CAAAFirst Trust AAA CMBS ETF

Get income2y track recordRanked #963 of 1,622 in this goal

Seeks to maximize long-term total return.

By First Trust · Launched 2024

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$32M

#3,968 of 5,562 · small

Dividend YieldGoal

5.04%

Track Record

2 years

#3,450 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,514+5.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Multi strategy

What it actually holds

By weight

Concentration

Top 10 holdings = 19.7% of fund✓ well diversified

MSILF Treasury Portfolio

3.7%

Credit Suisse Mortgage Trust

1.9%

BX Trust

1.9%

THE 2023-MIC Trust

1.8%

BSTN Commercial Mortgage Trust

1.8%

Centragas

1.8%

SWCH Commercial Mortgage Trust

1.7%

CHI Commercial Mortgage Trust

1.7%

NY Commercial Mortgage Trust

1.7%

Barclays Commercial Mortgage S

1.6%

Asset allocation

Bonds

98.4%

Cash

1.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.1%Low

Year-on-year price swings

Max drawdown

-2.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.0 years

Credit ratings

US Government

25.3%

AAA

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize long-term total return.
Strategy: Invests primarily in AAA-rated commercial mortgage-backed securities (CMBS) and employs a relative value approach to assess risk and reward. The portfolio aims for a duration within +/- two years of the Bloomberg Non-Agency Investment Grade CMBS Index.
Inception date: February 27, 2024
Fund family: First Trust