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Critical Facts You Need to Know About Preferred Stocks
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Rating
Sector Rating
Recommendation *
Avoid
Neutral
Fair
Quality
Rating Breakdown
Avg.
Relative Strength
The relative strength of a dividend stock indicates whether the stock is uptrending or not. The major determining factor in this rating is whether the stock is trading close to its 52-week-high.
Overall Yield Attractiveness
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors.
Dividend Reliability
A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Dividend Uptrend
A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase.
Earnings Growth
A stock’s Earnings Growth rating evaluates a company’s expected EPS for the current financial year and compares it to next financial year’s expected EPS. Stocks with single-digit growth estimates will have a higher rating than others, as our research has shown that well-established dividend-paying companies have modest earnings growth estimates.
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First Trust Senior Loan Fund
Active ETF
FTSL
Payout Change
Pending
Price as of:
$45.12
+0.03
+0.07%
primary theme
Bank Loan
FTSL (ETF)
First Trust Senior Loan Fund
Payout Change
Pending
Price as of:
$45.12
+0.03
+0.07%
primary theme
Bank Loan
FTSL (ETF)
First Trust Senior Loan Fund
Payout Change
Pending
Price as of:
$45.12
+0.03
+0.07%
primary theme
Bank Loan
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
5.3%
3 Yr Avg Return
3.6%
5 Yr Avg Return
3.1%
Net Assets
$3.78 B
Holdings in Top 10
20.6%
52 WEEK LOW AND HIGH
$45.1
$43.93
$46.31
Expenses
OPERATING FEES
Expense Ratio 0.86%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FTSL - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.27%
- Dividend Yield 7.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFirst Trust Senior Loan Fund
-
Fund Family NameFirst Trust
-
Inception DateMay 01, 2013
-
Shares Outstanding83100002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWilliam Housey
Fund Description
Under normal market conditions, the Fund seeks to outperform each of the LL100 and MI100 (as defined below) by investing at least 80% of its net assets (including investment borrowings) in first lien senior floating rate bank loans (“Senior Loans”). The S&P/LSTA U.S. Leveraged Loan 100 Index (the “LL100”) is a market value-weighted index designed to measure the performance of the largest segment of the U.S. syndicated leveraged loan market. The LL100 consists of 100 loan facilities drawn from a larger benchmark, the S&P/LSTA Leveraged Loan Index. The Markit iBoxx USD Liquid Leveraged Loan Index (the “MI100”) selects the 100 most liquid Senior Loans in the market. The Fund does not seek to track either the LL100 or MI100, but rather seeks to outperform each of the indices. It is anticipated that the Fund, in accordance with its principal investment strategy, will invest approximately 50% to 75% of its net assets in Senior Loans that are eligible for inclusion in and meet the liquidity thresholds of the LL100 and/or MI100 at the time of investment.A Senior Loan is an advance or commitment of funds made by one or more banks or similar financial institutions to one or more corporations, partnerships or other business entities and typically pays interest at a floating or adjusting rate that is determined periodically at a designated premium above a base lending rate, such as the London Interbank Offered Rate (“LIBOR”), the Secured Overnight Financing Rate ("SOFR"), a similar reference rate, or the prime rate offered by one or more major U.S. banks. A Senior Loan is considered senior to all other unsecured claims against the borrower, senior to or equal with all other secured claims, meaning that in the event of a bankruptcy of the borrower the Senior Loan, together with other first lien claims, is entitled to be the first to be repaid out of proceeds of the assets securing the loans, before other existing unsecured claims or interests receive repayment. However, in bankruptcy proceedings, there may be other claims, such as taxes or additional advances that take precedence.The Fund may invest significantly in “covenant-lite” loans, which are loans issued with fewer restrictions on collateral, payment terms and level of income. Traditional loans generally have protective covenants built into the contract to protect the lender, including financial maintenance tests that measure the debt-service capabilities of the borrower; however, covenant-lite loans lack many of these lender protection provisions. Covenant-lite loans carry more risk than traditional loans and allow borrowers to engage in activities that would be difficult or impossible under a traditional loan agreement. The lack of traditional lender protection provisions contained in covenant-lite loans may impact recovery values and/or trading levels in the future.The Fund invests in Senior Loans made predominantly to businesses operating in North America, but may also invest in Senior Loans made to businesses operating outside of North America. The Fund may invest in Senior Loans directly, either from the borrower as part of a primary issuance or in the secondary market through assignments of portions of Senior Loans from third parties, or participations in Senior Loans, which are contractual relationships with an existing lender in a loan facility whereby the Fund purchases the right to receive principal and interest payments on a loan but the existing lender remains the record holder of the loan. The Senior Loans included in the Fund’s portfolio often maintain a duration of less than 90 days; however, the inclusion of LIBOR floors on certain Senior Loans or other factors may cause interest rate duration to be longer than 90 days.When identifying prospective investment opportunities in Senior Loans, First Trust Advisors L.P., the Fund’s investment advisor, currently intends to invest primarily in Senior Loans that are below investment grade quality at the time of investment, and relies on fundamental credit analysis in an effort to attempt to minimize the loss of the Fund’s capital and to select assets that provide attractive relative value. Securities rated below investment grade, commonly referred to as “junk” or “high yield”securities, include securities that are rated Ba1/BB+/BB+ or below by Moody’s Investors Service, Inc. (“Moody’s”), Fitch Inc., or Standard & Poor’s, Inc. (“S&P”), respectively. The Fund may invest in securities of any rating. The Fund may also invest in unrated securities deemed by the investment advisor to be of comparable quality to those securities rated below investment grade.The Fund may also invest up to 20% of its net assets in (1) non-Senior Loan debt securities, which may be fixed-rate or floating-rate income-producing securities (including, without limitation, U.S. government debt securities and corporate debt securities, which may include convertible bonds), (2) warrants, U.S. and non-U.S. equity and equity-like positions and interests and other securities issued by or with respect to a borrower or its affiliates, and/or (3) securities of other investment companies. In addition, the Fund may invest up to 15% of its net assets in Senior Loans and/or other floating rate loans that are distressed or in default. The Fund may also invest in companies with various market capitalizations.The Fund’s investment advisor combines a fundamental credit selection process with relative value analysis and top-down macroeconomic perspectives when selecting investment opportunities. The Fund’s investment advisor believes that an evolving investment environment offers varying degrees of investment risk opportunities in the bank loan, high yield and other fixed income instrument markets. To capitalize on attractive investments and effectively manage potential risk, the Fund’s investment advisor believes that the combination of thorough and continuous credit analysis, market evaluation, diversification and the ability to reallocate investments is critical to achieving higher risk-adjusted returns.As of January 31, 2022, the Fund had significant investments in information technology companies, although this may change from time to time. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
Read More
FTSL - Performance
Return Ranking - Trailing
| Period | FTSL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -6.9% | 6.5% | 8.39% |
| 1 Yr | 5.3% | -14.7% | 23.8% | 3.05% |
| 3 Yr | 3.6%* | -8.2% | 56.8% | 3.58% |
| 5 Yr | 3.1%* | -8.1% | 29.5% | 4.65% |
| 10 Yr | 3.1%* | -5.2% | 13.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FTSL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -2.5% | -22.9% | 5.5% | 4.44% |
| 2021 | 2.0% | -6.3% | 5.5% | 6.94% |
| 2020 | 1.0% | -7.9% | 57.4% | 5.13% |
| 2019 | 2.4% | -2.1% | 5.5% | 0.75% |
| 2018 | -0.3% | -4.2% | 12.9% | 5.14% |
Total Return Ranking - Trailing
| Period | FTSL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -6.9% | 6.5% | 8.39% |
| 1 Yr | 5.3% | -14.7% | 24.7% | 5.59% |
| 3 Yr | 3.6%* | -8.2% | 56.8% | 6.25% |
| 5 Yr | 3.1%* | -8.1% | 29.5% | 7.49% |
| 10 Yr | 3.1%* | -5.2% | 13.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FTSL Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -2.5% | -22.9% | 5.5% | 4.78% |
| 2021 | 2.0% | -6.3% | 5.5% | 6.94% |
| 2020 | 1.0% | -7.9% | 57.4% | 5.49% |
| 2019 | 2.4% | -2.1% | 5.5% | 0.75% |
| 2018 | -0.3% | -4.2% | 12.9% | 14.23% |
FTSL - Holdings
Concentration Analysis
| FTSL | Category Low | Category High | FTSL % Rank | |
|---|---|---|---|---|
| Net Assets | 3.78 B | 25 M | 13.1 B | 22.18% |
| Number of Holdings | 290 | 12 | 1447 | 68.20% |
| Net Assets in Top 10 | 804 M | -191 M | 2.54 B | 9.18% |
| Weighting of Top 10 | 20.58% | 4.6% | 91.9% | 29.90% |
Top 10 Holdings
- Morgan Stanley Instl Lqudty Trs Instl 5.90%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
- Hub International Ltd Hbgcn Tl 04/25/25 2.78%
Asset Allocation
| Weighting | Return Low | Return High | FTSL % Rank | |
|---|---|---|---|---|
| Bonds | 92.86% | 28.71% | 161.82% | 53.77% |
| Cash | 6.97% | -61.90% | 58.61% | 43.61% |
| Convertible Bonds | 0.11% | 0.00% | 5.51% | 30.49% |
| Other | 0.05% | -54.21% | 26.58% | 48.52% |
| Stocks | 0.01% | 0.00% | 51.23% | 82.30% |
| Preferred Stocks | 0.00% | -3.99% | 1.54% | 47.54% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FTSL % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | N/A |
| Technology | 0.00% | 0.00% | 100.00% | N/A |
| Real Estate | 0.00% | 0.00% | 48.61% | N/A |
| Industrials | 0.00% | 0.00% | 100.00% | N/A |
| Healthcare | 0.00% | 0.00% | 100.00% | N/A |
| Financial Services | 0.00% | 0.00% | 91.98% | N/A |
| Energy | 0.00% | 0.00% | 100.00% | N/A |
| Communication Services | 0.00% | 0.00% | 100.00% | N/A |
| Consumer Defense | 0.00% | 0.00% | 100.00% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 97.66% | N/A |
| Basic Materials | 0.00% | 0.00% | 6.25% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FTSL % Rank | |
|---|---|---|---|---|
| US | 0.01% | -0.01% | 45.12% | 74.43% |
| Non US | 0.00% | 0.00% | 6.11% | 48.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FTSL % Rank | |
|---|---|---|---|---|
| Corporate | 93.02% | 0.00% | 99.80% | 33.22% |
| Cash & Equivalents | 6.98% | 0.00% | 58.41% | 55.92% |
| Derivative | 0.00% | 0.00% | 7.03% | 43.75% |
| Securitized | 0.00% | 0.00% | 96.93% | 58.22% |
| Municipal | 0.00% | 0.00% | 0.47% | 30.59% |
| Government | 0.00% | 0.00% | 5.93% | 44.08% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FTSL % Rank | |
|---|---|---|---|---|
| US | 87.48% | 14.05% | 128.54% | 17.05% |
| Non US | 5.38% | 0.00% | 84.20% | 86.56% |
FTSL - Expenses
Operational Fees
| FTSL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.86% | 0.03% | 7.31% | 63.81% |
| Management Fee | 0.85% | 0.00% | 1.89% | 82.62% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.83% |
| Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
| FTSL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 3.00% | N/A |
Trading Fees
| FTSL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FTSL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 215.00% | 64.73% |
FTSL - Distributions
Dividend Yield Analysis
| FTSL | Category Low | Category High | FTSL % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.58% | 0.00% | 9.41% | 8.83% |
Dividend Distribution Analysis
| FTSL | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| FTSL | Category Low | Category High | FTSL % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.27% | 1.56% | 10.22% | 69.86% |
Capital Gain Distribution Analysis
| FTSL | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| May 31, 2023 | $0.285 | OrdinaryDividend |
| Apr 28, 2023 | $0.285 | OrdinaryDividend |
| Mar 31, 2023 | $0.285 | OrdinaryDividend |
| Feb 28, 2023 | $0.285 | OrdinaryDividend |
| Jan 31, 2023 | $0.285 | OrdinaryDividend |
| Dec 30, 2022 | $0.270 | OrdinaryDividend |
| Nov 30, 2022 | $0.228 | OrdinaryDividend |
| Oct 31, 2022 | $0.228 | OrdinaryDividend |
| Sep 30, 2022 | $0.210 | OrdinaryDividend |
| Aug 31, 2022 | $0.165 | OrdinaryDividend |
| Jul 29, 2022 | $0.155 | OrdinaryDividend |
| Jun 30, 2022 | $0.153 | OrdinaryDividend |
| May 31, 2022 | $0.143 | OrdinaryDividend |
| Apr 29, 2022 | $0.143 | OrdinaryDividend |
| Mar 31, 2022 | $0.143 | OrdinaryDividend |
| Feb 28, 2022 | $0.143 | OrdinaryDividend |
| Jan 31, 2022 | $0.148 | OrdinaryDividend |
| Dec 31, 2021 | $0.148 | OrdinaryDividend |
| Nov 30, 2021 | $0.122 | OrdinaryDividend |
| Oct 29, 2021 | $0.125 | OrdinaryDividend |
| Sep 30, 2021 | $0.128 | OrdinaryDividend |
| Aug 31, 2021 | $0.130 | OrdinaryDividend |
| Jul 30, 2021 | $0.135 | OrdinaryDividend |
| Jun 30, 2021 | $0.140 | OrdinaryDividend |
| May 28, 2021 | $0.120 | OrdinaryDividend |
| Apr 30, 2021 | $0.109 | OrdinaryDividend |
| Mar 31, 2021 | $0.119 | OrdinaryDividend |
| Feb 26, 2021 | $0.110 | OrdinaryDividend |
| Jan 29, 2021 | $0.136 | OrdinaryDividend |
| Dec 31, 2020 | $0.145 | OrdinaryDividend |
| Nov 30, 2020 | $0.131 | OrdinaryDividend |
| Oct 30, 2020 | $0.124 | OrdinaryDividend |
| Sep 30, 2020 | $0.112 | OrdinaryDividend |
| Aug 31, 2020 | $0.120 | OrdinaryDividend |
| Jul 31, 2020 | $0.130 | OrdinaryDividend |
| Jun 30, 2020 | $0.135 | OrdinaryDividend |
| May 29, 2020 | $0.145 | OrdinaryDividend |
| Apr 30, 2020 | $0.150 | OrdinaryDividend |
| Mar 31, 2020 | $0.154 | OrdinaryDividend |
| Feb 28, 2020 | $0.154 | OrdinaryDividend |
| Jan 31, 2020 | $0.150 | OrdinaryDividend |
| Dec 31, 2019 | $0.155 | OrdinaryDividend |
| Nov 29, 2019 | $0.165 | OrdinaryDividend |
| Oct 31, 2019 | $0.170 | OrdinaryDividend |
| Sep 30, 2019 | $0.175 | OrdinaryDividend |
| Aug 30, 2019 | $0.184 | OrdinaryDividend |
| Jul 31, 2019 | $0.183 | OrdinaryDividend |
| Jun 28, 2019 | $0.175 | OrdinaryDividend |
| May 31, 2019 | $0.180 | OrdinaryDividend |
| Apr 30, 2019 | $0.185 | OrdinaryDividend |
| Mar 29, 2019 | $0.193 | OrdinaryDividend |
| Feb 28, 2019 | $0.183 | OrdinaryDividend |
| Jan 31, 2019 | $0.183 | OrdinaryDividend |
| Dec 31, 2018 | $0.185 | OrdinaryDividend |
| Nov 30, 2018 | $0.170 | OrdinaryDividend |
| Oct 31, 2018 | $0.170 | OrdinaryDividend |
| Sep 28, 2018 | $0.170 | OrdinaryDividend |
| Aug 31, 2018 | $0.170 | OrdinaryDividend |
| Jul 31, 2018 | $0.170 | OrdinaryDividend |
| Jun 29, 2018 | $0.170 | OrdinaryDividend |
| May 31, 2018 | $0.160 | OrdinaryDividend |
| Apr 30, 2018 | $0.153 | OrdinaryDividend |
| Mar 29, 2018 | $0.145 | OrdinaryDividend |
| Feb 28, 2018 | $0.145 | OrdinaryDividend |
| Jan 31, 2018 | $0.145 | OrdinaryDividend |
| Dec 29, 2017 | $0.205 | OrdinaryDividend |
| Nov 30, 2017 | $0.145 | OrdinaryDividend |
| Oct 31, 2017 | $0.140 | OrdinaryDividend |
| Sep 29, 2017 | $0.140 | OrdinaryDividend |
| Aug 31, 2017 | $0.140 | OrdinaryDividend |
| Jul 31, 2017 | $0.140 | OrdinaryDividend |
| Jun 30, 2017 | $0.140 | OrdinaryDividend |
| May 31, 2017 | $0.140 | OrdinaryDividend |
| Apr 28, 2017 | $0.140 | OrdinaryDividend |
| Mar 31, 2017 | $0.140 | OrdinaryDividend |
| Feb 28, 2017 | $0.140 | OrdinaryDividend |
| Jan 31, 2017 | $0.140 | OrdinaryDividend |
| Dec 30, 2016 | $0.145 | OrdinaryDividend |
| Nov 30, 2016 | $0.150 | OrdinaryDividend |
| Oct 31, 2016 | $0.150 | OrdinaryDividend |
| Sep 30, 2016 | $0.150 | OrdinaryDividend |
| Aug 31, 2016 | $0.150 | OrdinaryDividend |
| Jul 29, 2016 | $0.150 | OrdinaryDividend |
| Jun 30, 2016 | $0.150 | OrdinaryDividend |
| May 31, 2016 | $0.150 | OrdinaryDividend |
| Apr 29, 2016 | $0.150 | OrdinaryDividend |
| Mar 31, 2016 | $0.150 | OrdinaryDividend |
| Feb 29, 2016 | $0.150 | OrdinaryDividend |
| Jan 29, 2016 | $0.150 | OrdinaryDividend |
| Dec 31, 2015 | $0.160 | OrdinaryDividend |
| Nov 30, 2015 | $0.160 | OrdinaryDividend |
| Oct 30, 2015 | $0.160 | OrdinaryDividend |
| Sep 30, 2015 | $0.160 | OrdinaryDividend |
| Aug 31, 2015 | $0.155 | OrdinaryDividend |
| Jul 31, 2015 | $0.155 | OrdinaryDividend |
| Jun 30, 2015 | $0.150 | OrdinaryDividend |
| May 29, 2015 | $0.150 | OrdinaryDividend |
| Apr 30, 2015 | $0.150 | OrdinaryDividend |
| Mar 31, 2015 | $0.150 | OrdinaryDividend |
| Feb 27, 2015 | $0.150 | OrdinaryDividend |
| Jan 30, 2015 | $0.150 | OrdinaryDividend |
| Dec 31, 2014 | $0.150 | OrdinaryDividend |
| Nov 28, 2014 | $0.150 | OrdinaryDividend |
| Oct 31, 2014 | $0.145 | OrdinaryDividend |
| Sep 30, 2014 | $0.145 | OrdinaryDividend |
| Aug 29, 2014 | $0.145 | OrdinaryDividend |
| Jul 31, 2014 | $0.145 | OrdinaryDividend |
| Jun 30, 2014 | $0.145 | OrdinaryDividend |
| May 30, 2014 | $0.145 | OrdinaryDividend |
| Apr 30, 2014 | $0.145 | OrdinaryDividend |
| Mar 31, 2014 | $0.145 | OrdinaryDividend |
| Feb 28, 2014 | $0.145 | OrdinaryDividend |
| Jan 31, 2014 | $0.155 | OrdinaryDividend |
| Dec 31, 2013 | $0.155 | OrdinaryDividend |
| Nov 29, 2013 | $0.155 | OrdinaryDividend |
| Oct 31, 2013 | $0.155 | OrdinaryDividend |
| Sep 30, 2013 | $0.160 | OrdinaryDividend |
| Aug 30, 2013 | $0.165 | OrdinaryDividend |
| Jul 31, 2013 | $0.173 | OrdinaryDividend |
| Jun 28, 2013 | $0.173 | OrdinaryDividend |
| May 31, 2013 | $0.173 | OrdinaryDividend |
FTSL - Fund Manager Analysis
Managers
William Housey
Start Date
Tenure
Tenure Rank
May 01, 2013
9.09
9.1%
William A. Housey, CFA, was born in 1973. Mr. Housey earned a B.S. in Finance from Eastern Illinois University and an M.B.A. in Finance and Management & Strategy from Northwestern University’s Kellogg School of Business. Mr. Housey joined First Trust Advisors L.P. in 2010 as Senior Portfolio Manager for the Leveraged Finance Investment Team and has over 22 years of investment experience having held various positions in portfolio management and research. Mr. Housey is responsible for managing fixed-income portfolios, principally focusing on below investment-grade credit.
Jeffrey Scott
Start Date
Tenure
Tenure Rank
Mar 02, 2020
2.25
2.3%
Jeffrey Scott, CFA, Senior Vice President, Deputy Credit Officer, Portfolio Manager of the First Trust Portfolios L.P. Mr. Scott is Deputy Credit Officer for the Leveraged Finance Investment Team. He has extensive experience in credit analysis, product development, and product management. Prior to joining First Trust, Mr. Scott served as an Assistant Portfolio Manager and as a Senior Credit Analyst for Morgan Stanley/Van Kampen from October 2008 to June 2010. As Assistant Portfolio Manager, his responsibilities included assisting with portfolio construction, buy and sell decision making, and monitoring fund liquidity and leverage. Scott joined the Van Kampen Asset Management in 2005. He has approximately 18 years of investment industry experience. Prior to joining the Adviser, he was employed by State Farm Insurance Companies where he served as an Assistant Vice President in the Mutual Fund Group responsible for product development and strategy as well as a Regional Vice President for Sales for the Financial Services Division. Mr. Scott earned a B.S. in Finance and Economics from Elmhurst College and an M.B.A. with specialization in Analytical Finance and Econometrics and Statistics from the University of Chicago. He also holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Chicago.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 23.43 | 6.03 | 3.25 |
