DEED First Trust TCW Securitized Plus ETF

This is an actively managed fund that seeks to maximize long-term total return. Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in securitized debt securities, including asset-backed securities, residential and commercial mortgage-backed securities and collateralized loan obligations ("CLOs"). The Fund's investment sub-advisor, TCW Investment Management Company LLC ("TCW" or the "Sub-Advisor") seeks to outperform the Bloomberg Barclays U.S. Mortgage-Backed Securities Index over a full market cycle through the utilization of independent, bottom-up research to identify securities that are undervalued and that offer a superior risk/reward profile. Under normal conditions, the Fund's average portfolio duration varies within two years (plus or minus) of the portfolio duration of the securities comprising the Bloomberg Barclays U.S. Mortgage-Backed Securities Index.

$23.22  +0.02 (0.09%)
As of 08/12/2022 15:59:52 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     First Trust
Category1:  US Fixed Income
Category2:  Mortgage backed
Category3:  Unconstrained
Morningstar category:  
Leverage factor:  1.00
Inception date:  04/30/2020
Current yield:  1.66%
Historical average yield:  1.79%
Market cap:  $190,302,547
Average volume:  44,392
Fees:     0.6500%
Investment style: Actively managed