First Trust Low Duration Opportunities ETF’s modest analytical support and embedded risks of investing in niche securitized debt outweigh the benefits of an experienced management team.
First Trust Low Duration Oppos ETF LMBS
Morningstar’s Analysis LMBS
Will LMBS outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 0.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future Dec 24 | 18.81 | 821.6 Mil | Government |
Morgan Stanley Instl Lqudty Trs Instl | 12.20 | 532.9 Mil | Cash and Equivalents |
5 Year Treasury Note Future Dec 24 | 3.67 | 160.2 Mil | Government |
Federal National Mortgage Association 3% | 2.51 | 109.8 Mil | Securitized |
Federal National Mortgage Association 5% | 1.92 | 83.7 Mil | Securitized |
United States Treasury Notes 4.375% | 1.87 | 81.7 Mil | Government |
Fnma Pass-Thru I 4% | 1.83 | 79.9 Mil | Securitized |
Federal National Mortgage Association 2.5% | 1.78 | 77.7 Mil | Securitized |
Fnma Pass-Thru I 4% | 1.57 | 68.4 Mil | Securitized |
United States Treasury Notes 3.75% | 1.29 | 56.3 Mil | Government |