First Trust Low Duration Strategic Focus ETF (LDSF)
First Trust Low Duration Strategic Focus ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $18.89, up 0.08% on the session, giving a market capitalisation of $164.1M. Its beta of 0.47 implies it has historically moved less than the broad market.
The First Trust Low Duration Strategic Focus ETF (the "Fund") aims primarily to deliver consistent current income to investors, with a secondary objective focused on capital preservation. Under typical market conditions, the Fund pursues these goals by allocating at least 80% of its net assets (inclusive of any borrowed funds for investment) into a diversified portfolio of U.S.-listed exchange-traded funds (ETFs). These chosen ETFs predominantly hold securities designed to generate income, ensuring the Fund maintains an overall effective portfolio duration of no more than three years.
First Trust Low Duration Strategic Focus ETF is most often compared with the following Financial Services names: