Fund Description
The First Trust TCW Opportunistic Fixed Income ETF is an actively managed exchange-traded fund. The Funds investment objective is to seek to maximize long-term total return. Under normal market conditions, the Fund pursues its objective by investing at least 80% of its net assets (including investment borrowings) in fixed income securities of any credit quality.
Fund Profile
Fund Name First Trust TCW Opportunistic Fixed Income ETF
Fund Exchange Ticker FIXD
Fund Sponsor First Trust
Fund ISIN US33740F8059
Net Expense Ratio 0.55 %
Fund Inception Date 14 February 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
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 Developed Market Funds
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 574.78 Million (USD)
1 Month Total Return 1.68 %
Year To Date Return 5.70 %
1 Year Total Return 8.29 %
3 Year Annualized Total Return
NAV 51.32
Share Outstanding 11,200,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
VIACOM INC 3.875% due 04/01/2024 BOND
WELLTOWER INC 4% due 06/01/2025 BOND
ZIMMER BIOMET HOLDINGS 2.70% due 04/01/2020 BOND
ABBVIE INC 4.875% due 11/14/2048 BOND
AIR LEASE CORP 3.50% due 01/15/2022 BOND
BAT CAPITAL CORP 4.54% due 08/15/2047 BOND
BAYER US FINANCE LLC 3.375% due 10/08/2024 BOND
CELGENE CORP 4.625% due 05/15/2044 BOND
FONDO MIVIVIENDA SA 3.50% due 01/31/2023 BOND