First Etf Profile

FTSL Etf  USD 44.84  0.02  0.0446%   

Market Performance

3 of 100


Odds Of Distress

Less than 1

First Trust is selling for 44.84 as of the 31st of May 2023. This is a -0.04 percent down since the beginning of the trading day. The etf's lowest day price was 44.76. First Trust has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for First Trust Senior are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2022 and ending today, the 31st of May 2023. Click here to learn more.
Under normal market conditions, the fund seeks to outperform each of the primary index and secondary index by investing at least 80 percent of its net assets in first lien senior floating rate bank loans. Senior Loan is traded on NASDAQ Exchange in the United States. More on First Trust Senior

Moving together with First Etf

+0.96SRLNSPDR Blackstone Senior Sell-off TrendPairCorr
+0.8FLRTPacer Pacific AssetPairCorr
+0.67SNLNHighlandiBoxx Senior LoanPairCorr
+0.91IMTMIShares MSCI IntlPairCorr
+0.84SPEUSPDR Portfolio EuropePairCorr
+0.84RXIIShares Global ConsumerPairCorr

First Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerFirst Trust
Inception Date2013-05-01
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management2.16 Billion
Average Trading Valume618,568.2
Asset TypeFixed Income
FocusHigh Yield
Market ConcentrationBlended Development
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerWilliam Housey, Jeffrey Scott
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
Number of Constituents193
Market MakerSusquehanna
Total Expense0.86
Management Fee0.85
Nav Price44.56
Two Hundred Day Average45.68
Average Daily Volume In Three Month633.03k
Fifty Two Week Low43.8
As Of Date25th of October 2022
Average Daily Volume Last 10 Day423.89k
Fifty Two Week High48.13
One Month0.20%
Fifty Day Average44.74
Three Month-0.22%
Beta In Three Year0.4
First Trust Senior [FTSL] is traded in USA and was established 2013-05-01. The fund is listed under Bank Loan category and is part of First Trust family. The entity is thematically classified as Corporate ETFs. First Trust Senior currently have 3.01 B in assets under management (AUM). , while the total return for the last 3 years was 1.76%.
Check First Trust Probability Of Bankruptcy

Top First Trust Senior Etf Constituents

FTSMFirst Trust EnhancedEtfUltrashort Bond
More Details

First Trust Top Holders

ASTLXASTOR LONGSHORT FUNDMutual FundTactical Allocation
JTHSXJAMES ALPHA TOTALMutual FundMultistrategy
JTHIXJAMES ALPHA TOTALMutual FundMultistrategy
LDSFFirst Trust LowEtfShort-Term Bond
PWRAXPOWER INCOME FUNDMutual FundNontraditional Bond
FLOTXPower Floating RateMutual FundBank Loan
ASTIXASTOR LONGSHORT FUNDMutual FundTactical Allocation
More Details

First Trust Major Institutional Holders

Institutional Holdings refers to the ownership stake in First Trust that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Trust's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Trust's value.
InstituionLast TransactionTypeSharesValue
Morgan Stanley2023-03-31Fund Units4.8 M219.4 M
Royal Bank Of Canada2023-03-31Fund UnitsM182.8 M
Bank Of America Corp2023-03-31Fund Units2.3 M102 M
Wells Fargo Company2023-03-31Fund UnitsM91.1 M
Lpl Financial Llc2023-03-31Fund Units1.7 M78.8 M
Ubs Group Ag2023-03-31Fund Units1.3 M58.2 M
Virtue Capital Management Llc2023-03-31Fund Units932.8 K42 M
Raymond James Associates2023-03-31Fund Units786.8 K35.6 M
Flaharty Asset Management Llc2023-03-31Fund Units731.8 K33.1 M
First Trust Advisors Lp2023-03-31Fund Units709.5 K32.1 M
Wagner Wealth Management Llc2023-03-31Fund Units705.9 K31.9 M
View First Trust Diagnostics

First Trust Senior Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Senior Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust Senior Price Common Logarithm is logarithm with base 10 applied on the entire pricing series.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Senior at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Etf?

Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Trust Senior etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Trust Senior etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust Senior, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.

Already Invested in First Trust Senior?

The danger of trading First Trust Senior is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Senior is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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The market value of First Trust Senior is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Check out Investing Opportunities to better understand how to build diversified portfolios.