FTGC - First Trust Global Tactical Commodity Strategy Fund
| Assets | $941.63M |
| NAV | $21.67 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Beta (5Y) | 0.51 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Dec 13, 2019 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $21.64 |
| Previous Close | $21.66 |
| Change ($) | -0.02 |
| Change (%) | -0.09% |
| Day's Open | 21.74 |
| Day's Range | 21.64 - 21.74 |
| Day's Volume | 673,606 |
| 52-Week Range | 13.75 - 22.79 |
Fund Description
The investment seeks to provide total return by providing investors with commodity exposure while seeking a relatively stable risk profile. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve attractive risk adjusted return by investing in commodity futures contracts and exchange-traded commodity linked instruments (collectively, Commodities Instruments) through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the Subsidiary). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.
| Asset Class Portfolio-Multi Asset | Sector Commodities General |
| Region North America | Inception Date Oct 23, 2013 |
| Exchange NASDAQ | Ticker Symbol FTGC |
| Index Tracked Benchmark for FTGC Fund | |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollars | n/a | 77.18% |
| Ft Cayman Subsidiary Ii | n/a | 22.23% |
| Morgan Stanley Instl Lqudty Trs Instl | MISXX | 0.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2021 | $0.00 | Mar 31, 2021 |
| Dec 13, 2019 | $0.1538 | Dec 31, 2019 |
| Dec 18, 2018 | $0.1344 | Dec 31, 2018 |
| Sep 14, 2018 | $0.00 | Sep 28, 2018 |
| Mar 22, 2018 | $0.0095 | Mar 29, 2018 |
| Dec 21, 2017 | $0.2497 | Dec 29, 2017 |
JPMorgan believes that commodities have probably started a new supercycle. Goldman Sachs and some other market watchers are also bullish on commodities.
Commodities ETFs are a great way for investors to jump into the sector while avoiding the volatility of owning individual stocks.