First Trust Global Tactical Commodity Strategy Fund (FTGC)

First Trust Global Tactical Commodity Strategy Fund (FTGC) is an exchange-traded fund in the Commodities Broad Basket category. It has $2.70B in assets, an expense ratio of 0.98% and a 16.32% dividend yield. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidi…