Equity Overview
Price & Market Data
Price: $18.87
Daily Change: +$0.03 / 0.16%
Range: $18.84 - $18.88
Market Cap: $0
Volume: 17,456
Details
Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust.