LALT First Trust Multi-Strategy Alternative ETF
The First Trust Multi-Strategy Alternative ETF (LALT) is designed to achieve the primary goal of generating overall long-term returns. This actively managed exchange-traded fund strives towards its investment objective by strategically distributing its capital among a wide variety of non-traditional asset classes and investment approaches. The intention behind this strategy is to provide investors with diminished correlation and broader risk diversification when measured against standard equity and fixed income benchmarks, like the S&P 500 Index or the Bloomberg Aggregate Bond Index, aiming for consistent performance through diverse economic conditions.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| LALT | -2.2% | +0.6% | +10.0% | +10.3% | +9.9% | — |
| Alternatives average (391 funds) | -7.6% | -1.3% | -9.0% | -10.4% | -3.4% | -5.0% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.
No open-market insider buys in the holdings in the last 90 days.
Holdings · as of Nov 12, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | FTLS First Trust Long/Short Equity ETF | 21.37% |
| 2 | FAAR First Trust Alternative Absolute Return Strategy ETF | 21.36% |
| 3 | FMF First Trust Managed Futures Strategy Fund | 21.11% |
| 4 | LMBS First Trust Low Duration Opportunities ETF | 10.73% |
| 5 | FLSP Franklin Systematic Style Premia ETF | 9.88% |
| 6 | IEF iShares 7-10 Year Treasury Bond ETF | 7.74% |
| 7 | FTGC First Trust Global Tactical Commodity Strategy Fund | 7.66% |
| 8 | LALT US Dollar | 0.15% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Sep 24, 2026 | $0.0809 |
| Jun 25, 2026 | $0.0737 |
| Mar 26, 2026 | $0.5038 |
| Dec 12, 2025 | $0.3239 |
| Jun 26, 2025 | $0.0817 |
| Mar 27, 2025 | $0.0577 |
| Dec 13, 2024 | $0.3573 |
| Jun 27, 2024 | $0.0752 |
| Dec 22, 2023 | $0.3891 |
| Jun 27, 2023 | $0.0924 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in LALT in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error