AFGR ETF — First Trust Multi-Manager Large Growth ETF

First Trust Multi-Manager Large Growth ETF (AFGR)

Updated October 2, 2026.

AFGR is a low-cost ETF. its trailing-12-month yield is 0.01%. Total return is 92.9% over the past 6.2 years, 63.4 points behind SPY at 156.3%.

First Trust Multi-Manager Large Growth ETF is an equity fund that tracks large-cap growth stocks through a multi-manager strategy. The fund has a low current distribution rate and does not maintain a regular distribution schedule, though it has made special distributions in the past that should not be expected to recur. This fund appeals to growth-oriented investors seeking exposure to large-cap equities rather than those prioritizing steady income.

AFGR performance versus SPY

Price and return data through 2026-10-02.

Total return is 92.9% over the past 6.2 years, 63.4 points behind SPY at 156.3%. Over the past year its total return — price change plus distributions reinvested — is 5.4%. Its deepest 1-year drawdown was 19.9%.

AFGR key facts

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

07/21/2020

Trailing yield

0.01%

Last close

$38.36 (as of 2026-10-02)

AUM

$91,450,081

Average volume

52300.0

Last dividend

$0.0052

Last ex-dividend date

09/24/2026

Last payment date

09/30/2026

Beta

1.3393

P/E ratio

36.1249

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.01%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AFGR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 19.9%.

Who may consider AFGR — and who may not

AFGR may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from First Trust.