First Trust Mid Cap Core AlphaDEX Fund

First Trust Mid Cap Core AlphaDEX Fund is an exchange-traded fund designed to provide diversified exposure to U.S. mid-cap stocks. First Trust Mid Cap Core AlphaDEX Fund uses a rules-based, factor-driven approach that combines growth and value screens to select and weight holdings from the mid-cap segment, aiming for broad participation across sectors and industries. The fund typically holds a large portfolio of equities, with representation commonly spanning financials, industrials, technology, healthcare, consumer discretionary, and other cyclical sectors. As a passive core-style ETF, it is used by market participants seeking a structured way to access the mid-cap portion of the U.S. equity market through a transparent index-tracking vehicle. The fund is managed by First Trust Advisors L.P. and has been a long-standing product in the firm’s ETF lineup since 2007.