Some of the most successful actively managed ETF launches have come to fruition in the fixed-income space, and First Trust is attempting to take that model one step farther.
Well-known funds that have amassed more than $1 billion in assets include the PIMCO Total Return ETF (NYSE: BOND) and AdvisorShares Peritus High Yield ETF (NYSE: HYLD).
Each of these ETFs competes against a plethora of established passive indexes with a unique risk management approach. Typically this is implemented through duration and asset allocation flexibility that the manager believes will produce superior results.
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New Player In The Game
With a similar goal in mind, the First Trust Strategic Income ETF (NASDAQ: FDIV) was launched on ...
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