First Trust Securitized Plus ETF (DEED)

First Trust Securitized Plus ETF (DEED) is an exchange-traded fund in the Securitized Bond Diversified category. It has $63.17M in assets, an expense ratio of 0.66% and a 4.53% dividend yield. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in securitized debt securities, including asset-backed securities, residential and commercial mortgage-backed securities and collateralized loan obligations ("CLOs"). It will invest at least 50% of its total assets in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities (such as Ginnie Mae), and U.S. government-sponsored entities (such as Fannie…