UCONFirst Trust Smith Unconstrained Plus Bond ETF
Seeks to maximize long-term total return.
By First Trust · Launched 2018
Annual Cost
0.86%
#4,602 of 5,853 · expensive
Fund Size
$3.3B
#562 of 5,853 · large
Dividend YieldGoal
4.69%
Track Record
8 years
#1,718 of 5,853 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,302+3.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
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
96.6%
Preferred
3.3%
Cash
0.2%
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)
0.47Below average
Sortino (3Y)
0.67Moderate downside risk
Bond profile
Duration
5.3 years
Avg maturity
9.9 years
Credit ratings
US Government
14.1%
AAA
27.1%
AA
1.3%
A
10.4%
BBB
27.9%
BB
25.1%
B
7.8%
Below B
0.4%
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
Similar funds
Same asset class, closest by strategy & exposureWhat's next?
You've looked at UCON. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-02