Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Continue to site >
Trending ETFs

First Trust Tactical High Yield ETF

etf
HYLS
Dividend policy
Active
Price as of:
$48.31 -0.26 0%
primary theme
High Yield Bond
HYLS (ETF)

First Trust Tactical High Yield ETF

Dividend policy
Active
Price as of:
$48.31 -0.26 0%
primary theme
High Yield Bond
HYLS (ETF)
First Trust Tactical High Yield ETF
Dividend policy
Active
Price as of:
$48.31 -0.26 0%
primary theme
High Yield Bond

HYLS - Snapshot

Vitals

  • YTD Return -0.5%
  • 3 Yr Annualized Return 6.2%
  • 5 Yr Annualized Return 5.8%
  • Net Assets $2.3 B
  • Holdings in Top 10 26.7%

52 WEEK LOW AND HIGH

$48.57
$45.17
$49.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme High Yield Bond
  • Fund Type Exchange Traded Fund
  • Investment Style High Yield Bond

Compare HYLS to Popular High Yield Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$5.95

-0.17%

$29.02 B

4.43%

$0.26

blocked
blocked
blocked

-0.50%

0.23%

$7.80

-0.26%

$25.45 B

4.91%

$0.38

blocked
blocked
blocked

0.13%

0.59%

$5.55

-0.18%

$23.02 B

5.46%

$0.30

blocked
blocked
blocked

0.73%

0.79%

$10.39

-0.10%

$18.84 B

5.32%

$0.55

blocked
blocked
blocked

2.47%

0.73%

$11.15

-0.80%

$14.63 B

3.21%

$0.36

blocked
blocked
blocked

4.01%

0.67%

Compare HYLS to Popular High Yield Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$86.62

-0.48%

$21.58 B

4.57%

$3.97

blocked
blocked
blocked

-0.42%

0.48%

$108.21

-0.48%

$10.52 B

4.79%

$5.21

blocked
blocked
blocked

-0.41%

0.40%

$39.78

-0.45%

$6.85 B

4.93%

$1.97

blocked
blocked
blocked

-20.38%

0.20%

$32.00

-0.59%

$4.91 B

4.58%

$1.48

blocked
blocked
blocked

-0.19%

0.43%

$45.62

-0.28%

$4.81 B

4.99%

$2.28

blocked
blocked
blocked

0.53%

0.30%

HYLS - Profile

Distributions

  • YTD Total Return -0.8%
  • 3 Yr Annualized Total Return 6.2%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.02%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Tactical High Yield ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Feb 25, 2013
  • Shares Outstanding
    47450002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Housey

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the fund's advisor to be of comparable quality.


HYLS - Performance

Return Ranking - Trailing

Period HYLS Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -20.4% 8.4% 86.12%
1 Yr 15.0% 0.0% 54.9% 84.49%
3 Yr 6.2%* -12.0% 10.5% 36.71%
5 Yr 5.8%* -5.5% 11.2% 71.64%
10 Yr N/A* 1.3% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period HYLS Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -46.8% 399.1% 51.69%
2019 8.8% -10.3% 226.1% 29.86%
2018 -7.7% -18.4% -0.4% 35.38%
2017 0.7% -9.5% 18.8% 67.34%
2016 2.7% -9.1% 28.6% 94.98%

Total Return Ranking - Trailing

Period HYLS Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -20.6% 8.4% 93.61%
1 Yr 15.0% 0.0% 54.9% 75.99%
3 Yr 6.2%* -12.0% 10.5% 31.95%
5 Yr 5.8%* -5.5% 11.2% 64.86%
10 Yr N/A* 1.3% 9.5% N/A

* Annualized

Total Return Ranking - Calendar

Period HYLS Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -46.8% 399.1% 51.69%
2019 8.8% -3.8% 23.9% 33.19%
2018 -7.7% -18.4% 1.3% 48.09%
2017 0.7% -8.5% 18.8% 75.04%
2016 2.7% -9.1% 39.0% 95.88%

HYLS - Holdings

Concentration Analysis

HYLS Category Low Category High HYLS % Rank
Net Assets 2.3 B 3.67 M 29 B 20.30%
Number of Holdings 465 3 2297 34.32%
Net Assets in Top 10 -57.8 M -564 M 3.93 B 99.46%
Weighting of Top 10 26.73% 2.6% 100.0% 9.55%

Top 10 Holdings

  1. United States Treasury Bills 0% 5.46%
  2. United States Treasury Bills 0% 5.46%
  3. United States Treasury Bills 0% 4.62%
  4. United States Treasury Bills 0% 4.09%
  5. United States Treasury Bills 0% 3.85%
  6. United States Treasury Bills 0% 3.71%
  7. United States Treasury Bills 0% 3.51%
  8. United States Treasury Bills 0% 3.29%
  9. United States Treasury Bills 0% 3.29%
  10. United States Treasury Bills 0% 3.24%

Asset Allocation

Weighting Return Low Return High HYLS % Rank
Bonds
114.58% 3.38% 146.82% 1.21%
Convertible Bonds
0.61% 0.00% 21.16% 85.87%
Other
0.38% -49.68% 30.15% 11.98%
Stocks
0.03% -10.91% 32.07% 69.04%
Preferred Stocks
0.00% 0.00% 22.05% 51.28%
Cash
-15.60% -40.59% 61.87% 97.98%

Stock Sector Breakdown

Weighting Return Low Return High HYLS % Rank
Utilities
0.00% 0.00% 100.00% N/A
Technology
0.00% 0.00% 49.46% N/A
Real Estate
0.00% 0.00% 100.00% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 63.64% 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% 100.00% N/A
Consumer Cyclical
0.00% 0.00% 100.00% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HYLS % Rank
US
0.03% -13.16% 27.67% 61.78%
Non US
0.00% 0.00% 15.55% 46.43%

Bond Sector Breakdown

Weighting Return Low Return High HYLS % Rank
Corporate
99.47% 0.00% 100.00% 3.91%
Cash & Equivalents
0.53% 0.00% 87.53% 90.97%
Derivative
0.00% 0.00% 42.49% 38.95%
Securitized
0.00% 0.00% 91.38% 55.39%
Municipal
0.00% 0.00% 14.61% 21.56%
Government
0.00% 0.00% 42.65% 47.04%

Bond Geographic Breakdown

Weighting Return Low Return High HYLS % Rank
US
108.03% 0.15% 121.16% 0.54%
Non US
6.55% -25.82% 97.17% 92.06%

HYLS - Expenses

Operational Fees

HYLS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.03% 20.43% 49.72%
Management Fee 0.95% 0.00% 1.84% 95.12%
12b-1 Fee 0.00% 0.00% 1.00% 2.41%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HYLS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HYLS 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.

HYLS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 349.00% 53.16%

HYLS - Distributions

Dividend Yield Analysis

HYLS Category Low Category High HYLS % Rank
Dividend Yield 2.11% 0.00% 3.07% 1.08%

Dividend Distribution Analysis

HYLS Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

HYLS Category Low Category High HYLS % Rank
Net Income Ratio 5.02% -2.17% 10.53% 50.21%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HYLS - Fund Manager Analysis

Managers

William Housey


Start Date

Tenure

Tenure Rank

Feb 25, 2013

8.18

8.2%

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

1.16

1.2%

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
0.08 36.71 6.65 1.83