| Previous Close | 20.56 |
| Open | 20.50 |
| Bid | 20.55 x 900 |
| Ask | 20.55 x 900 |
| Day's Range | 20.50 - 20.57 |
| 52 Week Range | 20.19 - 21.91 |
| Volume | 85,457 |
| Avg. Volume | 51,723 |
| Net Assets | 87.11M |
| NAV | 20.52 |
| PE Ratio (TTM) | N/A |
| Yield | N/A |
| YTD Daily Total Return | N/A |
| Beta (3Y Monthly) | 0.00 |
| Expense Ratio (net) | 0.86% |
| Inception Date | 2019-01-02 |
First Trust Advisors L.P. announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.
Last year, fixed income exchange traded funds accounted for nearly a third of all ETF inflows . With the Federal Reserve having raised interest rates four times, many of 2018's most popular bond ETFs were ...
UPDATED ON January 16, 2019: Direxion Launches 10 New Funds Five fixed-income ETFs appear on this week’s list, several of which use an “enhanced” strategy to provide investors with more bang for their buck. Enhanced yield strategies have become more popular among ETF issuers lately for their ability to generate yields that are 0.5% higher or greater than broad fixed-income benchmarks while maintaining similar levels of risk.
First Trust added to its lineup of fixed income exchange traded funds last week with the debut of the First Trust Low Duration Strategic Focus ETF (LDSF) , an actively managed ETF of ETFs. The new ETF “seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide the Fund with an effective portfolio duration of three years or less,” according to First Trust. LDSF's methodology includes both top-down and bottom-up analysis in an effort to find attractive fixed income opportunities with less interest rate risk.
First Trust Advisors expanded on its ETF suite with an actively managed low-duration fixed-income strategy that could provide less rate sensitivity during the rising interest rate environment ahead. The recently launched First Trust Low Duration Strategic Focus ETF (LDSF) comes with a 0.86% expense ratio.