How have FAAR shares performed in 2024?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 on January 1st, 2024. Since then, FAAR shares have increased by 6.5% and is now trading at $29.14. View the best growth stocks for 2024 here .

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest in April. As of April 15th, there was short interest totaling 7,000 shares, a decrease of 35.2% from the March 31st total of 10,800 shares. Based on an average daily volume of 42,600 shares, the days-to-cover ratio is presently 0.2 days. View First Trust Alternative Absolute Return Strategy ETF's Short Interest .

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.2032 per share on Thursday, March 28th. This represents a $0.81 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Thursday, March 21st. Read our dividend analysis for FAAR .

What does FAAR invest in?

First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $130.95 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH) , Canadian Imperial Bank of Commerce (CM) , Mack-Cali Realty (CLI) , CONSOL Coal Resources (CCR) , CaixaBank (CAIXY) , Bankwell Financial Group (BWFG) , BlackRock New York Municipal Income Trust (BNY) and ATI (ATI) .

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (1.99%), Cambridge Investment Research Advisors Inc. (1.14%), Iams Wealth Management LLC (0.89%), Simplicity Wealth LLC (0.77%), Park Avenue Securities LLC (0.34%) and RFG Advisory LLC (0.29%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

→ See this before next week's Fed meeting (From Stansberry Research) (Ad)

Free FAAR Stock Alerts

$29.05

-0.08 (-0.27%)

(As of 12:07 PM ET)

Compare

Today's Range: $29.04
▼
$29.17
50-Day Range: $28.26
▼
$29.28
52-Week Range: $25.85
▼
$30.00

Volume: 2,696 shs
Average Volume: 42,209 shs
Market Capitalization: $132.18 million

Assets Under Management: $130.95 million
Dividend Yield: 3.13%
Net Expense Ratio: 0.95%

Stock Analysis Chart Dividend Headlines Holdings Ownership Short Interest Social Media

Get First Trust Alternative Absolute Return Strategy ETF alerts:

About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.

FAAR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FAAR ETF News Headlines

February 16, 2024 | seekingalpha.com

FIF CEF: Upcoming ETF Conversion Set To Erase 5.65% Discount

January 31, 2024 | seekingalpha.com

The Case For Alternative Assets

April 25, 2024 | Stansberry Research (Ad)

“Retirement Secret” Showed 995% Gain Last Time We Shared It

See this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)

January 24, 2024 | seekingalpha.com

Alternative Allocations: Alternative Investment Outlook

January 22, 2024 | finance.yahoo.com

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

January 6, 2024 | cnbc.com

Cliff Asness' AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks

December 22, 2023 | msn.com

First Trust Multi-Strategy Alternative ETF declares quarterly distribution of $0.3891

December 20, 2023 | tmcnet.com

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for January

April 25, 2024 | Stansberry Research (Ad)

“Retirement Secret” Showed 995% Gain Last Time We Shared It

October 31, 2023 | usatoday.com

Christopher J. Day’s Visionary Approach Towards Inclusive Investing with Innovative ETF Strategies

See More Headlines

Receive FAAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer: First Trust
Fund Name: First Trust Alternative Absolute Return Strategy ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:FAAR
Inception Date: 5/18/2016
Fund Manager: John Gambla, Rob Guttschow
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Commodities
Benchmark: N/A
Category: Absolute Returns
Focus: Long/Short
Development Level: Blended Development
Region: Global
Number of Holdings: 10

Fund Statistics

Assets Under Management: $130.05 million
Average Daily Volume: $68,632.30
Discount/Premium: -0.05%

Administrator, Advisor and Custodian

Administrator: Brown Brothers Harriman & Co.
Advisor: First Trust Advisors L.P.
Custodian: Brown Brothers Harriman & Co.
Distributor: First Trust Portfolios L.P.
Transfer Agent: Brown Brothers Harriman & Co.
Trustee: N/A
Lead Market Maker: Jane Street

Options

Optionable: N/A
Short Interest: 10,800 shs

Miscellaneous

Outstanding Shares: 4,550,000
Beta: 0.10
Creation Unit: 50,000
Creation Fee: $500.00

10 "Recession Proof" Stocks That Will Thrive in Any Market

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Ad Stansberry Research

See this before next week's Fed meeting

See this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)

Click here to see it.

First Trust Alternative Absolute Return Strategy ETF Expenses

Type	FAAR	Long/Short ETFs	Commodities ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.95%	0.83%	0.66%	0.48%	0.51%
Other Expenses	0.00%	1.90%	0.28%	0.34%	0.58%
Total Expense	0.95%	2.08%	0.77%	0.58%	0.70%
Fee Waiver	0.00%	-2.39%	-0.18%	-0.22%	-0.57%
Net Expense	0.95%	1.03%	0.70%	0.54%	0.58%

First Trust Alternative Absolute Return Strategy ETF (FAAR) Holdings

Top 10 FAAR Holdings

First Eagle Alternative Capital BDC(NASDAQ:FCRD)
Holding Weight: 22.72%
United States Treasury Notes 0.375%
Holding Weight: 16.88%
United States Treasury Notes 0.25%
Holding Weight: 9.19%
United States Treasury Notes 0.25%
Holding Weight: 9.02%
United States Treasury Notes 0.375%
Holding Weight: 8.92%
United States Treasury Notes 1%
Holding Weight: 8.85%
United States Treasury Notes 0.5%
Holding Weight: 8.71%
United States Treasury Notes 0.25%
Holding Weight: 8.58%
Dreyfus Govt Cm Inst 289
Holding Weight: 3.57%
Morgan Stanley Instl Lqudty Trs Instl
Holding Weight: 3.57%

Full Holdings Details

Similar ETFs

Even Herd Long Short ETF
NASDAQ:EHLS

Institutional Ownership

View All Institutional Transactions

FAAR ETF - Frequently Asked Questions

How have FAAR shares performed in 2024?: First Trust Alternative Absolute Return Strategy ETF's stock was trading at $27.35 on January 1st, 2024. Since then, FAAR shares have increased by 6.5% and is now trading at $29.14.
View the best growth stocks for 2024 here.
Are investors shorting First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest in April. As of April 15th, there was short interest totaling 7,000 shares, a decrease of 35.2% from the March 31st total of 10,800 shares. Based on an average daily volume of 42,600 shares, the days-to-cover ratio is presently 0.2 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest.
How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.2032 per share on Thursday, March 28th. This represents a $0.81 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for FAAR.
What does FAAR invest in?: First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $130.95 million assets under management.

What is the management fee for First Trust Alternative Absolute Return Strategy ETF?: First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.
What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).
Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?: First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (1.99%), Cambridge Investment Research Advisors Inc. (1.14%), Iams Wealth Management LLC (0.89%), Simplicity Wealth LLC (0.77%), Park Avenue Securities LLC (0.34%) and RFG Advisory LLC (0.29%).
How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?: Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FAAR) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial