First Trust Income Etf Profile
| FCEF Etf | USD 22.48 0.10 0.45% |
Performance16 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 22.48 as of the 30th of November 2024. This is a 0.45 percent increase since the beginning of the trading day. The etf's lowest day price was 22.45. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objectives by investing in a portfolio of closed-end investment companies and exchange-traded funds that are listed and traded in the United States on registered exchanges. CEF Income is traded on NASDAQ Exchange in the United States. More on First Trust Income
Moving together with First Etf
| 0.88 | AOA | iShares Core Aggressive | PairCorr |
| 0.77 | RLY | SPDR SSgA Multi | PairCorr |
| 0.85 | GAL | SPDR SSgA Global | PairCorr |
| 0.85 | PPI | Investment Managers | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Global Allocation, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2016-09-27 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 40.4 Million |
| Average Trading Valume | 8,599.7 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Ken Fincher |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 56.0 |
| Market Maker | Susquehanna |
| Total Expense | 3.29 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 21.5 |
| Name | First Trust Income Opportunity ETF |
| Currency Code | USD |
| Open Figi | BBG00DX33754 |
| In Threey Volatility | 15.24 |
| 1y Volatility | 8.9 |
| 200 Day M A | 21.1963 |
| 50 Day M A | 22.144 |
| Code | FCEF |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.07) |
First Trust Income [FCEF] is traded in USA and was established 2016-09-27. The fund is listed under Global Allocation category and is part of First Trust family. The entity is thematically classified as Target Outcome ETFs. First Trust Income currently have 24.08 M in assets under management (AUM). , while the total return for the last 3 years was 3.9%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust Income Etf Constituents
| RVT | Royce Value Closed | Stock | Financials | |
| HQH | Tekla Healthcare Investors | Stock | Financials | |
| UTF | Cohen And Steers | Fund | Asset Management | |
| THQ | Tekla Healthcare Opportunities | Fund | Asset Management | |
| RNP | Cohen Steers Reit | Fund | Asset Management | |
| KIO | Kkr Income Opportunities | Fund | Asset Management | |
| JQC | Nuveen Credit Strategies | Fund | Asset Management | |
| HTD | John Hancock Tax | Fund | Asset Management |
First Trust Income Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1512 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | 0.0069 | |||
| Sortino Ratio | (0.13) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of First Trust Income is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.