FSIG

First Trust Limited Duration Investment Grade Corporate ETF

$19.20

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) seeks to provide current income by investing primarily in investment-grade corporate bonds with shorter-term maturities.

Overview

ETF tracking First Trust Limited Duration Investment Grade Corporate ETF

Category Corporate Bonds

Issuer First Trust

Inception Date 2021-11-18

Market Cap $1.3B

Average Volume N/A

Dividend Yield 3.78%

52-Week Range $18.74 - $19.33

VWAP $19.20

Performance

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Investment Summary

📎 Investment Objective

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) seeks to provide current income by investing primarily in investment-grade corporate bonds with shorter-term maturities.

🎯 Investment Strategy

The fund invests in a portfolio of investment-grade corporate bonds with an average duration of 1-3 years. The portfolio is actively managed to maintain a relatively short duration in order to reduce interest rate risk.

✨ Key Features

Focuses on investment-grade corporate bonds with shorter-term maturities
Actively managed to maintain a duration of 1-3 years to mitigate interest rate risk
Aims to provide current income through its bond holdings
Low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk - The risk that the issuer of a bond will default or have its credit rating downgraded
Interest rate risk - The risk that bond prices will decline as interest rates rise
Liquidity risk - The risk that the fund may have difficulty selling its holdings at an advantageous time or price
Concentration risk - The fund's focus on investment-grade corporate bonds means it may be more vulnerable to economic conditions affecting that sector

👤 Best For

This ETF may be suitable for investors seeking current income and lower interest rate risk compared to longer-duration bond funds. It could be a component of a diversified fixed-income portfolio, particularly for investors with a relatively short investment horizon.