First Trust Limited Duration Investment Grade Corporate ETF (FSIG)
ARCA ARCA Primary Summary
FSIG Chart
First Trust Limited Duration Investment Grade Corporate ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 19,497 | $372,186.75 | $367,615.93 | -$4,570.82 | -1.23% |
 Jeff Ameen Spire Wealth Management | 25,204 | $473,611.08 | $474,843.36 | $1,232.28 | 0.26% |
| AWM Accurate Wealth Management LLC Accurate Wealth Management LLC | 88,136 | $1.67M | $1.66M | -$6,581.5 | -0.39% |
| JE Jean Elzayek Householder Group Estate & Retirement Specialist LLC | 488 | $9,171.22 | $9,206.12 | $34.9 | 0.38% |
 Christian Keedy Guardian Wealth Advisors LLC / Nc | 16,750 | $315,115 | $316,018.9 | $903.9 | 0.29% |
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust Limited Duration Investment Grade Corporate ETF ever had a stock split?
First Trust Limited Duration Investment Grade Corporate ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates a fund focused on investing primarily in investment grade corporate debt securities. The objective of the company is to maintain a portfolio composition that adheres closely to the parameters set by the Bloomberg U.S. Corporate 1-5 Year Index, specifically targeting an investment of at least 80% of its net assets in securities that fall within the investment-grade category. This stipulation is augmented with the flexibility to allocate up to 20% of its net assets in debt securities across any credit quality, thus allowing for a measure of diversification and potential enhancement of returns. The company emphasizes a strategic approach to portfolio construction, aiming to achieve a weighted average duration that is within +/- one year of its benchmark index, under normal market conditions. Despite its focused investment strategy, it is important to note that the fund is categorized as non-diversified, indicating a potentially higher level of risk and return due to its concentrated exposure.
Products and Services
- Investment in Investment Grade Corporate Debt Securities
- Flexible Investment in Varied Credit Quality Debt Securities
- Non-Diversified Fund Structure
The core component of the company’s portfolio is its substantial investment in investment grade corporate debt securities. This focus ensures that the majority of the fund's assets are allocated towards debt instruments that are deemed to have a lower risk of default, thereby aiming to provide a stable income stream to investors. By committing at least 80% of its net assets, the company underlines its commitment to securing assets that are perceived as relatively safe investments.
A distinct feature of the fund's strategy is its reserved flexibility to invest up to 20% of its net assets in debt securities of any credit quality. This allows the fund to venture into high-yield or lower-rated bonds as part of its strategy to potentially enhance portfolio returns. It's an acknowledgment of the dynamic nature of investment opportunities across the debt market spectrum, enabling the fund to capitalize on favorable conditions beyond the confines of investment-grade securities.
The fund is characterized by its non-diversified status, which points to a potentially more concentrated portfolio of investments. This structural aspect means that the fund may be more heavily invested in a smaller number of securities or sectors, which can lead to greater volatility and investment risk. However, it also suggests a strategy that can be more nimble and capable of achieving significant returns from a select group of investment opportunities.
