Key stats
About First Trust Structured Credit Income Opportunities ETF
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Inception date
Feb 27, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738D7701
SCIO aims to seize opportunities within the structured credit investment space through a relative value approach. The strategy combines quantitative and qualitative methods to evaluate risk-reward profiles. The funds investments include agency and non-agency-issued RMBS, CMBS, CLOs, and ABS, with at least 50% consisting of pass-through securities, as well as mortgage-related securities such as CMOs, SMBs, REMIC, and mortgage dollar rolls. Additionally, derivatives such as futures, forwards, options, and swaps may be used to enhance returns, manage risks, and maintain market exposure. Up to 60% of the holdings may consist of sub-investment grade securities, including distressed ones. Utilizing third-party models, the fund aims to maintain a weighted average portfolio duration of -1 to +6 years. The fund may enter short sale transactions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized85.42%
Mutual fund8.41%
Cash5.57%
Miscellaneous0.57%
Rights & Warrants0.02%
Futures0.01%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SCIO last dividends amounted to 0.11 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 9.52% decrease.
SCIO assets under management is 85.95 M USD. It's risen 38.20% over the last month.
SCIO fund flows account for 70.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SCIO pays dividends to its holders with the dividend yield of 6.71%. The last dividend (Oct 31, 2025) amounted to 0.10 USD. The dividends are paid monthly.
SCIO shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Feb 27, 2024, and its management style is Active.
SCIO expense ratio is 0.86% meaning you'd have to pay 0.86% of your investment to help manage the fund.
SCIO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SCIO invests in bonds.
SCIO price has fallen by −0.24% over the last month, and its yearly performance shows a 2.17% increase. See more dynamics on SCIO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.82% increase in three-month performance and has increased by 8.42% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.82% increase in three-month performance and has increased by 8.42% in a year.
SCIO trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.