SCIO
·NYSE
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Key Stats
Assets Under Management
109.56MUSD
Fund Flows (1Y)
87.00MUSD
Dividend Yield
6.85%
Discount/Premium to NAV
0.19%
Shares Outstanding
5.30M
Expense Ratio
0.86%
About First Trust Structured Credit Income Opportunities ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Feb 27, 2024
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
SCIO aims to seize opportunities within the structured credit investment space through a relative value approach. The strategy combines quantitative and qualitative methods to evaluate risk-reward profiles. The fund's investments include agency and non-agency-issued RMBS, CMBS, CLOs, and ABS, with at least 50% consisting of pass-through securities, as well as mortgage-related securities such as CMOs, SMBs, REMIC, and mortgage dollar rolls. Additionally, derivatives such as futures, forwards, options, and swaps may be used to enhance returns, manage risks, and maintain market exposure. Up to 60% of the holdings may consist of sub-investment grade securities, including distressed ones. Utilizing third-party models, the fund aims to maintain a weighted average portfolio duration of -1 to +6 years. The fund may enter short sale transactions.
Classification
Asset Class
Fixed Income
Category
Broad Market, Asset-backed
Focus
Broad Credit
Niche
Intermediate
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.24% | -0.86% | +2.98% | +3.08% | +3.29% | +3.29% |
NAV Total Return | +0.34% | +1.39% | +9.63% | +9.47% | +0.11% | +0.11% |
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
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
U.S. Treasury Bill, 0%, due 01/06/2026
1.83%
Freddie Mac Series 5502, Class FC, Variable rate, due 02/25/2055
1.43%
Freddie Mac Series 5508, Class FE, Variable rate, due 02/25/2055
1.40%
Pagaya AI Debt Selection Trust Series 2025-7, Class E, 8.89%, due 05/15/2033
1.38%
U.S. Treasury Bill, 0%, due 12/30/2025
1.37%
Freddie Mac Series 5502, Class FD, Variable rate, due 02/25/2055
1.29%
Deephaven Residential Mortgage Trust Series 2021-1, Class B2, Variable rate, due 05/25/2065
1.28%
US Dollar
1.27%
Research-Driven Pagaya Motor Asset Trust I Series 2025-1A, Class A, 5.044%, due 06/27/2033
1.23%
Freddie Mac Series 5266, Class FA, Variable rate, due 09/25/2052
1.19%
Top 10 Weight 13.67%
229 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.095 |
| 2025-11-21 | 2025-11-21 | 2025-11-28 | 0.100 |
| 2025-10-21 | 2025-10-21 | 2025-10-31 | 0.105 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.115 |
| 2025-08-21 | 2025-08-21 | 2025-08-29 | 0.115 |
| 2025-07-22 | 2025-07-22 | 2025-07-31 | 0.115 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.115 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
