First Trust Private Assets Fund - A (FTPAX) Fund Details & Analysis

Fund Information

Fund Category -

Fund Family First Investors

Fund Style -

ISIN US3206047058

CUSIP 320604705

Inception Date 1990-04-30

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $33.07 Million

Share Class Net Assets $32.51 Million

Expense Ratio 0.04%

Expense Ratio Date -

Dividend Yield 0.03%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.00%

1-Year Return 0.00%

3-Year Return 0.01%

5-Year Return 0.03%

NAV $12.46

Previous Close Price $15.11

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.03%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About First Trust Private Assets Fund - A

The investment seeks a high level of interest income that is exempt from both federal and state income tax for individual residents of the state of Pennsylvania. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings for investment purposes) will be invested in municipal securities that pay interest that is exempt from federal income tax and is not a tax preference item for purposes of the federal alternative minimum tax ("Tax Preference Item"), and any applicable state income tax for individual residents of the state of Pennsylvania.

Detailed Metrics

Market Cap Distribution

No market cap data available

Value & Growth Metrics

No value/growth data available

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
No allocation data available

Top Holdings

Name	Weight	Owned	Change
DELAWARE CNTY PA AUTH 5%	4.93%	-	-
UPPER ST CLAIR TWP PA SCH DIST 5%	4.85%	-	-
PITTSBURGH PA 5%	3.33%	-	-
ALLEGHENY CNTY PA SAN AUTH 5%	3.29%	-	-
WOODLAND HILLS SCH DIST PA 5%	3.26%	-	-
CHELTENHAM TWP PA SCH DIST 5%	3.25%	-	-
PENN DELCO PA SCH DIST 5%	3.24%	-	-
CENTRAL BRADFORD PROGRESS AUTH PA 5.5%	3.24%	-	-
SCRANTON PA SWR AUTH 5.25%	3.23%	-	-
PHILADELPHIA PA 5%	3.23%	-	-

See the full breakdown of FTPAX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
No sector data available

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
No world region data available

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
No dividend history available

View the full dividend history for FTPAX.

First Trust Private Assets Fund - A NMFQS:FTPAX