# First Trust Intermediate Government Opportunities ETF (MGOV) — Overview

MGOV · NYSE · Fund

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

## Price

Last close $19.24 on Oct 15, 2026. 52-week range $19.02 – $20.84.

## Fund profile

MGOV is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities. The portfolio aims to have an average duration of three to eight years.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Aug 2, 2023 |
| Assets under management | $96.2M |
| Expense ratio | 0.50% |
| Net asset value | $19.23 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Intermediate Government Opportunities ETF (MGOV)?

MGOV is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities. The portfolio aims to have an average duration of three to eight years.

### What is MGOV's expense ratio?

First Trust Intermediate Government Opportunities ETF charges an annual expense ratio of 0.50%. The fund is issued by First Trust Advisors L.P..

### How large is MGOV?

First Trust Intermediate Government Opportunities ETF manages $96.2M in assets and has traded since Aug 2, 2023.

### How do I buy shares of First Trust Intermediate Government Opportunities ETF (MGOV)?

MGOV 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).