# First Trust Long Duration Opportunities ETF (LGOV) — Overview

LGOV · NYSE · Fund

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

## Price

Last close $20.13 on Oct 15, 2026. 52-week range $19.54 – $22.42.

## Fund profile

LGOV holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Jan 22, 2019 |
| Assets under management | $596.8M |
| Expense ratio | 0.49% |
| Net asset value | $19.89 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Long Duration Opportunities ETF (LGOV)?

LGOV holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.

### What is LGOV's expense ratio?

First Trust Long Duration Opportunities ETF charges an annual expense ratio of 0.49%. The fund is issued by First Trust Advisors L.P..

### How large is LGOV?

First Trust Long Duration Opportunities ETF manages $596.8M in assets and has traded since Jan 22, 2019.

### How do I buy shares of First Trust Long Duration Opportunities ETF (LGOV)?

LGOV 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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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).