UCON Stock, First Trust TCW Unconstrained Plus Bond Information
Stock Information
Company Name: | First Trust TCW Unconstrained Plus Bond |
Stock Symbol: | UCON |
Market: | NYSE |
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About First Trust TCW Unconstrained Plus Bond
The investment seeks to maximize long-term total return. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. The fund may invest a significant portion of its assets in securitized investment products, including up to 50% in each of ABS, RMBS and CMBS. It may also utilize listed and over-the-counter (OTC) traded derivatives instruments for duration/yield curve management and/or hedging purposes. The fund is non-diversified.