FTSLFirst Trust Senior Loan Fund
FTSL Fund Description
FTSL holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.
FTSL Factset Analytics Insight
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 fund’s 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.
FTSL Portfolio Data
FTSL Index Data
FTSL Portfolio Management
FTSL Tax Exposures
FTSL Fund Structure
FTSL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTSL. FTSL is rated a N/A out of 5.