Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
First Trust Long Duration Opp ETF LGOV
Morningstar’s Analysis LGOV
Will LGOV 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 44.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
5 Year Treasury Note Future June 24 | 17.32 | 116.6 Mil | Government |
2 Year Treasury Note Future June 24 | 12.84 | 86.5 Mil | Government |
10 Year Treasury Note Future June 24 | 10.84 | 73.0 Mil | Government |
Morgan Stanley Instl Lqudty Trs Instl | 4.16 | 28.0 Mil | Cash and Equivalents |
Federal National Mortgage Association 2.5% | 2.58 | 17.4 Mil | Securitized |
United States Treasury Bonds 4.375% | 2.49 | 16.8 Mil | Government |
Federal Home Loan Mortgage Corp. 3% | 2.38 | 16.0 Mil | Securitized |
United States Treasury Bonds 4.5% | 2.27 | 15.3 Mil | Government |
United States Treasury Bonds 4.25% | 2.24 | 15.1 Mil | Government |
Fnma Pass-Thru I 3.5% | 2.16 | 14.6 Mil | Securitized |