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Morningstar

First Trust Alt Abs Ret Strat ETF FAAR

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FAAR

Will FAAR outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAAR’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAAR management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAAR’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in First Trust Alt Abs Ret Strat ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FAAR

More FAAR Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First Eagle Alternative Capital BDC Inc

22.97 30.4 Mil
Financial Services

United States Treasury Notes 0.375%

16.83 22.3 Mil
Government

United States Treasury Notes 0.25%

9.17 12.1 Mil
Government

United States Treasury Notes 0.25%

8.99 11.9 Mil
Cash and Equivalents

United States Treasury Notes 0.375%

8.89 11.8 Mil
Government

United States Treasury Notes 1%

8.81 11.7 Mil
Government

United States Treasury Notes 0.5%

8.68 11.5 Mil
Government

United States Treasury Notes 0.25%

8.56 11.3 Mil
Government

Morgan Stanley Instl Lqudty Trs Instl

3.55 4.7 Mil
Cash and Equivalents

Dreyfus Govt Cm Inst 289

3.55 4.7 Mil
Cash and Equivalents