First Trust Smith Opportunistic Fixed Income ETF

First Trust Smith Opportunistic Fixed Income ETF is an actively managed bond ETF focused on diversified fixed income exposure. The fund seeks to maximize long-term total return by investing at least 80% of its assets in a broad mix of fixed income securities, including U.S. Treasuries, government-related bonds, corporate debt, mortgage-backed securities, asset-backed securities, and other taxable bond instruments. It is designed to provide broad participation across investment-grade credit markets while maintaining a flexible, opportunistic approach to security selection and sector allocation. The portfolio spans multiple segments of the bond market and may use derivatives as part of its investment process. First Trust Smith Opportunistic Fixed Income ETF serves investors looking for professionally managed exposure to core-plus fixed income strategies within a single exchange-traded fund structure.