What is FSIG?

FSIG seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds.

PERFORMANCE [as of 03/29/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FSIG -- -- -- -- -- -- --
FSIG (NAV) 1.28% 0.14% 1.37% -1.41% -- -- --
No Underlying Index -- -- -- -- -- -- --
ICE BofA 1-5 Year AAA US Corporate Index 1.82% 1.67% 1.71% -0.69% -0.64% 1.36% 1.27%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FSIG Factset Analytics Insight

FSIG offers exposure to short-term US investment-grade corporate debts. The actively managed fund includes notes, bonds, commercial papers, as well as senior loans issued by US companies of any market-cap. The fund’s strategy involves a combination of bottom-up and top-down analysis which evaluates each company’s credit fundamentals—from cash flow consistency and valuation up to management quality, while at the same time looks into industry trends and macroeconomic perspective considering factors such as yield curve management, diversification, and relative value. The fund attempts to maintain a weighted average duration of within one year deviation from its benchmark—Bloomberg US Corporate 1-5 Year Index. Additionally, the fund may invest up to 20% of its assets in high-yield corporate debts and floating-rate bonds.

FSIG Summary Data

First Trust
11/17/21
0.56%
$488.70M
No Underlying Index
ICE BofA 1-5 Year AAA US Corporate Index
Open-Ended Fund

Peers

ICE BofA 1-5 Year AAA US Corporate Index

Fund Flows

+$0.01B 5 Days
+$0.06B 30 Days
+$0.47B 90 Days

FSIG Portfolio Data

2.38
--
5.27%
N/A
--

FSIG Index Data

No Underlying Index
Proprietary
Proprietary
ICE BofA 1-5 Year AAA US Corporate Index

FSIG Portfolio Management

0.56%
--
--
--

FSIG Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FSIG Fund Structure

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

Factset Analytics Block Liquidity

As of 03/30/23

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

FSIG Tradability

249,119
$4.66M
192,879
$3.62M
0.06%
$0.01
0.13%
0.39% / -0.37%
None
100.00%
--
--
--
--
0
$18.72
N/A

FSIG Sector/Industry Breakdown

FSIG Segment
Benchmark
32.54% --
12.54% --
10.03% --
9.71% --
9.54% --
6.02% --
4.21% --
3.93% --
3.75% --
2.96% --

FSIG Top 10 Holdings

9.06%
2.13%
1.86%
1.59%
1.56%
1.53%
1.47%
1.43%
1.40%
1.36%
23.39%

FSIG Performance Statistics

0.90
0.74
--
--
--

FSIG Top 5 Countries

FSIG Segment
Benchmark
94.12% --
3.78% --
1.35% --
0.74% --

FSIG Top 5 Currencies

FSIG Segment
Benchmark
94.12% --
3.78% --
1.35% --
0.74% --

FSIG Avg Life Maturity Distribution

8.30%
18.50%
42.15%
27.24%
3.82%
--
--
--
--

FSIG OAS Breakdown

87.67%
11.23%
1.10%
--
--
--
--
--
--
--
--

FSIG Holdings Statistics

2.69 years
2.38
5.27%
2.40
--
--
0.64%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.