FTSM
Closed
First Trust Enhanced Short Maturity Etf
59.86
-0.01 (-0.02%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 59.87
Day's Range: 59.855 - 59.88
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When Written:
59.5073
The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that invests in short-term, investment-grade fixed-income securities. The fund aims to provide investors with a high level of current income while maintaining a low level of interest rate risk.
FTSM invests primarily in U.S. Treasury bills, commercial paper, and certificates of deposit, with an average maturity of less than one year. The fund is designed to provide a yield that is higher than that of traditional money market funds, while still maintaining a high level of liquidity.
FTSM has an expense ratio of 0.25%, which is relatively low compared to other fixed-income ETFs. The fund has over $13 billion in assets under management and has a 30-day SEC yield of 0.15% as of August 2021.
Investors looking for a low-risk, short-term fixed-income investment may consider FTSM as an option. However, it is important to note that the fund's returns are subject to interest rate risk and may fluctuate with changes in the market.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
FTSM invests primarily in U.S. Treasury bills, commercial paper, and certificates of deposit, with an average maturity of less than one year. The fund is designed to provide a yield that is higher than that of traditional money market funds, while still maintaining a high level of liquidity.
FTSM has an expense ratio of 0.25%, which is relatively low compared to other fixed-income ETFs. The fund has over $13 billion in assets under management and has a 30-day SEC yield of 0.15% as of August 2021.
Investors looking for a low-risk, short-term fixed-income investment may consider FTSM as an option. However, it is important to note that the fund's returns are subject to interest rate risk and may fluctuate with changes in the market.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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