What is FJUL?

FJUL aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FJUL 1.50% -0.27% -4.60% -3.21% -- -- --
FJUL (NAV) 1.91% -0.46% -4.62% -2.96% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 1.18% -1.89% -17.19% -15.47% 9.67% 10.62% 13.04%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FJUL Factset Analytics Insight

FJUL uses options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each July. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on SPY, in exchange for preventing realization of the first 10% losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed and uses flex options exclusively.

FJUL Summary Data

First Trust
07/17/20
0.85%
$220.53M
No Underlying Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
+$0.04B 90 Days

FJUL Portfolio Data

--
--
--
--
N/A
--

FJUL Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FJUL Portfolio Management

0.85%
--
--
--

FJUL Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FJUL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

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

FJUL Tradability

30,155
$1.01M
22,030
$735.19K
0.19%
$0.06
-0.07%
0.40% / -0.60%
None
100.00%
50,000
0.44
0.01%
--
0
$34.98
N/A

FJUL Sector/Industry Breakdown

FJUL Segment
Benchmark
99.11% --
0.89% --

FJUL Top 10 Holdings

99.11%
-0.00%
100.00%

FJUL Performance Statistics

0.94
0.58
0.61
0.59
0.67%
MSCI USA Large Cap Index

FJUL Benchmark Comparison Holdings

--
--
--
--

FJUL Benchmark Comparison Summary

FJUL Segment
Benchmark
-- --
-- --
-- --
-- --
-- --
-- --

FJUL Benchmark Comparison Market Cap Size

FJUL Segment
Benchmark
-- --
-- --
-- --
-- --