# FCEF (First Trust Income Opportunities ETF) First Trust · Allocation ETFs · Moderately conservative · data as of Nov 12, 2026 FCEF returned +6.7% over the year to Nov 12, 2026, charges 3.69% a year and holds $81m in net assets on Nov 11, 2026. Promise check: Not measured. Its name states no stock share or band. https://etfiq.com/promise-index/allocation/ FCEF is actively managed and returned +6.7% over the past year. ## Key facts - FCEF, total return, 1 year: +6.7%, as of Nov 12, 2026. - FCEF, expense ratio: 3.69%, as of Dec 29, 2025. - FCEF, holdings: 58, as of Nov 11, 2026. - FCEF, below its high: −4.9%, as of Nov 12, 2026. - FCEF, 12-month yield, capital gains included, on its starting price: 7.2%, as of Nov 12, 2026. - FCEF, last payment (paid monthly), ex-date Nov 12, 2026: $0.1375, as of Nov 12, 2026. - FCEF, net assets: $81m (issuer page, as of Nov 11, 2026). ## FCEF over each window to Nov 12, 2026 | Window | Total return | Benchmark (IWV) | Gap to IWV | S&P 500 (SPY) | | --- | --- | --- | --- | --- | | 1 month | +0.3% | −2.4% | +2.7 pts | −2.7% | | 3 months | −4.8% | −2.7% | −2.1 pts | −2.4% | | 6 months | −1.0% | +2.0% | −3.0 pts | +1.7% | | Year to date | +5.3% | +11.8% | −6.5 pts | +11.9% | | 1 year | +6.7% | +11.9% | −5.2 pts | +12.0% | | 3 years | +53.5% | +77.1% | −23.6 pts | +78.3% | | 5 years | +25.6% | +64.7% | −39.1 pts | +73.3% | | 10 years | +121.0% | +285.4% | −164.4 pts | +309.6% | | Since launch | +111.6% | +290.0% | −178.4 pts | +313.2% | | Since launch, annualised | +7.7% | – | – | – | ## FCEF key stats - 52-week high, daily closes to Nov 12, 2026: $24.30 on Aug 14, 2026 (computed by ETFIQ from Tiingo daily prices) - 52-week low, daily closes to Nov 12, 2026: $22.03 on Mar 30, 2026 (computed by ETFIQ from Tiingo daily prices) - Close on Nov 12, 2026, within that range: $22.68, 29% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices) - Holdings: 58 - Top ten weight: 31.0% ## FCEF trading - Not scored. - $1,000: about $1.75, 0.17%, one way. - $10,000: about $18, 0.17%, one way. - $100,000: about $345, 0.35%, one way (estimate). - Premium to NAV at the Nov 11 close: 0.00%; 95% of days within ±0.13%. - Limit: midpoint + 5¢ to buy, midpoint − 5¢ to sell. At the Nov 11 close of $22.97, that’s $23.02 to buy and $22.92 to sell. - The full trading page: https://etfiq.com/funds/fcef/trading/ ## FCEF for holders outside the US - US tax withheld on dividends, no treaty: 30% () - Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% () - FCEF interest-related and short-term gain dividends: not read by ETFIQ - US estate tax filing threshold, non-resident holders: $60,000 () - Share class: Distributing () Facts from the IRS, not tax advice. ## Every published field | Field | Value | Source | | --- | --- | --- | | What it tracks | No index, actively managed | ETFIQ | | Fund type | Allocation fund | ETFIQ | | Category | Allocation · Moderately conservative | ETFIQ | | Expense ratio | 3.69% | 485BPOS XBRL, Dec 29, 2025 | | Price | $22.68 | ETFIQ | | First traded | Sep 29, 2016 | ETFIQ | | Net assets | $81m | issuer page, as of Nov 11, 2026 | | Benchmark | Russell 3000 Index, measured by IWV, which tracks the same index | ETFIQ, from its filings | | Benchmark named in | its shareholder report, N-CSR, Nov 9, 2026 | ETFIQ | | Why this benchmark | No other fund tracks the FCEF Blended Benchmark, the narrower index its shareholder report names. Its daily returns fit IWV at R-squared 0.69 over the year to Nov 12, 2026 (251 days), above the 0.30 floor. | ETFIQ | | FCEF, 1 year to Nov 12, 2026 | +6.7% | ETFIQ | | IWV, the same days | +11.9% | ETFIQ | | Against its benchmark, 1 year | −5.2 pts | ETFIQ | | Below its high | −4.9% | ETFIQ | | Holdings | 58 | ETFIQ | | Top ten weight | 31.0% | ETFIQ | | Cash, not in the top ten | 5.1% | ETFIQ | | Holdings published for | Nov 11, 2026 | the issuer’s daily file | | Holdings as of the close of | Nov 11, 2026 | the issuer’s daily file | | Already in the S&P 500, by weight | 0.0% | ETFIQ | | Active share vs the S&P 500 | 100.0% | ETFIQ | | Already in the Nasdaq-100, by weight | 0.0% | ETFIQ | | Promise check | Not measured. Its name states no stock share or band. | ETFIQ | ## Money in and out, to Nov 11, 2026 | Window | Dates | Net flow | | --- | --- | --- | | 1 day | Nov 11, 2026 | $0 | Daily counts start Nov 11, 2026, so these windows have no daily data: 1 week, 1 month, 3 months, Year to date, 1 year. Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: . Method: https://etfiq.com/methodology/flows ## Questions ### How has FCEF performed? Over the year to Nov 12, 2026, FCEF returned +6.7% with distributions reinvested, against +11.9% for its benchmark, the Russell 3000 Index. Over three years the number is +53.5%. ### What does FCEF cost? The prospectus expense ratio is 3.69% a year. ### What does FCEF hold? 58 positions as published by its issuer for Nov 11, 2026, with the top ten at 31.0% of the fund. 0% of its weight is in stocks the S&P 500 also holds. ### How far is FCEF below its high? 4.9% below its high of Aug 14, 2026, measured on the reinvested series to Nov 12, 2026. ## Cite this page ETFIQ, FCEF, allocation fund, data as of Nov 12, 2026. https://etfiq.com/funds/fcef Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at . HTML: https://etfiq.com/funds/fcef · JSON: https://etfiq.com/funds/fcef.json