FCVT First Trust SSI Strategic Convertible Securities ETF

This is an actively managed fund that seeks to deliver total return by investing, under normal market conditions, at least 80% of its net assets in a diversified portfolio of U.S. and non-U.S. convertible securities. Convertible securities are an investment solution for investors seeking income and risk-managed capital appreciation potential. A convertible security is a debt instrument or preferred stock issued by a corporation that has an embedded conversion option that generally enables the security to be exchanged or converted into a predetermined number of shares of common stock.

$33.12  -0.19 (-0.57%)
As of 05/16/2022 15:56:29 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     First Trust
Category1:  Special Security Types
Category2:  Broad market
Category3:  
Morningstar category:  Convertibles
Leverage factor:  1.00
Inception date:  11/03/2015
Current yield:  3.93%
Historical average yield:  2.10%
Market cap:  $182,616,065
Average volume:  103,269
Fees:     0.9500%
Investment style: Actively managed