First Trust High Income Strat Foc ETF (HISF)
43.62
+0.04
(+0.10%)
USD |
NASDAQ |
May 06, 16:00
43.62
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.87% | -0.01% | 32.70M | 2077.63 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.54% | 38.00% | -6.545M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks risk-adjusted income; capital appreciation is the secondary objective. Under normal market conditions, the fund seeks to achieve its investment objectives by investing in a portfolio of U.S.-listed ETFs that is designed to follow the High Income Model developed by the advisor. The fund, through its investments in the underlying ETFs comprising the High Income Model, seeks to provide investors with a diversified income stream by holding a blend of fixed income assets that are actively managed to seek levels of high income and total return. It invests significantly in shares of the First Trust TCW Opportunistic Fixed Income ETF. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Moderately Conservative Allocation |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Global Category Name | Cautious Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 70.00% |
| ICE BofA US HY Constnd TR USD | 30.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Lindquist | 9.72 yrs |
| David McGarel | 9.72 yrs |
| William Housey | 9.72 yrs |
| Chris Peterson | 8.17 yrs |
| Steve Collins | 2.61 yrs |
Performance Versus Category
As of May 06, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 06, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks risk-adjusted income; capital appreciation is the secondary objective. Under normal market conditions, the fund seeks to achieve its investment objectives by investing in a portfolio of U.S.-listed ETFs that is designed to follow the High Income Model developed by the advisor. The fund, through its investments in the underlying ETFs comprising the High Income Model, seeks to provide investors with a diversified income stream by holding a blend of fixed income assets that are actively managed to seek levels of high income and total return. It invests significantly in shares of the First Trust TCW Opportunistic Fixed Income ETF. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Moderately Conservative Allocation |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Global Category Name | Cautious Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 70.00% |
| ICE BofA US HY Constnd TR USD | 30.00% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Lindquist | 9.72 yrs |
| David McGarel | 9.72 yrs |
| William Housey | 9.72 yrs |
| Chris Peterson | 8.17 yrs |
| Steve Collins | 2.61 yrs |