Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.55% 0.15% 15.41M 4910.37
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.83% 74.00% -- Upgrade

Basic Info

Investment Strategy
The investment seeks to maximize long-term total return. Under normal market conditions, the fund seeks to invest 100% of its investment portfolio in investment grade securities. Investment grade securities are those securities that are, at the time of purchase, rated as 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 Intermediate Core Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
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
James Snyder 0.48 yrs
Jeremiah Charles 0.48 yrs
Nathan Simons 0.48 yrs
Owen Aronson 0.48 yrs
Scott Skowronski 0.48 yrs
Todd Larson 0.48 yrs

Performance Versus Category

 
20%
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10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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--
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Total Return (NAV)
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--
--
--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 09, 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
--
--
--
--
--
--
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-1.21%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-1.74%
3.98%
-1.60%
10.12%
7.48%
-2.03%
-13.98%
7.51%
-1.20%
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--
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--
-13.43%
6.65%
-1.79%
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--
--
--
-14.25%
6.37%
-1.32%
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--
--
--
--
--
-1.79%
As of May 09, 2024.

Asset Allocation

As of May 08, 2024.
Type % Net % Long % Short
Cash 2.96% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 97.04% 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 maximize long-term total return. Under normal market conditions, the fund seeks to invest 100% of its investment portfolio in investment grade securities. Investment grade securities are those securities that are, at the time of purchase, rated as 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 Intermediate Core Bond
Category Index --
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
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
James Snyder 0.48 yrs
Jeremiah Charles 0.48 yrs
Nathan Simons 0.48 yrs
Owen Aronson 0.48 yrs
Scott Skowronski 0.48 yrs
Todd Larson 0.48 yrs

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