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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.65% -0.00% 5.667B 515372.8
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 413.0% 683.37M Upgrade

Basic Info

Investment Strategy
The Fund seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its net assets in mortgage-related debt securities and other mortgage-related instruments.
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%

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Performance Versus Peer Group

 
20%
15%
10%
5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
1.62%
4.05%
1.64%
-0.91%
-3.07%
6.10%
5.15%
6.64%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
6.94%
1.56%
3.52%
3.04%
-0.60%
-3.86%
4.31%
4.00%
4.68%
1.06%
3.56%
3.23%
-0.72%
-3.86%
4.27%
4.20%
4.63%
1.56%
3.46%
3.11%
-0.64%
-3.87%
4.31%
3.65%
5.07%
1.46%
3.38%
3.03%
-0.71%
-3.88%
4.16%
3.92%
4.56%
As of December 08, 2025.

Asset Allocation

As of October 31, 2025.
Type % Net
Cash 4.60%
Stock 0.00%
Bond 98.38%
Convertible 0.00%
Preferred 0.00%
Other -2.98%
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Basic Info

Investment Strategy
The Fund seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its net assets in mortgage-related debt securities and other mortgage-related instruments.
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%

View Basic Info
Start Trial

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