LMBSFirst Trust Low Duration Opportunities ETF
Factor & Specialty ETF · First Trust
Holdings as of Apr 30, 2026
LMBS is a Factor & Specialty ETF from First Trust holding 1146 positions as of Apr 30, 2026, with $6.4B in assets and a 0.66% net expense ratio. Its largest positions are FR SL2533 (1.7%), FNMA/FHLMC UMBS, Single Family, 30 Year (1.5%) and FNMA-30YR (1.3%); the top 10 holdings account for 11.7% of the portfolio. It yields 4.11% on a trailing-12-month basis.
- Issuer
- First Trust
- Holdings
- 1146
- Net Assets
- $6.4BETF assets as of 2026-08-10
- Expense Ratio
- 0.66%per latest SEC prospectus filing
- TTM Yield
- 4.11%trailing 12-month distributions
Performance
- 1M
- +0.4%
- YTD
- +1.7%
- 1Y
- +4.5%
- 3Y (ann.)
- +5.8%
- 5Y (ann.)
- +3.2%
- 10Y (ann.)
- +2.6%
A $10,000 investment 10 years ago would be worth $12,952 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | FR SL2533 | 1.72% |
| 2 | FNMA/FHLMC UMBS, Single Family, 30 Year | 1.54% |
| 3 | FNMA-30YR | 1.33% |
| 4 | B 0 05/12/26 | 1.22% |
| 5 | FN FM3003 | 1.05% |
| 6 | B 0 05/07/26 | 0.97% |
| 7 | B 0 05/21/26 | 0.97% |
| 8 | B 0 05/28/26 | 0.97% |
| 9 | B 0 06/04/26 | 0.97% |
| 10 | FR SL1523 | 0.96% |
| 11 | U.S. Treasury Notes | 0.96% |
| 12 | FN FM2972 | 0.91% |
| 13 | Government National Mortgage Association | 0.89% |
| 14 | B 0 05/05/26 | 0.81% |
| 15 | B 0 05/14/26 | 0.81% |
| 16 | B 0 05/19/26 | 0.81% |
| 17 | B 0 05/26/26 | 0.81% |
| 18 | S 0 11/15/34 | 0.79% |
| 19 | Uniform Mortgage-Backed Security, TBA | 0.78% |
| 20 | FN FA2450 | 0.75% |
| 21 | FNMA-30YR | 0.73% |
| 22 | FN AL9394 | 0.70% |
| 23 | S 0 02/15/35 | 0.70% |
| 24 | FNMA/FHLMC UMBS, Single Family, 30 Year | 0.69% |
| 25 | S 0 05/15/35 | 0.69% |
Showing the top 25 of 1146 holdings. See the full LMBS holdings list →
LMBS alternatives
The closest Factor & Specialty ETFs to LMBS by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 FTSMFirst Trust Enhanced Short Maturity ETF | 1% | 0.29%cheaper | $6.5B | Compare → |
 CGCPCapital Group Core Plus Income ETF | 0% | 0.34%cheaper | $8.4B | Compare → |
 VNLAJanus Henderson Short Duration Income ETF | 0% | 0.23%cheaper | $3.4B | Compare → |
 FIXDFirst Trust Smith Opportunistic Fixed Income ETF | 0% | 0.65%cheaper | $3.2B | Compare → |
 MINTPIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 0% | 0.36%cheaper | $17.1B | Compare → |
Frequently Asked Questions
What is LMBS's expense ratio?
LMBS has a net expense ratio of 0.66%, per its latest SEC prospectus filing. That works out to about $66 a year on a $10,000 investment.
How many holdings does LMBS have?
LMBS held 1146 positions as of Apr 30, 2026, per its latest official holdings data.
What are LMBS's top 10 holdings?
LMBS's largest positions are FR SL2533 (1.7%), FNMA/FHLMC UMBS, Single Family, 30 Year (1.5%), FNMA-30YR (1.3%), B 0 05/12/26 (1.2%), FN FM3003 (1.0%), B 0 05/07/26 (1.0%), B 0 05/21/26 (1.0%), B 0 05/28/26 (1.0%), B 0 06/04/26 (1.0%), FR SL1523 (1.0%). Together they account for 11.7% of the portfolio.
What is LMBS's dividend yield?
LMBS yields 4.11% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is LMBS?
LMBS has $6.4B in assets as of Aug 10, 2026.
What are good alternatives to LMBS?
By portfolio overlap, the closest Factor & Specialty ETFs to LMBS are FTSM (1% overlap), CGCP (0% overlap), VNLA (0% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.