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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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Government
Bonds, Cash & Other100.00%
Securitized80.82%
Government17.83%
Mutual fund0.73%
Cash0.49%
ETF0.20%
Rights & Warrants−0.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LGOV invests in bonds. The fund's major sectors are Securitized, with 80.82% stocks, and Government, with 17.83% of the basket. The assets are mostly located in the N/A region.
LGOV last dividends amounted to 0.07 USD. The month before, the issuer paid 0.07 USD in dividends,
LGOV assets under management is 661.17 M USD. It's risen 4.53% over the last month.
LGOV fund flows account for 73.49 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.
Yes, LGOV pays dividends to its holders with the dividend yield of 3.91%. The last dividend (Aug 29, 2025) amounted to 0.07 USD. The dividends are paid monthly.
LGOV shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jan 22, 2019, and its management style is Active.
LGOV expense ratio is 0.67% meaning you'd have to pay 0.67% of your investment to help manage the fund.
LGOV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LGOV invests in bonds.
LGOV price has risen by 2.25% over the last month, and its yearly performance shows a −3.36% decrease. See more dynamics on LGOV price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.89% increase in three-month performance and has increased by 0.77% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.89% increase in three-month performance and has increased by 0.77% in a year.
LGOV trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.