Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.85% 0.05% 3.139B 508666.1
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 305.0% -314.52M Upgrade

Basic Info

Investment Strategy
The Fund seeks to maximize long-term total return. The Sub-Advisor will manage the Funds portfolio in an unconstrained manner, meaning that its investment universe is not limited to the securities of any particular index and it has discretion to invest in fixed income securities of any type or credit quality.
General
Security Type Exchange-Traded Fund
Broad Asset Class Taxable Bond
Broad Category Alternative Strategies
Global Peer Group Alternative Credit Focus
Peer Group Alternative Credit Focus Funds
Global Macro Alternative Bond
US Macro Alternative Bond Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Credit Focus Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Performance Versus Peer Group

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Peer Group Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Peer Group (NAV)
--
--
--
--
--
--
--
--

Annual Total Returns Versus Peers

Loading chart...
Name
2018
2019
2020
2021
2022
2023
2024
YTD
--
7.39%
6.53%
1.02%
-5.72%
7.71%
4.69%
6.51%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.04%
-5.31%
4.12%
2.94%
-1.87%
-5.73%
3.20%
0.31%
4.30%
-2.67%
9.96%
8.32%
1.18%
-9.48%
9.16%
6.05%
8.49%
As of December 12, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.71%
Stock 0.00%
Bond 99.44%
Convertible 0.00%
Preferred 0.20%
Other 1.08%
View Asset Allocation
Start Trial

Basic Info

Investment Strategy
The Fund seeks to maximize long-term total return. The Sub-Advisor will manage the Funds portfolio in an unconstrained manner, meaning that its investment universe is not limited to the securities of any particular index and it has discretion to invest in fixed income securities of any type or credit quality.
General
Security Type Exchange-Traded Fund
Broad Asset Class Taxable Bond
Broad Category Alternative Strategies
Global Peer Group Alternative Credit Focus
Peer Group Alternative Credit Focus Funds
Global Macro Alternative Bond
US Macro Alternative Bond Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Credit Focus Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Top Portfolio Holders