Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.94% 0.29% 109.92M 69140.33
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 100.0% 77.79M Upgrade

Basic Info

Investment Strategy
The Fund seeks to maximize long-term income. The Fund will invest in structured credit investments. Structured credit investments are created through a securitization process, in which financial assets such as loans and mortgages are packaged into interest-bearing securities backed by those assets and issued to investors.
General
Security Type Exchange-Traded Fund
Equity Style --
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

 
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15%
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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
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.26%
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-1.50%
12.79%
4.25%
-1.25%
-10.33%
8.30%
4.16%
8.29%
-3.41%
12.19%
4.68%
3.10%
-13.06%
16.07%
7.05%
5.40%
As of December 19, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.17%
Stock 0.00%
Bond 101.4%
Convertible 0.00%
Preferred 0.00%
Other -1.54%
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Basic Info

Investment Strategy
The Fund seeks to maximize long-term income. The Fund will invest in structured credit investments. Structured credit investments are created through a securitization process, in which financial assets such as loans and mortgages are packaged into interest-bearing securities backed by those assets and issued to investors.
General
Security Type Exchange-Traded Fund
Equity Style --
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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