FTGC

First Trust Global Tactical Commodity Strategy Fund
CLOSING PRICECHANGE (%)VOLUME
$19.38+0.08 (0.42%)15.98K
3:59:00 p.m. (ET) 06/28/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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C

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

FTGC Fund Description

The First Trust Global Tactical Commodity Strategy Fund is an actively managed fund that, through a subsidiary, provides broad exposure to commodities through futures contracts. The fund is structured as a 1940 Act open-ended fund.

FTGC FactSet Analytics Insight

FTGC brought active management to the commodities space. The fund doesn't directly own futures contracts, but gains exposure to commodities through its holdings in a Cayman Islands-based subsidiary, which holds futures contracts and is also eligible to hold commodity ETFs and structured products tied to commodities. Since the fund limits its holding in the subsidiary to 25%, it aims to qualify as a regulated investment company and is structured as a 1940 Act open-ended fund, as opposed to a commodities pool. It can short futures, as well as hold commodity ETFs and other structured vehicles tied to commodities, and overall it doesn't look much like our front-month GSCI benchmark. Its sector biases can swing far from neutral exposure. The fund trades well, across manageable spreads, and its cash-only creation structure makes things simple for larger investors. FTGC charges a high but typical fee for actively managed funds, but it's worth noting that its structure means that FTGC intends to be taxed like other equity funds, and does not distribute K-1 forms to its investors.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FTGC Top 10 Contracts

FTGC Summary Data

10/23/13
Open-Ended Fund
0.95%
$143.13 M
$1.52 M
0.19%

FTGC Portfolio Data

Futures
Variable
N/A
16

FTGC Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI

Related ETFs to FTGC

PDBC, RCOM, DWAC, GSG, GSP
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FTGC Portfolio Management

0.95%
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--
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FTGC Tax Exposures

20.00% / 39.60%
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No

FTGC Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:3319.38200
13:12:0319.37215
10:17:0719.30100
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Bats BZX Real-time Quote - 19:43:41
Average Spread
Premium/Discount
Volume

FTGC FactSet Analytics Block Liquidity

As of 06/28/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FTGC. FTGC is rated a 5 out of 5.

FTGC Tradability

76,375
$1.52 M
30,267
$589.95 K
0.19%
$0.04
-0.07%
0.52% / -0.51%
None
100.00%
50,000
0.61
0.05%
--
--
$19.30
5

FTGC Performance Statistics

0.55
0.60
0.56
0.52
0.01%