Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.02% -0.00% 43.63M 1277.13
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
8.42% 20.53% 6.466M Upgrade

Basic Info

Investment Strategy
First Trust Senior Loan ETF (CAD-Hedged) seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. First Trust Senior Loan ETF (CAD-Hedged) will primarily invest in a portfolio of senior floating rate loans which are generally rated at or below BB+ by Standard & Poor’s, or Ba1 or less by Moody’s Investor Services, Inc., or a similar rating by designated credit rating organization.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Floating Rate Loans
Category Index Morningstar LSTA US LL TR CAD
Global Category Name Canada Fixed Income
YCharts Categorization Canada Bond
YCharts Benchmark Bloomberg Global Aggregate CAD (^BBGATRCAD)
Prospectus Objective --
Fund Owner Firm Name FT Portfolios Canada Co
Prospectus Benchmark Index
Morningstar LSTA US LL100 Index TR CAD 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 10.68 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 16, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
1.46%
-2.06%
8.67%
-0.34%
3.85%
-3.63%
12.08%
2.13%
2.60%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
-0.40%
5.44%
0.77%
11.19%
-3.88%
4.78%
-0.88%
13.65%
5.32%
1.36%
-2.13%
8.67%
0.01%
2.14%
-2.34%
7.68%
--
0.57%
-1.81%
7.68%
-0.21%
1.67%
0.22%
4.93%
--
5.01%
2.28%
5.99%
-0.65%
5.56%
-6.31%
11.98%
3.26%
As of May 16, 2024.

Asset Allocation

As of April 30, 2024.
Type % Net % Long % Short
Cash 6.29% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 93.71% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
First Trust Senior Loan ETF (CAD-Hedged) seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. First Trust Senior Loan ETF (CAD-Hedged) will primarily invest in a portfolio of senior floating rate loans which are generally rated at or below BB+ by Standard & Poor’s, or Ba1 or less by Moody’s Investor Services, Inc., or a similar rating by designated credit rating organization.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Floating Rate Loans
Category Index Morningstar LSTA US LL TR CAD
Global Category Name Canada Fixed Income
YCharts Categorization Canada Bond
YCharts Benchmark Bloomberg Global Aggregate CAD (^BBGATRCAD)
Prospectus Objective --
Fund Owner Firm Name FT Portfolios Canada Co
Prospectus Benchmark Index
Morningstar LSTA US LL100 Index TR CAD 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Not Disclosed 10.68 yrs

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