Symbols

DEED

First Trust Securitized Plus ETF·ARCA

--(--)

Key Stats

Assets Under Management

88.71MUSD

Fund Flow (1Y)

12.10MUSD

Dividend Yield

4.14%

Discount / Premium to NAV

-0.33%

Shares Outstanding

4.15M

Expense Ratio

0.66%

About First Trust Securitized Plus ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/Retail/etf/etfSummary.aspx?Ticker=DEED

Inception Date

Apr 29, 2020

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

DEED is the second US ETF in the broad market space that offers access to securitized/asset-backed securities. It is actively managed to invest in asset-backed securities, residential and commercial mortgage-backed securities and collateralized loan obligations. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index, using its own research to identify undervalued securities with superior risk/reward profile. Roughly half of the portfolio is composed of securities issued by US government and its agencies, and the remaining may be invested in non-government and privately-issued MBS and other ABS. The fund is a mix of junk and investment-grade bonds of any maturities, and may opt to invest in OTC derivatives up to 25% of the portfolio.