First Trust Smith Opportunistic Fixed Income ETFFirst Trust Smith Opportunistic Fixed Income ETFFirst Trust Smith Opportunistic Fixed Income ETF

First Trust Smith Opportunistic Fixed Income ETF

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Key stats


Assets under management (AUM)
‪3.50 B‬USD
Fund flows (1Y)
‪−1.47 B‬USD
Dividend yield (indicated)
4.31%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪81.05 M‬
Expense ratio
0.65%

About First Trust Smith Opportunistic Fixed Income ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Feb 14, 2017
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FIXD can be compared to other actively managed core bond ETFs in the space. TCW, FIXD`s sub-advisor, is a household name in the fixed income mutual fund space. FIXD`s investors are paying for the ability of TCW to outperform the market. FIXD has a long leash in selecting its investments. It can hold securities of various issuers, sectors, maturities, and credit qualities. It can also hold derivatives, including OTC derivatives, for hedging and other purposes. It only aims to have a weighted average duration within 1 year of the iconic Bloomberg US Aggregate Index. Since FIXD can hold high-yield and/or non-USD denominated securities, it will have a rather different yield, credit, and currency exposure profile than similar funds with the same duration. Prior to May 9, 2025 the sub-advisor was TCW and the fund name contained TCW in place of Smith.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Securitized
Stock breakdown by region
96%3%0.2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FIXD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FIXD trades at 42.84 USD today, its price has risen 0.21% in the past 24 hours. Track more dynamics on FIXD price chart.
FIXD net asset value is 42.80 today — it's fallen 0.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FIXD assets under management is ‪3.50 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FIXD price has fallen by −0.49% over the last month, and its yearly performance shows a −0.07% decrease. See more dynamics on FIXD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.82% over the last month, showed a −0.50% decrease in three-month performance and has increased by 2.73% in a year.
FIXD fund flows account for ‪−1.47 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FIXD invests in bonds. See more details in our Analysis section.
FIXD expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FIXD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FIXD technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FIXD shows the strong sell signal. See more of FIXD technicals for a more comprehensive analysis.
Yes, FIXD pays dividends to its holders with the dividend yield of 4.31%.
FIXD trades at a premium (0.20%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FIXD shares are issued by AJM Ventures LLC
FIXD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 14, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.