First Trust SSI Strat Convert Secs ETF (FCVT)

36.43 +0.43  +1.20% NASDAQ Jul 2, 20:00 Delayed 2m USD
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Key Stats

Net Asset Value 36.38
Discount or Premium to NAV 0.13%
Turnover Ratio 64.00%
1 Year Fund Level Flows 33.15M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 4.83% 4.88% 4.37% 36
3M 32.32% 31.31% 27.55% 37
6M 9.97% 9.39% 7.98% 53
YTD 10.90% 10.10% 8.77% 53
1Y 17.60% 16.94% 14.93% 47
3Y 11.68% 11.78% 10.90% 52
5Y -- -- 8.70% --
10Y -- -- 10.03% --
15Y -- -- 7.63% --
20Y -- -- 6.75% --
As of July 2, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 5.07% 5.07% 0.00%
Stock 2.60% 2.60% 0.00%
Bond 0.00% 0.00% 0.00%
Convertible 83.77% 83.77% 0.00%
Preferred 8.57% 8.57% 0.00%
Other 0.00% 0.00% 0.00%
As of July 2, 2020

Region Exposure

Americas 97.61%
North America 97.13%
Latin America 0.48%
Greater Europe 0.42%
United Kingdom 0.00%
Europe Developed 0.42%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 1.96%
Japan 0.00%
Australasia 0.00%
Asia Developed 1.73%
Asia Emerging 0.23%
Market Classification
% Developed Markets 99.29%
% Emerging Markets 0.71%
As of July 2, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

Stock Sector Exposure

Basic Materials 10.11%
Communication Services 0.00%
Consumer Cyclical 0.00%
Consumer Defensive 0.00%
Energy 0.00%
Financial Services 0.00%
Healthcare 7.31%
Industrials 44.14%
Real Estate 0.00%
Technology 0.00%
Utilities 38.44%
As of July 2, 2020

Stock Market Capitalization

Giant 0.00%
Large 0.00%
Medium 0.00%
Small 0.00%
Micro 0.00%
As of July 2, 2020

Stock Style Exposure

Large Cap Value --
Large Cap Blend --
Large Cap Growth --
Mid Cap Value --
Mid Cap Blend --
Mid Cap Growth --
Small Cap Value --
Small Cap Blend --
Small Cap Growth --
As of July 2, 2020

FCVT Bond Exposure

Government 0.00%
Corporate 94.80%
Securitized 0.00%
Municipal 0.00%
Cash 5.20%
Derivative 0.00%
As of July 2, 2020

FCVT Bond Credit Quality Exposure

AAA --
AA --
A --
BBB --
BB --
B --
Below B --
Not Rated --
Date Unavailable

FCVT Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.80%
91 to 182 Days 0.00%
183 to 364 Days 0.58%
1 to 3 Years 14.50%
3 to 5 Years 48.75%
5 to 7 Years 29.47%
7 to 10 Years 0.00%
10 to 15 Years 0.79%
15 to 20 Years 1.65%
20 to 30 Years 3.47%
Over 30 Years 0.00%
As of April 28, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Tesla Inc 2% 2.49% -- --
AVGOP Broadcom Inc 8% PRF CONVERT 30/09/2022 USD 1000 Ser A 2.02% -- --
-- Inphi Corp 0.75% 1.78% -- --
-- Tesla Inc 2.38% 1.73% -- --
-- Akamai Technologies, Inc. 0.13% 1.68% -- --
-- Coupa Software Incorporated 0.13% 1.64% -- --
-- Lumentum Holdings Incorporation 0.5% 1.39% -- --
-- Tesla Inc 1.25% 1.36% -- --
-- Microchip Technology Incorporated 1.63% 1.35% -- --
-- Wayfair Inc 1.13% 1.24% -- --
As of July 2, 2020
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Basic Info

Investment Strategy
The investment seeks total return. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S. and non-U.S. convertible securities. In general, convertible securities combine the investment characteristics of bonds and common stocks and typically consist of debt securities or preferred securities that may be converted or exchanged within a specified period of time into a certain amount of common stock or other equity security of the same or a different issuer. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Convertibles
Category Name Convertibles
Prospectus Objective Convertible Bond
Fund Owner Firm Name First Trust
Benchmark Index
ICE BofA All US Convertible TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Florian Eitner 4.66 yrs
George Douglas 4.66 yrs
Michael Opre 4.66 yrs
Ravi Malik 4.66 yrs
Stephen Wachtel 0.33 yrs

Net Fund Flows

1M 33.73M
3M 57.83M
6M 13.53M
YTD 13.53M
1Y 33.15M
3Y 162.89M
5Y --
10Y --
As of June 30, 2020

Risk Info

Beta (5Y) --
Max Drawdown (All) 29.90%
Historical Sharpe Ratio (10Y) --
Historical Sortino (All) 0.6479
30-Day Rolling Volatility 19.27%
Daily Value at Risk (VaR) 1% (All) 3.09%
Monthly Value at Risk (VaR) 1% (All) 16.08%

Fundamentals

General
Dividend Yield TTM (7-2-20) 1.46%
30-Day SEC Yield (5-29-20) 1.37%
7-Day SEC Yield --
Forecasted Dividend Yield --
Number of Holdings 143
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted PE Ratio --
Forecasted PS Ratio --
Forecasted Price to Book Value --
Number of Stock Holdings 7
Bond
Current Yield 1.24%
Yield to Maturity --
Effective Duration 1.81
Average Coupon 1.45%
Average Credit Score --
Average Price --
Number of Bond Holdings 0
As of July 2, 2020

Comparables

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Attributes

Key Dates
Inception Date 11/3/2015
Termination Date
Last Annual Report Date 10/31/2019
Last Prospectus Date 3/2/2020
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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