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First Trust Multi-Strategy Alternative ETF (LALT)

Multistrategy | Exchange Traded Fund | NYSEArca
24.53 USD -0.02 (-0.091%) ⇩ (April 17, 2026, 3:35 p.m. EDT)
After hours: 24.53

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 3:26 p.m. EDT

LALT has shown relatively stable price movement in the recent period, hovering around its 50-day average with a slight upward trend. The dividend yield of 3.74% is attractive, but the dividend payments have been inconsistent over the past five years, with some months showing very low or zero payouts. This suggests that while the yield is appealing, the reliability of dividends might be a concern for income-focused investors. The short-term forecasting model indicates a modest positive direction, but the high H-Stat and low Ljung-Box p-value suggest potential volatility and uncertainty in the near term. For long-term investors, the stock appears to have a reasonable risk-reward profile, but careful monitoring of the fund's underlying assets and management is advised.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.030539
AutoARIMA0.031549
AutoETS0.032054
AutoTheta0.037303

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 5.55
Ljung-Box p 0.000
Jarque-Bera p 0.224
Excess Kurtosis -1.19
Attribute Value
Trailing P/E 20.44

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.11% 3.97%
Dividend History
Date Dividend Yield %
2026-03-26 0.504 2.109669
2025-12-12 0.324 1.458153
2025-06-26 0.082 0.400663
2025-03-27 0.058 0.285199
2024-12-13 0.357 1.761092
2024-06-27 0.075 0.384963
2023-12-22 0.389 2.096325
2023-06-27 0.092 0.505559
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2016-12-30
dividendYield 3.74

Info Dump

Attribute Value
All Time High 25.18
All Time Low 19.66
Ask 24.54
Ask Size 300
Average Daily Volume10 Day 27,240
Average Daily Volume3 Month 18,370
Average Volume 18,370
Average Volume10Days 27,240
Beta3 Year 0.14
Bid 24.5
Bid Size 700
Category Multistrategy
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.55
Day Low 24.4515
Dividend Date 1,483,056,000
Dividend Yield 3.74
Eps Trailing Twelve Months 1.200171
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.35342
Fifty Day Average Change 0.17317963
Fifty Day Average Change Percent 0.007111101
Fifty Two Week Change Percent 18.451141
Fifty Two Week High 25.18
Fifty Two Week High Change -0.6534004
Fifty Two Week High Change Percent -0.025949182
Fifty Two Week Low 20.62
Fifty Two Week Low Change 3.906599
Fifty Two Week Low Change Percent 0.18945679
Fifty Two Week Range 20.62 - 25.18
First Trade Date Milliseconds 1,675,348,200,000
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,675,123,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.
Long Name First Trust Multi-Strategy Alternative ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1818782858
Nav Price 24.48
Net Assets 47,387,988.0
Net Expense Ratio 1.18
Open 24.5
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 24.5266
Post Market Time 1,776,464,701
Previous Close 24.5489
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0223007
Regular Market Change Percent -0.090842
Regular Market Day High 24.55
Regular Market Day Low 24.4515
Regular Market Day Range 24.4515 - 24.55
Regular Market Open 24.5
Regular Market Previous Close 24.5489
Regular Market Price 24.5266
Regular Market Time 1,776,454,547
Regular Market Volume 13,334
Short Name First Trust Multi-Strategy Alte
Source Interval 15
Symbol LALT
Three Year Average Return 0.1002982
Total Assets 47,387,988
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 20.43592
Trailing Peg Ratio None
Trailing Three Month Nav Returns 9.06948
Trailing Three Month Returns 9.06948
Triggerable 1
Two Hundred Day Average 23.018585
Two Hundred Day Average Change 1.5080147
Two Hundred Day Average Change Percent 0.06551292
Type Disp ETF
Volume 13,334
Yield 0.0374
Ytd Return 9.06948