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First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
FTSL

First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF

$48.020.4%

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Key Stats

Open
48.02
Today Low/High
48.02 / 48.02
52 Week Low/High
$44.55 / $48.06
Market Cap
$2.54B
Expense Ratio
0.0086
Total Assets
$2.33B
Yield
3.14

Company Details

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 seeks to outperform each of the primary index and secondary index by investing at least 80% of its net assets in first lien senior floating rate bank loans. The S&P/LSTA U.S. Leveraged Loan 100 Index (the primary index) is a market value-weighted index designed to measure the performance of the largest segment of the U.S. syndicated leveraged loan market. The Markit iBoxx USD Liquid Leveraged Loan Index (the secondary index) selects the 100 most liquid Senior Loans in the market.
Organisation
First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
Industry
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