CAAAFirst Trust AAA CMBS ETF
Seeks to maximize long-term total return.
By First Trust · Launched 2024
Annual Cost
0.30%
#1,396 of 5,861 · low cost
Fund Size
$34M
#4,014 of 5,861 · small
Dividend YieldGoal
4.78%
Track Record
2 years
#3,362 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,403+4.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 17.4% of fund✓ well diversified
MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS
2.0%
CSMC 2019-UVIL
1.9%
BX TRUST 2025-DELC
1.8%
2023-MIC TRUST/THE
1.7%
BSTN COMMERCIAL MORTGAGE TRUST 2025-1C
1.7%
CENT TRUST 2025-CITY
1.7%
SWCH COMMERCIAL MORTGAGE TRUST 2025-DATA
1.7%
CHI COMMERCIAL MORTGAGE TRUST 2025-SFT
1.6%
NY COMMERCIAL MORTGAGE TRUST 2025-299P
1.6%
BBCMS 2018-TALL MORTGAGE TRUST
1.6%
Asset allocation
Bonds
97.6%
Cash
2.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (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
4.1 years
Credit ratings
US Government
27.7%
AAA
100.0%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to maximize long-term total return.
- Strategy
- Invests primarily in commercial mortgage-backed securities (CMBS) with a 'AAA' rating, employing a relative value approach to assess risk versus reward. Concentrates investments in the mortgage-related securities sector to achieve long-term total return.
- Inception date
- February 27, 2024
- Fund family
- First Trust
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Data updated on 2026-08-04