UCONFirst Trust Smith Unconstrained Plus Bond ETF
Seeks to maximize long-term total return.
By First Trust · Launched 2018
Annual Cost
0.86%
#4,425 of 5,562 · expensive
Fund Size
$3.3B
#551 of 5,562 · large
Dividend YieldGoal
4.66%
Track Record
8 years
#1,750 of 5,562 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,508+5.1%
Total-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 26.4% of fund✓ well diversified
US TREASURY N/B
5.2%
US TREASURY N/B
3.7%
Freddie Mac
3.1%
US TREASURY N/B
2.9%
US TREASURY N/B
2.3%
TSY INFL IX N/B
2.1%
US TREASURY N/B
1.9%
US TREASURY N/B
1.8%
US TREASURY N/B
1.8%
US TREASURY N/B
1.7%
Asset allocation
Bonds
95.3%
Preferred
4.0%
Cash
0.7%
Convertible
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.0%Low
Year-on-year price swings
Max drawdown
-15.3%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.57Decent risk-adjusted returns
Sortino (3Y)
0.82Moderate downside risk
Bond profile
Duration
5.4 years
Avg maturity
9.9 years
Credit ratings
US Government
11.0%
AAA
26.4%
AA
2.4%
A
10.7%
BBB
27.9%
BB
24.0%
B
8.4%
Below B
0.2%
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to maximize long-term total return.
- Strategy
- Invests primarily in fixed income securities without index constraints, including high yield and emerging market bonds. The strategy involves bottom-up security selection and macroeconomic assessments to adjust risk exposure.
- Inception date
- June 4, 2018
- Fund family
- First Trust
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Data updated on 2026-06-19