UCON

First Trust TCW Unconstrained Plus Bond ETF
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

UCON Fund Description

The First Trust TCW Unconstrained Plus Bond ETF is an actively managed portfolio with broad leeway to invest in various fixed income securities of almost any sector, maturity, or credit quality. The fund seeks long-term total return.

UCON Factset Analytics Insight

UCON’s active manager has 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, not to exceed 20% of the portfolio. While ultra-flexible, actively managed bond funds are not expected to come cheap, UCON still charges a bit more than its closest competitors.

UCON CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/10/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UCON 0.11% -- -- -- -- -- --
UCON (NAV) 0.46% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Multiverse Index -0.73% -1.03% -2.06% -1.17% 2.72% 1.13% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UCON Top 10 Holdings [View All]

UCON Summary Data

First Trust
06/04/18
Open-Ended Fund
0.75%
$25.19M
$295.73K
0.37%

UCON Portfolio Data

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08/21/18
276

UCON Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Multiverse Index

UCON Portfolio Management

0.75%
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UCON Tax Exposures

20.00% / 39.60%
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Ordinary income
No

UCON Fund Structure

Open-Ended Fund
No
--
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UCON Factset Analytics Block Liquidity

As of 08/13/18
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

10,272
$295.73K
2
0
0.37%
$0.09
0.07%
0.31% / -0.22%
None
--
50,000
0.00
0.04%
--
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$25.20
N/A

UCON Top 10 Holdings[View All]

9.32%
3.81%
1.37%
1.22%
1.17%
1.16%
1.13%
1.13%
1.05%
1.03%
22.39%

UCON Performance Statistics

0.12
0.14
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UCON HOLDINGS STATISTICS


UCON
Segment Benchmark
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Low
276
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N/A
BBB-

UCON MATURITY DISTRIBUTION


UCON
Segment Benchmark
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UCON CREDIT BREAKDOWN


UCON
Segment Benchmark
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