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First Trust Intermediate Duration Investment Grade Corporate ETF
First Trust Intermediate Duration Investment Grade Corporate ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in fixed income markets. It primarily invests in investment grade corporate debt securities that are rated Baa3/BBB- or higher by at least one nationally recognized statistical rating organization. The fund employs fundamental analysis with bottom-up security picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the Bloomberg US Credit Corp 5-10 Year Index and the Bloomberg US Aggregate Bond Index. First Trust Intermediate Duration Investment Grade Corporate ETF was formed on August 2, 2023 and is domiciled in the United States.