First Trust Launches Limited Duration Bond ETF, 'FSIG'
November 18, 2021 at 14:16 PM EST
First Trust has announced the release of their newest ETF that invests in corporate bonds with limited duration in a press release. The First Trust Limited Duration Investment Grade Corporate ETF seeks to provide current income in investment-grade bonds while maintaining a portfolio with a weighted average duration within one year of the U.S. Corporate Bond 1-5 Year Index.