(UCON) TCW Unconstrained Plus Bond - Overview
Etf: Government, Corporate, Asset-Backed, Mortgage, Securitized
Dividends
| Dividend Yield | 4.65% |
| Yield on Cost 5y | 5.28% |
| Yield CAGR 5y | 19.05% |
| Payout Consistency | 94.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 1.96% |
| Relative Tail Risk | 0.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.04 |
| Alpha | 2.51 |
| Character TTM | |
|---|---|
| Beta | 0.016 |
| Beta Downside | -0.001 |
| Drawdowns 3y | |
|---|---|
| Max DD | 2.85% |
| CAGR/Max DD | 2.15 |
Description: UCON TCW Unconstrained Plus Bond January 12, 2026
First Trust TCW Unconstrained Plus Bond ETF (UCON) targets a minimum 80% allocation to fixed-income securities, using both cash and borrowing, with portfolio duration flexibly ranging from 0 to 10 years to adapt to interest-rate environments.
The fund can allocate up to 50% of net assets to each of three securitized categories-asset-backed securities (ABS), residential mortgage-backed securities (RMBS), and commercial mortgage-backed securities (CMBS)-providing exposure to the broader credit market while maintaining a non-traditional bond classification.
Recent data (as of Q4 2024) show the ETF’s weighted-average credit rating at “BBB-” and a yield-to-worst of roughly 4.8%, positioning it above the Bloomberg U.S. Aggregate Bond Index’s 4.2% yield, while its duration tilt makes it sensitive to Federal Reserve policy shifts and housing-market dynamics.
For a deeper dive into how UCON’s sector exposures compare to macro-driven credit spreads, ValueRay’s analytics platform offers a granular view of risk-adjusted returns-worth a look if you’re building a diversified fixed-income overlay.
What is the price of UCON shares?
Over the past week, the price has changed by +0.40%, over one month by +0.46%, over three months by +1.28% and over the past year by +6.88%.
Is UCON a buy, sell or hold?
What are the forecasts/targets for the UCON price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.8 | 10.3% |
UCON Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.20b USD (3.20b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.20b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.20b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.97% (E(3.20b)/V(3.20b) * Re(5.97%) + (debt-free company))
Discount Rate = 5.97% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)