Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds (ETFs) that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust.
Frequently asked questions
What is the First Trust Low Duration Strategic Focus (LDSF) expense ratio?
The First Trust Low Duration Strategic Focus funds expense ratio is 0.75%.
What is First Trust Low Duration Strategic Focus (LDSF) current stock price?
As of the latest data, First Trust Low Duration Strategic Focus stock price is $18.79, with a previous close of $18.81. First Trust Low Duration Strategic Focus lost -$0.02 in the last trading session, representing a -0.11% loss.
Does First Trust Low Duration Strategic Focus (LDSF) pay dividends?
Yes. First Trust Low Duration Strategic Focus pays monthly dividends with an annualized yield of 4.7% and an estimated annual payout of $0.88 per share.