FTSM: First Trust Enhanced Short Maturity ETF - MutualFunds.com

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First Trust Enhanced Short Maturity ETF

FTSM - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 2.0%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $5.17 B
  • Holdings in Top 10 5.4%

52 WEEK LOW AND HIGH

$60.06
$57.71
$60.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 45.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare FTSM to Popular U.S. Ultrashort Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.04

0.00%

$21.65 B

1.43%

$0.14

0.10%

0.33%

$110.68

0.00%

$19.96 B

0.90%

$1.00

0.20%

0.15%

$9.98

0.00%

$19.30 B

-

$0.08

-0.40%

0.34%

$10.10

0.00%

$17.44 B

1.33%

$0.13

0.40%

0.30%

$10.05

0.00%

$16.42 B

1.54%

$0.15

0.10%

0.34%

FTSM - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.47%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Enhanced Short Maturity ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Aug 05, 2014
  • Shares Outstanding
    86099724
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeremiah Charles

Fund Description

Under normal market conditions, the Advisor 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. Normally 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. It is non-diversified.


FTSM - Performance

Return Ranking - Trailing

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -8.4% 1.8% 70.00%
1 Yr 1.3% -7.9% 3.4% 61.97%
3 Yr 2.0%* -1.2% 2.9% 52.36%
5 Yr 1.7%* 0.3% 3.3% 57.32%
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
2019 0.4% -0.3% 2.5% 55.38%
2018 -0.2% -2.5% 0.4% 28.57%
2017 0.1% -1.8% 100.0% 51.97%
2016 0.2% -1.0% 1.3% 69.05%
2015 -0.1% -2.6% 0.0% 10.00%

Total Return Ranking - Trailing

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -8.4% 1.8% 70.00%
1 Yr 1.3% -7.9% 3.4% 58.69%
3 Yr 2.0%* -1.2% 2.9% 50.26%
5 Yr 1.7%* 0.3% 3.3% 56.71%
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period FTSM Return Category Return Low Category Return High Rank in Category (%)
2019 0.4% -0.3% 2.5% 55.90%
2018 -0.2% -51.1% 2.0% 36.90%
2017 0.1% -1.8% 2.7% 57.24%
2016 0.2% -1.0% 2.9% 71.43%
2015 -0.1% -2.6% 1.9% 20.00%

FTSM - Holdings

Concentration Analysis

FTSM Category Low Category High FTSM % Rank
Net Assets 5.17 B 24.8 K 21.7 B 19.72%
Number of Holdings 639 1 1804 13.82%
Net Assets in Top 10 281 M -1.5 B 12.2 B 35.02%
Weighting of Top 10 5.41% 0.1% 100.0% 96.30%

Top 10 Holdings

  1. United States Treasury Bills 0% 0.97%
  2. United States Treasury Notes 1.5% 0.78%
  3. Flagship Cr Auto Tr 2020-4 0.53% 0.62%
  4. NXP BV/NXP Funding LLC 4.12% 0.60%
  5. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%
  6. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%
  7. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%
  8. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%
  9. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%
  10. Alexandria Real Estate E 0%, Due 10/07/2020 0.58%

Asset Allocation

Weighting Return Low Return High FTSM % Rank
Bonds
66.25% 0.00% 100.00% 65.44%
Cash
30.77% -0.53% 100.00% 30.88%
Convertible Bonds
2.71% 0.00% 13.88% 38.25%
Stocks
0.27% 0.00% 20.31% 1.84%
Preferred Stocks
0.00% 0.00% 0.12% 23.96%
Other
0.00% -9.11% 16.96% 35.48%

Stock Sector Breakdown

Weighting Return Low Return High FTSM % Rank
Real Estate
100.00% 0.00% 100.00% 11.11%
Utilities
0.00% 0.00% 51.97% 55.56%
Technology
0.00% 0.00% 20.03% 44.44%
Industrials
0.00% 0.00% 9.54% 44.44%
Healthcare
0.00% 0.00% 100.00% 55.56%
Financial Services
0.00% 0.00% 48.03% 55.56%
Energy
0.00% 0.00% 57.30% 77.78%
Communication Services
0.00% 0.00% 19.71% 77.78%
Consumer Defense
0.00% 0.00% 7.54% 44.44%
Consumer Cyclical
0.00% 0.00% 22.99% 77.78%
Basic Materials
0.00% 0.00% 2.30% 44.44%

Stock Geographic Breakdown

Weighting Return Low Return High FTSM % Rank
US
0.27% 0.00% 20.31% 1.38%
Non US
0.00% 0.00% 0.71% 23.96%

Bond Sector Breakdown

Weighting Return Low Return High FTSM % Rank
Corporate
50.98% 0.00% 99.89% 25.35%
Cash & Equivalents
30.86% 0.00% 100.00% 30.88%
Securitized
17.09% 0.00% 95.67% 62.67%
Government
1.07% 0.00% 100.00% 58.99%
Derivative
0.00% 0.00% 17.05% 28.11%
Municipal
0.00% 0.00% 83.27% 62.67%

Bond Geographic Breakdown

Weighting Return Low Return High FTSM % Rank
US
52.40% 0.00% 100.00% 64.06%
Non US
13.85% 0.00% 70.15% 51.15%

FTSM - Expenses

Operational Fees

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.08% 3.37% 58.37%
Management Fee 0.45% 0.00% 1.19% 93.12%
12b-1 Fee 0.00% 0.00% 1.00% 7.87%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FTSM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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 45.00% 0.00% 303.00% 22.39%

FTSM - Distributions

Dividend Yield Analysis

FTSM Category Low Category High FTSM % Rank
Dividend Yield 1.32% 0.00% 4.11% 8.72%

Dividend Distribution Analysis

FTSM Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FTSM Category Low Category High FTSM % Rank
Net Income Ratio 2.47% -0.20% 3.48% 26.42%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FTSM - Fund Manager Analysis

Managers

Jeremiah Charles


Start Date

Tenure

Tenure Rank

Aug 05, 2014

6.24

6.2%

Mr. Charles is a Portfolio Manager for the First Trust Mortgage Securities Team. Prior to joining First Trust in 2013, Mr. Charles was a Vice President of Mortgage Product Sales at CRT Capital and a Senior Portfolio Manager at Deerfield Capital Management.

Todd Larson


Start Date

Tenure

Tenure Rank

Aug 05, 2014

6.24

6.2%

Todd W. Larson, CFA, was born in 1964. Mr. Larson earned a B.A. in Business Administration from North Park College. He has been with First Trust Advisors L.P. since 2007 and he is a Portfolio Manager and Vice President. As head of FTA’s Fixed Income Group, Mr. Larson shall be responsible for implementation and execution of strategies involving fixed income securities on behalf of the Investment Committee. Prior to joining First Trust, Mr. Larson was a portfolio manager with ABN AMRO Asset Management, Horizon Cash Management and Van Kampen American Capital.

James Snyder


Start Date

Tenure

Tenure Rank

Aug 05, 2014

6.24

6.2%

Mr. Snyder is a Senior Vice President and Portfolio Manager for First Trust. Prior to joining First Trust in 2013, Mr. Snyder worked as a Senior Portfolio Manager at Fort Sheridan Advisors where he managed mortgage portfolios for institutional clients. Mr. Snyder has led several mortgage trading and portfolio groups at Deerfield Capital, Spyglass Capital & Trading and American Express Financial Advisors. Mr. Snyder holds a B.S. and M.A. in Economics from DePaul University and an MBA from University of Chicago Booth School of Business.

Eric Maisel


Start Date

Tenure

Tenure Rank

Sep 24, 2015

5.11

5.1%

ERIC R. MAISEL, VICE PRESIDENT OF FIRST TRUST PORTFOLIOS L.P. Eric R. Maisel joined First Trust Portfolios in March 2011 and is a Vice President and Fixed Income Portfolio Manager of First Trust. His previous positions include Senior Portfolio Manager for the Ascendant Structured Credit Opportunity Fund, Managing Director and Senior Portfolio Manager for the Black River Global Credit Fund, Vice President and Senior Trader for the Cargill Financial Markets Group and Senior Corporate Bond Trader for American General Corporation. Eric earned his B.A., summa cum laude, from the University of Pittsburgh, and his M.Sc. from Oxford University - which he attended on a British Marshall Scholarship. He is also a member of the CFA Society of Chicago and the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 30.85 5.49 4.72