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Trending ETFs

First Trust Strategic Income ETF

etf
FDIV
Dividend policy
Active
Price as of:
$48.16 +0.33 +0%
primary theme
U.S. Conservative/Balanced Allocation
FDIV (ETF)

First Trust Strategic Income ETF

Dividend policy
Active
Price as of:
$48.16 +0.33 +0%
primary theme
U.S. Conservative/Balanced Allocation
FDIV (ETF)
First Trust Strategic Income ETF
Dividend policy
Active
Price as of:
$48.16 +0.33 +0%
primary theme
U.S. Conservative/Balanced Allocation

FDIV - Snapshot

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 3.3%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $71.3 M
  • Holdings in Top 10 60.3%

52 WEEK LOW AND HIGH

$47.83
$37.41
$48.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 118.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme U.S. Conservative/Balanced Allocation
  • Fund Type Exchange Traded Fund
  • Investment Style Allocation--30% to 50% Equity

Compare FDIV to Popular U.S. Conservative/Balanced Allocation Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$2.38

+1.28%

$68.35 B

5.05%

$0.12

blocked
blocked
blocked

3.48%

0.61%

$28.26

+0.68%

$62.59 B

2.68%

$0.75

blocked
blocked
blocked

-0.25%

0.23%

$11.19

+0.27%

$17.31 B

4.01%

$0.45

blocked
blocked
blocked

0.09%

0.68%

$15.81

+0.89%

$14.48 B

2.39%

$0.37

blocked
blocked
blocked

0.13%

0.67%

$11.22

+0.54%

$12.89 B

3.44%

$0.38

blocked
blocked
blocked

0.90%

0.77%

Compare FDIV to Popular U.S. Conservative/Balanced Allocation ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$43.17

+0.70%

$1.46 B

2.04%

$0.87

blocked
blocked
blocked

-0.07%

0.25%

$22.86

+0.75%

$1.19 B

0.80%

$0.18

blocked
blocked
blocked

-3.95%

0.50%

$38.39

+0.39%

$857.59 M

2.09%

$0.80

blocked
blocked
blocked

-0.93%

0.25%

$24.66

+0.49%

$280.91 M

4.06%

$1.00

blocked
blocked
blocked

-3.48%

1.40%

$34.49

+0.67%

$119.65 M

3.84%

$1.31

blocked
blocked
blocked

1.83%

0.18%

FDIV - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.08%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Strategic Income ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Aug 13, 2014
  • Shares Outstanding
    1500002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Richard Bernstein

Fund Description

The fund is a multi-manager, multi-strategy actively managed ETF. Its investment categories will be: (i) high yield corporate bonds, and first lien senior secured floating rate bank loans; (ii) mortgage-related investments; (iii) preferred securities; (iv) international sovereign bonds; (v) equity securities of Energy Infrastructure Companies, certain of which are referred to as master limited partnerships; and (vi) dividend paying U.S. exchange-traded equity securities of companies and depositary receipts.


FDIV - Performance

Return Ranking - Trailing

Period FDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -6.7% 11.5% 40.55%
1 Yr 2.4% -2.7% 67.8% 96.30%
3 Yr 3.3%* -1.4% 26.4% 94.78%
5 Yr 4.9%* 2.0% 24.7% 94.88%
10 Yr N/A* 2.0% 9.1% N/A

* Annualized

Return Ranking - Calendar

Period FDIV Return Category Return Low Category Return High Rank in Category (%)
2020 -7.0% -10.6% 40.7% 95.95%
2019 11.2% -9.5% 22.1% 40.56%
2018 -9.5% -21.7% -3.5% 51.95%
2017 2.2% -7.3% 13.7% 93.90%
2016 7.6% -9.0% 23.3% 5.71%

Total Return Ranking - Trailing

Period FDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -6.7% 11.5% 40.55%
1 Yr 2.4% -7.7% 67.8% 94.09%
3 Yr 3.3%* -2.6% 26.4% 92.54%
5 Yr 4.9%* 1.5% 24.7% 93.11%
10 Yr N/A* 2.0% 9.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FDIV Return Category Return Low Category Return High Rank in Category (%)
2020 -7.0% -10.6% 40.7% 95.95%
2019 11.2% -9.5% 22.1% 41.75%
2018 -9.5% -21.7% -2.0% 84.80%
2017 2.2% -5.9% 16.6% 98.26%
2016 7.6% -5.0% 23.3% 21.92%

FDIV - Holdings

Concentration Analysis

FDIV Category Low Category High FDIV % Rank
Net Assets 71.3 M 2.53 M 68.4 B 86.15%
Number of Holdings 169 2 20168 35.75%
Net Assets in Top 10 43.1 M 2.49 M 14 B 84.57%
Weighting of Top 10 60.34% 8.9% 100.0% 55.34%

Top 10 Holdings

  1. First Trust Tactical High Yield ETF 14.99%
  2. First Trust Emerging Mkts Lcl Ccy Bd ETF 14.54%
  3. First Trust Preferred Sec & Inc ETF 11.24%
  4. First Trust Low Duration Oppos ETF 5.68%
  5. iShares JP Morgan USD Em Mkts Bd ETF 4.63%
  6. First Trust Instl Pref Secs and Inc ETF 3.76%
  7. Enterprise Products Partners LP 1.78%
  8. Alliant Energy Corp 1.40%
  9. TC Energy Corp 1.36%
  10. TC Pipelines LP 1.34%

Asset Allocation

Weighting Return Low Return High FDIV % Rank
Bonds
49.41% 0.00% 222.79% 58.44%
Stocks
40.05% 7.89% 77.82% 49.18%
Convertible Bonds
5.04% 0.00% 54.34% 6.90%
Preferred Stocks
3.34% -0.02% 71.78% 15.43%
Cash
2.06% -194.56% 32.59% 74.77%
Other
0.09% -4.66% 45.96% 40.29%

Stock Sector Breakdown

Weighting Return Low Return High FDIV % Rank
Utilities
38.29% 0.00% 38.29% 0.18%
Energy
23.77% 0.00% 25.44% 0.36%
Financial Services
12.15% 0.00% 47.16% 81.31%
Industrials
6.90% 0.00% 24.66% 88.93%
Real Estate
6.03% 0.00% 100.00% 39.38%
Technology
3.89% 0.00% 41.22% 97.64%
Healthcare
3.84% 0.00% 19.96% 98.00%
Basic Materials
2.69% 0.00% 22.39% 86.21%
Consumer Cyclical
2.43% 0.00% 23.72% 93.65%
Communication Services
0.00% 0.00% 25.03% 98.91%
Consumer Defense
0.00% 0.00% 22.20% 99.09%

Stock Geographic Breakdown

Weighting Return Low Return High FDIV % Rank
US
35.65% 0.43% 68.90% 25.77%
Non US
4.40% 0.00% 35.36% 76.95%

Bond Sector Breakdown

Weighting Return Low Return High FDIV % Rank
Corporate
45.62% 0.00% 99.82% 33.03%
Government
26.80% 0.00% 99.98% 41.38%
Securitized
13.15% 0.00% 47.99% 69.87%
Derivative
8.05% 0.00% 29.62% 11.07%
Cash & Equivalents
6.37% 0.00% 64.52% 64.25%
Municipal
0.00% 0.00% 99.67% 86.21%

Bond Geographic Breakdown

Weighting Return Low Return High FDIV % Rank
US
24.91% 0.00% 72.63% 91.83%
Non US
24.50% -12.10% 152.27% 2.72%

FDIV - Expenses

Operational Fees

FDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.01% 6.06% 46.45%
Management Fee 0.85% 0.00% 1.39% 95.14%
12b-1 Fee 0.00% 0.00% 1.00% 4.73%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

FDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 118.00% 5.00% 395.00% 89.08%

FDIV - Distributions

Dividend Yield Analysis

FDIV Category Low Category High FDIV % Rank
Dividend Yield 2.44% 0.00% 4.46% 0.54%

Dividend Distribution Analysis

FDIV Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

FDIV Category Low Category High FDIV % Rank
Net Income Ratio 3.08% -0.41% 6.42% 20.94%

Capital Gain Distribution Analysis

FDIV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

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FDIV - Fund Manager Analysis

Managers

Richard Bernstein


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

Richard Bernstein is the CEO and CIO (Chief Investment Officer) of Richard Bernstein Advisors (RBA), which he founded in 2009. Prior to RBA, Mr. Bernstein was Chief Investment Strategist (2006-2009) and Chief U.S. Strategist (2001-2006) at Merrill Lynch & Co. Mr. Griswold is the Director of Investments at RBA (since 2010). . A much-noted expert on style investing and asset allocation, Mr. Bernstein was voted to Institutional Investor magazine’s annual “All-America Research Team” eighteen years, and is one of only fifty analysts inducted into the Institutional Investor “Hall of Fame”.

Daniel Lindquist


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Jon Erickson


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

David McGarel


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

James Murchie


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

James Murchie co-founded EIP in 2003 with Linda Longville and Eva Pao. He is the President, CEO and Co-Portfolio Manager of EIP’s Funds and products which seek to focus on high-payout energy infrastructure securities such as Master Limited Partnerships (MLPs), MLP affiliates, Utilities, Yield Corporations (YieldCos) and Energy Infrastructure Real Estate Investment Trusts (REITs). From late 2004 to mid-2006, while the EIP investment team was affiliated with Pequot Capital Management, Mr. Murchie served as a Managing Director. In July 2006, EIP re-established its independence. In 1998, he founded Lawhill Capital where he managed a long/short equity fund that invested in energy and cyclical equities and commodities until 2003. From 1995 to 1997, he was a Managing Director at Tiger Management where his primary responsibility was investments in energy, commodities and related equities. From 1990-1995, Mr. Murchie was a Principal at Sanford C. Bernstein where he was a top-ranked energy analyst and sat on the Research Department’s Recommendation Review Committee. Before joining Bernstein, he spent 8 years at British Petroleum in 7 operating and staff positions of increasing responsibility. He has served on the board of Clark Refining and Marketing Company and as President and Treasurer of the Oil Analysts Group of New York. Mr. Murchie received a B.A. from Rice University in 1979 and an M.A. in Energy Planning from Harvard University in 1982

John Gambla


Start Date

Tenure

Tenure Rank

Aug 13, 2014

6.55

6.6%

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.

Robert Wolf


Start Date

Tenure

Tenure Rank

Dec 31, 2014

6.17

6.2%

Robert Wolf serves as Chief Investment Officer, Senior Vice President and Senior Portfolio Manager at Stonebridge. Mr. Wolf is a senior member of Stonebridge Advisors’ Investment Committee and oversees investment strategies and portfolio management activities across fund products and separately managed accounts. Mr. Wolf directs the daily management of preferred securities portfolios and performs both credit research and trading functions. Mr. Wolf has over twenty years of fixed-income experience in both portfolio management and credit research. Prior to joining Stonebridge in 2006, Mr. Wolf was a high-yield fixed-income research analyst at Lehman Brothers. In this role, his responsibilities included detailed credit analysis across multiple sectors, relative value analysis, and developing trade recommendations. Mr. Wolf previously worked for Lehman Brothers’ commercial mortgage-backed securities (CMBS) trading desk as a credit analyst. Mr. Wolf received his B.S. degree in Chemistry from Villanova University and his MBA in Finance from the New York University Stern School of Business.

Eva Pao


Start Date

Tenure

Tenure Rank

Dec 31, 2014

6.17

6.2%

Eva Pao is a Co-Founder and Co-Portfolio Manager of EIP’s Funds and products. Eva Pao co-founded EIP in 2003, serving as Managing Director of EIP until the EIP investment team joined Pequot Capital Management. Ms. Pao served as Vice President of Pequot Capital Management from 2005 to mid-2006. Prior to Harvard Business School, Ms. Pao was a Manager at Enron Corp. where she managed a portfolio in Canadian oil and gas equities for Enron’s internal hedge fund that specialized in energy-related equities and managed a natural gas trading book. She received a B.A. from Rice University in 1996. She received an M.B.A. from the Harvard Business School in 2002.

Chris Peterson


Start Date

Tenure

Tenure Rank

Mar 01, 2016

5.0

5.0%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 27.47 5.98 1.16