Nasdaq Dorsey Wright

There is a change to the First Trust Fixed Income Model (Total Return) (FTFIXINC.TR) this week.

There is a change to the First Trust Fixed Income Model (Total Return) (FTFIXINC.TR) this week.

The change involves the removal of the First Trust Tactical High Yield (HYLS) as it fell below the sell threshold within the Model’s relative strength matrix. In its place it is adding the First Trust SSI Strategic Convertible Securities ETF (FCVT), which is the highest-ranking ETF within the matrix not already owned. This marks the third trade in the Model for a third month in a row as it continues to adapt to trends within the Fixed Income space. While a holding within the Model, the Tactical High Yield Fund was able to gain over 19% on a total return basis, outperforming the Aggregate Bond fund (AGG.TR) by more than 14% (8/23/2022 to 5/20/2025). With the change, the Fixed Income (Total Return) Model retools its exposure to an equal mix of equity income and fixed income funds. The Model will rebalance the four holdings to equally at 25% and will maintain exposure to Senior Loans FTSL.TR, Preferreds FPE.TR, Convertibles FCVT.TR, and Emerging Markets FEMB.TR.

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