First Trust Small Cap Growth AlphaDEX® Fund — Company Overview, News & Financial Data

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) is an exchange-traded fund that focuses on investing in small-cap growth companies in the United States, aiming to achieve investment returns that correspond to the price and yield performance of the NASDAQ AlphaDEX Small Cap Growth Index. Through a systematic selection process, the fund identifies companies that show potential for growth based on a variety of investment criteria, including sales growth, valuation, and market capitalization. The main objective of the fund is to provide investors with a diversified portfolio of small-cap growth stocks, which could offer higher growth potential compared to large-cap stocks. By targeting these growth-oriented companies, First Trust Small Cap Growth AlphaDEX Fund strives to capitalize on the dynamic nature of the small-cap market, seeking to generate long-term capital appreciation for its investors.