LMBS

First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF

$49.95
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust Low Duration Opportunities ETF (LMBS) seeks to provide current income consistent with the preservation of capital.

Overview

ETF tracking First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF

Category Other
Issuer First Trust
Inception Date 2014-11-05
Market Cap $5.4B
Average Volume N/A
Dividend Yield 3.40%
52-Week Range $48.37 - $50.16
VWAP $49.97

Performance

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Investment Summary

📎 Investment Objective

The First Trust Low Duration Opportunities ETF (LMBS) seeks to provide current income consistent with the preservation of capital.

🎯 Investment Strategy

The fund invests primarily in investment-grade debt securities, including U.S. government securities, corporate bonds, and mortgage-backed securities, with a focus on maintaining a low duration profile to reduce interest rate risk.

✨ Key Features

  • Focuses on short-term, high-quality fixed income securities to generate current income
  • Maintains a low duration profile to mitigate the impact of rising interest rates
  • Diversified portfolio across government, corporate, and mortgage-backed debt
  • Actively managed by an experienced fixed income investment team

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline if interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
  • Liquidity risk: Some of the fund's holdings may be difficult to sell, which could affect performance
  • Mortgage-backed securities risk: The fund's investments in mortgage-backed securities may be subject to prepayment and extension risk

👤 Best For

This ETF may be suitable for investors seeking current income and capital preservation, with a low tolerance for interest rate risk. It can be used as a low-volatility component within a diversified fixed income portfolio.