Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 60% of its net assets (including investment borrowings) in mortgage-related debt securities and other mortgage-related instruments (collectively, Mortgage-Related Investments). The advisor normally expects to invest in Mortgage-Related Investments tied to residential and commercial mortgages.
Frequently asked questions
What is the First Trust Low Duration Opportunities ETF (LMBS) expense ratio?
The First Trust Low Duration Opportunities ETF funds expense ratio is 0.64%.
What is First Trust Low Duration Opportunities ETF (LMBS) current stock price?
As of the latest data, First Trust Low Duration Opportunities ETF stock price is $49.13, with a previous close of $49.13. First Trust Low Duration Opportunities ETF gained $0.01 in the last trading session, representing a 0.02% increase.
Does First Trust Low Duration Opportunities ETF (LMBS) pay dividends?
Yes. First Trust Low Duration Opportunities ETF pays monthly dividends with an annualized yield of 4.15% and an estimated annual payout of $2.04 per share.