TipRanks
Go Ultimate55% OFF

First Trust Multi-Strategy Alternative ETF (LALT) Price & Chart

LALT ETF Chart & Stats

$24.96
At close: 4:00 PM EDT
$24$24.5$253 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$24.85 - $25.06
52-Week Range
$22.56 - $25.18
Previous Close
$24.88
Volume
114.05K
Average Volume (3M)
140.22K
AUM
436.62M
NAV
24.82
Expense Ratio
1.18%
Holdings Count
8
Beta
0.17
Inception Date
Jan 31, 2023
Shares Outstanding
17,600,002
Standard Deviation
N/A

ETF Overview

First Trust Multi-Strategy Alternative ETF

The First Trust Multi-Strategy Alternative ETF (Ticker: LALT) is a sophisticated investment vehicle tailored for those seeking exposure to diverse hedge fund strategies within a single, accessible product. Specializing in the multi-strategy niche, LALT offers investors a dynamic approach to asset management by employing a combination of various alternative strategies, each designed to capitalize on different market conditions and opportunities. This ETF is meticulously crafted to provide a blend of risk-adjusted returns by leveraging techniques traditionally reserved for hedge funds, such as arbitrage, long/short equity, and global macro strategies. By integrating these diverse strategies, the fund aims to achieve a balanced portfolio that can potentially enhance returns while mitigating volatility, making it an appealing option for investors looking to diversify their portfolios beyond conventional equity and bond investments. With its focus on flexibility and adaptability, the First Trust Multi-Strategy Alternative ETF represents a compelling choice for those interested in the innovative intersection of hedge fund methodologies and the transparency and liquidity of ETFs.

First Trust Multi-Strategy Alternative ETF (LALT) Fund Flow Chart

FlowsPrice045M90M134M$22.5$23.25$24$24.75Nov '25Jan '26Mar '26May '26Jul '26Sep '26
First Trust Multi-Strategy Alternative ETF (LALT) 1 year Net Flows: $397M

LALT ETF FAQ

What was LALT’s price range in the past 12 months?
LALT’s lowest price in the past 12 months was $22.56 and its highest was $25.18.
What is the AUM of LALT?
As of Oct 27, 2026, the AUM of LALT is $436.62M.
Does LALT pay dividends?
Yes. LALT pays dividends quarterly. Its most recent dividend was $0.08 per share, and its annual dividend yield is 3.94%. See more information on LALT dividends here.
How many shares outstanding does LALT have?
LALT has 17,600,002 shares outstanding.