FIXDFirst Trust TCW Opportunistic Fixed Income ETF
FIXD Fund Description
FIXD is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index. The fund may hold derivatives.
FIXD Factset Analytics Insight
FIXD can be compared to other actively managed “core bond” ETFs in the space. TCW, FIXD’s sub-advisor, is a household name in the fixed income mutual fund space. FIXD’s investors are paying for the ability of TCW to outperform the market. FIXD has a long leash in selecting its investments. It can hold securities of various issuers, sectors, maturities, and credit qualities. It can also hold derivatives, including OTC derivatives, for hedging and other purposes. It only aims to have a weighted average duration within 1 year of the iconic Bloomberg US Aggregate Index. Since FIXD can hold high-yield and/or non-USD denominated securities, it will have a rather different yield, credit, and currency exposure profile than similar funds with the same duration.
FIXD Summary Data
FIXD Portfolio Data
FIXD Index Data
FIXD Portfolio Management
FIXD Tax Exposures
FIXD Fund Structure
FIXD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FIXD. FIXD is rated a N/A out of 5.