First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

• Market cap: $233M
• 1 day: 1.94%
• 5 days: 4.50%
• 1 month: -8.66%
• 3 months: -3.56%
• 6 months: -8.77%
• Year to date: -5.09%
• 1 year: -6.65%
• 5 years: 31.07%
• 10 years: 0.28%

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.71% less ownership

Funds ownership: 64.03% [Q3] → 63.31% (-0.71%) [Q4]

5% less funds holding

Funds holding: 73 [Q3] → 69 (-4) [Q4]

16% less capital invested

Capital invested by funds: $214M [Q3] → $180M (-$33.3M) [Q4]

19% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 26