MGOV
·NYSE
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Key Stats
Assets Under Management
82.77MUSD
Fund Flows (1Y)
21.28MUSD
Dividend Yield
5.37%
Discount/Premium to NAV
0.15%
Shares Outstanding
4.00M
Expense Ratio
0.66%
About First Trust Intermediate Government Opportunities ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Aug 2, 2023
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
MGOV aims for sustained gains by primarily investing in a portfolio of US Treasury and mortgage-related securities, with a flexibility to invest in ETFs and derivatives relating to Government Securities. The fund strives for an average effective duration of three to eight years. The managers utilize a rules-based combination of top-down and bottom-up analysis for security selection. The portfolio's composition is determined by evaluating market fundamentals and performing individual security analysis, which helps decide portfolio weightings and timing for buy and sell decisions. The fund also explores more complex investment strategies like TBA Transactions, which involve the purchase of mortgage-related securities with defined general parameters, but without specifying the precise securities to be delivered until close to the settlement date. Mortgage dollar rolls are another form of these TBA Transactions that the fund employs.
Classification
Asset Class
Fixed Income
Category
Government, Broad-based
Focus
Investment Grade
Niche
Intermediate
Strategy
Active
Geography
--
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.49% | -0.24% | +3.23% | +3.54% | +2.68% | +2.68% |
NAV Total Return | -0.02% | +1.41% | +8.70% | +6.70% | +0.09% | +0.09% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
U.S. Treasury Note, 3.625%, due 10/31/2030
3.67%
Fannie Mae FN MA4057, 2.50%, due 06/01/2050
3.58%
Fannie Mae FN MA4319, 2%, due 04/01/2051
3.51%
Fannie Mae FN MA4392, 2.50%, due 07/01/2051
3.50%
Fannie Mae Series 2025-49, Class FA, Variable rate, due 06/25/2055
3.06%
Fannie Mae FN BM7521, 3.50%, due 10/01/2048
2.96%
Freddie Mac FR SL1523, 3.50%, due 07/01/2050
2.52%
Fannie Mae Series 2012-118, Class VZ, 3%, due 11/25/2042
2.51%
Fannie Mae FN BM4963, 3%, due 05/01/2048
2.39%
Freddie Mac - SLST Series 2025-2, Class A2, 3%, due 10/25/2035
2.31%
Top 10 Weight 30.01%
141 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.085 |
| 2025-11-21 | 2025-11-21 | 2025-11-28 | 0.085 |
| 2025-10-21 | 2025-10-21 | 2025-10-31 | 0.085 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.083 |
| 2025-08-21 | 2025-08-21 | 2025-08-29 | 0.083 |
| 2025-07-22 | 2025-07-22 | 2025-07-31 | 0.083 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.083 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
