| Fund Description |
| The investment objective of the First Trust TCW Unconstrained Plus Bond ETF (the "Fund") is to seek to maximize long-term total return. Under normal market conditions, the Fund intends to invest at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. The Funds investment sub-advisor, TCW Investment Management Company LLC ("TCW" or the "Sub-Advisor"), will manage the Funds portfolio in an "unconstrained" manner, meaning that its investment universe is not limited to the securities of any particular index and it has discretion to invest in fixed income securities of any type or credit quality, including up to 70% in high yield (or "junk") securities, up to 60% in emerging market securities and up to 50% in securities denominated in foreign currencies. Additionally, under normal market conditions, the Funds average portfolio duration will vary from between 0 to 10 years. Duration is a measure of the expected price volatility of a fixed income security as a result of changes in market rates of interest. |
| Fund Profile |
| Fund Name |
First Trust TCW Unconstrained Plus Bond ETF |
| Fund Exchange Ticker |
UCON |
| Fund Sponsor |
First Trust |
| Fund ISIN |
US33740F8885 |
| Net Expense Ratio |
0.76 % |
| Fund Inception Date |
4 June 2018 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Broad Market |
| Asset Class |
Bonds |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
| Bond Type |
Broad Market |
| Credit Quality |
Fund Holds Both Investment Grade & High Yield |
| Average Maturity |
Fund Holds All Maturity Ranges |
| Bond Currency Denomination |
Multiple Currencies |
| Key Statistics |
| Return As of Date |
28 June 2022 |
| Asset Under Management |
1195.85 Million (USD) |
| 1 Month Total Return |
-2.51 % |
| Year To Date Return |
-6.70 % |
| 1 Year Total Return |
-6.75 % |
| 3 Year Annualized Total Return |
0.80 % |
| NAV |
24.43 |
| Share Outstanding |
48,950,000 |
| Top 10 Holdings (28 June 2022) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| US 5YR NOTE (CBT) Sep22 |
FVU2 |
FUTR |
0.1105516999 |
| U.S. Treasury Bill 0% due 07/07/2022 |
|
BILL |
0.0862319137 |
| Derivatives offset |
|
OTHR |
0.0645210388 |
| U.S. Treasury Bill 0% due 07/14/2022 |
|
BILL |
0.0412033701 |
| Fannie Mae or Freddie Mac TBA 3% due 05/01/2052 |
|
BOND |
0.0409530296 |
| Fannie Mae or Freddie Mac TBA 2.50% due 03/01/2052 |
|
BOND |
0.0258549007 |
| Fannie Mae or Freddie Mac TBA 2% due 03/01/2052 |
|
BOND |
0.0245688052 |
| Fannie Mae or Freddie Mac TBA 2.50% due 03/01/2052 |
|
BOND |
0.0210452684 |
| U.S. Treasury Bill 0% due 11/10/2022 |
|
BILL |
0.0181202683 |
| U.S. Treasury Bill 0% due 10/06/2022 |
|
BILL |
0.0149793612 |