LGOVFirst Trust Long Duration Opportunities ETF

Stay safe Get income7y track recordRanked #34 of 343 in this goal

Generate current income with a focus on preservation of capital.

By First Trust · Launched 2019

Annual Cost

0.49%

#2,407 of 5,573 · average

Fund Size

$664M

#1,366 of 5,573 · large

Dividend YieldGoal

4.25%

Track Record

7 years

#1,866 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,520+5.2%

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 = 20.9% of fund✓ well diversified

Fannie Mae

3.0%

Freddie Mac

2.5%

Freddie Mac

2.1%

Fannie Mae

2.0%

Government National Mortgage A

2.0%

Freddie Mac

1.9%

Government National Mortgage A

1.9%

Fannie Mae

1.9%

Government National Mortgage A

1.8%

Fannie Mae

1.8%

Asset allocation

Bonds

97.7%

Cash

2.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.9%Low

Year-on-year price swings

Max drawdown

-30.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.03Below average

Sortino (3Y)

-0.04Moderate downside risk

Bond profile

Duration

3.2 years

Credit ratings

US Government

32.3%

AAA

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Generate current income with a focus on preservation of capital.
Strategy: Invests primarily in investment-grade debt securities issued or guaranteed by the U.S. government, including U.S. Treasury and mortgage-related securities. The Fund may also invest in ETFs that focus on these securities. Portfolio managers aim for a weighted average effective duration of eight or more years, using a top-down and bottom-up analysis to manage sector weights and individual security selection. Up to 20% of net assets may be in other debt securities, including high-yield and non-agency securities.
Inception date: January 22, 2019
Fund family: First Trust