First Trust Enhanced Stocks, Bonds & Gold ETF
ESBG
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- First Trust Exchange-Traded Fund VII - First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) is an actively managed exchange-traded fund that seeks long-term total return by investing primarily in U.S. Treasury securities, cash equivalents, and exchange-traded futures contracts providing exposure to the S&P 500 Index, intermediate U.S. Treasuries, and gold. The fund targets approximately 210% notional exposure, allocated equally across the three asset classes (roughly 70% each) on a monthly rebalance basis, utilizing liquid U.S. exchange-traded futures such as E-mini S&P 500 futures, 5-year U.S. Treasury note futures, and gold futures held indirectly through a wholly-owned Cayman Islands subsidiary advised by First Trust Advisors L.P.; direct holdings include Treasury securities for collateral and stability. ESBG serves institutional and retail investors seeking diversified exposure to equities for growth, bonds for stability, and gold as a potential hedge against inflation and volatility, with shares listed on NYSE Arca under ticker ESBG (CUSIP 33739H200). Launched on November 18, 2025, ESBG represents the latest addition to First Trust's actively managed ETF suite, expanding it to 187 funds as of November 2025 and underscoring the firm's focus on alternative strategies combining traditional and commodity-linked assets. First Trust Advisors L.P., the investment adviser since 1991 and headquartered in Wheaton, Illinois, manages ESBG through its Alternatives Investment Team, led by portfolio managers John Gambla, CFA, FRM, PRM, and Rob A. Guttschow, CFA. The fund declared its first quarterly distribution of $0.0500 per share in December 2025, issues Form 1099 for tax reporting without K-1s, and operates within First Trust Exchange-Traded Fund VII, a registered management investment company.