FYI: First Trust Advisors L.P. (“First Trust”) announced today that it has launched a new actively managed exchange-traded fund (“ETF”), the First Trust Long Duration Opportunities ETF (NYSE Arca: LGOV) (the “fund”). The fund seeks to generate current income with a focus on preservation of capital by investing at least 80% of its net assets (including investment borrowings) in investment grade fixed-income securities that are issued or guaranteed by the U.S. government.
Regards,
Ted
https://www.businesswire.com/news/home/20190123005474/en