First Trust AAA CMBS ETF (CAAA)
20.62
+0.02
(+0.12%)
USD |
NYSEARCA |
Dec 11, 12:15
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.55% | 0.10% | 25.66M | 6582.93 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 92.00% | 9.228M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize long-term total return. Under normal market conditions, the Fund will primarily invest at least 80% of its net assets (plus any borrowings for investment purposes) in commercial mortgage-backed securities (CMBS) with a "AAA" rating (or equivalent) at the time of purchase. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 11, 2025.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.77% |
| Stock | 0.00% |
| Bond | 98.57% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.66% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize long-term total return. Under normal market conditions, the Fund will primarily invest at least 80% of its net assets (plus any borrowings for investment purposes) in commercial mortgage-backed securities (CMBS) with a "AAA" rating (or equivalent) at the time of purchase. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |