Skip to Content
Morningstar

First Trust SSI Strat Convert Secs ETF FCVT

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

Morningstar’s Analysis FCVT

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

  • People Pillar

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

A bumpy ride

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

A specialized team paired with a standard investment approach drives First Trust SSI Strategic Convertible Securities ETF FCVT; however, a willingness to amplify its equity sensitivity contributes to a volatile profile, supporting a Morningstar Medalist Rating of Neutral.

by Chiayi Tsui
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FCVT

More FCVT Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Govt Cm Inst 289

2.69 2.1 Mil
Cash and Equivalents

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

1.89 1.5 Mil
Financial Services

Liberty Media Corp Del 2.375%

1.73 1.3 Mil
Corporate

Palo Alto Networks Inc 0.375%

1.70 1.3 Mil
Corporate

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

1.66 1.3 Mil
Financial Services

DexCom Inc 0.25%

1.60 1.2 Mil
Corporate

Zillow Group Inc 2.75%

1.52 1.2 Mil
Corporate

Royal Caribbean Group 6%

1.52 1.2 Mil
Corporate

Akamai Technologies, Inc. 0.125%

1.52 1.2 Mil
Corporate

Morgan Stanley Finance LLC. 0.125%

1.41 1.1 Mil
Corporate