Fund Description
The First Trust Long Duration Opportunities ETFs (the "Fund") primary investment objective is to generate current income with a focus on preservation of capital. Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in a portfolio of investment-grade debt securities issued or guaranteed by the U.S. government, its agencies or government-sponsored entities, including publicly-issued U.S. Treasury securities and mortgage-related securities. The Fund may also invest in exchange-traded funds ("ETFs") that principally invest in such securities. The Fund may purchase mortgage-related securities in "to-be-announced" transactions ("TBA Transactions"), including mortgage dollar rolls.
Fund Profile
Fund Name First Trust Long Duration Opportunities ETF
Fund Exchange Ticker LGOV
Fund Sponsor First Trust
Fund ISIN US33738D6067
Net Expense Ratio 0.70 %
Fund Inception Date 22 January 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Treasury & Government
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 Treasury & Government
Credit Quality Investment Grade Only
Average Maturity Long (10 + years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 26 January 2021
Asset Under Management 37.12 Million (USD)
1 Month Total Return -1.02 %
Year To Date Return -1.45 %
1 Year Total Return 5.66 %
3 Year Annualized Total Return
NAV 28.55
Share Outstanding 1,300,000
Top 10 Holdings (26 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
US Dollar CASH 0.3353358531
US LONG BOND(CBT) Mar21 USH1 FUTR 0.1696095879
US ULTRA BOND CBT Mar21 WNH1 FUTR 0.0838384008
Fannie Mae or Freddie Mac TBA 2% due 07/01/2050 BOND 0.0558016155
GNMA Series 2010-61 Class KE 5% due 05/16/2040 BOND 0.0455759069
FHLMC Multifamily Structured Pass Though Certs. Series K158 Class A2 Variable rate due 12/25/2030 BOND 0.0362025833
U.S. Treasury Bond 1.25% due 05/15/2050 BOND 0.0353511424
Fannie Mae Series 2015-66 Class CL 3.50% due 07/25/2041 BOND 0.0287016163
Fannie Mae or Freddie Mac TBA 1.50% due 12/01/2050 BOND 0.0270975879
FHLMC Multifamily Structured Pass Through Certs. Series K120 Class XAM 1.21102% due 10/25/2030 BOND 0.0200638743