Price Chart

Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.76% -- 759.52M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
-- -- -- Upgrade

Basic Info

Investment Strategy
The Fund's investment objective is to provide current income. There can be no assurance that the Fund will achieve its investment objective or that the Fund's investment strategies will be successful.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index --
Prospectus Objective Income
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jeffrey Scott 0.27 yrs
Orlando Purpura 0.27 yrs
William Housey 0.27 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-1.030B Category Low
8.977B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
No Data Available
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
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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Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
-2.02%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
6.94%
0.25%
5.25%
-4.04%
15.21%
2.89%
-5.03%
28.40%
-4.43%
-5.82%
1.86%
-2.24%
14.66%
4.36%
-3.54%
26.49%
-4.76%
--
--
--
--
6.99%
-5.03%
18.43%
-6.02%
1.35%
-1.96%
0.44%
12.23%
11.53%
-10.21%
31.09%
-4.23%
As of September 08, 2020.

Fund Details

Key Dates
Inception Date 6/25/2020
Last Annual Report Date --
Last Prospectus Date --
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

Type % Net % Long % Short
Cash -- -- --
Stock -- -- --
Bond -- -- --
Convertible -- -- --
Preferred -- -- --
Other -- -- --
No Data Available

Top Holdings

Name % Weight Price % Change
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
No Data Available

Basic Info

Investment Strategy
The Fund's investment objective is to provide current income. There can be no assurance that the Fund will achieve its investment objective or that the Fund's investment strategies will be successful.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index --
Prospectus Objective Income
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jeffrey Scott 0.27 yrs
Orlando Purpura 0.27 yrs
William Housey 0.27 yrs

Fund Details

Key Dates
Inception Date 6/25/2020
Last Annual Report Date --
Last Prospectus Date --
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No