NASDAQ | ETF
Under normal market conditions, the fund seeks to achieve its investment objectives by investing in a portfolio ofU. S.-listed ETFs that is designed to follow the High Income Model developed by the advisor.
The fund, through its investments in the underlying ETFs comprising the High Income Model, seeks to provide investors with a diversified income stream by holding a blend of fixed income assets that are actively managed to seek levels of high income and total return.
It invests significantly in shares of the First Trust TCW Opportunistic Fixed Income ETF.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FIXD | First Trust TCW Opportunistic Fixed Income ETF | 32.04% | ||
| HYLS | First Trust Tactical High Yield ETF | 20.43% | ||
| LMBS | First Trust Low Duration Opportunities ETF | 15.21% | ||
| FSIG | First Trust Exchange-Traded Fund IV | 10.14% | ||
| LGOV | First Trust Long Duration Opportunities ETF | 7.25% | ||
| FTSL | First Trust Senior Loan Fund | 7.23% | ||
| FPEI | First Trust Institutional Preferred Securities and Income ETF | 5.16% | ||
| TLT | iShares Trust - iShares 20+ Year Treasury Bond ETF | 4.83% | ||
| FEMB | First Trust Emerging Markets Local Currency Bond ETF | 4.81% | ||
| FPE | First Trust Preferred Securities and Income ETF | 2.55% | ||
| FTSM | First Trust Enhanced Short Maturity ETF | 2.54% |