Morningstar

First Trust Mutual Funds

View all of First Trust’s mutual funds and start searching for your next investment. Below are pre-screened investment lists to kickstart the process. All lists can be further sorted by data points such as Morningstar Ratings, Total Return Rankings, Fee Level Rating and Morningstar Category.

First Trust Funds List

Share Class Type

1 to 18 of 18 Results

Name
Ticker
Morningstar Category
Morningstar Rating for Funds
Overall
Morningstar Sustainability Rating
Total Return
YTD
Total Return Rank in Category
YTD
Adjusted Expense Ratio
Fee Level
Distribution
Share Class Type
Minimum Initial Investment
First Trust Merger Arbitrage Cl IVARBXEvent Driven—4.52%391.490%Above AverageInstitutional$500,000
First Trust Multi-Strategy Cl AFTMAXMultistrategy—6.62%302.100%HighFront Load$5,000
First Trust Multi-Strategy Cl CFTMCXMultistrategy—6.10%432.850%HighLevel Load$1,000
First Trust Multi-Strategy Cl IFTMIXMultistrategy—6.89%241.810%Above AverageInstitutional$100,000
First Trust Preferred Sec & Inc AFPEAXPreferred Stock11.30%411.370%Above AverageFront Load$2,500
First Trust Preferred Sec & Inc FFPEFXPreferred Stock11.44%381.300%HighNo Load$2,500
First Trust Preferred Sec & Inc IFPEIXPreferred Stock11.69%251.080%Above AverageInstitutional$1.0 Mil
First Trust Merger Arbitrage Cl CVARCXEvent Driven———2.560%HighLevel Load$1,000
First Trust Preferred Sec & Inc CFPECXPreferred Stock10.75%682.100%Above AverageLevel Load$2,500
First Trust Preferred Sec & Inc R3FPERXPreferred Stock11.09%461.650%HighRetirement, Medium$0
FirstTrust Merger Arbitrage Cl AVARAXEvent Driven—4.32%471.810%Above AverageFront Load$1,000
First Trust Short Duration High Inc AFDHAXBank Loan—5.70%751.250%HighFront Load$2,500
First Trust Short Duration High Inc IFDHIXBank Loan—5.90%611.000%HighInstitutional$1.0 Mil
First Trust/Confluence Small Cap Val AFOVAXSmall Blend6.96%681.600%HighFront Load$2,500
First Trust/Confluence Small Cap Val IFOVIXSmall Blend7.14%651.350%HighInstitutional$1.0 Mil
First Trust Short Duration High Inc CFDHCXBank Loan—5.11%952.000%HighLevel Load$2,500
First Trust/Confluence Small Cap Val CFOVCXSmall Blend6.32%752.350%HighLevel Load$2,500
First Trust Managed Municipal ICWAIXMuni National Interm——3.36%330.650%HighInstitutional$1.0 Mil

First Trust Funds - Default List Criteria

This list shows only funds that are open to new purchases or limited and does not include funds that are closed to new investments.

Quick Definitions: Key Morningstar Terms

  • Morningstar Medalist Rating for Funds

    The Morningstar Medalist Rating for funds is a five-tier system used to assess a fund's ability to outperform its Morningstar Category index after fees.

  • Category

    A category is a way to group investments based on similar risk, return, and behavior profiles.

  • Morningstar Rating™ for Funds

    The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.

  • Percentile Rank

    Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.

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