Rule 497(k)
File No. 333-140895
First Trust
Exchange-Traded AlphaDEX® Fund
|
Ticker Symbol:
|
FAB
|
Exchange:
|
The Nasdaq Stock Market LLC
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees
|
0.50%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.14%
|
Total Annual Fund Operating Expenses
|
0.64%
|
Fee Waiver and Expense Reimbursement(1)
|
0.00%
|
Net Annual Fund Operating Expenses
|
0.64%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$65
|
$205
|
$357
|
$799
|
|
Return
|
Period Ended
|
Best Quarter
|
28.70%
|
June 30, 2020
|
Worst Quarter
|
-37.95%
|
March 31, 2020
|
Year-to-Date
|
2.64%
|
September 30, 2023
|
|
1 Year
|
5 Years
|
10 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
-6.77%
|
5.77%
|
9.42%
|
7.07%
|
5/8/2007
|
Return After Taxes on Distributions
|
-7.47%
|
5.02%
|
8.69%
|
6.43%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-4.02%
|
4.13%
|
7.33%
|
5.50%
|
|
Nasdaq AlphaDEX® Multi Cap ValueTM Index(1) (reflects no
deduction for fees, expenses or taxes)
|
-6.23%
|
6.52%
|
N/A
|
N/A
|
|
Nasdaq US Multi Cap ValueTM Index(1) (reflects no deduction
for fees, expenses or taxes)
|
-9.69%
|
7.21%
|
N/A
|
N/A
|
|
S&P Composite 1500® Index (reflects no deduction for fees,
expenses or taxes)
|
-17.78%
|
9.15%
|
12.40%
|
8.34%
|
|
S&P Composite 1500® Value Index (reflects no deduction
for fees, expenses or taxes)
|
-5.47%
|
7.48%
|
10.85%
|
6.54%
|
|
J[G7>Z$*(CG=FW9X#=1ZC;JC2=2\A[[83 U*7<:$;=52[=B/
M_=MMG,J,C=@8S<+J(\J_C=G$2IQ=G.K=FA!JC>8P=-M<]J[:2/NK4>B[G5
M*\%/?*G>@W_'A3Q!/=LPNZ[;!K><;,+>A,*\7=B-'=R1;;LTBK]4G=SQ#=RY
MDLZ]G9/*L (I;Y)PX^B7[_*:O_DQ[_953?.?#J=L?]PS&LHS
M?_9J3K#<7N>?,/OW-?1!G_I$K[AU4\2Q7N3";.Y1[_N(GXS&FP-5D0/@
M6\F.R )=X14L4!]W @@J)X,G)H8D)8DE(HLBCA\B'9*1DAT;EQL9&7V
UMW/;@O<=3W
6ND
MW2*#\4/W@4U&(Y( B.+U259&T("5@5&(8+D $.5JE":981TKB,H]*K*/Y)MD
M!F9$C'\I8@-+(I$0"AB* !#! #+* =D4LO)A;)RC.& !! @ &*43TL.&-$0
MRBF*6PU!1K*4B3!3B,#D'9-?G+3A!AYY#&<28@,.0 UN4$ !#@@ TPPG!^_
M64FV2&"@YA1>!Y9$@">=0P FDL O&3+/')IBF.;)9'Y6Z4TXK@$;_OQ#!\;^
MR4Z0"& !&\55R$5CJA*9^)/-37G)
MU*9N +F#5D" ( [
end
3$LPPCQ4X9\-GO