First Trust Securitized Plus ETF

Frequently Asked Questions About DEED

What does DEED invest in?

The First Trust Securitized Plus ETF, known by its ticker DEED, is structured with the main goal of achieving optimal long-term total returns for its investors. Under typical market conditions, this exchange-traded fund commits a substantial portion—at least 80%—of its net assets (which includes any leveraged or borrowed funds) to various types of securitized debt instruments. This portfolio encompasses securities such as asset-backed securities (ABS), residential and commercial mortgage-backed securities (MBS), and collateralized loan obligations (CLOs).

What is the expense ratio of DEED?

First Trust Securitized Plus ETF (DEED) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

What is DEED's dividend yield?

DEED's trailing-twelve-month yield is 4.80%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DEED?

Effective duration measures DEED's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DEED's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DEED?

DEED's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DEED?

Yield to maturity (YTM) is the total return you'd earn from DEED if every bond in the portfolio is held to maturity at the current price. DEED's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.