Fund Evaluator:
First Trust SSI Strat Convert Secs ETF (FCVT)
Follow This Fund
Hybrid Securities
Global Asset Class
Allocation
Fund Group
Convertibles
Category
$31.205
NAV (as of Oct 07)
$0.00
Minimum Initial
0.95% F
Expense Ratio
$120 Mil
Assets
Open
Status
0.00%
12b-1 Fee
1.10%
TTM Yield
0.00%
Max Load
122%
Portfolio Turnover
Best Performing in Convertibles Over the Last Year
| 36.4% | Harbor Ares Systematic Cnvrt Scs Ins (HACSX) |
| 35.8% | Harbor Ares Systematic Cnvrt Scs Inv (HICSX) |
| 35.5% | Fidelity Advisor Convertible Secs Z (FIQVX) |
| 35.4% | Fidelity Convertible Securities (FCVSX) |
| 32.4% | Invesco Convertible Securities Y (CNSDX) |
Data as of 6/30/2026
1.1% B
1-Mo Return
21.3% B
3-Mo Return
25.2% B
YTD Return
40.7% B
1-Yr Return
20.0% A
3-Yr Return
7.0% A
5-Yr Return
1.10 F
Category Risk Index
1.14
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
11/3/2015
Share Class Type
Equity Investment Style
Large-Cap
Growth
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
First Trust SSI Strat Convert Secs ETF Overview
FCVT Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FCVT Return (NAV) | 1.1% | 21.3% | 40.7% | 20.0% | 7.0% | 12.5% |
| FCVT Grade | B | B | B | A | A | F |
| +/- Category | 0.7% | 5.3% | 11.2% | 3.7% | 0.5% | 0.7% |
| Convertibles Avg | 0.4% | 16.0% | 29.4% | 16.3% | 6.5% | 11.7% |
| FCVT Tax Cost Ratio | na | na | 0.5% | 0.6% | 1.8% | 1.3% |
FCVT Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FCVT Return (NAV) | 25.2% | 20.5% | 11.3% | 6.9% | -20.3% | 3.7% | 51.3% | 22.4% | -1.5% | 13.6% | 6.8% |
| FCVT Grade | B | B | B | F | A | A | F | C | C | F | F |
| +/- Category | 6.7% | 4.4% | 0.1% | -1.9% | -2.5% | -1.2% | 8.9% | -0.5% | 0.0% | -0.2% | -1.3% |
| Convertibles Avg | 18.4% | 16.1% | 11.2% | 8.7% | -17.8% | 4.9% | 42.4% | 22.9% | -1.6% | 13.8% | 8.1% |
| Risk Measures | |
| Standard Deviation: | 13.9% |
| Total Risk Index: | 1.14 - Average |
| Category Risk Index: | 1.10 - High |
| Category Risk Grade: | F (133% Rank) |
| Beta: | 1.25 |
| R-Squared: | 70% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 1.1% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $120 Mil |
| Fund Total Assets: | $ 121 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 122% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 10.7 years | |||
| Average Tenure: 9.8 years | |||
| Managers (Year): Malik Ravi (2015), Opre Michael (2015), Eitner Florian (2015), Douglas George (2015), Wachtel Stephen (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 143 |
| % in Top 10 Holdings: | 21.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 5.6% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 14.3% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 79.2% |
| Other: | 0.0% |
| Cash: | 1.0% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | www.ftportfolios.com |
| Status: | Open |
| Inception Date: | November 3, 2015 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.95% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.11% |
| Share Class: | First Trust SSI Strat Convert Secs ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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