Skip to Content
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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LMBS

More LMBS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 24

17.74 636.7 Mil
Government

Morgan Stanley Instl Lqudty Trs Instl

10.22 367.0 Mil
Cash and Equivalents

Federal National Mortgage Association 4.5%

2.72 97.7 Mil
Securitized

Federal National Mortgage Association 4%

2.56 91.8 Mil
Securitized

United States Treasury Notes 4.625%

2.32 83.3 Mil
Government

5 Year Treasury Note Future June 24

2.26 81.1 Mil
Government

United States Treasury Notes 4.625%

2.24 80.6 Mil
Government

Fnma Pass-Thru I 4%

2.19 78.5 Mil
Securitized

Federal National Mortgage Association 3.5%

2.09 74.9 Mil
Securitized

Fnma Pass-Thru I 4%

1.87 67.2 Mil
Securitized