LALT Distribution History & Yield

First Trust Multi-Strategy Alternative ETF · NYSEArca

ETF Multistrategy Semi-annual payer
$24.88
+0.36% today
as of Oct 25, 2026
TTM yield
2.65%
$0.659/share over the last 12 months, plus $0.324 in special distributions
Forward yield
0.65%
$0.162/share indicated annual rate
Annual distribution
$0.162
per share, forward
Per payment
$0.081
per share, every half-year
Frequency
Semi-annual
2 payments a year
Next ex-distribution date
Mar 25, 2027 Estimated
in 151 days
Next pay date
Apr 8, 2027
in 165 days
Last ex-distribution date
Sep 24, 2026
$0.081 per share
Expense ratio
1.18%
AUM 389.5M
Consistency
0/100
highly variable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
1 yr
consecutive annual raises
Years paying
3.3
since Jun 27, 2023
1y total return
+12.1%
price +9.2% + distributions 2.9%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Mar 25, 2027 (in 151 days) Apr 8, 2027 $0.081 $8.10 Estimated
Thu, Sep 23, 2027 (in 333 days) Oct 7, 2027 $0.081 $8.10 Estimated

Estimated dates and amounts are projected from LALT's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.162 per share.

Distribution payment history

Last 10 payments per share. RegularSpecial

Last 10 payments per share from Jun 27, 2023 to Sep 24, 2026; most recent $0.081$0.00$0.30$0.60Jun 27, 2023: $0.092Jun '23Dec 22, 2023: $0.389 (special)Jun 27, 2024: $0.075Jun '24Dec 13, 2024: $0.357 (special)Mar 27, 2025: $0.058Mar '25Jun 26, 2025: $0.082Dec 12, 2025: $0.324 (special)Dec '25Mar 26, 2026: $0.504Jun 25, 2026: $0.074Jun '26Sep 24, 2026: $0.081

Annual distributions per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$0.40$0.802023: $0.092$0.09220232024: $0.075$0.07520242025: $0.14$0.1420252026 (YTD): $0.659$0.6592026 YTD

How much LALT do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month7,408$184,296$1,200
$500 / month37,038$921,481$6,000
$1,000 / month74,075$1,842,963$12,000

Based on the forward yield of 0.65%. $10,000 in LALT would currently pay about $65 a year ($5 a month on average). Model reinvestment and growth →

LALT distribution history

Download CSV
Ex-datePay dateAmountChange
Sep 24, 2026 — $0.081 +9.5%
Jun 25, 2026 — $0.074 -85.3%
Mar 26, 2026 — $0.504 +514.6%
Dec 12, 2025 — $0.324 Special —
Jun 26, 2025 — $0.082 +41.4%
Mar 27, 2025 — $0.058 -22.7%
Dec 13, 2024 — $0.357 Special —
Jun 27, 2024 — $0.075 -18.5%
Dec 22, 2023 — $0.389 Special —
Jun 27, 2023 — $0.092 —

Payout risk check

Distribution stabilityElevated risk

LALT's last 12 distributions were highly variable (consistency score 0/100).

Its share price moved +9.2% 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. 10 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

LALT distribution FAQ

When is LALT's next ex-distribution date?

LALT's next ex-distribution date is Mar 25, 2027 (in 151 days, estimated from its semi-annual schedule). You must own the shares before that date to receive the payment of about $0.081 per share, expected on Apr 8, 2027.

How often does LALT pay distributions?

LALT pays distributions twice a year, 2 times a year. The most recent payment was $0.081 per share with an ex-date of Sep 24, 2026.

What is LALT's distribution yield?

LALT's trailing 12-month distribution yield is 2.65%, based on $0.659 per share paid over the last year and a share price of $24.88. The forward yield, using the indicated annual rate of $0.162 per share, is 0.65%.

How much does LALT pay per share?

LALT pays about $0.081 per share each half-year, which works out to roughly $0.162 per share a year. 100 shares would collect about $16.20 a year.

Has LALT grown or cut its distribution?

LALT has raised its annual distribution for 1 consecutive year. Over the last year the regular payout changed +370.7%.

How many shares of LALT do I need to earn $100 a month?

At the current forward yield of 0.65%, you would need about 7,408 shares of LALT (roughly $184,296 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive twice a year, so the monthly figure is an average.

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