First Trust meets the industry standard for stewardship, but it could do more to align itself with investors. It earns an Average Parent rating.
First Trust
First Trust Investments
Market
US Open-end ex MM ex FoF ex FeederTotal Net Assets
3.09 BilInvestment Flows (TTM)
1.60 BilAsset Growth Rate (TTM)
108.99%# of Share Classes
17
Morningstar Rating
|
# of Share Classes
|
|---|---|
| 0 | |
| 5 | |
| 6 | |
| 5 | |
| 0 | |
| Not Rated | 1 |
0%
25
50
Name
|
Morningstar Rating Overall
|
5-Year Category Rank
|
|---|---|---|
| First Trust Multi-Strategy Cl A | 11 | |
| FirstTrust Merger Arbitrage Cl A | 33 | |
| First Trust Multi-Strategy Cl I | 5 | |
| First Trust Merger Arbitrage Cl I | 25 | |
| First Trust Preferred Sec & Inc I | 65 |
The Morningstar Star Rating for Funds is a purely quantitative measure of a fund's past performance, measured from one to five stars.
Star ratings are calculated at the end of every month.
Investments must have at least 36 continuous months of total returns to receive a rating.
Morningstar Mentions
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Quick Definitions: Key Morningstar Terms
Morningstar Rating™ for Funds
The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.
Morningstar Analyst Rating for Funds™
The Morningstar Analyst Rating` for funds is a forward-looking, qualitative rating. It helps investors find funds most likely to outperform their peers over a full market cycle.
Percentile Rank
Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.