First Trust Global Tactical Commodity Strategy FundFirst Trust Global Tactical Commodity Strategy FundFirst Trust Global Tactical Commodity Strategy Fund

First Trust Global Tactical Commodity Strategy Fund

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Key stats


Assets under management (AUM)
‪2.38 B‬USD
Fund flows (1Y)
‪−54.31 M‬USD
Dividend yield (indicated)
2.94%
Discount/Premium to NAV
0.03%
Shares outstanding
‪97.55 M‬
Expense ratio
0.98%

About First Trust Global Tactical Commodity Strategy Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Oct 22, 2013
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
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 Portfolios LP
Distributor
First Trust Portfolios LP
FTGC brought active management to the commodities space. The fund doesn't directly own futures contracts, but gains exposure to commodities through its holdings in a Cayman Islands-based subsidiary which holds futures contracts. The fund can also short futures, hold commodity ETFs, and structured products tied to commodities. Since the fund limits its holding in the subsidiary to 25%, it aims to qualify as a regulated investment company and is structured as a 1940 Act open-ended fund, as opposed to a commodities pool. Overall it doesn't look much like a front-month GSCI benchmark. Its sector biases can swing far from neutral exposure. Its cash-only creation structure makes things simple for larger investors. FTGC’s structure means that it intends to be taxed like other equity funds, and does not distribute K-1 forms to its investors.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Variable
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Bonds, Cash & Other100.00%
Government62.48%
Mutual fund29.55%
Agency7.97%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FTGC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTGC trades at 24.01 USD today, its price has fallen −0.33% in the past 24 hours. Track more dynamics on FTGC price chart.
FTGC net asset value is 24.10 today — it's fallen 1.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTGC assets under management is ‪2.38 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTGC price has fallen by −2.43% over the last month, and its yearly performance shows a −1.64% decrease. See more dynamics on FTGC price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.82% over the last month, showed a −2.09% decrease in three-month performance and has decreased by −1.68% in a year.
FTGC fund flows account for ‪−54.31 M‬ 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTGC invests in bonds. See more details in our Analysis section.
FTGC expense ratio is 0.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTGC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTGC technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTGC shows the buy signal. See more of FTGC technicals for a more comprehensive analysis.
Yes, FTGC pays dividends to its holders with the dividend yield of 2.94%.
FTGC trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTGC shares are issued by AJM Ventures LLC
FTGC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 22, 2013.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.