Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.65% 0.44% 165.97M 207527.9
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
3.22% 7.00% -- Upgrade

Basic Info

Investment Strategy
The investment seeks to deliver current income and long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its objectives by investing at least 80% of its net assets in investment grade corporate debt securities. At least 80% of the fund’s net assets will be invested in corporate debt securities that are, at the time of purchase, investment grade (i.e., rated Baa3/BBB- or above) by at least one nationally recognized statistical rating organization (“NRSRO”) rating such securities, or if unrated, debt securities determined by the fund’s investment advisor to be of comparable quality. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Quality
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Eric Maisel 0.75 yrs
Jeffrey Scott 0.75 yrs
Nathan Simons 0.75 yrs
Scott Skowronski 0.75 yrs
Sebastian Arslanogullari 0.75 yrs
Todd Larson 0.75 yrs
William Housey 0.75 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
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Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of May 03, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
--
--
--
-1.41%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-2.06%
17.80%
-14.58%
29.59%
1.66%
1.40%
-22.01%
13.39%
-2.43%
6.12%
-3.04%
14.87%
11.35%
-1.64%
-15.88%
8.95%
-1.23%
15.76%
-12.34%
23.14%
6.71%
1.88%
-22.50%
9.09%
2.99%
13.59%
-6.88%
28.45%
2.76%
6.87%
-20.24%
9.59%
2.60%
As of May 03, 2024.

Asset Allocation

As of May 02, 2024.
Type % Net % Long % Short
Cash 2.99% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 97.01% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to deliver current income and long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its objectives by investing at least 80% of its net assets in investment grade corporate debt securities. At least 80% of the fund’s net assets will be invested in corporate debt securities that are, at the time of purchase, investment grade (i.e., rated Baa3/BBB- or above) by at least one nationally recognized statistical rating organization (“NRSRO”) rating such securities, or if unrated, debt securities determined by the fund’s investment advisor to be of comparable quality. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Quality
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Eric Maisel 0.75 yrs
Jeffrey Scott 0.75 yrs
Nathan Simons 0.75 yrs
Scott Skowronski 0.75 yrs
Sebastian Arslanogullari 0.75 yrs
Todd Larson 0.75 yrs
William Housey 0.75 yrs

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