FAAR Holdings: First Top Holdings

The First Trust Alternative Absolute Return Strategy ETF (FAAR) reports 2 holdings. Its biggest position is First Eagle Alternative Capital BDC Inc (FCRD) at 20.19% of assets. The top 10 holdings account for 35.4% of the portfolio, a moderately concentrated portfolio.

2 positions carry a weight of 1% or more. Based on the weights listed, FAAR behaves like an equal-weighted fund of about 16 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.

Click any ticker to see that company's stock price, financials and news.