Home » ETF » FCVT

FCVT - First Trust SSI Strategic Convertible Securities ETF

Stock Price: $51.85 USD -0.15 (-0.29%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $278.49M
NAV $52.06
Expense Ratio 0.95%
PE Ratio n/a
Beta (5Y) 0.83
Dividend (ttm) $0.84
Dividend Yield 1.62%
Ex-Dividend Date Mar 25, 2021
1-Year Return -
Trading Day April 16
Last Price $51.85
Previous Close $52.00
Change ($) -0.15
Change (%) -0.29%
Day's Open 52.30
Day's Range 51.76 - 52.00
Day's Volume 20,874
52-Week Range 29.66 - 55.90

Fund Description

The investment seeks total return. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S. and non-U.S. convertible securities. In general, convertible securities combine the investment characteristics of bonds and common stocks and typically consist of debt securities or preferred securities that may be converted or exchanged within a specified period of time into a certain amount of common stock or other equity security of the same or a different issuer.

Asset Class
Portfolio-Multi Asset
Sector
Managed ETFs
Region
Global
Inception Date
Nov 4, 2015
Exchange
NASDAQ
Ticker Symbol
FCVT
Index Tracked
Barclays U.S. Convertible Cash Pay Bond > $250MM Index

Top 10 Holdings

18.15% of assets
NameSymbolWeight
TESLA INC Convertible, 2%, due 05/15/2024TSLA 2 05/15/242.47%
Broadcom Inc., Series A, 8.00%, Due 09/30/2022AVGO 8 09/30/22 A2.42%
US Dollarn/a2.10%
SQUARE INC Convertible, 0.50%, due 05/15/2023SQ 0.5 05/15/231.83%
SNAP INC Convertible, 0.75%, due 08/01/2026SNAP 0.75 08/01/261.77%
CHEGG INC Convertible, 0%, due 09/01/2026CHGG 0 09/01/261.67%
ZILLOW GROUP INC Convertible, 2.75%, due 05/15/2025Z 2.75 05/15/251.65%
MICROCHIP TECHNOLOGY INC Convertible, 1.625%, due 02/15/2027MCHP 1.625 02/15/271.46%
NCL CORPORATION LTD Convertible, 5.375%, due 08/01/2025NCLH 5.375 08/01/251.39%
PALO ALTO NETWORKS Convertible, 0.75%, due 07/01/2023PANW 0.75 07/01/231.39%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Mar 25, 2021$0.04Mar 31, 2021
Feb 23, 2021$0.04Feb 26, 2021
Jan 21, 2021$0.04Jan 29, 2021
Dec 24, 2020$0.04Dec 31, 2020
Nov 24, 2020$0.04Nov 30, 2020
Oct 21, 2020$0.04Oct 30, 2020
Full Dividend History

News

Hide News

The volume of convertible bond sales has reached its highest levels since 2007 this year.

Other tickers mentioned: BOND, CWB, ICVT, SPY, TLT
7 months ago - Zacks Investment Research

The volume of convertible bond sales has reached its highest levels since 2007 this year.

Other tickers mentioned: BOND, CWB, ICVT, SPY
9 months ago - Zacks Investment Research

Convertible bond ETFs could be one answer for investors whom are concerned about the extended bull equity run and the pressure for high-yield bonds.

Other tickers mentioned: CWB, ICVT
1 year ago - ETF Trends