First Trust SSI Strategic Convertible Securities ETF (FCVT)

NASDAQ: FCVT · Delayed Price · USD
37.57
0.09 (0.23%)
At close: Jan 24, 2022 4:00 PM
37.57
0.00 (0.00%)
After-hours:Jan 24, 2022 4:15 PM EST
Assets$207.96M
NAV$37.47
Expense Ratio0.95%
PE Ration/a
Shares Out5.55M
Dividend (ttm)$9.86
Dividend Yield26.23%
Ex-Dividend DateJan 21, 2022
1-Year Return-29.20%
Volume114,115
Open37.29
Previous Close37.48
Day's Range36.03 - 37.57
52-Week Low36.03
52-Week High36.03
Beta0.79
Holdings136
Inception DateNov 4, 2015

About FCVT

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 ClassPortfolio-Multi Asset
SectorManaged ETFs
RegionGlobal
IssuerFirst Trust Portfolios
Stock ExchangeNASDAQ
Ticker SymbolFCVT
Index TrackedBarclays U.S. Convertible Cash Pay Bond > $250MM Index

Top 10 Holdings

20.76% of assets
NameSymbolWeight
Palo Alto Networks Inc 0.75%N/A2.65%
Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser AN/A2.53%
ON Semiconductor Corp.N/A2.40%
Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser BN/A2.39%
DexCom Inc 0.25%N/A2.24%
NextEra Energy Inc UnitN/A1.78%
Us DollarsN/A1.71%
Live Nation Entertainment, Inc. 2.5%N/A1.69%
Pioneer Natural Resources Company 0.25%N/A1.69%
Southwest Airlines Co. 1.25%LUV 1.25 05.01.251.67%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jan 21, 2022$0.150Jan 31, 2022
Dec 23, 2021$8.9858Dec 31, 2021
Nov 23, 2021$0.150Nov 30, 2021
Oct 21, 2021$0.150Oct 29, 2021
Sep 23, 2021$0.100Sep 30, 2021
Aug 24, 2021$0.040Aug 31, 2021
Full Dividend History

News

Happy With Soaring Nasdaq? Convertible Bond ETF Beat It Lately

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

Other symbols:BONDCWBICVTSPYTLT
1 year ago - Zacks Investment Research

Convertible Bond ETFs: A Pandemic Winner

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

Other symbols:BONDCWBICVTSPY
1 year ago - Zacks Investment Research

Convertible Bond ETF Plays for an Extended Bull Market

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 symbols:CWBICVT
2 years ago - ETF Trends