A specialized convertible investment team runs First Trust SSI Strategic Convertible Securities ETF. However, a willingness to amplify the portfolio’s equity sensitivity contributes to a volatile profile.
First Trust SSI Strat Convert Secs ETF FCVT
Morningstar’s Analysis FCVT
Will FCVT outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 2.25 | 2.0 Mil | Financial Services |
Royal Caribbean Group 6% | 2.13 | 1.9 Mil | Corporate |
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 2.04 | 1.8 Mil | Financial Services |
Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | 2.00 | 1.8 Mil | Financial Services |
Liberty Media Corp Del 2.375% | 1.55 | 1.4 Mil | Corporate |
NextEra Energy Capital Holdings Inc 3% | 1.50 | 1.3 Mil | Corporate |
Morgan Stanley Finance LLC. 0.125% | 1.48 | 1.3 Mil | Corporate |
Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref St | 1.40 | 1.2 Mil | Basic Materials |
DexCom Inc 0.375% | 1.38 | 1.2 Mil | Corporate |
Microstrategy Incorporated 0.625% | 1.36 | 1.2 Mil | Corporate |