First Trust Exchange-Traded Fund IV First Trust Core Investment Grade ETF
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About First Trust Exchange-Traded Fund IV First Trust Core Investment Grade ETF
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Inception date
Nov 7, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FTCB broadly invests in fixed income securities of various maturities rated as investment grade. The broad portfolio may comprise of corporate and government securities from around the world, including TIPS, asset-backed securities, and CLOs. Investments could also include securities by non-US corporations and governments, including issuers tied to emerging markets. Using quantitative and qualitative methods, the fund reviews macroeconomic and sector-specific risks and opportunities. It aims to maximize long-term total return through a relative value approach in which a securitys risk-versus-reward characteristics are assessed against other securities. Along with its value orientation, the fund utilizes an active approach to duration, yield curve, sector and security-specific risk. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time. The fund may invest in derivatives that open investors to counterparty risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Government
Bonds, Cash & Other100.00%
Securitized54.93%
Corporate23.56%
Government16.03%
Mutual fund2.94%
Cash2.04%
Municipal0.37%
Miscellaneous0.10%
ETF0.04%
Stock breakdown by region
North America92.69%
Europe7.31%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTCB invests in bonds. The fund's major sectors are Securitized, with 54.93% stocks, and Corporate, with 23.56% of the basket. The assets are mostly located in the N/A region.
FTCB last dividends amounted to 0.08 USD. The month before, the issuer paid 0.08 USD in dividends,
FTCB assets under management is 1.08 B USD. It's risen 10.27% over the last month.
FTCB fund flows account for 1.07 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTCB pays dividends to its holders with the dividend yield of 5.26%. The last dividend (May 30, 2025) amounted to 0.08 USD. The dividends are paid monthly.
FTCB shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Nov 7, 2023, and its management style is Active.
FTCB expense ratio is 0.57% meaning you'd have to pay 0.57% of your investment to help manage the fund.
FTCB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTCB invests in bonds.
FTCB price has fallen by −0.72% over the last month, and its yearly performance shows a −0.52% decrease. See more dynamics on FTCB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.53% over the last month, showed a −1.28% decrease in three-month performance and has decreased by −0.75% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.53% over the last month, showed a −1.28% decrease in three-month performance and has decreased by −0.75% in a year.
FTCB trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.