First Trust Multi-Strategy Alternative ETF (LALT)

• Market cap: $22.4M
• 1 day: 0.22%
• 5 days: 0.95%
• 1 month: 3.08%
• 3 months: 5.36%
• 6 months: 6.66%
• Year to date: 6.41%
• 1 year: 7.84%
• 5 years: 12.04%
• 10 years: 12.04%

Fund manager confidence

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

250% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 2

13.13% less ownership

Funds ownership: 92.02% [Q1] → 78.9% (-13.13%) [Q2]

19% less capital invested

Capital invested by funds: $19.5M [Q1] → $15.9M (-$3.61M) [Q2]

19% less funds holding

Funds holding: 16 [Q1] → 13 (-3) [Q2]

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4