First Trust Limited Duration Investment Grade Corporate ETFFirst Trust Limited Duration Investment Grade Corporate ETFFirst Trust Limited Duration Investment Grade Corporate ETF

First Trust Limited Duration Investment Grade Corporate ETF

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Key stats


Assets under management (AUM)
‪1.25 B‬USD
Fund flows (1Y)
‪423.26 M‬USD
Dividend yield (indicated)
4.59%
Discount/Premium to NAV
−0.2%

About First Trust Limited Duration Investment Grade Corporate ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.55%
Inception date
Nov 17, 2021
Index tracked
No Underlying Index
Management style
Active
FSIG offers exposure to short-term US investment-grade corporate debts. The actively managed fund includes notes, bonds, commercial papers, as well as senior loans issued by US companies of any market-cap. The funds strategy involves a combination of bottom-up and top-down analysis which evaluates each companys credit fundamentalsfrom cash flow consistency and valuation up to management quality, while at the same time looks into industry trends and macroeconomic perspective considering factors such as yield curve management, diversification, and relative value. The fund attempts to maintain a weighted average duration of within one year deviation from its benchmarkBloomberg US Corporate 1-5 Year Index. Additionally, the fund may invest up to 20% of its assets in high-yield corporate debts and floating-rate bonds.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate97.33%
Cash2.67%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.