First Trust Senior Loan Fund (FTSL)

NASDAQ: FTSL · Real-Time Price · USD
46.38
+0.26 (0.56%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.56%
Assets $2.20B
Expense Ratio 0.87%
PE Ratio n/a
Shares Out 47.75M
Dividend (ttm) $3.50
Dividend Yield 7.54%
Ex-Dividend Date Dec 13, 2024
Payout Ratio n/a
1-Year Return +0.32%
Volume 443,199
Open 46.55
Previous Close 46.12
Day's Range 46.11 - 46.55
52-Week Low 45.23
52-Week High 46.99
Beta 0.27
Holdings 268
Inception Date May 1, 2013

About FTSL

Fund Home Page

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund 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 was launched on May 1, 2013 and is issued by First Trust.

Asset Class Fixed Income
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol FTSL
ETF Provider First Trust

Dividends

Ex-Dividend Amount Pay Date
Dec 13, 2024 $0.275 n/a
Nov 21, 2024 $0.280 n/a
Oct 22, 2024 $0.290 Oct 31, 2024
Sep 26, 2024 $0.290 Sep 30, 2024
Aug 21, 2024 $0.290 Aug 30, 2024
Jul 23, 2024 $0.288 Jul 31, 2024
Full Dividend History

News

FTSL: In Case The Fed Keeps Rates Here

Floating rate bank loans, like those in the First Trust Senior Loan Fund (FTSL), are attractive in a high-interest-rate environment due to their high yield and risk/return profile. FTSL is actively ma...

2 months ago - Seeking Alpha

FTSL: Senior Loan ETF, Good Dividend Yield, Below-Average Performance, And High Expense Ratio

FTSL is a simple senior loan ETF, with an above-average 7.7% dividend yield. Senior loans were one of the best-performing income investments of 2022 and 2023, with FTSL outperforming most of its peers...

2 months ago - Seeking Alpha

FTSL: When A Hold Is A Hold

The First Trust Senior Loan Fund ETF is used as a prime example of a "Hold" investment, emphasizing its stable dividend yield and low volatility. The thesis discusses potential downside risks, such as...

2 months ago - Seeking Alpha

FTSL: Not A Good Entry Point, But An Attractive Hold (Rating Downgrade)

First Trust Senior Loan Fund ETF is an exchange-traded fund that invests in leveraged loans. Despite rising interest rates, leveraged loans have delivered robust returns in the past year due to their ...

10 months ago - Seeking Alpha

FTSL: Senior Loan ETF With Growing 7.0% Dividend Yield, Low Rate Risk

FTSL focuses on senior loans, offers a 7.0% dividend yield, and has low interest rate risk. The fund has above-average credit risk and an expense ratio of 0.86%. There are other senior loan ETFs with ...

1 year ago - Seeking Alpha

FTSL: Unleveraged Floating Rate Loans, 8.4% Yield

The First Trust Senior Loan Fund is an actively managed ETF that primarily invests in first lien senior floating-rate bank loans, with a current yield of 8.4%. The fund has low market risk due to its ...

1 year ago - Seeking Alpha

Leveraged loan defaults hit $25 billion, head for third worst year in history, Goldman

Leveraged loan defaults are heading for the third-worst year in history as Federal Reserve interest rate hikes take a toll, according to Goldman Sachs.

Other symbols: SRLN
1 year ago - Market Watch

Rising Yields Push Investors Toward Bank Loan And Inflation Protected Bond Funds For The Week

For the flows week, investors injected net new money into taxable fixed income funds and municipal bond funds. On the tax-exempt side, municipal bond funds attracted their third largest weekly net inf...

Other symbols: BKLNSRLN
4 years ago - Seeking Alpha

BKLN, FTSL, SRLN: ETFs That Invest In Classier Versions Of Junk Bonds

BKLN, FTSL, SRLN: ETFs That Invest In Classier Versions Of Junk Bonds

Other symbols: BKLNSRLN
4 years ago - Seeking Alpha

Geopolitics, Inflation, And Trade: Strategies For Navigating Uncertainty

Geopolitics, Inflation, And Trade: Strategies For Navigating Uncertainty

5 years ago - Seeking Alpha