The First Trust Intermediate Government Opportunities ETF endeavors to achieve the greatest possible total return over the long term. Under typical market conditions, the fund will commit at least 80% of its net assets, including any capital borrowed for investment purposes, to debt instruments issued or backed by the United States government, its agencies, or government-sponsored entities, collectively known as "Government Securities." Its holdings in these Government Securities encompass publicly traded U.S. Treasury products, such as bonds, notes, and bills, alongside mortgage-backed instruments like pass-through securities, collateralized mortgage obligations (CMOs), and commercial mortgage-backed securities (CMBS). The fund also possesses the flexibility to allocate capital to exchange-traded funds that primarily invest in Government Securities, as well as derivative instruments including futures contracts, options, and swap agreements that derive their value from Government Securities. Additionally, the fund may acquire mortgage-related securities via "to-be-announced" transactions, which include mortgage dollar rolls, and can invest in both fixed-rate and floating-rate securities.

iShares 20+ Year Treasury Bond ETF

Cash & Others

First Trust Intermediate Government Opportunities ETF

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of debt securities issued or guaranteed by the U.S. government (including U.S. Treasury bonds, notes and bills), its agencies or government-sponsored entities. The fund's investments in government securities include publicly-issued U.S. Treasury securities and mortgage-related securities such as pass-through securities, collateralized mortgage obligations ("CMOs") and commercial mortgage-backed securities ("CMBS"). It is non-diversified.

MGOV Holdings & Sector Breakdown

MGOV Holdings & Sector Breakdown