FIXD

First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF

$44.38

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The First Trust Smith Opportunistic Fixed Income ETF (FIXD) seeks to provide current income.

Overview

ETF tracking First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF

Category Fixed Income

Issuer First Trust

Inception Date 2017-02-15

Market Cap $3.4B

Average Volume N/A

Dividend Yield 3.64%

52-Week Range $42.40 - $44.95

VWAP $44.41

Performance

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Investment Summary

📎 Investment Objective

The First Trust Smith Opportunistic Fixed Income ETF (FIXD) seeks to provide current income.

🎯 Investment Strategy

The fund invests primarily in a portfolio of fixed-income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The portfolio is actively managed, with the goal of generating attractive risk-adjusted returns.

✨ Key Features

Actively managed fixed income portfolio
Diversified exposure to government, corporate, and mortgage-backed bonds
Aims to provide current income as the primary investment objective
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of fixed-income securities may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the bonds it holds
Liquidity risk: Some fixed-income securities may be difficult to sell, especially during periods of market stress
Active management risk: The fund's performance depends on the skill of the portfolio managers in selecting and managing the securities

👤 Best For

This ETF may be suitable for investors seeking current income from a diversified fixed-income portfolio, and who have a moderate risk tolerance. It may be appropriate as a core fixed-income holding or as a complement to a broader investment portfolio.