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Trending ETFs

First Trust Senior Loan Fund

Active ETF
FTSL
Dividend policy
Active
Price as of:
$47.98 +0.04 +0.08%
primary theme
Bank Loan
FTSL (ETF)

First Trust Senior Loan Fund

Dividend policy
Active
Price as of:
$47.98 +0.04 +0.08%
primary theme
Bank Loan
FTSL (ETF)

First Trust Senior Loan Fund

Dividend policy
Active
Price as of:
$47.98 +0.04 +0.08%
primary theme
Bank Loan

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

First Trust Senior Loan Fund

FTSL | Active ETF

$47.98

$2.7 B

3.19%

$1.53

0.86%

Vitals

YTD Return

0.8%

1 yr return

7.0%

3 Yr Avg Return

3.8%

5 Yr Avg Return

3.7%

Net Assets

$2.7 B

Holdings in Top 10

26.7%

52 WEEK LOW AND HIGH

$48.0
$45.77
$48.25

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 76.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Bank Loan


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

First Trust Senior Loan Fund

FTSL | Active ETF

$47.98

$2.7 B

3.19%

$1.53

0.86%

FTSL - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.63%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Senior Loan Fund
  • Fund Family Name
    First Trust
  • Inception Date
    May 01, 2013
  • Shares Outstanding
    56450002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Housey

Fund Description

Under normal market conditions, the fund seeks to outperform each of the primary index and secondary index by investing at least 80% of its net assets in first lien senior floating rate bank loans. The S&P/LSTA U.S. Leveraged Loan 100 Index (the "primary index") is a market value-weighted index designed to measure the performance of the largest segment of the U.S. syndicated leveraged loan market. The Markit iBoxx USD Liquid Leveraged Loan Index (the "secondary index") selects the 100 most liquid Senior Loans in the market.


FTSL - Performance

Return Ranking - Trailing

Period FTSL Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -2.8% 11.8% 85.22%
1 Yr 7.0% 1.2% 40.0% 73.65%
3 Yr 3.8%* -1.0% 6.3% 19.78%
5 Yr 3.7%* 1.1% 7.4% 50.19%
10 Yr N/A* 2.3% 7.9% N/A

* Annualized

Return Ranking - Calendar

Period FTSL Return Category Return Low Category Return High Rank in Category (%)
2020 -0.7% -16.5% 289.8% 8.74%
2019 5.3% -8.1% 7.5% 1.87%
2018 -5.2% -12.2% 5.5% 72.94%
2017 -1.1% -4.2% 3.7% 80.09%
2016 3.6% -65.0% 12.9% 74.19%

Total Return Ranking - Trailing

Period FTSL Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -2.8% 11.8% 75.79%
1 Yr 7.0% 0.5% 40.0% 63.96%
3 Yr 3.8%* -1.3% 10.0% 23.03%
5 Yr 3.7%* 1.1% 7.6% 50.34%
10 Yr N/A* 2.3% 7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period FTSL Return Category Return Low Category Return High Rank in Category (%)
2020 -0.7% -16.5% 289.8% 8.74%
2019 5.3% -8.1% 7.5% 1.87%
2018 -5.2% -12.2% 5.5% 81.57%
2017 -1.1% -4.2% 7.2% 82.25%
2016 3.6% -65.0% 12.9% 81.11%

FTSL - Holdings

Concentration Analysis

FTSL Category Low Category High FTSL % Rank
Net Assets 2.7 B 31.5 M 10.2 B 20.90%
Number of Holdings 294 12 1358 60.30%
Net Assets in Top 10 767 M -171 M 2.25 B 4.85%
Weighting of Top 10 26.66% 4.9% 94.7% 21.88%

Top 10 Holdings

  1. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  2. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  3. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  4. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  5. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  6. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  7. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  8. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  9. Hub International Ltd Hbgcn Tl 04/25/25 2.78%
  10. Hub International Ltd Hbgcn Tl 04/25/25 2.78%

Asset Allocation

Weighting Return Low Return High FTSL % Rank
Bonds
88.69% 44.30% 162.68% 86.67%
Cash
11.10% -62.77% 55.70% 7.27%
Other
0.10% -58.74% 12.76% 45.15%
Convertible Bonds
0.09% 0.00% 3.77% 40.00%
Stocks
0.02% 0.00% 16.02% 86.97%
Preferred Stocks
0.00% 0.00% 30.81% 55.45%

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% 44.63% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 99.69% N/A
Financial Services
0.00% 0.00% 100.00% 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% 99.91% N/A
Consumer Cyclical
0.00% 0.00% 84.19% N/A
Basic Materials
0.00% 0.00% 64.50% N/A

Stock Geographic Breakdown

Weighting Return Low Return High FTSL % Rank
US
0.02% -0.01% 16.33% 85.15%
Non US
0.00% -0.31% 4.07% 56.06%

Bond Sector Breakdown

Weighting Return Low Return High FTSL % Rank
Corporate
87.76% 0.00% 100.00% 79.33%
Cash & Equivalents
12.24% 0.00% 49.22% 9.12%
Derivative
0.00% 0.00% 9.59% 45.29%
Securitized
0.00% 0.00% 97.17% 65.96%
Municipal
0.00% 0.00% 0.66% 37.39%
Government
0.00% 0.00% 5.94% 39.21%

Bond Geographic Breakdown

Weighting Return Low Return High FTSL % Rank
US
81.76% 2.21% 128.54% 33.64%
Non US
6.93% 0.00% 122.86% 83.03%

FTSL - Expenses

Operational Fees

FTSL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.03% 7.50% 66.77%
Management Fee 0.85% 0.00% 2.40% 85.37%
12b-1 Fee 0.00% 0.00% 1.00% 5.56%
Administrative Fee N/A 0.03% 0.40% 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 76.00% 8.00% 215.00% 68.82%

FTSL - Distributions

Dividend Yield Analysis

FTSL Category Low Category High FTSL % Rank
Dividend Yield 3.19% 0.00% 5.29% 36.23%

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 3.63% 1.77% 10.93% 68.88%

Capital Gain Distribution Analysis

FTSL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FTSL - Fund Manager Analysis

Managers

William Housey


Start Date

Tenure

Tenure Rank

May 01, 2013

8.42

8.4%

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

1.58

1.6%

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
0.17 22.93 6.0 2.59