What does First Trust Long Duration Opportunities ETF do?
First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) focuses on providing investors with a way to tap into the fixed income market, specifically targeting long-duration opportunities. The fund strategically invests in a variety of debt securities, aiming at the higher end of the yield curve to enhance potential returns while navigating interest rate risks. LGOV's objective centers around delivering a high level of current income, alongside the prospect of capital appreciation. By carefully selecting investments, the fund endeavors to offer both stability and opportunities for growth, making it a compelling choice for income-focused investors. Operating solely with a listing on the NYSE Arca provides a streamlined approach for investors looking to access its strategies.