First Trust Intermediate Duration Investment Grade Corporate ETF
FIIG
New York Stock Exchange Arca- -
USD
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- -
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
FRC
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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
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Aug 7, 2023
- CIK
- 0001517936
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is an actively managed exchange-traded fund that seeks total return through a combination of current income and capital appreciation by investing at least 80% of its net assets in investment grade corporate debt securities, including notes, bonds, debentures, and commercial paper issued by U.S. and non-U.S. businesses; the fund emphasizes intermediate duration securities with mid interest-rate sensitivity and mid credit quality, primarily U.S. bonds (approximately 82%), non-U.S. bonds (15%), and cash equivalents. FIIG operates within the corporate bond segment of the fixed income market, targeting investors seeking exposure to investment grade corporates across sectors such as electric utilities, with top holdings including Bank of America Corp., Constellation Software Inc., and MSCI Inc.; it is domiciled in the United States, available for sale in the U.S., and listed on NYSE Arca with a net expense ratio of 0.65% and total net assets exceeding $554 million. Launched on August 2, 2023, FIIG is advised by First Trust Advisors L.P., with portfolio managers including Todd Larson, Scott Skowronski, and others, and headquartered in Wheaton, Illinois, through its issuer First Trust. In recent developments, the fund released its semi-annual report for the period ended April 30, 2025, and continued monthly distributions as announced by First Trust Advisors L.P. in 2025, including on October 20, September 24, and August 20; it also issued 19a-1 notices through September 30, 2025, alongside annual financial statements for the year ended October 31, 2024, reflecting ongoing operational transparency and portfolio management amid fixed income market conditions. FIIG maintains a focus on U.S.-centric operations with global bond exposure, non-diversified structure allowing concentration in fewer issuers, and no front-end or deferred loads, positioning it as part of First Trust's expanding lineup of taxable fixed income ETFs.