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Trending ETFs

First Trust TCW Opportunistic Fixed Income ETF

Active ETF
FIXD
Dividend policy
No Change
Price as of:
$52.12 -0.09 -0.17%
primary theme
U.S. Intermediate-Term Bond Duration
FIXD (ETF)

First Trust TCW Opportunistic Fixed Income ETF

Dividend policy
No Change
Price as of:
$52.12 -0.09 -0.17%
primary theme
U.S. Intermediate-Term Bond Duration
FIXD (ETF)

First Trust TCW Opportunistic Fixed Income ETF

Dividend policy
No Change
Price as of:
$52.12 -0.09 -0.17%
primary theme
U.S. Intermediate-Term Bond Duration

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$52.12

$5.27 B

1.50%

$0.78

0.56%

Vitals

YTD Return

-1.9%

1 yr return

-0.9%

3 Yr Avg Return

5.6%

5 Yr Avg Return

N/A

Net Assets

$5.27 B

Holdings in Top 10

44.0%

52 WEEK LOW AND HIGH

$53.4
$52.76
$54.48

Expenses

OPERATING FEES

Expense Ratio 0.56%

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

Investment Style

Intermediate Core-Plus Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$52.12

$5.27 B

1.50%

$0.78

0.56%

FIXD - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust TCW Opportunistic Fixed Income ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Feb 14, 2017
  • Shares Outstanding
    98950002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen Kane

Fund Description

The fund pursues its objective by investing at least 80% of its net assets (including investment borrowings) in fixed income securities. It may invest up to 35% of its net assets in corporate, non-U.S. and non-agency debt and other securities rated below investment grade by one or more nationally recognized statistical rating organization ("NRSRO"), or, if unrated, judged to be of comparable quality by the Sub-Advisor.


FIXD - Performance

Return Ranking - Trailing

Period FIXD Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -83.6% 1.5% 67.73%
1 Yr -0.9% -9.5% 15.0% 40.09%
3 Yr 5.6%* 0.1% 10.9% 34.13%
5 Yr N/A* 0.6% 7.6% N/A
10 Yr N/A* 0.6% 8.5% N/A

* Annualized

Return Ranking - Calendar

Period FIXD Return Category Return Low Category Return High Rank in Category (%)
2021 -2.8% -82.5% 1360.6% 25.07%
2020 5.6% -20.8% 1027.9% 22.19%
2019 5.0% -11.1% 23.0% 66.63%
2018 -2.8% -11.4% 6.8% 24.97%
2017 N/A -49.5% 15.0% N/A

Total Return Ranking - Trailing

Period FIXD Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -83.6% 1.5% 4.66%
1 Yr -0.9% -12.2% 11.5% 32.65%
3 Yr 5.6%* -0.9% 10.9% 29.59%
5 Yr N/A* 0.2% 7.6% N/A
10 Yr N/A* 0.6% 8.5% N/A

* Annualized

Total Return Ranking - Calendar

Period FIXD Return Category Return Low Category Return High Rank in Category (%)
2021 -2.7% -82.5% 93.8% 23.75%
2020 5.6% -20.8% 1027.9% 22.19%
2019 5.0% -11.1% 23.0% 68.26%
2018 -2.8% -11.4% 6.8% 38.12%
2017 N/A -7.0% 15.0% N/A

FIXD - Holdings

Concentration Analysis

FIXD Category Low Category High FIXD % Rank
Net Assets 5.27 B 3.19 M 316 B 23.67%
Number of Holdings 910 1 18605 35.82%
Net Assets in Top 10 2.87 B -1.04 B 39.1 B 13.68%
Weighting of Top 10 43.99% 3.7% 100.0% 24.73%

Top 10 Holdings

  1. Federal National Mortgage Association 0% 11.23%
  2. US Treasury Note 0.25% 9.17%
  3. United States Treasury Notes 0.12% 8.59%
  4. Federal National Mortgage Association 0% 7.78%
  5. United States Treasury Notes 0.12% 7.60%
  6. Federal National Mortgage Association 0% 6.93%
  7. Federal National Mortgage Association 0% 6.92%
  8. Federal National Mortgage Association 0% 6.90%
  9. Federal National Mortgage Association 0% 6.83%
  10. Federal National Mortgage Association 0% 6.81%

Asset Allocation

Weighting Return Low Return High FIXD % Rank
Bonds
91.76% -59.34% 254.56% 71.34%
Cash
6.73% -167.12% 174.99% 24.66%
Convertible Bonds
1.51% 0.00% 12.06% 47.25%
Stocks
0.00% -0.26% 24.74% 75.29%
Preferred Stocks
0.00% 0.00% 79.71% 80.11%
Other
0.00% -18.38% 17.08% 65.62%

Bond Sector Breakdown

Weighting Return Low Return High FIXD % Rank
Securitized
35.25% 0.00% 98.88% 26.28%
Government
34.07% 0.00% 83.30% 28.17%
Corporate
19.47% 0.00% 100.00% 85.24%
Cash & Equivalents
6.38% 0.00% 100.00% 38.25%
Derivative
4.21% 0.00% 24.82% 12.24%
Municipal
0.63% 0.00% 100.00% 38.52%

Bond Geographic Breakdown

Weighting Return Low Return High FIXD % Rank
US
82.85% -59.77% 193.88% 59.23%
Non US
8.91% -27.76% 60.68% 55.00%

FIXD - Expenses

Operational Fees

FIXD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.01% 2.91% 51.15%
Management Fee 0.65% 0.00% 1.25% 98.24%
12b-1 Fee 0.00% 0.00% 1.00% 11.49%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FIXD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FIXD 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.

FIXD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 496.00% 76.47%

FIXD - Distributions

Dividend Yield Analysis

FIXD Category Low Category High FIXD % Rank
Dividend Yield 1.50% 0.00% 3.62% 66.16%

Dividend Distribution Analysis

FIXD Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

FIXD Category Low Category High FIXD % Rank
Net Income Ratio 1.34% -0.80% 8.97% 76.22%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FIXD - Fund Manager Analysis

Managers

Stephen Kane


Start Date

Tenure

Tenure Rank

Feb 14, 2017

4.88

4.9%

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

Feb 14, 2017

4.88

4.9%

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

Feb 14, 2017

4.88

4.9%

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
0.01 33.01 6.72 0.75