Morningstar

First Trust Long Duration Opp ETF LGOV

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis LGOV

Will LGOV outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LGOV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LGOV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LGOV’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit First Trust Long Duration Opp ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LGOV

More LGOV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future Dec 24

16.12 128.6 Mil
Government

2 Year Treasury Note Future Dec 24

14.10 112.5 Mil
Government

5 Year Treasury Note Future Dec 24

9.98 79.6 Mil
Government

Morgan Stanley Instl Lqudty Trs Instl

3.50 27.9 Mil
Cash and Equivalents

Federal National Mortgage Association 2.5%

2.40 19.2 Mil
Securitized

United States Treasury Bonds 4.375%

2.25 18.0 Mil
Government

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5%

2.13 17.0 Mil
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 3%

2.07 16.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 3%

2.07 16.5 Mil
Securitized

United States Treasury Bonds 4.5%

2.05 16.4 Mil
Government

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