First Trust Mid Cap Value AlphaDEX Fund Price & Performance (FNK)

Recent trading shows increased institutional interest in the First Trust Mid Cap Core AlphaDEX Fund (FNX), with several new and expanded positions reported in the last quarter. The fund’s shares opened at $101.14 on Friday, reflecting a market cap of $1.02 billion and a dividend yield of 1.01%.12

Shares of First Trust Mid Cap Value AlphaDEX Fund (FNK) fell 2% this week, closing at $45.20. The fund recently cut its quarterly dividend, now yielding 1.55%. Year-to-date, FNK is down 6.0%, highlighting ongoing challenges for mid-cap value ETFs amid a volatile market.34

First Trust Multi Cap Value AlphaDEX Fund (FAB) has seen its share price drop to $80.24, near its 1-year low, as broader market volatility weighs on performance. The fund offers a 0.97% yield and maintains a Hold rating among analysts, with some suggesting stronger alternatives in the current environment.56