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NASDAQ:LMBS

First Trust Low Duration Mortgage ETF Company Profile

NASDAQ Stock Exchange
Open Broker Account
$47.60
+0.0200 (+0.0420%)
At Close: Apr 26, 2024
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Information

800-621-1675

Description

The investment seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in mortgage-related debt securities and other mortgage-related instruments (collectively, "Mortgage-Related Investments"). The advisor normally expects to invest in Mortgage-Related Investments tied to residential and commercial mortgages. It is non-diversified.

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About First Trust Low Duration Mortgage Opportunities ETF

The investment seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in mortgage-related debt securities and other mortgage-related instruments (collectively, "Mortgage-Related Investments"). The advisor normally expects to invest in Mortgage-Related I... LMBS Profile

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