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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 Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest 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 —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future June 24

17.68 574.3 Mil
Government

2 Year Treasury Note Future June 24

11.33 367.8 Mil
Government

United States Treasury Bills 0%

3.38 109.7 Mil
Government

United States Treasury Bills 0%

3.34 108.4 Mil
Government

Dreyfus Govt Cm Inst 289

3.32 108.0 Mil
Cash and Equivalents

United States Treasury Bills 0%

2.93 95.1 Mil
Government

United States Treasury Notes 4.5%

2.24 72.8 Mil
Government

Federal National Mortgage Association 0%

1.18 38.2 Mil
Securitized

Currency Contract - Usd

1.00 32.6 Mil
Derivative

Government National Mortgage Association 0%

0.98 31.8 Mil
Securitized