FTSL
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First Trust Senior Loan Fund
45.95
+0.06 (+0.13%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 45.89
Day's Range: 45.88 - 45.95
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When Written:
45.24
The First Trust Senior Loan Fund is an exchange-traded fund (ETF) that invests in a diversified portfolio of senior secured floating-rate bank loans. These loans are typically made to companies with below-investment-grade credit ratings, which makes them higher-risk, higher-yield investments. The fund seeks to provide investors with a high level of current income while preserving capital.
The fund is managed by First Trust Advisors, a leading asset management firm that specializes in ETFs and other investment vehicles. As of August 2021, the fund had total net assets of over $3.5 billion and an expense ratio of 0.78%.
Investors in the First Trust Senior Loan Fund should be aware that the fund's value will fluctuate based on changes in interest rates, credit quality, and other factors. Additionally, the fund may be subject to risks associated with investing in below-investment-grade debt securities, including default risk and liquidity risk.
Overall, the First Trust Senior Loan Fund may be a suitable investment for investors seeking high current income and willing to accept the risks associated with investing in high-yield debt securities.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund is managed by First Trust Advisors, a leading asset management firm that specializes in ETFs and other investment vehicles. As of August 2021, the fund had total net assets of over $3.5 billion and an expense ratio of 0.78%.
Investors in the First Trust Senior Loan Fund should be aware that the fund's value will fluctuate based on changes in interest rates, credit quality, and other factors. Additionally, the fund may be subject to risks associated with investing in below-investment-grade debt securities, including default risk and liquidity risk.
Overall, the First Trust Senior Loan Fund may be a suitable investment for investors seeking high current income and willing to accept the risks associated with investing in high-yield debt securities.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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