First Trust Senior Loan Fund
FTSL
$44.93
-$0.05-0.12%
Rating
Reward
Risk
Fund Information
Fund Type
ETF
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
None
Top Holdings
There are no holdings to display.
Similar ETFs
Performance
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Forward Dividend Yield
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Price
1-Month Low
1-Month High
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52-Week High
NAV
1-Month Low
1-Month High
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52-Week High
Company Information
Provider
First Trust
Manager (Tenure in Years)
William Housey (13), Jeffrey Scott (6), Kevin Ziets (0)
Website
Address
First Trust
120 East Liberty Drive, Suite 400
Wheaton Illinois - 60187
120 East Liberty Drive, Suite 400
Wheaton Illinois - 60187
Country
United States
Phone Number
800-621-1675
Investment Strategy
The investment seeks to provide high current income; the fund's secondary investment objective is the preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in first and second lien senior floating rate bank loans (collectively, “Senior Loans”). Senior loans represent debt obligations of sub-investment grade corporate borrowers, similar to high yield bonds; however, senior loans are different from traditional high yield bonds in that senior loans are typically senior to other obligations of the borrower and generally secured by a lien on all or some portion of the assets of the borrower.