FCVT — First Trust SSI Strategic Convertible Securities ETF
First Trust SSI Strategic Convertible Securities ETF (ticker: FCVT) is a bond ETF issued by First Trust tracking ACTIVE - No Index. It was launched on 2015-11-03.
About FCVT
The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an actively managed fund that invests in a portfolio of convertible securities. It aims to generate total return through income and capital appreciation by investing in bonds that can be converted into a predetermined amount of the issuing company's stock. FCVT is classified under Fixed Income: Global - Corporate, Convertible, and holds 144 securities. Investors might consider this ETF for exposure to convertible bonds within a actively managed framework.
- FCVT is an actively managed ETF focusing on convertible securities.
- The fund holds 144 convertible bond positions.
- It invests primarily in North American corporate convertible bonds.
- Investors may consider FCVT for diversified convertible bond exposure managed by investment professionals.
- The expense ratio for FCVT is 0.95%.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 0.36% |
| 1 Week | -3.48% |
| 1 Month | 0.89% |
| 3 Months | 17.59% |
| 6 Months | 18.69% |
| YTD | 20.51% |
| 1 Year | 39.63% |
| 3 Years | 69.36% |
| 5 Years | 36.54% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | US Dollar | $USD | 6.77% |
| 2 | US Dollar | $USD | 6.77% |
| 3 | US Dollar | $USD | 6.77% |
| 4 | US Dollar | $USD | 6.77% |
| 5 | US Dollar | $USD | 6.36% |
| 6 | US Dollar | $USD | 6.36% |
| 7 | US Dollar | $USD | 6.36% |
| 8 | LUMENTUM HOLDINGS INC Convertible, 0.375%, due 03/15/2032 | 55024UAJ8 | 5.92% |
| 9 | LUMENTUM HOLDINGS INC Convertible, 0.375%, due 03/15/2032 | 55024UAJ8 | 5.92% |
| 10 | LUMENTUM HOLDINGS INC Convertible, 0.375%, due 03/15/2032 | 55024UAJ8 | 5.92% |
Fund Profile
| Issuer | First Trust |
|---|---|
| Brand | First Trust |
| Asset Class | bond |
| Strategy | Active |
| Structure | ETF |
| Category | Preferred Stock/Convertible Bonds |
| Segment | Fixed Income: Global - Corporate, Convertible |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2015-11-03 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | FCVT |
|---|---|
| Full Name | First Trust SSI Strategic Convertible Securities ETF |
| Issuer | First Trust |
| Asset Class | bond |
| Expense Ratio | 0.01% |
| AUM | $118.82M |
| Inception | 2015-11-03 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does FCVT track?
FCVT (First Trust SSI Strategic Convertible Securities ETF) tracks ACTIVE - No Index, a bond benchmark.
What is the expense ratio of FCVT?
FCVT has an expense ratio of 0.01% per year.
What is the AUM of FCVT?
FCVT has approximately $118.82M in assets under management.
Does FCVT pay a dividend?
FCVT distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues FCVT?
FCVT is issued by First Trust, launched on 2015-11-03.
Open the interactive FCVT dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.