First Trust Alternative Opportunities Fund Sets Repurchase Payment

First Trust Alternative Opportunities Fund will distribute repurchase proceeds to shareholders on July 7, 2026, according to the fund's redemption schedule. The fund accepted repurchase requests through June 30, 2026, subject to a redemption cap of 5.0% of net asset value, or $172.07 million. The fund's net asset value stood at $3.44 billion as of the offering date.