Fund Description
The First Trust Enhanced Short Maturity ETF uses an actively managed strategy that invests in short-duration securities, which are primarily U.S. dollar-denominated, investment-grade securities. The fund will be invested across a broad range of asset classes to maintain diversification and at least 80% of the fund s assets will be investment-grade securities at the time of purchase.
Fund Profile
Fund Name First Trust Enhanced Short Maturity ETF
Fund Exchange Ticker FTSM
Fund Sponsor First Trust
Fund ISIN US33739Q4082
Net Expense Ratio 0.40 %
Fund Inception Date 6 August 2014
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 Investment Grade Only
Average Maturity <1 year
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 October 2020
Asset Under Management 5172.01 Million (USD)
1 Month Total Return 0.04 %
Year To Date Return 1.00 %
1 Year Total Return 1.40 %
3 Year Annualized Total Return 1.99 %
NAV 60.07
Share Outstanding 86,099,700
Top 10 Holdings (28 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
U.S. Treasury Note 1.50% due 11/30/2021 BOND 0.0079000000
SMITHFIELD FOODS INC 0% due 10/29/2020 BOND 0.0070000000
ENERGY TRANSFER OPER LP 0% due 10/29/2020 BOND 0.0068000000
Flagship Credit Auto Trust Series 2020-4 Class A 0.53% due 04/15/2025 BOND 0.0062000000
TRANSCANADA PIPELINES 0% due 12/15/2020 BOND 0.0060000000
Verizon Owner Trust Series 2020-B Class A 0.85% due 02/20/2025 BOND 0.0057000000
ENBRIDGE ENERGY PARTNERS 4.20% due 09/15/2021 BOND 0.0051000000
NUTRIEN LTD 0% due 11/20/2020 BOND 0.0050000000
VERIZON COMMUNICATIONS Variable rate due 03/16/2022 BOND 0.0050000000
CVS HEALTH CORP 3.35% due 03/09/2021 BOND 0.0050000000