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Name

As of 11/20/2024

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 Enhanced Short Maturity ETF

FTSM | Active ETF

$59.90

$6.69 B

4.83%

$2.89

0.45%

Vitals

YTD Return

4.6%

1 yr return

5.5%

3 Yr Avg Return

3.6%

5 Yr Avg Return

2.4%

Net Assets

$6.69 B

Holdings in Top 10

8.7%

52 WEEK LOW AND HIGH

$59.9
$59.55
$60.15

Expenses

OPERATING FEES

Expense Ratio 0.45%

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 11/20/2024

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 Enhanced Short Maturity ETF

FTSM | Active ETF

$59.90

$6.69 B

4.83%

$2.89

0.45%

FTSM - Profile

Distributions

  • YTD Total Return 4.6%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Enhanced Short Maturity ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Aug 05, 2014
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the Fund intends to achieve its investment objective by investing at least 80% of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate debt securities, including securities issued or guaranteed by the U.S. government or its agencies, instrumentalities or U.S. government-sponsored entities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. corporate bonds, fixed income securities issued by non-U.S. corporations and governments, municipal obligations, privately issued securities and other debt securities bearing fixed or floating interest rates. The Fund may also invest in money market securities.The Fund’s investment advisor selects securities for the portfolio by evaluating fixed income sectors and macro market trends while completing bottom-up analysis of individual securities. Portfolio securities are selected based upon relative value in the context of overall portfolio duration. Key inputs for the screens in the securities selection process include, but are not limited to, credit quality, yield, interest rate sensitivity and liquidity. The Fund’s holdings are systematically monitored for meaningful changes in performance and risk measures. A security will generally be sold when the Fund’s investment advisor believes that a security can be substituted for a similar investment that represents better relative value; it lacks adequate compensation for embedded credit risk; or when rebalancing the portfolio to maintain diversification.At least 80% of the Fund’s net assets will be invested in debt securities that are, at the time of purchase, investment grade. For an unrated security to be considered investment grade, the Fund’s investment advisor will consider, at the time of purchase, whether such security is of comparable quality based on fundamental credit analysis of the unrated security and comparable securities that are rated by a nationally recognized statistical rating organization (“NRSRO”).Under normal market conditions, the Fund’s portfolio is expected to have an average duration of less than one year and an average maturity of less than three years. Maturity is measured differently depending on the type of debt security. For asset-backed securities and mortgage-related securities, maturity is calculated using weighted average life, which is the estimated time to principal paydown for each underlying instrument held by the Fund, weighted according to the relative holdings per instrument. For all other debt securities, maturity is calculated using dollar-weighted average maturity, which is the average length of time to maturity. Duration is a measure of the expected price volatility of a debt instrument as a result of changes in market rates of interest, based on, among other factors, the weighted average timing of the instrument’s expected principal and interest payments. Duration differs from maturity in that it considers a security’s yield, coupon payments, principal payments, call features and coupon adjustments in addition to the amount of time until the security finally matures. In general, duration represents the expected percentage change in the value of a security for an immediate 1% change in interest rates. For example, if a portfolio of debt securities has an average duration of three years, its value can be expected to fall about 3% if interest rates rise by 1%. Conversely, the portfolio’s value can be expected to rise about 3% if interest rates fall by 1%. As a result, prices of instruments with shorter durations tend to be less sensitive to interest rate changes than instruments with longer durations. As the value of a security changes over time, so will its duration.The Fund may invest in asset-backed securities and mortgage-related securities. Asset-backed securities are fixed income securities that are backed by a pool of assets, usually loans such as installment sale contracts or credit card receivables. Mortgage-related securities are asset-backed securities based on a particular type of asset, a mortgage. There are a wide variety of mortgage-related securities involving commercial or residential, fixed rate or adjustable rate mortgages and mortgages issued by banks or government agencies. The Fund intends to limit its investments in privately-issued, non-agency sponsored mortgage- and asset-backed securities to 20% of its net assets.The Fund may invest up to 20% of its net assets in floating rate loans representing amounts borrowed by companies or other entities from banks and other lenders. A significant portion of these loans may be rated below investment grade or unrated. Floating rate loans held by the Fund may be senior or subordinate obligations of the borrower and may or may not be secured by collateral.The Fund may invest in investment companies, such as exchange-traded funds (“ETFs”), that invest primarily in debt securities. The debt securities held by the investment companies in the Fund’s portfolio will be counted towards the requirement that the Fund invest 80% of its net assets in debt securities. The Fund may invest in ETFs that are advised by First Trust Advisors LP, the Fund’s investment advisor.
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FTSM - Performance

Return Ranking - Trailing

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% N/A N/A N/A
1 Yr 5.5% N/A N/A N/A
3 Yr 3.6%* N/A N/A N/A
5 Yr 2.4%* N/A N/A N/A
10 Yr 2.0%* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
2023 0.4% N/A N/A N/A
2022 -0.6% N/A N/A N/A
2021 -0.4% N/A N/A N/A
2020 -0.1% N/A N/A N/A
2019 0.4% N/A N/A N/A

Total Return Ranking - Trailing

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% N/A N/A N/A
1 Yr 5.5% N/A N/A N/A
3 Yr 3.6%* N/A N/A N/A
5 Yr 2.4%* N/A N/A N/A
10 Yr 2.0%* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% N/A N/A N/A
2022 1.0% N/A N/A N/A
2021 0.0% N/A N/A N/A
2020 1.1% N/A N/A N/A
2019 2.8% N/A N/A N/A

FTSM - Holdings

Concentration Analysis

FTSM Category Low Category High FTSM % Rank
Net Assets 6.69 B N/A N/A N/A
Number of Holdings 401 N/A N/A N/A
Net Assets in Top 10 535 M N/A N/A N/A
Weighting of Top 10 8.68% N/A N/A N/A

Top 10 Holdings

  1. United States Treasury Note/Bond 1.22%
  2. United States Treasury Note/Bond 1.07%
  3. AUTONATION INC 08/01/2024 1.05%
  4. TARGA RESOURCES CORP 1.05%
  5. FMC CORP 0%, due 08/ 0.83%
  6. T-Mobile US Trust 2022-1 0.78%
  7. Jabil Inc 0.73%
  8. Freddie Mac Multifamily Structured Pass Through Certificates 0.67%
  9. Verizon Master Trust 0.65%
  10. Republic Services Inc 0.63%

Asset Allocation

Weighting Return Low Return High FTSM % Rank
Bonds 		88.15% N/A N/A N/A
Other 		12.21% N/A N/A N/A
Stocks 		0.41% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Cash 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High FTSM % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High FTSM % Rank
US 		0.41% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High FTSM % Rank
Derivative 		0.00% N/A N/A N/A
Cash & Equivalents 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High FTSM % Rank
US 		88.15% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

FTSM - Expenses

Operational Fees

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% N/A N/A N/A
Management Fee 0.45% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FTSM 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.

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

FTSM - Distributions

Dividend Yield Analysis

FTSM Category Low Category High FTSM % Rank
Dividend Yield 4.83% N/A N/A N/A

Dividend Distribution Analysis

FTSM Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

FTSM Category Low Category High FTSM % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

FTSM Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

FTSM - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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