LALT Distribution History & Yield
First Trust Multi-Strategy Alternative ETF · NYSEArca
Upcoming distribution payments
No upcoming payment can be projected yet because LALT does not pay on a regular schedule.
Distribution payment history
Last 9 payments per share. RegularSpecial
Annual distributions per share
How much LALT do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,331 | $32,634 | $1,200 |
| $500 / month | 6,652 | $163,171 | $6,000 |
| $1,000 / month | 13,304 | $326,341 | $12,000 |
Based on the forward yield of 3.68%. $10,000 in LALT would currently pay about $368 a year ($31 a month on average). Model reinvestment and growth →
LALT distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jun 25, 2026 | — | $0.074 | -85.3% |
| Mar 26, 2026 | — | $0.504 | +55.6% |
| Dec 12, 2025 | — | $0.324 | +295.1% |
| Jun 26, 2025 | — | $0.082 | +41.4% |
| Mar 27, 2025 | — | $0.058 | -83.8% |
| Dec 13, 2024 | — | $0.357 | +376.0% |
| Jun 27, 2024 | — | $0.075 | -80.7% |
| Dec 22, 2023 | — | $0.389 | +322.8% |
| Jun 27, 2023 | — | $0.092 | — |
Payout risk check
LALT's last 12 distributions were highly variable (consistency score 24/100).
Its share price moved +11.2% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About First Trust Multi-Strategy Alternative ETF
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.
Fund family: First Trust. Category: Multistrategy. First distribution on our records: Jun 27, 2023. 9 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
LALT distribution FAQ
When is LALT's next ex-distribution date?
LALT has not announced its next ex-distribution date and its payments do not follow a regular schedule, so we do not estimate one. The most recent ex-date was Jun 25, 2026.
How often does LALT pay distributions?
LALT's distribution schedule is irregular: it has made 9 payments on our records, most recently $0.074 per share on Jun 25, 2026.
What is LALT's distribution yield?
LALT's trailing 12-month distribution yield is 3.68%, based on $0.902 per share paid over the last year and a share price of $24.53.
How much does LALT pay per share?
LALT pays about $0.074 per share per payment, which works out to roughly $0.902 per share a year. 100 shares would collect about $90.20 a year.
Has LALT grown or cut its distribution?
Over the last year the regular payout changed +81.5%. As a fund, LALT's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of LALT do I need to earn $100 a month?
At the current forward yield of 3.68%, you would need about 1,331 shares of LALT (roughly $32,634 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive on the fund’s schedule, so the monthly figure is an average.
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