First Trust TCW Securitized Plus ETFFirst Trust TCW Securitized Plus ETFFirst Trust TCW Securitized Plus ETF

First Trust TCW Securitized Plus ETF

No trades
Buy DEED

Key stats


Assets under management (AUM)
‪73.26 M‬USD
Fund flows (1Y)
‪1.04 M‬USD
Dividend yield (indicated)
5.84%
Discount/Premium to NAV
−0.2%

About First Trust TCW Securitized Plus ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.76%
Inception date
Apr 29, 2020
Index tracked
No Underlying Index
Management style
Active
DEED is the second US ETF in the broad market space that offers access to securitized/asset-backed securities. It is actively managed to invest in asset-backed securities, residential and commercial mortgage-backed securities and collateralized loan obligations. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index, using its own research to identify undervalued securities with superior risk/reward profile. Roughly half of the portfolio is composed of securities issued by US government and its agencies, and the remaining may be invested in non-government and privately-issued MBS and other ABS. The fund is a mix of junk and investment-grade bonds of any maturities, and may opt to invest in OTC derivatives up to 25% of the portfolio.

Classification


Asset Class
Fixed income
Category
Broad market, asset-backed
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Miscellaneous
Bonds, Cash & Other100.00%
Securitized71.18%
Miscellaneous17.92%
Government5.72%
Cash4.92%
Corporate0.27%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.