Key stats
About First Trust Long Duration Opportunities ETF
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Inception date
Jan 22, 2019
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US33738D6067
LGOVs active manager uses a top-down analysis of market fundamentals, followed by a bottom-up analysis of sub-sectors, to construct the portfolio of long-term government bonds with a weighted average effective duration of eight or more years. The fund includes Treasurys, agency MBS, TBAs, and other securities backed by the full faith and credit of the US government. Like most active funds, LGOV may invest up to 20% of its portfolio in out-of-mandate securities, potentially including sub-investment-grade or unrated debt. In addition, the fund can hold short positions for up to 30% of its portfolio value.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LGOV trades at 21.89 USD today, its price has fallen −0.12% in the past 24 hours. Track more dynamics on LGOV price chart.
LGOV net asset value is 21.92 today — it's risen 2.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LGOV assets under management is 659.78 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LGOV price has risen by 2.22% over the last month, and its yearly performance shows a −2.80% decrease. See more dynamics on LGOV price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.34% increase in three-month performance and has increased by 1.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.34% increase in three-month performance and has increased by 1.27% in a year.
LGOV fund flows account for 65.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LGOV invests in bonds. See more details in our Analysis section.
LGOV expense ratio is 0.67%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LGOV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LGOV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LGOV shows the buy signal. See more of LGOV technicals for a more comprehensive analysis.
Today, LGOV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LGOV shows the buy signal. See more of LGOV technicals for a more comprehensive analysis.
Yes, LGOV pays dividends to its holders with the dividend yield of 3.90%.
LGOV trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LGOV shares are issued by AJM Ventures LLC
LGOV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 22, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.