Key Takeaways
- • First Trust Advisors L.P. announced a quarterly distribution of $1.3394 per share for the First Trust Managed Futures Strategy Fund (FMF), with an ex-dividend date of December 17, 2024, and payable date of December 31, 2024.
- • First Trust Advisors manages approximately $264 billion in assets as of November 30, 2024, across ETFs, closed-end funds, and mutual funds.
- • FMF is an actively managed ETF seeking positive returns uncorrelated to broad equity or fixed income markets, with a net asset value of $252.89 million and a current yield of 5.10% as of the story date.
- • The fund maintains a low beta of 0.08 (5-year monthly), indicating minimal correlation to broader market movements, and carries a net expense ratio of 0.99%.
- • FMF stock traded at $51.09 at close on the story date, down $0.20 (-0.39%), with a 52-week range of $44.08 to $52.44.
Summary
First Trust Advisors L.P. has announced quarterly distributions across three exchange-traded funds, with the First Trust Managed Futures Strategy Fund (FMF) distributing $1.3394 per share to shareholders. The distribution carries an ex-dividend date and record date of December 17, 2024, with payment expected on December 31, 2024. Alongside FMF, First Trust Advisors announced distributions for the First Trust Alternative Absolute Return Strategy ETF (FAAR) at $0.3264 per share and the First Trust Global Tactical Commodity Strategy Fund (FTGC) at $0.1846 per share.
The fund operator, First Trust Advisors, is a federally registered investment advisor managing approximately $264 billion in assets as of November 30, 2024. The firm operates across multiple investment vehicles including exchange-traded funds, closed-end funds, and mutual funds, positioning itself as a significant player in the alternative investment space.
FMF is structured as an actively managed ETF employing a systematic trend-following strategy. The fund invests significantly in exchange-listed futures and seeks to generate positive returns that are not directly correlated to broad market equity or fixed income performance. As of the story date, FMF traded at $51.09 with net assets of $252.89 million and a net asset value of $51.44 per share. The fund exhibited a low beta of 0.08 (5-year monthly), reflecting minimal sensitivity to broader equity market movements. With a current yield of 5.10% and a net expense ratio of 0.99%, FMF provides income generation with moderate fees typical for actively managed alternatives. Year-to-date performance stood at 9.42% as of April 13, 2026, with a 52-week trading range between $44.08 and $52.44.
The fund operator, First Trust Advisors, is a federally registered investment advisor managing approximately $264 billion in assets as of November 30, 2024. The firm operates across multiple investment vehicles including exchange-traded funds, closed-end funds, and mutual funds, positioning itself as a significant player in the alternative investment space.
FMF is structured as an actively managed ETF employing a systematic trend-following strategy. The fund invests significantly in exchange-listed futures and seeks to generate positive returns that are not directly correlated to broad market equity or fixed income performance. As of the story date, FMF traded at $51.09 with net assets of $252.89 million and a net asset value of $51.44 per share. The fund exhibited a low beta of 0.08 (5-year monthly), reflecting minimal sensitivity to broader equity market movements. With a current yield of 5.10% and a net expense ratio of 0.99%, FMF provides income generation with moderate fees typical for actively managed alternatives. Year-to-date performance stood at 9.42% as of April 13, 2026, with a 52-week trading range between $44.08 and $52.44.
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