First Trust to Launch First Trust TCW Unconstrained Plus Bond ETF

First Trust Advisors announced today that it has launched a new actively managed ETF, the First Trust TCW Unconstrained Plus Bond ETF (NYSE Arca: UCON). The portfolio is sub-advised and managed by TCW Investment Management Company LLC (“TCW”). The fund's managers look for value across a range of global fixed income market segments seeking to maximize long-term total return.