First Trust Industrials/Producer Durables AlphaDEX® Fund company info

What does First Trust Industrials/Producer Durables AlphaDEX® Fund do?
First Trust Industrials/Producer Durables AlphaDEX® Fund (NYSE:FXR) operates as an exchange-traded fund that focuses on providing investors with exposure to the industrials and producer durables sector. Using the AlphaDEX® selection methodology, the fund aims to select stocks from the industrials sector that demonstrate the potential for capital appreciation. Key operational activities involve analyzing companies based on growth factors such as book value to price, cash flow to price, and return on assets. Its projects and objectives are centered on outperforming traditional market-cap weighted indexes, providing a diversified portfolio that reduces sector-specific risks, and delivering competitive returns to its investors. Through strategic stock selection and sector allocation, First Trust Industrials/Producer Durables AlphaDEX® Fund seeks to capitalize on industrial and durable goods market dynamics.
First Trust Industrials/Producer Durables AlphaDEX® Fund company media
Company Snapshot

Is First Trust Industrials/Producer Durables AlphaDEX® Fund a public or private company?

key
Ownership
Public

How many people does First Trust Industrials/Producer Durables AlphaDEX® Fund employ?

people
Employees
1,072

What sector is First Trust Industrials/Producer Durables AlphaDEX® Fund in?

pie chart
Sector
ETF

Where is the head office for First Trust Industrials/Producer Durables AlphaDEX® Fund?

location pin
Head Office
Wheaton, United States

What year was First Trust Industrials/Producer Durables AlphaDEX® Fund founded?

founded flag
Year Founded
2007
What does First Trust Industrials/Producer Durables AlphaDEX® Fund specialise in?
/Exchange Traded Fund /Industrial Investment /Producer Durables /Equity Securities /Diversified Portfolio /Risk Management

What are the products and/or services of First Trust Industrials/Producer Durables AlphaDEX® Fund?

Overview of First Trust Industrials/Producer Durables AlphaDEX® Fund offerings
Exposure to U.S. Industrial and Producer Durables Stocks: FXR primarily invests in stocks of companies within the U.S. industrial sector, with a focus on producer durables. These are companies that manufacture long-lasting goods, such as machinery, equipment, and transportation vehicles. This allows investors to gain exposure to the performance of this specific industry segment.
AlphaDEX® Selection Strategy: Unlike traditional index funds, FXR uses a proprietary AlphaDEX® methodology to select and weight its holdings. This methodology goes beyond just market capitalization and aims to identify companies with characteristics that have historically been associated with outperformance.
Diversification: FXR holds a basket of various industrial and producer durables companies across different sub-sectors, potentially reducing risk compared to investing in individual stocks.
Passive Management: While using the AlphaDEX® selection strategy, FXR is still considered passively managed. This means it doesn't attempt to actively predict or outperform the market through individual stock picking.
Exchange-Traded: Shares of FXR are traded on a stock exchange like any other stock, allowing for easy buying and selling throughout the trading day. This provides flexibility for investors managing their portfolios.
Transparency: The holdings of the ETF are publicly disclosed, allowing investors to understand the specific companies they are indirectly invested in through FXR.