First Trust Intermediate Government Opportunities ETF (MGOV)
ETF overview
The First Trust Intermediate Government Opportunities ETF endeavors to achieve the greatest possible total return over the long term. Under typical market conditions, the fund will commit at least 80% of its net assets, including any capital borrowed for investment purposes, to debt instruments issued or backed by the United States government, its agencies, or government-sponsored entities, collectively known as "Government Securities." Its holdings in these Government Securities encompass publicly traded U.S. Treasury products, such as bonds, notes, and bills, alongside mortgage-backed instruments like pass-through securities, collateralized mortgage obligations (CMOs), and commercial mortgage-backed securities (CMBS). The fund also possesses the flexibility to allocate capital to exchange-traded funds that primarily invest in Government Securities, as well as derivative instruments including futures contracts, options, and swap agreements that derive their value from Government Securities. Additionally, the fund may acquire mortgage-related securities via "to-be-announced" transactions, which include mortgage dollar rolls, and can invest in both fixed-rate and floating-rate securities.
Fund facts
- Expense ratio
- 0.50%
- Fund assets
- 93.77M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Aug 2, 2023
- Number of holdings
- 213
Breakdown
Holdings (213)
| Name | Ticker | Weight |
|---|---|---|
| US ULTRA BOND CBT Dec26 | 7.70% | |
| US 2YR NOTE (CBT) Dec26 | 7.70% | |
| Fannie Mae or Freddie Mac TBA, 5.50%, due 04/01/2056 | 5.53% | |
| US 5YR NOTE (CBT) Dec26 | 4.79% | |
| GNMA G2 MA7366, 2%, due 05/20/2051 | 4.55% | |
| Fannie Mae or Freddie Mac TBA, 6%, due 06/01/2056 | 3.55% | |
| Fannie Mae FN MA4319, 2%, due 04/01/2051 | 3.28% | |
| Fannie Mae FN MA4392, 2.50%, due 07/01/2051 | 3.02% | |
| Fannie Mae FN MA4057, 2.50%, due 06/01/2050 | 3.02% | |
| Fannie Mae Series 2025-49, Class FA, Variable rate, due 06/25/2055 | 2.53% | |
| and 200 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
First Trust Intermediate Government Opportunities ETF (MGOV)
- Expense ratio
- 0.50%
- Fund assets
- 93.77M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Aug 2, 2023
- Number of holdings
- 213
| Name | Ticker | Weight |
|---|---|---|
| US ULTRA BOND CBT Dec26 | 7.70% | |
| US 2YR NOTE (CBT) Dec26 | 7.70% | |
| Fannie Mae or Freddie Mac TBA, 5.50%, due 04/01/2056 | 5.53% | |
| US 5YR NOTE (CBT) Dec26 | 4.79% | |
| GNMA G2 MA7366, 2%, due 05/20/2051 | 4.55% | |
| Fannie Mae or Freddie Mac TBA, 6%, due 06/01/2056 | 3.55% | |
| Fannie Mae FN MA4319, 2%, due 04/01/2051 | 3.28% | |
| Fannie Mae FN MA4392, 2.50%, due 07/01/2051 | 3.02% | |
| Fannie Mae FN MA4057, 2.50%, due 06/01/2050 | 3.02% | |
| Fannie Mae Series 2025-49, Class FA, Variable rate, due 06/25/2055 | 2.53% | |
| and 200 more | ||
The First Trust Intermediate Government Opportunities ETF endeavors to achieve the greatest possible total return over the long term. Under typical market conditions, the fund will commit at least 80% of its net assets, including any capital borrowed for investment purposes, to debt instruments issued or backed by the United States government, its agencies, or government-sponsored entities, collectively known as "Government Securities." Its holdings in these Government Securities encompass publicly traded U.S. Treasury products, such as bonds, notes, and bills, alongside mortgage-backed instruments like pass-through securities, collateralized mortgage obligations (CMOs), and commercial mortgage-backed securities (CMBS). The fund also possesses the flexibility to allocate capital to exchange-traded funds that primarily invest in Government Securities, as well as derivative instruments including futures contracts, options, and swap agreements that derive their value from Government Securities. Additionally, the fund may acquire mortgage-related securities via "to-be-announced" transactions, which include mortgage dollar rolls, and can invest in both fixed-rate and floating-rate securities.
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