First Trust TCW Unconstrained Plus Bond ETF (UCON)
- Expense ratio0.84%
- Net assets$3.12B
- Dividend yield4.72%
- 1-year return-0.91%
- Holdings10
UCON ETF price chart
UCON quote & trading statistics
UCON performance
Annual returns & drawdowns →- YTD-1.36%
- 1 year-0.91%
- 3 years+5.51%/yr
- 5 years+2.27%/yr
- 10 years0.00%/yr
- 1Y volatility
- 3.72%
- 3Y volatility
- 3.59%
- 3Y Sharpe ratio
- 0.08
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
UCON top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | US902973BC96 | USB 3.7 | 0.48% |
| 2 | US693475BC86 | PNC 3.4 | 0.34% |
| 3 | US06055HAB96 | BAC 6.125 | 0.31% |
| 4 | US29273VAM28 | Energy Transfer 7.125% perp. | 0.29% |
| 5 | US693475BD69 | PNC 6 | 0.23% |
| 6 | US02005NBN93 | ALLY 4.7 | 0.23% |
| 7 | XELLL | Xcel Energy Inc. 6.25% Junior Subordinated Notes, Series due 2085 | 0.17% |
| 8 | US89832QAD16 | TFC 4.8 | 0.16% |
| 9 | US064058AL44 | BK 3.75 | 0.14% |
| 10 | JXN.PA | Jackson Financial Inc. | 0.10% |
The top 10 holdings make up 2.5% of the fund (10 holdings in total). As of October 24, 2026.
About First Trust TCW Unconstrained Plus Bond ETF
Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. It may invest a significant portion of its assets in securitized investment products, including up to 50% of its net assets in each of asset-backed securities, residential mortgage-backed securities and commercial mortgage-backed securities.
UCON ETF FAQ
What is the UCON expense ratio?
First Trust TCW Unconstrained Plus Bond ETF has a net expense ratio of 0.84%, or $84.00 a year for every $10,000 invested.
How much money is in UCON?
First Trust TCW Unconstrained Plus Bond ETF has about $3.12B in net assets.
What are the top holdings of UCON?
The largest positions in UCON are USB 3.7 (0.48%), PNC 3.4 (0.34%), BAC 6.125 (0.31%). The fund holds 10 securities in total.
How has UCON performed?
UCON returned -0.91% over the past year and +2.27% a year over the past five years, including reinvested distributions.
Does UCON pay dividends?
UCON has a dividend yield of 4.72%.
When was UCON launched?
First Trust TCW Unconstrained Plus Bond ETF began trading on June 4, 2018.