CAAA — First Trust Commercial Mortgage Opportunities ETF
Data updated: 2026-06-23
CAAA — First Trust Commercial Mortgage Opportunities ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Securitized (MBS/ABS/CMBS) Bond · $32.53M AUM · 0.46% expense ratio · 5.0% 1-yr return. From SEC regulatory filings.
CAAA Fund Overview
CAAA — First Trust Commercial Mortgage Opportunities ETF is a US ETF managed by First Trust Exchange-Traded Fund IV, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: First Trust Exchange-Traded Fund IV
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $32.53M
- 1-year return: 5.0%
- Ticker: CAAA
- SEC CIK: 0001517936
- SEC series ID: S000084026
- Share class ID: C000248162
CAAA Holdings
Top 10 holdings of First Trust Commercial Mortgage Opportunities ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Morgan Stanley Institutional Liquidity Funds | 2.00% |
| Csmc 2019-Uvil | 1.88% |
| Bx Trust 2025-Delc | 1.85% |
| 2023-Mic Trust/the | 1.74% |
| Bstn Commercial Mortgage Trust 2025-1c | 1.73% |
| Cent Trust 2025-City | 1.70% |
| Swch Commercial Mortgage Trust 2025-Data | 1.69% |
| Chi Commercial Mortgage Trust 2025-Sft | 1.62% |
| Ny Commercial Mortgage Trust 2025-299p | 1.60% |
| Bbcms 2018-Tall Mortgage Trust | 1.58% |
CAAA Portfolio Allocation
Asset-class allocation of First Trust Commercial Mortgage Opportunities ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 94.8% |
| Cash & Equivalents | 2.0% |
| Fixed Income | 1.5% |
CAAA Performance
Total returns for CAAA (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.7% |
| 1 year | 5.0% |
| 3 years (annualised) | 6.0% |
CAAA Risk Information
Risk metrics for CAAA, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.8%
CAAA Costs and Fees
CAAA costs about $46 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.46%
- Gross expense ratio: 0.46%
- Portfolio turnover: 92%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
CAAA Cashflows
Over the 12 months to 2026-04, First Trust Commercial Mortgage Opportunities ETF had net inflows of $22.52M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $2.04M |
| 2026-03 | −$1.02M |
| 2026-02 | −$209 |
| 2026-01 | $4.09M |
| 2025-12 | $2.05M |
| 2025-11 | $0 |
CAAA Debt Constituents
Largest debt holdings of First Trust Commercial Mortgage Opportunities ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 1.54% |
CAAA Prospectus and SEC Filings
Official First Trust Commercial Mortgage Opportunities ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.