First Trust declares monthly distributions
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First Trust Exchange-Traded Fund VIII - First Trust Low Duration Strategic Focus ETF is an exchange traded fund of fund launched and managed by First Trust Advisors L.P. It invests in fixed income markets of the United States. The fund invests in mortgage-related debt securities including residential mortgage-backed securities, commercial mortgage-backed securities, stripped mortgage-backed securities, collateralized mortgage obligations and real estate mortgage investment conduits with an effective duration of three years or less. It employs fundamental analysis with bottom-up and top-down securities selection approach. The fund seeks to benchmark the performance of its portfolio against the Bloomberg 1-5 Year Government/Credit Index, the Bloomberg U.S. Aggregate Bond Index and a composite index comprising of 80% of the Bloomberg 1-5 Year Government/Credit Index and 20% of the ICE BofA US High Yield Constrained Index. First Trust Exchange-Traded Fund VIII - First Trust Low Duration Strategic Focus ETF was formed on January 3, 2019 and is domiciled in the United States.