FCVTFirst Trust SSI Strategic Convertible Securities ETF

Grow my money Get income10y track recordRanked #1,032 of 1,622 in this goal

Seeks total return.

By First Trust · Launched 2015

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$122M

#2,745 of 5,562 · mid-size

Return (1Y)Goal

+47.3%

Track Record

10 years

#1,363 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,356+43.6%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 26.1% of fund✓ well diversified

Dreyfus Government Cash Management

5.5%

LUMENTUM HOLDINGS INC

3.2%

WESTERN DIGITAL CORP

2.8%

BOEING CO/THE

2.8%

MORGAN STANLEY FIN LLC

2.2%

ALIBABA GROUP HOLDING

2.2%

SEAGATE HDD CAYMAN

2.0%

STRATEGY INC

1.8%

NEXTERA ENERGY CAPITAL

1.8%

MORGAN STANLEY FIN LLC

1.8%

Asset allocation

Convertible

85.1%

Preferred

11.2%

Stocks

2.5%

Cash

1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

17.0%Moderate

Year-on-year price swings

Max drawdown

-31.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.20Strong risk-adjusted returns

Sortino (3Y)

1.71Good downside protection

Bond profile

Duration

2.0 years

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks total return.
Strategy: Invests primarily in U.S. and non-U.S. convertible securities, combining characteristics of bonds and stocks. The strategy includes quantitative and fundamental analysis to select securities with potential for capital appreciation and income.
Inception date: November 3, 2015
Fund family: First Trust