Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.94% 0.27% 136.22M 120614.1
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 100.0% 97.22M 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

 
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
2019
2020
2021
2022
2023
2024
2025
YTD
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.09%
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0.12%
12.79%
4.25%
-1.25%
-10.33%
8.30%
4.16%
8.41%
0.42%
--
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-12.61%
9.90%
7.91%
9.56%
0.41%
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7.04%
0.01%
As of January 13, 2026.

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 4.48%
Stock 0.00%
Bond 98.59%
Convertible 0.00%
Preferred 0.00%
Other -3.07%
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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
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