FTSM

First Trust Enhanced Short Maturity ETF
A

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*Unless otherwise stated, data provided by FactSet.

FTSM Fund Description

FTSM, an actively managed fund, invests primarily in a variety of fixed-income securities with a target maturity of less than 3 years.

FTSM Factset Analytics Insight

FTSM is an actively managed fund that primarily invests in a variety of fixed-income securities for capital preservation and income generation. It is a quasi-competitor to PIMCO's MINT and iShares' NEAR. However, rather than holding solely investment-grade securities, FTSM reaches into bank loans—often rated as non-investment grade—for additional yield. It doesn't look much like our benchmark, and it has yet to demonstrate that it can reliably deliver higher yields while preserving capital over the long-term. FTSM trades very well, with small spreads and robust daily volume. Larger investors looking at block execution will find decent liquidity, allowing the usual caveats for the liquidity-challenged fixed-income space. FTSM charges a reasonable fee, but investors should bear in mind that the portfolio can experience high turnover.

FTSM MSCI ESG Analytics Insight

First Trust Enhanced Short Maturity ETF has an MSCI ESG Fund Rating of BB based on a score of 4.12 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 Enhanced Short Maturity ETF ranks in the 22nd percentile within its peer group and in the 5th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FTSM Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 09/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FTSM 0.18% 0.68% 2.13% 2.58% 1.98% 16.51% --
FTSM (NAV) 0.18% 0.61% 2.12% 2.55% 1.95% 1.40% --
No Underlying Index -- -- -- -- -- -- --
N/A -0.16% 0.68% 4.30% 5.54% 2.29% 2.27% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FTSM Summary Data

First Trust
08/05/14
Open-Ended Fund
0.40%
$4.82B
$43.76M
0.02%

FTSM Portfolio Data

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09/30/19
663

FTSM Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FTSM Portfolio Management

0.40%
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FTSM Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FTSM Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FTSM Factset Analytics Block Liquidity

As of 09/16/19
5
4
3
2
1

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

FTSM Tradability

727,791
$43.76M
680,494
$40.93M
0.02%
$0.01
0.01%
0.07% / -0.05%
None
100.00%
50,000
13.61
0.02%
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0
$60.09
N/A

FTSM Top 10 Holdings[View All]

19.95%
8.21%
0.86%
0.82%
0.82%
0.71%
0.58%
0.56%
0.52%
0.51%
33.54%

FTSM Performance Statistics

0.21
0.05
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FTSM MSCI ESG Ratings

BB
4.12 / 10
4.76
22.21
8.56%
1.50%
308.98

FTSM Holdings Statistics

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Medium
663
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FTSM Avg Life Maturity Distribution

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FTSM OAS Breakdown

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