First Trust Limited Duration Investment Grade Corporate ETF (FSIG): ETF
ETF traded on ARCX under symbol FSIG. Quoted in usd.
First Trust Limited Duration Investment Grade Corporate ETF
FSIG offers exposure to short-term US investment-grade corporate debts. The actively managed fund includes notes, bonds, commercial papers, as well as senior loans issued by US companies of any market-cap. The funds strategy involves a combination of bottom-up and top-down analysis which evaluates each companys credit fundamentalsfrom cash flow consistency and valuation up to management quality, while at the same time looks into industry trends and macroeconomic perspective considering factors such as yield curve management, diversification, and relative value. The fund attempts to maintain a weighted average duration of within one year deviation from its benchmarkBloomberg US Corporate 1-5 Year Index. Additionally, the fund may invest up to 20% of its assets in high-yield corporate debts and floating-rate bonds.
Largest holdings
- MSCI INC 4%, due 11/15/20291.47%
- CROWDSTRIKE HOLDINGS INC 3%, due 02/15/20291.38%
- GLOBAL PAYMENTS INC 0%, due 11/09/20260.99%
- 1011778 BC / NEW RED FIN 5.625%, due 09/15/20290.94%
- SMURFIT KAPPA TREASURY 5.20%, due 01/15/20300.85%
- CONSTELLATION SOFTWARE 5.158%, due 02/16/20290.85%
- BERRY GLOBAL INC 5.50%, due 04/15/20280.76%
- IQVIA INC 5.70%, due 05/15/20280.73%
- ABC SUPPLY CO INC 4%, due 01/15/20280.71%
- MEDLINE BORROWER LP 3.875%, due 04/01/20290.70%
30d
415.49K
60d
465.78K
90d
382.35K