First Trust Mid Cap Value AlphaDEX Fund (FNK)

First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund in the Small Value category. It has $231.48M in assets, an expense ratio of 0.74% and a 1.41% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select value stocks from the NASDAQ US 600 Mid Cap Index TM (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.