What is FOCT?

FOCT 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 11/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FOCT 5.44% 1.31% -5.01% -3.96% -- -- --
FOCT (NAV) 5.81% 1.58% -4.95% -3.95% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 6.96% -2.46% -15.62% -14.38% 10.72% 11.25% 13.32%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FOCT Factset Analytics Insight

FOCT uses options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each October. 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.

FOCT Summary Data

First Trust
10/16/20
0.85%
$311.93M
No Underlying Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.00B 5 Days
+$0.12B 30 Days
+$0.15B 90 Days

FOCT Portfolio Data

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N/A
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FOCT Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

FOCT Portfolio Management

0.85%
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FOCT Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FOCT Fund Structure

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

Factset Analytics Block Liquidity

As of 11/25/22

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

FOCT Tradability

179,088
$5.82M
46,619
$1.49M
0.21%
$0.07
-0.09%
0.37% / -0.68%
None
--
50,000
0.93
0.01%
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0
$34.00
N/A

FOCT Top 10 Holdings

100.00%
100.00%

FOCT Performance Statistics

0.93
0.63
0.69
0.63
0.62%
MSCI USA Large Cap Index

FOCT Benchmark Comparison Holdings

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FOCT Benchmark Comparison Summary

FOCT Segment
Benchmark
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FOCT Benchmark Comparison Market Cap Size

FOCT Segment
Benchmark
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