First Trust Large Cap Core AlphaDEX® Fund

First Trust Large Cap Core AlphaDEX® Fund is an exchange-traded fund designed to track the Nasdaq AlphaDEX Large Cap Core™ Index. It seeks investment results that correspond generally to the price and yield, before fees and expenses, of this enhanced equity index. The fund employs the proprietary AlphaDEX® selection methodology to choose approximately 375 large-cap stocks from the NASDAQ US 500 Large Cap Index, focusing on those with potential to generate positive alpha through a blend of growth, value, and momentum factors. Normally investing at least 90% of its net assets in index securities, it offers broad exposure across U.S. large capitalization companies spanning multiple sectors, including technology, industrials, consumer staples, and health care, as reflected in top holdings like Newmont Corp., Palantir Technologies, and Netflix. With an expense ratio of 0.60% and assets under management exceeding $1.4 billion, the fund plays a key role in providing investors diversified access to the core large-cap segment of the U.S. equity market, emphasizing risk-adjusted outperformance relative to traditional benchmarks. Launched in 2007, it maintains a tiered equal-weighted approach to balance sector influences and portfolio turnover.