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Morningstar

First Trust TCW Unconstrained Pls Bd ETF UCON

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

Morningstar’s Analysis UCON

Will UCON 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 UCON’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the UCON 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 UCON’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin First Trust TCW Unconstrained Pls Bd ETF's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings UCON

More UCON Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 880
  • Other Holdings 28
  • % Assets in Top 10 Holdings 28.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Mar 24

12.67
284,727,024
Government

5 Year Treasury Note Future Mar 24

9.57
215,142,532
Government

United States Treasury Bills 0%

4.37
98,326,940
Government

Federal National Mortgage Association 0%

3.73
83,856,430
Securitized

Dreyfus Govt Cm Inst 289

3.48
78,330,859
Cash and Equivalents

Federal National Mortgage Association 0%

3.14
70,522,618
Securitized

United States Treasury Bills 0%

2.80
63,022,348
Government

United States Treasury Notes 4.625%

2.42
54,351,735
Government

Federal National Mortgage Association 0%

1.99
44,697,211
Securitized

Federal National Mortgage Association 0%

1.73
38,957,554
Securitized