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Morningstar

First Trust Low Duration Oppos ETF LMBS

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis LMBS

Will LMBS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LMBS’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LMBS management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LMBS’s parent organization’s priorities and whether they’re in line with investors’ interests.

A distinct mortgage-focused short-term bond offering.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Modest analytical support combined with the embedded risks of First Trust Low Duration Opportunities ETF’s LMBS mortgage-heavy approach limits this strategy’s appeal. It earns a Morningstar Medalist Rating of Neutral.

by Saraja Samant
Rated on Published on

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Portfolio Holdings LMBS

More LMBS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −10.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 24

17.65 637.2 Mil
Government

Morgan Stanley Instl Lqudty Trs Instl

12.25 442.2 Mil
Cash and Equivalents

Federal National Mortgage Association 5%

2.70 97.5 Mil
Securitized

Federal National Mortgage Association 4%

2.43 87.9 Mil
Securitized

United States Treasury Notes 4.625%

2.24 80.7 Mil
Government

Fnma Pass-Thru I 4%

2.19 79.0 Mil
Securitized

United States Treasury Notes 4.625%

2.16 78.1 Mil
Government

Federal National Mortgage Association 3%

2.09 75.3 Mil
Securitized

Fnma Pass-Thru I 4%

1.87 67.6 Mil
Securitized

United States Treasury Notes 2.5%

1.66 59.9 Mil
Cash and Equivalents