FCEF
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
📎 Investment Objective
The First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF (FCEF) seeks to provide current income.
Overview
ETF tracking First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF (FCEF) seeks to provide current income.
🎯 Investment Strategy
The fund invests primarily in a portfolio of fixed-income securities, including investment-grade corporate bonds, high-yield corporate bonds, and government bonds. The fund's managers aim to construct a diversified portfolio that can generate a high level of current income while managing risk.
✨ Key Features
- Focuses on generating current income through a diversified portfolio of fixed-income securities
- Invests in a mix of investment-grade and high-yield corporate bonds, as well as government bonds
- Actively managed approach to security selection and portfolio construction
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The fund's holdings may decline in value if interest rates rise
- Credit risk: The fund is exposed to the risk of default or downgrade of the bonds it holds
- High-yield bond risk: Investments in lower-rated, high-yield bonds carry a higher risk of default
- Active management risk: The fund's performance depends on the skill of the portfolio managers
👤 Best For
This ETF may be suitable for investors seeking a source of current income and who are willing to accept the risks associated with a fixed-income portfolio that includes both investment-grade and high-yield bonds. It may be appropriate as a component of a diversified portfolio, particularly for investors with a moderate risk tolerance and a medium-term investment horizon.