FCEFFirst Trust Income Opportunity ETF

Get income9y track recordRanked #1,308 of 1,622 in this goal

Seeks current income with a secondary emphasis on total return.

By First Trust · Launched 2016

Annual Cost

3.69%

#5,546 of 5,562 · expensive

Fund Size

$79M

#3,153 of 5,562 · mid-size

Dividend YieldGoal

6.19%

Track Record

9 years

#1,487 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,649+16.5%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 32.4% of fund✓ well diversified

MSILF Treasury Portfolio

3.7%

Invesco Variable Rate Investment Grade ETF

3.6%

Eaton Vance Tax-Advantaged Global Dividend Income Fund

3.5%

abrdn Global Infrastructure Income Fund

3.3%

John Hancock Tax-Advantaged Dividend Income Fund

3.3%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

3.3%

Eaton Vance Tax-Advantaged Dividend Income Fund

3.2%

Gabelli Dividend & Income Trust/The

2.9%

Source Capital

2.9%

Cohen & Steers Infrastructure Fund Inc

2.7%

Asset allocation

Stocks

58.1%

Bonds

35.2%

Preferred

6.4%

Convertible

1.9%

By sector

Financial Services

25.4%

Utilities

14.3%

Energy

13.6%

Technology

12.9%

Healthcare

9.0%

Industrials

8.3%

Communication

4.7%

Consumer Cyclical

3.8%

Other

7.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

7.8%Low

Year-on-year price swings

Max drawdown

-44.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.14Strong risk-adjusted returns

Sortino (3Y)

1.57Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks current income with a secondary emphasis on total return.
Strategy: Invests primarily in closed-end funds and ETFs listed in the U.S. using a systematic approach to select based on various market metrics. The portfolio may include U.S. and non-U.S. equities, government and corporate debt, and other securities.
Inception date: September 27, 2016
Fund family: First Trust