First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

• Market cap: $278M
• 1 day: 0.48%
• 5 days: 1.46%
• 1 month: 3.16%
• 3 months: 8.35%
• 6 months: 17.9%
• Year to date: 17.8%
• 1 year: 15.59%
• 5 years: 26.89%
• 10 years: 61.1%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

3.39% less ownership

Funds ownership: 69.11% [Q1] → 65.72% (-3.39%) [Q2]

7% less capital invested

Capital invested by funds: $176M [Q1] → $163M (-$13.1M) [Q2]

7% less funds holding

Funds holding: 67 [Q1] → 62 (-5) [Q2]

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9