First Trust Securitized Plus ETF
DEED
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Apr 30, 2020
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust TCW Securitized Plus ETF (DEED) is an actively managed exchange-traded fund that seeks to maximize total return, consisting of current income and capital appreciation, by investing at least 80% of its net assets in securitized debt securities across broad maturities; these include U.S. agency mortgage-backed securities issued by Fannie Mae, Freddie Mac and Ginnie Mae, non-agency residential and commercial mortgage-backed securities, asset-backed securities such as automobile receivables, structured credit and collateralized loan obligations, and U.S. Treasury futures for duration management. The fund, domiciled in the United States and listed on NYSE Arca under the ticker DEED, targets investors seeking exposure to diversified securitized credit opportunities within the fixed income asset class. Launched on April 29, 2020, by First Trust Advisors L.P., the fund is part of First Trust Exchange-Traded Fund VIII and is headquartered in Wheaton, Illinois, where First Trust Advisors L.P. and its affiliate First Trust Portfolios L.P. are based. In a significant operational change, the Board of Trustees approved the termination of the investment sub-advisory agreement with TCW Investment Management Company LLC, effective May 9, 2025, after which First Trust Advisors L.P. assumed direct portfolio management responsibilities while maintaining the fund's existing investment strategies and policies as outlined in its prospectus. This transition followed TCW's expansion into its own fixed income ETFs and reflects First Trust's strategic shift in managing its suite of ETFs, including DEED with approximately $69-72 million in assets under management as of late 2025. The fund's top holdings as of October 2025 include variable-rate securities like Gracie Point International Funding 2025-1A Class D and Fannie Mae Series 2025-49 Class FA, alongside fixed-rate agency MBS such as Fannie Mae FN AL9394 3% and Freddie Mac FR SL1390 4%, comprising roughly 69% securitized bonds, 26% government bonds, and minimal cash equivalents. No additional recent acquisitions, funding rounds, partnerships, or product launches beyond this sub-advisor change have been reported for the fund within the last two years.