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 7
  • Bond Holdings 1040
  • Other Holdings 7
  • % Assets in Top 10 Holdings −37.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Mar 24

6.67
174,428,406
Government

Federal National Mortgage Association 3.5%

5.07
132,607,060
Securitized

United States Treasury Notes 4.625%

3.51
91,682,500
Government

Fnma Pass-Thru I 4%

3.19
83,318,384
Securitized

Federal National Mortgage Association 3%

3.13
81,884,337
Securitized

United States Treasury Bills 0%

2.76
72,221,728
Government

Fnma Pass-Thru I 4%

2.74
71,655,380
Securitized

United States Treasury Bills 0%

2.62
68,413,593
Government

Morgan Stanley Instl Lqudty Trs Instl

2.49
65,151,651
Cash and Equivalents

United States Treasury Notes 2.5%

2.27
59,209,193
Government