First Trust Core Investment Grade ETF
FTCB
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- Nov 8, 2023
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF (FTCB) is an actively managed exchange-traded fund that seeks to maximize long-term total return by investing primarily in a diversified portfolio of investment grade debt securities issued by U.S. entities, including U.S. Treasury securities, agency mortgage-backed securities from Fannie Mae and Freddie Mac, investment grade corporate bonds, and asset-backed securities; it also holds municipal bonds, supranational debt, and variable rate securities such as senior loans and collateralized loan obligations. The fund's portfolio, comprising approximately 647 holdings as of late 2025, features significant allocations to U.S. Treasuries (e.g., notes and bonds with maturities through 2055), government agency debt (e.g., GNMA and Freddie Mac pass-throughs), and corporate issuers like MSCI Inc., Constellation Brands, and Conagra Brands; it targets intermediate core bond exposure with a focus on broad investment grade fixed income across various maturities and sectors, including emerging market elements. FTCB operates within the fixed income ETF segment, serving institutional and retail investors seeking income and capital preservation through investment grade securities traded on the NYSE Arca exchange; its geographic focus is predominantly U.S.-centric with limited non-U.S. issuer exposure. The fund is a series of First Trust Exchange-Traded Fund IV, headquartered at 120 East Liberty Drive, Suite 400, Wheaton, Illinois, with First Trust Advisors L.P. serving as investment advisor; First Trust, founded in 1991, manages the fund alongside a broad lineup of ETFs, UITs, and other products with over $300 billion in assets under supervision as of late 2025. Launched on November 7, 2023, FTCB represented First Trust's expansion of its actively managed fixed income offerings, marking a strategic addition to its lineup of taxable fixed income ETFs; the fund has since grown assets under management to approximately $680 million while maintaining a net expense ratio of 0.55% and announcing periodic distributions, including those declared in December 2025. Recent operational updates include new board and audit committee appointments announced in March 2024, alongside ongoing portfolio adjustments to respond to macroeconomic conditions such as interest rate shifts and credit market dynamics; no major acquisitions, partnerships, or name changes have been reported in the last two years.