First Trust Limited Duration Investment Grade Corporate ETF

Frequently Asked Questions About FSIG

What does FSIG invest in?

FSIG offers exposure to short-term US investment-grade corporate debts. The actively managed fund includes notes, bonds, commercial papers, as well as senior loans issued by US companies of any market-cap. The funds strategy involves a combination of bottom-up and top-down analysis which evaluates each companys credit fundamentalsfrom cash flow consistency and valuation up to management quality, while at the same time looks into industry trends and macroeconomic perspective considering factors such as yield curve management, diversification, and relative value. The fund attempts to maintain a weighted average duration of within one year deviation from its benchmarkBloomberg US Corporate 1-5 Year Index. Additionally, the fund may invest up to 20% of its assets in high-yield corporate debts and floating-rate bonds.

What is the expense ratio of FSIG?

First Trust Limited Duration Investment Grade Corporate ETF (FSIG) charges an expense ratio of 0.44%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSIG?

First Trust Limited Duration Investment Grade Corporate ETF (FSIG) manages $1.51B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FSIG actively managed or an index fund?

FSIG is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSIG's is 0.44%) in exchange for the discretion to over- or under-weight positions.

When was FSIG launched?

First Trust Limited Duration Investment Grade Corporate ETF (FSIG) launched in November 2021 and is managed by First Trust.

How has FSIG performed?

FSIG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.