The fund makes many sector bets, but those bets are liable to change with time, so its exposure bears watching.
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
Finance
Stocks97.82%
Finance19.76%
Utilities7.46%
Consumer Durables7.39%
Transportation7.07%
Retail Trade7.07%
Consumer Non-Durables6.74%
Electronic Technology5.65%
Industrial Services5.10%
Energy Minerals4.88%
Process Industries4.72%
Non-Energy Minerals4.13%
Producer Manufacturing3.04%
Communications2.91%
Distribution Services2.58%
Technology Services2.48%
Health Technology2.19%
Consumer Services1.71%
Health Services1.52%
Commercial Services1.42%
Bonds, Cash & Other2.18%
UNIT1.62%
Miscellaneous0.51%
Cash0.04%
Stock breakdown by region
Asia60.42%
Europe15.97%
Latin America10.38%
Africa10.10%
North America3.13%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history