USX:UCON - First Trust TCW Unconstrained Plus Bond ETF First Trust TCW Unconstrained
Sector: Unknown, Industry: Unknown
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USD 24.6    -0.01 (-0.04%)

28 Mar 2024


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Description

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. It may invest a significant portion of its assets in securitized investment products, including up to 50% of its net assets in each of asset-backed securities, residential mortgage-backed securities and commercial mortgage-backed securities.

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