First Trust SSI Strat Convert Secs ETF (FCVT)
33.16
+0.11
(+0.33%)
USD |
NASDAQ |
Apr 26, 13:51
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | 0.21% | 72.56M | 26073.07 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 1.77% | 90.00% | -40.31M | Upgrade |
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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| ICE BofA All US Convertible TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Florian Eitner | 8.42 yrs |
| George Douglas | 8.42 yrs |
| Michael Opre | 8.42 yrs |
| Ravi Malik | 8.42 yrs |
| Stephen Wachtel | 4.08 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| ICE BofA All US Convertible TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Florian Eitner | 8.42 yrs |
| George Douglas | 8.42 yrs |
| Michael Opre | 8.42 yrs |
| Ravi Malik | 8.42 yrs |
| Stephen Wachtel | 4.08 yrs |