The First Trust longDuration Opportunities ETFs primary investment objective is to generate current incomewith a focus on preservation of capital. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in a portfolio of investment-grade ...
The First Trust longDuration Opportunities ETFs primary investment objective is to generate current incomewith a focus on preservation of capital. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in a portfolio of investment-grade debt securities issued or guaranteed by the U.S. government, its agencies or government-sponsored entities, including publicly-issued U.S. Treasury securities and mortgage-related securities. It may also invest in exchange-traded funds that principally invest in such securities. The fund is non-diversified.
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