ETF profile for First Trust Aaa Cmbs ETF (CAAA) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
CAAA ETF Profile
| Family: |
First Trust |
| Name: |
First Trust AAA CMBS ETF |
|
|
| Inception Date: |
27-Feb-2024 |
| Termination Date: |
|
| Investment Objective: |
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in commercial mortgage-backed securities ("CMBS") with a 'AAA' rating (or equivalent) at the time of purchase, as determined by at least one nationally recognized statistical rating organization ("NRSRO") or, if unrated, as determined by the Advisor to be of comparable credit quality at the time of purchase. The Fund generally expects to invest at least 90% of its net assets in CMBS with a 'AAA' rating (or equivalent) at the time of purchase, as determined by at least one NRSRO or, if unrated, as determined by the Advisor to be of comparable credit quality at the time of purchase. The Fund will not invest in CMBS with a rating below "A-" (or equivalent) at the time of purchase. However, after purchase, a CMBS may have its rating reduced below the minimum rating required by the Fund for purchase. In such cases, the Fund will consider whether to continue to hold the CMBS. In the case of a split rating on a security between one or more of the NRSROs, the Fund will consider the highest rating. |
|
|
| Prospectus |
|
|
|
| Top 10 Holdings |
|
|
|
Top 10 Holdings Weight: |
|
| Number of Holdings: |
|
| Shares Outstanding: |
1,750,002 |
| Total Net Assets: |
34,702,540 |
| NAV: |
19.80 |
| Net Expense Ratio: |
0.30% |
|
|
| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
|
| Strategy: |
|
| Currency: |
|
| Commodity: |
|
| Sector: |
|
| Industry: |
|
| Dividend Type: |
|
| Tax Exempt State: |
|
| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
|
| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
CMBS |
| Bond Type: |
Non - Government Asset Backed Securities |
| Gov't Bond Types: |
|
| Reit Type: |
|
| Leverage Direction/Factor: |
|
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
