FCVTFirst Trust SSI Strategic Convertible Securities ETF
FCVT Fund Description
FCVT is an actively managed fund of convertible securities from within and outside the US.
FCVT Factset Analytics Insight
FCVT, launched November 2015, is the first actively managed portfolio of convertible securities. SSI—the investment manager of the fund—combines quantitative and fundamental analysis to select securities that it believes represent superior value and favorable risk/reward characteristics. The fund has no geographic restrictions and can even hold convertible debt denominated in other currencies. Its broad mandate allows it to invest in issuers of any credit quality, maturity, and size, subject only to liquidity requirements. The fund may make certain investment decisions through its active management to meet its objectives. FCVT’s unconstrained strategy could appeal to investors who believe that the convertibles space is not as efficient as other pockets of the financial markets and thus affords an opportunity to generate alpha.
FCVT MSCI ESG Analytics Insight
First Trust SSI Strategic Convertible Securities ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.80 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust SSI Strategic Convertible Securities ETF ranks in the 25th percentile within its peer group and in the 22nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FCVT Summary Data
FCVT Portfolio Data
FCVT Index Data
FCVT Portfolio Management
FCVT Tax Exposures
FCVT Fund Structure
FCVT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FCVT. FCVT is rated a N/A out of 5.