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About First Trust Multi-Strategy Alternative ETF (LALT)

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.

Ticker
LALT
Exchange
ARCX

Company profile updated October 13, 2026.

Stored market snapshot

As of October 12, 2026. Daily closing data may differ from the live quote shown in the dashboard.

Stored daily close (USD)
$24.98

Research LALT

Compare the company’s price history and fundamentals in the dashboard. Explore disclosed trading and ownership activity in these research collections: