First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

• Market cap: $280M
• 1 day: 1.16%
• 5 days: 3.33%
• 1 month: -0.71%
• 3 months: -4.19%
• 6 months: -9.24%
• Year to date: -0.45%
• 1 year: 1.35%
• 5 years: -5.28%
• 10 years: 14.36%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

4% less funds holding

Funds holding: 75 [Q2] → 72 (-3) [Q3]

8.92% less ownership

Funds ownership: 73.37% [Q2] → 64.45% (-8.92%) [Q3]

11% less capital invested

Capital invested by funds: $241M [Q2] → $214M (-$26.8M) [Q3]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7