(FTA) First Trust Large Cap - Ratings and Ratios

The First Trust Large Cap Value AlphaDEX Fund, listed on the NASDAQ under the ticker FTA, is an exchange-traded fund (ETF) that primarily focuses on investing in value stocks from the NASDAQ US 500 Large Cap Index. This fund is designed to allocate at least 90% of its net assets, including any investment borrowings, towards the securities that make up its underlying index. The index itself is constructed using the AlphaDEX selection methodology, which aims to identify value stocks that have the potential to generate positive alpha, or risk-adjusted returns, when compared to more traditional indices.

The AlphaDEX methodology is a proprietary approach used to select stocks for the fund's portfolio. It evaluates potential investments based on various criteria, including price-to-book ratio, return on assets, and other value metrics. By applying this methodology, the fund seeks to create a portfolio of large-cap value stocks that may offer the potential for long-term growth and income. The fund's investment universe is derived from the NASDAQ US 500 Large Cap Index, which serves as the base index. This base index is a broad market index that tracks the performance of the 500 largest and most liquid non-financial stocks listed on the NASDAQ.

In terms of its structure, the First Trust Large Cap Value AlphaDEX Fund is a US-domiciled ETF, with the ISIN code US33735J1016. As an ETF, it offers investors the benefits of diversification, liquidity, and transparency, along with the potential for tax efficiency. The fund is categorized as a large value ETF, indicating its primary investment objective and strategy. For more information about the fund, including its investment objectives, risks, and fees, investors can visit the website of the fund's issuer, First Trust, at http://www.ftportfolios.com/.