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Trending ETFs

First Trust CEF Income Opportunity ETF

etf
FCEF
Dividend policy
Increase
Price as of:
$25.38 -0.19 0%
primary theme
International Allocation
FCEF (ETF)

First Trust CEF Income Opportunity ETF

Dividend policy
Increase
Price as of:
$25.38 -0.19 0%
primary theme
International Allocation
FCEF (ETF)

First Trust CEF Income Opportunity ETF

Dividend policy
Increase
Price as of:
$25.38 -0.19 0%
primary theme
International Allocation

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$25.38

-

4.06%

$1.04

2.91%

Vitals

YTD Return

12.6%

1 yr return

34.2%

3 Yr Avg Return

10.7%

5 Yr Avg Return

N/A

Net Assets

$38.7 M

Holdings in Top 10

38.2%

52 WEEK LOW AND HIGH

$25.57
$19.05
$26.26

Expenses

OPERATING FEES

Expense Ratio 2.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 13.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

World Allocation


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$25.38

-

4.06%

$1.04

2.91%

FCEF - Profile

Distributions

  • YTD Total Return 12.6%
  • 3 Yr Annualized Total Return 10.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.01%
DIVIDENDS
  • Dividend Yield 4.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust CEF Income Opportunity ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Sep 27, 2016
  • Shares Outstanding
    1505000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ken Fincher

Fund Description

The fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of closed-end investment companies that are listed and traded in the United States on registered exchanges. In selecting the closed-end funds for it's portfolio, the fund's investment advisor utilizes a range of investment approaches.


FCEF - Performance

Return Ranking - Trailing

Period FCEF Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -3.4% 22.6% 12.19%
1 Yr 34.2% -8.2% 43.7% 1.23%
3 Yr 10.7%* -0.1% 18.0% 15.84%
5 Yr N/A* 2.1% 16.5% N/A
10 Yr N/A* -0.6% 13.6% N/A

* Annualized

Return Ranking - Calendar

Period FCEF Return Category Return Low Category Return High Rank in Category (%)
2020 -1.9% -21.0% 24.5% 80.65%
2019 21.5% -1.3% 27.8% 3.13%
2018 -14.3% -25.7% 1.5% 82.73%
2017 10.0% -100.0% 20.6% 49.74%
2016 N/A -17.0% 209.2% N/A

Total Return Ranking - Trailing

Period FCEF Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -3.4% 22.6% 12.19%
1 Yr 34.2% -12.7% 43.7% 1.22%
3 Yr 10.7%* -0.9% 18.0% 13.40%
5 Yr N/A* 1.8% 16.5% N/A
10 Yr N/A* -0.6% 13.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FCEF Return Category Return Low Category Return High Rank in Category (%)
2020 -1.9% -21.0% 24.5% 80.65%
2019 21.5% -1.3% 27.8% 3.13%
2018 -14.3% -25.7% 1.5% 87.29%
2017 10.0% -100.0% 23.1% 74.60%
2016 N/A -9.5% 216.9% N/A

FCEF - Holdings

Concentration Analysis

FCEF Category Low Category High FCEF % Rank
Net Assets 38.7 M 2.48 M 110 B 89.09%
Number of Holdings 52 2 2727 69.18%
Net Assets in Top 10 14.7 M -85.9 M 22.4 B 84.29%
Weighting of Top 10 38.17% 10.0% 100.0% 41.36%

Top 10 Holdings

  1. EV Tax Adv Global Dividend Inc 4.71%
  2. BlackRock Science and Technology Trust 4.62%
  3. Cohen & Steers REIT & Preferred Income 4.09%
  4. EV Tax Advantaged Dividend Inc 3.88%
  5. EV Tax Adv Global Div Opps 3.75%
  6. Tekla Healthcare Investors 3.69%
  7. Tekla Healthcare Opportunities 3.51%
  8. PIMCO Dynamic Credit and Mortgage Inc 3.44%
  9. Ares Dynamic Credit Allocation Fund 3.36%
  10. Cohen & Steers Infrastructure 3.29%

Asset Allocation

Weighting Return Low Return High FCEF % Rank
Stocks
56.66% -12.12% 97.07% 70.18%
Bonds
38.81% -15.70% 175.29% 16.70%
Convertible Bonds
4.29% 0.00% 20.43% 8.35%
Preferred Stocks
4.17% 0.00% 18.43% 5.96%
Other
-0.16% -1.61% 197.15% 97.61%
Cash
-3.78% -160.17% 127.83% 93.04%

Stock Sector Breakdown

Weighting Return Low Return High FCEF % Rank
Healthcare
22.85% 0.00% 30.30% 0.41%
Technology
17.47% 0.00% 40.44% 45.42%
Financial Services
10.17% 0.00% 46.60% 78.82%
Industrials
8.84% 0.14% 33.43% 71.49%
Utilities
8.22% 0.00% 39.35% 19.35%
Real Estate
7.53% 0.00% 82.94% 36.05%
Communication Services
7.47% 0.00% 34.85% 48.07%
Consumer Cyclical
6.01% 0.00% 75.75% 70.06%
Energy
5.41% 0.00% 31.29% 35.03%
Consumer Defense
3.75% 0.00% 32.17% 78.21%
Basic Materials
2.26% 0.00% 60.23% 90.02%

Stock Geographic Breakdown

Weighting Return Low Return High FCEF % Rank
US
42.34% -8.41% 90.45% 19.28%
Non US
14.32% -3.71% 60.41% 87.28%

Bond Sector Breakdown

Weighting Return Low Return High FCEF % Rank
Corporate
60.75% 0.00% 99.96% 16.70%
Securitized
12.73% 0.00% 66.95% 29.42%
Government
12.46% 0.00% 96.71% 71.77%
Cash & Equivalents
7.49% 0.04% 100.00% 83.30%
Derivative
6.45% 0.00% 39.94% 10.14%
Municipal
0.11% 0.00% 31.21% 22.27%

Bond Geographic Breakdown

Weighting Return Low Return High FCEF % Rank
US
28.16% -37.38% 62.76% 16.10%
Non US
10.65% -13.56% 134.53% 36.78%

FCEF - Expenses

Operational Fees

FCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.91% 0.06% 3.14% 0.60%
Management Fee 0.85% 0.00% 1.90% 88.11%
12b-1 Fee 0.00% 0.00% 1.00% 8.36%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FCEF 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% 5.50% N/A

Trading Fees

FCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

FCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 0.00% 427.00% 12.36%

FCEF - Distributions

Dividend Yield Analysis

FCEF Category Low Category High FCEF % Rank
Dividend Yield 4.93% 0.00% 6.24% 2.38%

Dividend Distribution Analysis

FCEF Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

FCEF Category Low Category High FCEF % Rank
Net Income Ratio 4.01% -2.24% 7.33% 7.52%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FCEF - Fund Manager Analysis

Managers

Ken Fincher


Start Date

Tenure

Tenure Rank

Sep 27, 2016

4.93

4.9%

Ken Fincher is a Senior Vice President and Portfolio Manager at First Trust. His current responsibilities include management of separately managed accounts that invest primarily in closed-end funds. He has also helped develop new product structures in the closed-end fund space. Mr. Fincher has been named Outstanding Individual Contributor to the Closed-End Fund Sector in 2007, 2006, 2005 and 2004 by financial analysts and his peers in the closed-end fund community and also served on the Closed-End Fund committee of the Investment Company Institute. Mr. Fincher received a B.A. in financial administration from Michigan State University and an M.B.A. from Loyola University Graduate School of Business.

Jordan Ramsland


Start Date

Tenure

Tenure Rank

Dec 31, 2018

2.67

2.7%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.68 6.52 8.67