FTCB

First Trust Core Investment Grade ETF

$21.34

+0.00%

Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The First Trust Core Investment Grade ETF (FTCB) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Intermediate Corporate Bond Index.

Overview

ETF tracking First Trust Core Investment Grade ETF

Category Corporate Bonds

Issuer First Trust

Inception Date 2023-11-08

Market Cap $1.4B

Average Volume N/A

Dividend Yield 3.71%

52-Week Range $20.36 - $21.60

VWAP $21.35

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 80% of its net assets (including investment borrowings) in investment-grade corporate bonds included in the Bloomberg Barclays U.S. Intermediate Corporate Bond Index. The index measures the performance of the intermediate-term, investment-grade U.S. corporate bond market.

✨ Key Features

Exposure to investment-grade corporate bonds with intermediate-term maturities
Seeks to track the performance of the Bloomberg Barclays U.S. Intermediate Corporate Bond Index
Low expense ratio of 0.00%
Relatively low risk profile compared to high-yield or long-term bond funds

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: The risk that the issuer of a bond may default on its obligations
Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The First Trust Core Investment Grade ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with intermediate-term maturities as part of a diversified fixed-income portfolio. It may be appropriate for investors with a moderate risk tolerance who are looking for a low-cost, passively managed bond fund.