First Trust Limited Duration Investment Grade Corporate ETF
FSIG
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
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
- Nov 18, 2021
- CIK
- 0001517936
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an actively managed exchange-traded fund that normally invests at least 80% of its net assets in investment-grade corporate debt securities, including fixed-rate and floating or adjustable rate securities, of U.S. and non-U.S. issuers rated investment grade at the time of purchase by at least one nationally recognized statistical rating organization or, if unrated, determined by First Trust Advisors L.P. to be of comparable quality; the fund seeks to outperform the Bloomberg U.S. Corporate Investment Grade 1-5 Year Index by selecting securities with limited duration, targeting a dollar-weighted duration between zero and three years. The portfolio comprises approximately 304 holdings, primarily U.S. bonds (around 77.6%), non-U.S. bonds (around 17.8%), and cash equivalents, with exposure to financial services and other sectors through mid-credit quality, limited interest-rate sensitivity bonds; it distributes monthly income, offering a trailing twelve-month dividend yield of approximately 4.56% as of mid-2025. FSIG trades on the NYSE Arca exchange with a net expense ratio of 0.55%, total net assets of approximately $1.28-$1.30 billion, and is available to investors in the United States. First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, with additional offices in Austin, Texas, and Franklin, Tennessee, serves as the investment adviser, supported by portfolio managers including Jeffrey Scott, William Housey, Eric Maisel, Nathan Simons, Todd Larson, and Scott Skowronski; First Trust Portfolios L.P., an affiliate, acts as sponsor and distributor. The fund operates within the short-term bond category, targeting institutional and retail investors seeking income and capital preservation with lower interest rate sensitivity amid varying market conditions. Launched on November 17, 2021, FSIG has grown steadily without major structural changes, though First Trust Advisors announced routine monthly distributions continuing into late 2025 and new board and audit committee appointments in March 2024 to enhance governance; in October 2025, the firm proposed reorganizations of four unrelated Vest-advised funds into new First Trust series, reflecting ongoing expansion of its ETF lineup, which reached 235 funds earlier in 2024 through fixed income and other launches. No significant acquisitions, partnerships, or product alterations specific to FSIG occurred in the last 1-2 years, maintaining focus on its core limited-duration investment-grade corporate bond strategy amid assets under management surpassing $299 billion firm-wide as of September 2025.