LMBS First Trust Low Duration Opportunities ETF

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LMBS First Trust Low Duration Opportunities ETF

This is an actively managed fund that seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in investment grade, mortgage-related debt securities and other mortgage-related instruments tied to residential and commercial mortgages. The Fund targets an estimated effective duration of three (3) years or less. Although the Fund intends to invest primarily in investment grade securities, the Fund may invest up to 20% of its net assets (including investment borrowings) in securities of any credit quality, including securities that are below investment grade, which are also known as high yield securities, or commonly referred to as “junk” bonds, or unrated securities that have not been judged by the advisor to be of comparable quality to rated investment grade securities.

$47.40  -0.26 (-0.55%)
As of 09/30/2022 15:59:46 EST     IEX book   CBOE book

ETF Information
Sponsor:     First Trust
Category1:  US Fixed Income
Category2:  Mortgage backed
Category3:  Investment grade
Morningstar category:  Short-Term Bond
Leverage factor:  1.00
Inception date:  11/04/2014
Current yield:  1.93%
Historical average yield:  2.56%
Market cap:  $5,094,854,095
Average volume:  669,979
Fees:     0.6800%
Investment style: Actively managed

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