FSIG
First Trust Limited Duration Investment Grade Corporate ETF·ARCA
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Key Stats
Assets Under Management
1.43BUSD
Fund Flows (1Y)
150.34MUSD
Dividend Yield
4.74%
Discount/Premium to NAV
0.10%
Shares Outstanding
74.90M
Expense Ratio
0.55%
About First Trust Limited Duration Investment Grade Corporate ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Nov 17, 2021
Structure
Open-Ended Fund
Index Tracked
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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
FSIG offers exposure to short-term US investment-grade corporate debts. The actively managed fund includes notes, bonds, commercial papers, as well as senior loans issued by US companies of any market-cap. The fund's strategy involves a combination of bottom-up and top-down analysis which evaluates each company's credit fundamentals—from cash flow consistency and valuation up to management quality, while at the same time looks into industry trends and macroeconomic perspective considering factors such as yield curve management, diversification, and relative value. The fund attempts to maintain a weighted average duration of within one year deviation from its benchmark—Bloomberg US Corporate 1-5 Year Index. Additionally, the fund may invest up to 20% of its assets in high-yield corporate debts and floating-rate bonds.
Classification
Asset Class
Fixed Income
Category
Corporate, Broad-based
Focus
Investment Grade
Niche
Short-Term
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Industrials
100.00%
Industrials
100.00%
Asset
Holdings
Symbol
Ratio
CROWDSTRIKE HOLDINGS INC 3%, due 02/15/2029
1.30%
MSCI INC 4%, due 11/15/2029
1.28%
OPEN TEXT CORP 6.90%, due 12/01/2027
1.10%
UNITED RENTALS (NORTH AMERICA) 6%, due 12/15/2029
1.04%
FAIR ISAAC CORP 6%, due 05/15/2033
0.99%
ENERGY TRANSFER LP 0%, due 12/29/2025
0.99%
Symbol
Ratio
PLAINS ALL AMER PIPELINE 0%, due 12/29/2025
0.97%
SMURFIT KAPPA TREASURY 5.20%, due 01/15/2030
0.95%
CONSTELLATION SOFTWARE 5.158%, due 02/16/2029
0.93%
MARS INC 4.60%, due 03/01/2028
0.93%
Top 10 Weight 10.48%
10 Total Holdings
See all holdings
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