# First Trust AAA CMBS ETF (CAAA) — Overview

CAAA · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/caaa

## Price

Last close $19.83 on Oct 15, 2026. 52-week range $19.71 – $20.75.

## Fund profile

CAAA is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Feb 27, 2024 |
| Assets under management | $34.6M |
| Expense ratio | 0.30% |
| Net asset value | $19.76 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust AAA CMBS ETF (CAAA)?

CAAA is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return.

### What is CAAA's expense ratio?

First Trust AAA CMBS ETF charges an annual expense ratio of 0.30%. The fund is issued by First Trust Advisors L.P..

### How large is CAAA?

First Trust AAA CMBS ETF manages $34.6M in assets and has traded since Feb 27, 2024.

### How do I buy shares of First Trust AAA CMBS ETF (CAAA)?

CAAA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).