FCEF

First Trust Income Opportunities ETF
*Unless otherwise stated, data provided by FactSet.

FCEF Fund Description

FCEF is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund's primary objective is to provide current income.

FCEF Factset Analytics Insight

FCEF is actively-managed to invest in publicly traded closed-end funds (CEFs) in providing current income to investors. It can invest in CEFs with exposure to a broad range of assets: US and non-US equities, government debt, corporate debt, municipal debt, commodities, preferred securities, convertible securities, high yield securities, MLPs, and senior loans. By their nature the underlying CEFs can exhibit significant premiums and discounts to net asset value. FCEF’s selection and weighting approach remains largely opaque to investors which includes a proprietary methodology involving various factors such as economic factors, fund size, duration, leverage ratio, average maturity, earnings rate, undistributed net investment income, distribution rate, premium or discount, net asset value and share price returns, sponsor and distribution policies.

PERFORMANCE [as of 05/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FCEF -- -- -- -- -- -- --
FCEF (NAV) -10.78% -13.84% -20.17% -11.94% 2.86% 4.10% --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FCEF Summary Data

First Trust
09/27/16
Open-Ended Fund
2.46%
$29.76M
0.48%

FCEF Portfolio Data

4.77%
N/A

FCEF Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FCEF Fund Structure

No
No
-- / --
N/A
N/A
High
N/A
N/A

FCEF Tax Exposures

20.00% / 39.60%
--
No

FCEF Factset Analytics Block Liquidity

As of 05/13/22
5
4
3
2
1

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

FCEF Tradability

4,674
$102.59K
4,045
$86.25K
0.48%
$0.11
0.02%
1.69% / -0.90%
None
100.00%
50,000
0.08
0.04%
--
0
$20.27
N/A