FDIV : First Trust Strategic Income ETF

FDIV is a Allocation Market All-In-One with MODERATE fees.

FDIV

First Trust Strategic Income ETF

FI Score

28 /100

Diversification Rating

0 /10

Expense Ratio Rating

5 /10

Expense Rating

1 /10

Market Score

2 /10

Category Score

5 /10

Market Size

2 /10

28% FI Score
  • fdiv
  • ETF
  • Allocation
  • All-In-One

First Trust Strategic Income ETF

Expenses: 0.87% (Better than 1% of similar funds)

This is a bad choice for a All-In-One Allocation fund. See why ยป

Fund Summary

The investment seeks risk-adjusted income; capital appreciation is the secondary objective. The fund is a multi-manager, multi-strategy actively managed ETF. Its investment categories will be: (i) high yield corporate bonds, and first lien senior secured floating rate bank loans; (ii) mortgage-related investments; (iii) preferred securities; (iv) international sovereign bonds; (v) equity securities of Energy Infrastructure Companies, certain of which are referred to as master limited partnerships; and (vi) dividend paying U.S. exchange-traded equity securities of companies and depositary receipts. It is non-diversified.

Largest Holdings

Amount Holding
11.47% First Trust Preferred Securities and Income ETF
9.99% First Trust Tactical High Yield ETF
9.67% First Trust Emerging Markets Local Currency Bond ETF
9.39% First Trust Low Duration Opportunities ETF
5.43% iShares J.P. Morgan USD Emerging Markets Bond ETF
3.77% First Trust Institutional Preferred Securities and Income ETF
1.87% Enterprise Products Partners L.P
1.53% TC Energy Corporation
1.32% Magellan Midstream Partners, L.P
1.28% TC PipeLines, LP

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