First Trust TCW Unconstrained Plus Bond ETF
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
8.1%
3 Yr Avg Return
1.8%
5 Yr Avg Return
2.7%
Net Assets
$2.11 B
Holdings in Top 10
28.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
UCON - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.90%
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFirst Trust TCW Unconstrained Plus Bond ETF
-
Fund Family NameFirst Trust Advisors L.P
-
Inception DateJun 04, 2018
-
Shares Outstanding47650002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Kane
Fund Description
UCON - Performance
Return Ranking - Trailing
Period | UCON Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -10.3% | 16.6% | 77.66% |
1 Yr | 8.1% | -4.5% | 27.2% | 76.43% |
3 Yr | 1.8%* | -17.2% | 16.2% | 31.91% |
5 Yr | 2.7%* | -14.5% | 14.0% | 36.94% |
10 Yr | N/A* | -7.2% | 6.7% | 8.10% |
* Annualized
Return Ranking - Calendar
Period | UCON Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.6% | -12.0% | 8.9% | 56.09% |
2022 | -8.6% | -31.8% | 18.4% | 24.33% |
2021 | -1.2% | -16.2% | 25.7% | 41.01% |
2020 | 3.1% | -31.1% | 18.7% | 34.64% |
2019 | 3.9% | -6.1% | 15.3% | 59.12% |
Total Return Ranking - Trailing
Period | UCON Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -10.3% | 16.6% | 77.66% |
1 Yr | 8.1% | -4.5% | 27.2% | 76.43% |
3 Yr | 1.8%* | -17.2% | 16.2% | 31.91% |
5 Yr | 2.7%* | -14.5% | 14.0% | 36.94% |
10 Yr | N/A* | -7.2% | 6.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | UCON Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.7% | -6.9% | 22.2% | 53.62% |
2022 | -5.7% | -31.8% | 21.1% | 28.28% |
2021 | 1.0% | -13.5% | 49.9% | 67.16% |
2020 | 6.5% | -28.6% | 24.1% | 40.50% |
2019 | 7.4% | -4.8% | 19.1% | 65.26% |
UCON - Holdings
Concentration Analysis
UCON | Category Low | Category High | UCON % Rank | |
---|---|---|---|---|
Net Assets | 2.11 B | 2.53 M | 143 B | 28.57% |
Number of Holdings | 1057 | 4 | 9195 | 24.88% |
Net Assets in Top 10 | 823 M | -204 M | 80.4 B | 25.19% |
Weighting of Top 10 | 28.31% | 5.8% | 265.8% | 46.87% |
Top 10 Holdings
- Dreyfus Government Cash Management 7.00%
- Federal Home Loan Bank Discount Notes 4.38%
- United States Treasury Bill 2.64%
- United States Treasury Bill 2.61%
- Federal Home Loan Bank Discount Notes 2.53%
- United States Treasury Bill 2.23%
- United States Treasury Note/Bond 2.09%
- United States Treasury Bill - WI Post Auction 1.83%
- United States Treasury Bill 1.70%
- Ginnie Mae 1.28%
Asset Allocation
Weighting | Return Low | Return High | UCON % Rank | |
---|---|---|---|---|
Bonds | 92.46% | 0.00% | 199.60% | 44.17% |
Other | 11.42% | -73.61% | 147.15% | 30.17% |
Cash | 7.00% | -94.66% | 91.07% | 29.24% |
Convertible Bonds | 1.37% | 0.00% | 33.50% | 47.12% |
Stocks | 0.00% | -6.18% | 99.66% | 71.70% |
Preferred Stocks | 0.00% | 0.00% | 26.42% | 93.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | UCON % Rank | |
---|---|---|---|---|
Securitized | 44.79% | 0.00% | 99.65% | 17.50% |
Corporate | 22.82% | 0.00% | 96.66% | 66.13% |
Government | 16.12% | 0.00% | 99.43% | 38.84% |
Cash & Equivalents | 7.00% | 0.00% | 88.00% | 26.05% |
Municipal | 0.14% | 0.00% | 54.26% | 31.62% |
Derivative | 0.02% | -73.61% | 147.15% | 48.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | UCON % Rank | |
---|---|---|---|---|
US | 91.23% | 0.00% | 199.60% | 30.17% |
Non US | 1.24% | 0.00% | 74.14% | 55.37% |
UCON - Expenses
Operational Fees
UCON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.03% | 20.67% | 70.54% |
Management Fee | 0.85% | 0.00% | 2.29% | 77.47% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 15.56% |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
UCON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
UCON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 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.
UCON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | 13.69% |
UCON - Distributions
Dividend Yield Analysis
UCON | Category Low | Category High | UCON % Rank | |
---|---|---|---|---|
Dividend Yield | 5.10% | 0.00% | 23.30% | 49.00% |
Dividend Distribution Analysis
UCON | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
UCON | Category Low | Category High | UCON % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.90% | -1.55% | 11.51% | 81.20% |
Capital Gain Distribution Analysis
UCON | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 22, 2024 | $0.105 | OrdinaryDividend |
Sep 26, 2024 | $0.105 | OrdinaryDividend |
Aug 21, 2024 | $0.105 | OrdinaryDividend |
Jul 23, 2024 | $0.105 | OrdinaryDividend |
Jun 27, 2024 | $0.100 | OrdinaryDividend |
Apr 23, 2024 | $0.100 | OrdinaryDividend |
Mar 21, 2024 | $0.100 | OrdinaryDividend |
Feb 21, 2024 | $0.100 | OrdinaryDividend |
Jan 23, 2024 | $0.110 | OrdinaryDividend |
Dec 22, 2023 | $0.110 | OrdinaryDividend |
Nov 21, 2023 | $0.110 | OrdinaryDividend |
Oct 24, 2023 | $0.110 | OrdinaryDividend |
Sep 22, 2023 | $0.110 | OrdinaryDividend |
Aug 22, 2023 | $0.110 | OrdinaryDividend |
Jul 21, 2023 | $0.095 | OrdinaryDividend |
Jun 27, 2023 | $0.085 | OrdinaryDividend |
May 23, 2023 | $0.085 | OrdinaryDividend |
Apr 21, 2023 | $0.085 | OrdinaryDividend |
Mar 24, 2023 | $0.085 | OrdinaryDividend |
Feb 22, 2023 | $0.090 | OrdinaryDividend |
Jan 24, 2023 | $0.100 | OrdinaryDividend |
Dec 23, 2022 | $0.115 | OrdinaryDividend |
Nov 22, 2022 | $0.115 | OrdinaryDividend |
Oct 21, 2022 | $0.085 | OrdinaryDividend |
Sep 23, 2022 | $0.085 | OrdinaryDividend |
Aug 23, 2022 | $0.085 | OrdinaryDividend |
Jul 21, 2022 | $0.050 | OrdinaryDividend |
Jun 24, 2022 | $0.040 | OrdinaryDividend |
May 24, 2022 | $0.038 | OrdinaryDividend |
Apr 21, 2022 | $0.035 | OrdinaryDividend |
Mar 25, 2022 | $0.035 | OrdinaryDividend |
Feb 18, 2022 | $0.035 | OrdinaryDividend |
Jan 21, 2022 | $0.035 | OrdinaryDividend |
Dec 23, 2021 | $0.035 | OrdinaryDividend |
Dec 23, 2021 | $0.007 | CapitalGainLongTerm |
Nov 23, 2021 | $0.040 | OrdinaryDividend |
Oct 21, 2021 | $0.045 | OrdinaryDividend |
Sep 23, 2021 | $0.050 | OrdinaryDividend |
Aug 24, 2021 | $0.015 | OrdinaryDividend |
Aug 24, 2021 | $0.011 | CapitalGainShortTerm |
Aug 24, 2021 | $0.024 | CapitalGainLongTerm |
Jul 21, 2021 | $0.038 | OrdinaryDividend |
Jul 21, 2021 | $0.011 | CapitalGainShortTerm |
Jun 24, 2021 | $0.038 | OrdinaryDividend |
Jun 24, 2021 | $0.011 | CapitalGainShortTerm |
May 21, 2021 | $0.038 | OrdinaryDividend |
May 21, 2021 | $0.011 | CapitalGainShortTerm |
Apr 21, 2021 | $0.038 | OrdinaryDividend |
Apr 21, 2021 | $0.011 | CapitalGainShortTerm |
Mar 25, 2021 | $0.038 | OrdinaryDividend |
Mar 25, 2021 | $0.011 | CapitalGainShortTerm |
Feb 23, 2021 | $0.042 | OrdinaryDividend |
Feb 23, 2021 | $0.012 | CapitalGainShortTerm |
Jan 21, 2021 | $0.042 | OrdinaryDividend |
Jan 21, 2021 | $0.012 | CapitalGainShortTerm |
Dec 24, 2020 | $0.063 | OrdinaryDividend |
Dec 24, 2020 | $0.028 | CapitalGainShortTerm |
Nov 24, 2020 | $0.049 | OrdinaryDividend |
Oct 21, 2020 | $0.066 | OrdinaryDividend |
Sep 24, 2020 | $0.070 | OrdinaryDividend |
Aug 21, 2020 | $0.080 | OrdinaryDividend |
Jul 21, 2020 | $0.075 | OrdinaryDividend |
Jun 25, 2020 | $0.065 | OrdinaryDividend |
May 21, 2020 | $0.070 | OrdinaryDividend |
Apr 21, 2020 | $0.078 | OrdinaryDividend |
Mar 26, 2020 | $0.080 | OrdinaryDividend |
Feb 21, 2020 | $0.055 | OrdinaryDividend |
Jan 22, 2020 | $0.060 | OrdinaryDividend |
Dec 13, 2019 | $0.068 | OrdinaryDividend |
Nov 21, 2019 | $0.080 | OrdinaryDividend |
Oct 22, 2019 | $0.075 | OrdinaryDividend |
Sep 25, 2019 | $0.065 | OrdinaryDividend |
Aug 21, 2019 | $0.070 | OrdinaryDividend |
Jul 23, 2019 | $0.066 | OrdinaryDividend |
Jun 14, 2019 | $0.070 | OrdinaryDividend |
May 21, 2019 | $0.075 | OrdinaryDividend |
Apr 23, 2019 | $0.073 | OrdinaryDividend |
Mar 21, 2019 | $0.070 | OrdinaryDividend |
Feb 21, 2019 | $0.065 | OrdinaryDividend |
Jan 23, 2019 | $0.065 | OrdinaryDividend |
Dec 18, 2018 | $0.016 | CapitalGainShortTerm |
Dec 18, 2018 | $0.022 | CapitalGainLongTerm |
Dec 18, 2018 | $0.046 | OrdinaryDividend |
Nov 21, 2018 | $0.070 | OrdinaryDividend |
Oct 23, 2018 | $0.070 | OrdinaryDividend |
Sep 14, 2018 | $0.070 | OrdinaryDividend |
Aug 21, 2018 | $0.075 | OrdinaryDividend |
Jul 20, 2018 | $0.070 | OrdinaryDividend |
UCON - Fund Manager Analysis
Managers
Stephen Kane
Start Date
Tenure
Tenure Rank
Jun 04, 2018
3.99
4.0%
Stephen M. Kane, CFA Group Managing Director U.S. Fixed Income Mr. Kane is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). At MetWest, Mr. Kane was responsible for leading MetWest's AlphaTrak, Ultra Short and Liability Driven Investment (LDI) products, and he co-manages many of the firm's mutual funds. Under his co-leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Prior to establishing MetWest, he was a fixed income portfolio manager at Hotchkis and Wiley. He also served as a Vice President at PIMCO. Mr. Kane earned a BS in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.
Bryan Whalen
Start Date
Tenure
Tenure Rank
Jun 04, 2018
3.99
4.0%
Bryan T. Whalen, CFA Group Managing Director U.S. Fixed Income Mr. Whalen is a Generalist Portfolio Manager in the U.S. Fixed Income Group. Mr. Whalen joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest) as co-head of the Securitized Products division. Prior to joining TCW, Mr. Whalen was a partner and co-head of MetWest's Securitized Products division. Prior to joining MetWest in 2004, he was a director in the fixed income department at Credit Suisse First Boston in New York. Previously, he was a vice president at Donaldson, Lufkin & Jenrette. Mr. Whalen earned a BA in Economics from Yale University. He is a CFA charterholder.
Laird Landmann
Start Date
Tenure
Tenure Rank
Jun 04, 2018
3.99
4.0%
Laird R. Landmann Group Managing Director Co-Director Fixed Income U.S. Fixed Income Mr. Landmann is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). Mr. Landmann currently serves on the boards of the Trust Company of the West and the Metropolitan West Mutual Funds. He is a leader of the MetWest investment team that was recognized as Morningstar's Fixed Income Manager of the Year for 2005 and has been nominated for the award eight times. Prior to founding MetWest in 1996, Mr. Landmann was a principal and the co-director of fixed income at Hotchkis and Wiley. He also served as a portfolio manager and vice president at PIMCO. Mr. Landmann holds an AB in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |