First Trust AAA CMBS ETF CAAA
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.46%
- Net assets
- $35.2M
- Holdings
- 118
- 12-month distribution yield
- 4.91%
- Asset class
- Fixed income
First Trust AAA CMBS ETF (CAAA) is an exchange-traded fund listed on NYSE Arca in the United States, issued by First Trust. Its category is Fixed income · US (fixed income). Its last price was US$19.81 on 20 Oct 2026. Its expense ratio is 0.46% a year, from its prospectus dated 1 Dec 2025. It reported net assets of US$35.2 million as of 31 Jul 2026. Its latest holdings report lists 118 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.97 a unit, a 12-month distribution yield of 4.91%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.46%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.45%
- Prospectus date
- 1 Dec 2025
- Filed with the SEC
- 28 Nov 2025
Size and reporting
- Net assets
- $35,204,592
- Total assets
- $35,464,519
- Holdings as of
- 31 Jul 2026
- Report made public
- 22 Sep 2026 (53 days after the month end)
Top holdings
Largest 25 of 118 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS TREAS PTF INST | US61747C5821 | 2.01% | $707K | Short-term investment vehicles (cash funds) | United States | USD |
| 2 | BX TRUST 2018-BILT BX 2025-ARIA A | US05619TAA60 | 1.84% | $646K | Other asset-backed securities | United States | USD |
| 3 | BX TRUST 2025-DELC BX 2025-DELC A | US05594MAA09 | 1.71% | $602K | Other asset-backed securities | United States | USD |
| 4 | 2023-MIC TRUST/THE THE 2023-MIC A | US87256GAA04 | 1.58% | $556K | Other asset-backed securities | United States | USD |
| 5 | BSTN COMMERCIAL MORTGAGE TRUST 2025-1C BSTN 2025-1C A | US05615EAA38 | 1.57% | $553K | Other asset-backed securities | United States | USD |
| 6 | SWCH COMMERCIAL MORTGAGE TRUST 2025-DATA SWCH 2025-DATA A | US78489CAA71 | 1.57% | $552K | Other asset-backed securities | United States | USD |
| 7 | CENT TRUST 2025-CITY CENT 2025-CITY A | US12517TAA51 | 1.55% | $545K | Other asset-backed securities | United States | USD |
| 8 | HOUSTON GALLERIA MALL TRUST 2025-HGLR HGMT 2025-HGLR A | US44216XAA37 | 1.51% | $532K | Other asset-backed securities | United States | USD |
| 9 | CHI COMMERCIAL MORTGAGE TRUST 2025-SFT CHI 2025-SFT A | US16706GAA58 | 1.48% | $522K | Other asset-backed securities | United States | USD |
| 10 | BBCMS 2018-TALL MORTGAGE TRUST BBCMS 2018-TALL A | US05548WAA53 | 1.46% | $514K | Other asset-backed securities | United States | USD |
| 11 | NY COMMERCIAL MORTGAGE TRUST 2025-299P NY 2025-299P A | US62957FAA75 | 1.45% | $509K | Other asset-backed securities | United States | USD |
| 12 | J P MORGAN CHASE COMMERCIAL MORTGAG JPMCC 2025-PHNY A | US46592UAA88 | 1.42% | $502K | Other asset-backed securities | United States | USD |
| 13 | TEXAS COMMERCIAL MORTGAGE TRUST 2025-TWR TEXAS 2025-TWR A | US88231WAA36 | 1.42% | $500K | Other asset-backed securities | United States | USD |
| 14 | BANK 2020-BNK25 BANK 2020-BN25 A5 | US06539WBB19 | 1.42% | $499K | Other asset-backed securities | United States | USD |
| 15 | GGP TRUST 2026-2PAK GGP 2026-2PAK A | US37441HAA95 | 1.41% | $497K | Other asset-backed securities | United States | USD |
| 16 | CONE 2026-DFW3 CONE 2026-DFW3 A | US20681AAA97 | 1.41% | $495K | Other asset-backed securities | United States | USD |
| 17 | INT COMMERCIAL MORTGAGE TRUST 2025-PLAZA INT 2025-PLAZA A | US44989YAA64 | 1.40% | $494K | Other asset-backed securities | United States | USD |
| 18 | BBCMS MORTGAGE TRUST 2020-C8 BBCMS 2020-C8 A5 | US05552ABC18 | 1.38% | $487K | Other asset-backed securities | United States | USD |
| 19 | VRTX TRUST 2025-HQ VRTX 2025-HQ A | US91835XAA54 | 1.37% | $484K | Other asset-backed securities | United States | USD |
| 20 | BENCHMARK 2021-B25 MORTGAGE TRUST BMARK 2021-B25 A4 | US08163DAD93 | 1.29% | $453K | Other asset-backed securities | United States | USD |
| 21 | SKY1 TRUST 2025-LINE SKY1 2025-LINE A | US830941AA83 | 1.28% | $451K | Other asset-backed securities | United States | USD |
| 22 | BX COMMERCIAL MORTGAGE TRUST 2018-BIOA BX 2020-VIV4 A | US05608MAA45 | 1.28% | $450K | Other asset-backed securities | United States | USD |
| 23 | CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-420K CGCMT 2020-420K A | US17328QAA94 | 1.27% | $447K | Other asset-backed securities | United States | USD |
| 24 | BENCHMARK 2023-B40 MORTGAGE TRUST BMARK 2023-B40 ASB | US08163WAD74 | 1.27% | $446K | Other asset-backed securities | United States | USD |
| 25 | BANK 2020-BNK29 BANK 2020-BN29 A4 | US06541TBF57 | 1.25% | $438K | Other asset-backed securities | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Other asset-backed securities | 96.22% | |
| Short-term investment vehicles (cash funds) | 2.01% | |
| Mortgage-backed securities | 1.57% | |
| Interest rate derivatives | -0.25% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 99.55% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 99.55% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.9730
- 12-month yield
- 4.91%
- Frequency
- Monthly
- Latest ex-date
- 24 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.9730) ÷ latest price ($19.81) × 100 = 4.91%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (30 payments)
| Ex-date | Amount per unit |
|---|---|
| 24 Sep 2026 | $0.0700 |
| 21 Aug 2026 | $0.0700 |
| 21 Jul 2026 | $0.0700 |
| 25 Jun 2026 | $0.0700 |
| 21 May 2026 | $0.0700 |
| 21 Apr 2026 | $0.0700 |
| 26 Mar 2026 | $0.0750 |
| 20 Feb 2026 | $0.0800 |
| 21 Jan 2026 | $0.0800 |
| 12 Dec 2025 | $0.1380 |
| 21 Nov 2025 | $0.0900 |
| 21 Oct 2025 | $0.0900 |
| 25 Sep 2025 | $0.0900 |
| 21 Aug 2025 | $0.0900 |
| 22 Jul 2025 | $0.1000 |
| 26 Jun 2025 | $0.1000 |
| 21 May 2025 | $0.1100 |
| 22 Apr 2025 | $0.1100 |
| 27 Mar 2025 | $0.1100 |
| 21 Feb 2025 | $0.1100 |
| 22 Jan 2025 | $0.1100 |
| 13 Dec 2024 | $0.1100 |
| 21 Nov 2024 | $0.0980 |
| 22 Oct 2024 | $0.0980 |
| 26 Sep 2024 | $0.0950 |
| 21 Aug 2024 | $0.0850 |
| 23 Jul 2024 | $0.0850 |
| 27 Jun 2024 | $0.0800 |
| 21 May 2024 | $0.0800 |
| 23 Apr 2024 | $0.0800 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000084026) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- CAAA and BND Vanguard Total Bond Market ETF
- CAAA and AGG iShares Core U.S. Aggregate Bond ETF
- CAAA and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- CAAA and BSV Vanguard Short-Term Bond ETF