First
Trust Low Beta Income ETF (FTLB) is an exchange-traded fund that seeks
to provide current income while also minimizing exposure to
volatility. The fund invests primarily in a diversified portfolio of
U.S. high-yield corporate bonds with a low beta relative to the
overall market. FTLB is managed by First Trust Advisors and is based
in Wheaton, Illinois.
FTLB had a net asset value of
approximately $115 million. The fund held 293 bonds, with the largest
allocations in the consumer non-cyclical, energy, and communications
sectors.
FTLB offers investors exposure to high-yield corporate
bonds with a low beta, which can help to minimize exposure to market
volatility. The fund provides a diversified portfolio of bonds, which
can help to reduce the risk of defaults and other credit events.
Like all exchange-traded funds, FTLB is subject to various risks,
including interest rate risk, credit risk, and market risk. However,
FTLB can be a useful tool for investors seeking exposure to high-yield
corporate bonds with a low beta as part of a diversified portfolio.
FTLB is traded on the NASDAQ stock exchange under the ticker
symbol FTLB. Investors should carefully consider their investment
objectives, risk tolerance, and other factors before investing in FTLB
or any other exchange-t
|
