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Key statistics Previous close 44.54
Open 44.54
Day range 44.54 44.67
52-week range 44.25 46.09
Off day high −0.04%
Off 52-week high −3.12%
Volume 454.05K
Avg. volume (3M) 325.19K
Net assets 2.49B
Expense ratio 0.70%
Yield 6.28%
YTD return +1.93%
50-day average 44.70
200-day average 44.93
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Under normal market conditions, the fund invests at least 80% of its net assets in first and second lien senior floating rate bank loans (collectively, “Senior Loans”). Senior loans represent debt obligations of sub-investment grade corporate borrowers, similar to high yield bonds; however, senior loans are different from traditional high yield bonds in that senior loans are typically senior to other obligations of the borrower and generally secured by a lien on all or some portion of the assets of the borrower.
Fund family First Trust
Category Bank Loan
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