LMBSFirst Trust Low Duration Opportunities ETF
LMBS Fund Description
LMBS is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years.
LMBS Factset Analytics Insight
LMBS is an actively managed MBS ETF that has a duration target and reaches beyond agency-backed MBS to include non-agency and commercial MBS, for relative value and yield. As such, the portfolio carries material credit risk that is greater than that of pure-play agency-MBS funds. The fund's low-duration mandate increases its appeal to investors who are nervous about rising interest rates but LMBS’ short-duration mandate can lead to high portfolio turnover, with further implications for holding costs. Institutions should work with market makers on block trades, as some underlying non-agency-backed MBS and CMBS can be hard to access.
LMBS Summary Data
LMBS Portfolio Data
LMBS Index Data
LMBS Portfolio Management
LMBS Tax Exposures
LMBS Fund Structure
LMBS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LMBS. LMBS is rated a 5 out of 5.
LMBS Sector/Industry Breakdown