MGOVFirst Trust Intermediate Government Opportunities ETF

Grow my money2y track recordRanked #1,294 of 2,960 in this goal

Seeks to maximize long-term total return.

By First Trust · Launched 2023

Annual Cost

0.49%

#2,404 of 5,562 · average

Fund Size

$101M

#2,943 of 5,562 · mid-size

Return (1Y)Goal

+6.4%

Track Record

2 years

#3,099 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,636+6.4%

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 = 27.6% of fund✓ well diversified

Fannie Mae

3.5%

Fannie Mae

3.4%

Fannie Mae

3.4%

Fannie Mae

2.9%

Fannie Mae

2.8%

Freddie Mac

2.4%

Fannie Mae

2.4%

Fannie Mae

2.3%

Freddie Mac - SLST

2.2%

MSILF Treasury Portfolio

2.2%

Asset allocation

Bonds

98.5%

Cash

1.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.5%Low

Year-on-year price swings

Max drawdown

-6.1%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

3.4 years

Avg maturity

8.8 years

Credit ratings

US Government

15.2%

AAA

99.3%

0.1%

0.4%

Other

0.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize long-term total return.
Strategy: Invests primarily in U.S. government securities, including Treasury bonds and mortgage-related securities, with at least 80% of net assets in these investments. The portfolio managers manage duration between three to eight years and utilize a top-down, bottom-up analysis for security selection. Up to 20% of net assets may be in other debt securities, including high-yield options. The Fund is classified as non-diversified under the 1940 Act.
Inception date: August 2, 2023
Fund family: First Trust