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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Global Tactical Commodity Strategy Fund

FTGC | Active ETF

$23.69

$2.4 B

3.16%

$0.75

1.02%

Vitals

YTD Return

8.0%

1 yr return

3.9%

3 Yr Avg Return

6.0%

5 Yr Avg Return

10.2%

Net Assets

$2.4 B

Holdings in Top 10

78.6%

52 WEEK LOW AND HIGH

$23.6
$22.25
$24.89

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Global Tactical Commodity Strategy Fund

FTGC | Active ETF

$23.69

$2.4 B

3.16%

$0.75

1.02%

FTGC - Profile

Distributions

  • YTD Total Return 8.0%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.94%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Global Tactical Commodity Strategy Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Oct 21, 2013
  • Shares Outstanding
    170403334
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rob Guttschow

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, “Commodities Instruments”) through a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Fund will not invest directly in Commodities Instruments. The Fund expects to gain exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the Fund’s investment advisor.The Fund’s investment in the Subsidiary is intended to provide the Fund with exposure to commodity markets within the limits of current federal income tax laws applicable to investment companies such as the Fund, which limit the ability of investment companies to invest directly in Commodities Instruments. The Subsidiary has the same investment objective as the Fund, but unlike the Fund, it may invest without limitation in Commodities Instruments. Except as otherwise noted, for purposes of this prospectus, references to the Fund’s investments include the Fund’s indirect investments through the Subsidiary. The Fund will invest up to 25% of its total assets in the Subsidiary. The Fund will normally seek to maintain notional exposure to commodities close to 100% of its net asset value, but that may be adjusted downward at times for risk mitigation or other purposes in the discretion of the portfolio managers.The Subsidiary seeks to make investments generally in Commodities Instruments while managing volatility. Investment weightings of the underlying Commodities Instruments held by the Subsidiary are rebalanced in an attempt to stabilize risk levels. The dynamic weighting process is designed to result in a disciplined, systematic investment process, which is keyed off of the Fund’s investment advisor’s volatility forecasting process. Under certain market conditions, the Fund may reduce the notional exposure to commodities it derives from its derivatives positions to mitigate against risk.The Subsidiary’s holdings in Commodities Instruments will consist, in part, of futures contracts, which are contractual agreements to buy or sell a particular commodity or financial instrument at a pre-determined price in the future. The Subsidiary may also invest in commodity-linked instruments, which include: (1) ETFs that provide exposure to commodities; and(2) pooled investment vehicles that invest primarily in commodities and commodity-related instruments. The Subsidiary may have both long and short positions in Commodities Instruments. However, for a given Commodity Instrument the Subsidiary will provide a net long exposure. Net long exposure means to hold or be exposed to a security or instrument with the expectation that its value will increase over time. As U.S. and London exchanges list additional contracts, as currently listed contracts on those exchanges gain sufficient liquidity or as other exchanges list sufficiently liquid contracts, the Fund’s investment advisor will include those contracts in the list of possible investments of the Subsidiary. The list of Commodities Instruments and commodities markets considered for investment can and will change over time.The remainder of the Fund’s assets will primarily be invested in: (1) U.S. government and agency securities with maturities of two years or less, (2) short-term repurchase agreements; (3) money market instruments; (4) ETFs and other investment companies registered under the Investment Company Act of 1940, as amended (the “1940 Act”) or established and registered in Canada or any province thereof (5) Canadian ETFs; and (6) cash. The Fund uses such instruments as investments and to collateralize the Subsidiary’s Commodities Instruments exposure on a day-to-day basis. The Fund may also invest directly in ETFs and other investment companies, including closed-end funds, that provide exposure to Commodities Instruments, equity securities and fixed income securities to the extent permitted under the 1940 Act.The Fund may enter into repurchase agreements with counterparties that are deemed to present acceptable credit risks. A repurchase agreement is a transaction in which the Fund purchases securities or other obligations from a bank or securities dealer and simultaneously commits to resell them to a counterparty at an agreed-upon date or upon demand and at a price reflecting a market rate of interest unrelated to the coupon rate or maturity of the purchased obligations. The Fund may also enter into swap agreements, including total return swaps.
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FTGC - Performance

Return Ranking - Trailing

Period FTGC Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -31.6% 31.1% 17.19%
1 Yr 3.9% -42.1% 33.0% 21.09%
3 Yr 6.0%* -40.8% 276.4% 30.95%
5 Yr 10.2%* -29.6% 133.8% 30.89%
10 Yr 0.5%* -28.1% 47.2% 62.92%

* Annualized

Return Ranking - Calendar

Period FTGC Return Category Return Low Category Return High Rank in Category (%)
2023 -8.4% -64.0% 30.1% 54.69%
2022 6.2% -40.8% 2475.6% 20.47%
2021 19.3% -23.3% 106.7% 24.60%
2020 2.2% -71.9% 295.5% 37.40%
2019 5.5% -31.8% 53.9% 68.03%

Total Return Ranking - Trailing

Period FTGC Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -31.6% 31.1% 17.19%
1 Yr 3.9% -42.1% 33.0% 21.09%
3 Yr 6.0%* -40.8% 276.4% 30.95%
5 Yr 10.2%* -29.6% 133.8% 30.89%
10 Yr 0.5%* -28.1% 47.2% 62.92%

* Annualized

Total Return Ranking - Calendar

Period FTGC Return Category Return Low Category Return High Rank in Category (%)
2023 -5.4% -64.0% 41.1% 45.31%
2022 17.4% -15.1% 5648.8% 33.07%
2021 27.9% -23.3% 188.1% 61.11%
2020 2.2% -67.8% 296.1% 39.84%
2019 6.4% -31.8% 53.9% 74.59%

FTGC - Holdings

Concentration Analysis

FTGC Category Low Category High FTGC % Rank
Net Assets 2.4 B 2.34 M 27.6 B 12.10%
Number of Holdings 45 1 1009 53.91%
Net Assets in Top 10 1.87 B 2.66 M 30.7 B 17.97%
Weighting of Top 10 78.63% 17.2% 169.5% 51.61%

Top 10 Holdings

  1. United States Treasury Note/Bond 12.64%
  2. Dreyfus Government Cash Management 11.07%
  3. MSILF Treasury Portfolio 11.07%
  4. United States Treasury Note/Bond 7.34%
  5. United States Treasury Note/Bond 7.23%
  6. United States Treasury Note/Bond 6.91%
  7. United States Treasury Note/Bond 6.25%
  8. United States Treasury Note/Bond 6.02%
  9. United States Treasury Note/Bond 5.89%
  10. United States Treasury Bill 4.21%

Asset Allocation

Weighting Return Low Return High FTGC % Rank
Bonds 		69.06% 0.00% 127.91% 25.78%
Cash 		31.93% 0.00% 101.92% 44.44%
Stocks 		0.00% 0.00% 49.72% 91.41%
Preferred Stocks 		0.00% 0.00% 0.08% 87.30%
Convertible Bonds 		0.00% 0.00% 3.89% 91.20%
Other 		-0.99% -7.17% 100.19% 67.46%

Bond Sector Breakdown

Weighting Return Low Return High FTGC % Rank
Cash & Equivalents 		22.14% 0.00% 100.00% 51.75%
Securitized 		0.00% 0.00% 19.62% 91.15%
Corporate 		0.00% 0.00% 42.72% 92.92%
Municipal 		0.00% 0.00% 1.45% 85.84%
Government 		0.00% 0.00% 100.00% 98.23%
Derivative 		-0.99% -7.17% 100.19% 56.14%

Bond Geographic Breakdown

Weighting Return Low Return High FTGC % Rank
US 		69.06% 0.00% 116.12% 26.19%
Non US 		0.00% 0.00% 12.98% 89.68%

FTGC - Expenses

Operational Fees

FTGC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.21% 5.23% 56.00%
Management Fee 0.95% 0.00% 1.75% 91.08%
12b-1 Fee 0.00% 0.00% 1.00% 26.32%
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

FTGC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FTGC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FTGC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 162.00% 34.56%

FTGC - Distributions

Dividend Yield Analysis

FTGC Category Low Category High FTGC % Rank
Dividend Yield 3.16% 0.00% 19.94% 35.67%

Dividend Distribution Analysis

FTGC Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

FTGC Category Low Category High FTGC % Rank
Net Income Ratio -0.94% -55.71% 52.26% 77.60%

Capital Gain Distribution Analysis

FTGC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Distributions History

View More +

FTGC - Fund Manager Analysis

Managers

Rob Guttschow

Start Date

Tenure

Tenure Rank

Oct 21, 2013

8.61

8.6%

Rob A. Guttschow, CFA, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, Mr. Guttschow was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, Mr. Guttschow co-directed investment activities including research, product development, trading, portfolio management and performance attribution. Previously, Mr. Guttschow was an Overlay Manager and Senior Portfolio Manager at Nuveen Asset Management. While there, he developed Nuveen’s buy-side derivative desk for fixed income and equity portfolio hedging. He was born in 1968 and earned a B.S. in Materials/Ceramic Engineering and a MBA from the University of Illinois in Urbana/Champaign.

John Gambla

Start Date

Tenure

Tenure Rank

Oct 21, 2013

8.61

8.6%

John W. Gambla, CFA, FRM, PRM, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, he was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, he co-directed investment activities including research, product development, trading, portfolio management and performance attribution. John also led the research systems and infrastructure development for Nuveen HydePark Group LLC. Previously, he was a Senior Trader and Quantitative specialist at Nuveen Asset Management. While there, he was responsible for trading all derivatives for the 120+ municipal mutual funds with Nuveen Asset Management. John W. Gambla, has served in a variety of roles throughout his career including: portfolio management, research, business development and strategy development. He was born in 1966 and earned a B.S. in Genetics and Developmental Biology and a B.A. in Finance from the University of Illinois at Urbana/Champaign and an MBA from the University Of Chicago Booth School Of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 17.03 6.11 11.51

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