Key stats
About First Trust Senior Loan Fund
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Inception date
May 1, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FTSL offers actively managed exposure to senior loans and similar securities primarily, but not exclusively, from North America. Fund documents show a typical profile for a senior loan fund: very low interest-rate risk (from floating-rate debt) and high credit risk (from a near-total allocation to below-investment-grade debt). The funds investment advisor combines a fundamental credit selection process with relative value analysis and top-down macroeconomic perspectives when selecting investment opportunities. FTSL may also invest significantly in covenant-lite loans.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Miscellaneous
Bonds, Cash & Other100.00%
Loans49.63%
Miscellaneous34.65%
Corporate9.47%
Mutual fund5.73%
Cash0.52%
Stock breakdown by region
North America93.23%
Europe6.77%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTSL last dividends amounted to 0.25 USD. The month before, the issuer paid 0.26 USD in dividends, which shows a 1.98% decrease.
Yes, FTSL pays dividends to its holders with the dividend yield of 7.11%. The last dividend (Jun 30, 2025) amounted to 0.25 USD. The dividends are paid monthly.
FTSL shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 1, 2013, and its management style is Active.
FTSL expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
FTSL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTSL invests in bonds.
FTSL price has risen by 0.50% over the last month, and its yearly performance shows a 0.41% increase. See more dynamics on FTSL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.36% over the last month, showed a 1.40% increase in three-month performance and has increased by 4.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.36% over the last month, showed a 1.40% increase in three-month performance and has increased by 4.78% in a year.
FTSL trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.