Symbols

LGOV

First Trust Long Duration Opportunities ETF·ARCA

--(--)

Key Stats

Assets Under Management

671.89MUSD

Fund Flows (1Y)

43.84MUSD

Dividend Yield

3.99%

Discount/Premium to NAV

-0.09%

Shares Outstanding

30.65M

Expense Ratio

0.66%

About First Trust Long Duration Opportunities ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

Jan 22, 2019

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

LGOVs active manager uses a top-down analysis of market fundamentals, followed by a bottom-up analysis of sub-sectors, to construct the portfolio of long-term government bonds with a weighted average effective duration of eight or more years. The fund includes Treasurys, agency MBS, TBAs, and other securities backed by the full faith and credit of the US government. Like most active funds, LGOV may invest up to 20% of its portfolio in out-of-mandate securities, potentially including sub-investment-grade or unrated debt. In addition, the fund can hold short positions for up to 30% of its portfolio value.