UCON

First Trust TCW Unconstrained Plus Bond ETF
*Unless otherwise stated, data provided by FactSet.

UCON Fund Description

UCON is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality.

UCON Factset Analytics Insight

UCON seeks long-term total return with its broad discretion to invest in almost any kind of fixed income securities. The fund does not necessarily target any particular part of the bond market, but takes a flexible approach based on the manager’s top-down, long-term economic outlook. However, the manager may also employ independent, bottom-up research to identify undervalued securities. While UCON does have some exposure limits, they are fairly lax: up to 70% in high-yield debt, 60% in emerging-market debt, 50% in non-USD-denominated debt, and 50% each in residential MBS, commercial MBS, and ABS. MBS not backed by a government or government-sponsored agency is limited to 20% of the portfolio. Individual holdings may be of any maturity, but UCON’s portfolio duration will normally not exceed 10 years. The fund may also hold derivatives for hedging or duration management but not to exceed 20% of the portfolio.

PERFORMANCE [as of 10/20/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UCON -0.38% 0.05% 2.83% 4.55% 2.85% -- --
UCON (NAV) -0.39% -0.05% 2.82% 4.17% 2.92% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Multiverse -1.71% -1.86% -4.10% -1.31% 4.47% 2.52% 2.00%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UCON Summary Data

First Trust
06/04/18
Open-Ended Fund
0.76%
$713.72M
$4.60M
0.05%

UCON Portfolio Data

--
--
--
N/A
--

UCON Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Multiverse

UCON Portfolio Management

0.76%
--
--
--

UCON Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

UCON Fund Structure

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

UCON Factset Analytics Block Liquidity

As of 10/21/21
5
4
3
2
1

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

UCON Tradability

176,433
$4.60M
132,568
$3.45M
0.05%
$0.01
0.20%
0.52% / -0.54%
None
94.98%
50,000
2.60
0.04%
--
0
$26.49
N/A

UCON Top 10 Holdings[View All]

5.34%
4.90%
3.67%
3.53%
3.28%
2.71%
2.68%
2.08%
1.76%
1.74%
31.70%

UCON Performance Statistics

0.03
0.11
--
--
--

UCON Holdings Statistics

--
--
--
--
--
--
--

UCON Avg Life Maturity Distribution

--
--
--
--
--
--
--
--
--

UCON OAS Breakdown

--
--
--
--
--
--
--
--
--
--
--