Morningstar

First Trust Low Duration Opportunities ETF LMBS

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

Morningstar’s Analysis LMBS

Will LMBS outperform in the 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.

Strong team but too risky for a short government bond offering.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Effective management of First Trust Low Duration Opportunities ETF’s aggressive approach is evident, and we have upgraded its People rating to Above Average from Average.

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 −19.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 26

17.45 984M
Government

Government National Mortgage Association 6.5%

3.49 197M
Securitized

Federal National Mortgage Association 6%

3.45 195M
Securitized

Morgan Stanley Instl Lqudty Trs Instl

2.03 114M
Cash and Equivalents

Federal National Mortgage Association 3%

1.81 102M
Securitized

Federal National Mortgage Association 3.5%

1.74 98M
Securitized

G2 788850 6 9/20/2066

1.71 96M
Securitized

Federal National Mortgage Association 5.5%

1.65 93M
Securitized

Federal National Mortgage Association 6.5%

1.42 80M
Securitized

Federal Home Loan Mortgage Corp. 4.65%

1.40 79M
Securitized

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