LMBSFirst Trust Low Duration Opportunities ETF

Get income11y track recordRanked #403 of 1,622 in this goal

The Fund's primary investment objective is to generate current income.

By First Trust · Launched 2014

Annual Cost

0.66%

#3,374 of 5,562 · average

Fund Size

$6.3B

#389 of 5,562 · large

Dividend YieldGoal

4.10%

Track Record

11 years

#1,243 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,480+4.8%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 11.2% of fund✓ well diversified

Freddie Mac

1.9%

TREASURY BILL

1.3%

Fannie Mae

1.2%

Freddie Mac

1.0%

US TREASURY N/B

1.0%

Government National Mortgage A

1.0%

Fannie Mae

1.0%

Government National Mortgage A

1.0%

TSY INFL IX N/B

0.9%

TREASURY BILL

0.9%

Asset allocation

Bonds

85.6%

Cash

14.4%

Other

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.9%Low

Year-on-year price swings

Max drawdown

-6.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.79Decent risk-adjusted returns

Sortino (3Y)

1.12Good downside protection

Bond profile

Duration

3.8 years

Avg maturity

8.9 years

Credit ratings

AAA

98.5%

0.6%

0.3%

BBB

0.2%

Below B

0.0%

Other

0.3%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: The Fund's primary investment objective is to generate current income.
Strategy: Invests primarily in mortgage-related debt securities, targeting at least 60% of net assets in these investments. The Fund may also invest in cash, cash equivalents, and non-mortgage direct obligations of the U.S. government. It aims for an effective duration of three years or less, utilizing various strategies including mortgage dollar rolls and TBA Transactions. The Fund may invest in securities of any credit quality, including high yield and unrated securities, while primarily focusing on investment grade securities.
Inception date: November 4, 2014
Fund family: First Trust