First Trust Senior Loan FundFirst Trust Senior Loan FundFirst Trust Senior Loan Fund

First Trust Senior Loan Fund

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Key stats


Assets under management (AUM)
‪2.17 B‬USD
Fund flows (1Y)
‪−77.47 M‬USD
Dividend yield (indicated)
7.64%
Discount/Premium to NAV
0.2%

About First Trust Senior Loan Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.87%
Inception date
May 1, 2013
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Fixed income
Category
Corporate, bank loans
Focus
High yield
Niche
Floating rate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 5, 2024
Exposure type
Bonds, Cash & Other
Loans
Miscellaneous
Corporate
Bonds, Cash & Other100.00%
Loans48.72%
Miscellaneous33.53%
Corporate11.60%
Mutual fund5.62%
Cash0.53%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows