First Trustconfluence Small Fund Quote

FOVAX Fund  USD 26.53  0.48  1.84%   

Performance

Modest

 
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Odds Of Distress

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Low
First Trustconfluence is trading at 26.53 as of the 24th of July 2025; that is 1.84% up since the beginning of the trading day. The fund's open price was 26.05. First Trustconfluence has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 25th of April 2025 and ending today, the 24th of July 2025. Click here to learn more.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the SP SmallCap 600 Index during the most recent 12-month period .. More on First Trustconfluence Small

Moving together with First Mutual Fund

  0.73FTMAX Franklin TempletonPairCorr
  0.67FTMCX First Trust MultiPairCorr
  0.72FDHIX First Trust ShortPairCorr
  0.73FDHCX First Trust ShortPairCorr
  0.73FDHAX First Trust ShortPairCorr

First Mutual Fund Highlights

Fund ConcentrationFirst Trust Funds, Large Funds, Small Blend Funds, Small Blend, First Trust (View all Sectors)
Update Date30th of June 2025
First Trustconfluence Small [FOVAX] is traded in USA and was established 24th of July 2025. First Trustconfluence is listed under First Trust category by Fama And French industry classification. The fund is listed under Small Blend category and is part of First Trust family. This fund currently has accumulated 23.93 M in assets under management (AUM) with no minimum investment requirementsFirst Trustconfluence is currently producing year-to-date (YTD) return of 2.79%, while the total return for the last 3 years was 2.22%.
Check First Trustconfluence Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trustconfluence Small Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top First Trustconfluence Small Mutual Fund Constituents

SJWSJW OldStockUtilities
FAROFARO TechnologiesStockInformation Technology
NWNNorthwest Natural GasStockUtilities
MRTNMarten TransportStockIndustrials
RMRRMR GroupStockReal Estate
CLBCore Laboratories NVStockEnergy
HCSGHealthcare Services GroupStockIndustrials
VBTXVeritex HoldingsStockFinancials
More Details

First Trustconfluence Risk Profiles

First Trustconfluence Against Markets

Other Information on Investing in First Mutual Fund

First Trustconfluence financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trustconfluence security.
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