First Trust Senior Loan Fund (FTSL)

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Fund Description

The investment seeks to provide high current income. Under normal market conditions, the fund seeks to outperform each of the Primary index and Secondary index by investing at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in first lien senior floating rate bank loans ("Senior Loans"). The Senior Loans included in the fund's portfolio often maintain an average interest rate duration of less than 90 days; however, the inclusion of LIBOR floors on certain Senior Loans or other factors may cause interest rate duration to be longer than 90 days. The fund is non-diversified.

Fund Snapshot Updated 04.15.2014

Previous Close $49.50 Expense Ratio 0.85%
YTD Return 0.82% Avg. 30-Day Volume 26,187
1-Year Return 0.0% Market Cap Loading...
Bid $49.50 Shares Outstanding 3,600,000
Ask $49.57 Dividends $1.91
Top 10 Holdings
Chs / Cmnty Health Sys Inc (—) 17.67%
Select Medical Corp (—) 6.59%
Tenet Healthcare Corp (—) 5.10%
Hexion U S Fin Corp (—) 4.79%
Infor Software Parent Llc (—) 4.61%
T Mobile Usa Inc (—) 4.47%
Blueline Rent Fin Corp (—) 3.92%
Ineos Group Hldgs Plc (—) 3.81%
Sprint Corp (—) 3.43%
Garda World Security Corp (—) 3.43%
% of Total Holdings 57.80%

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Geographic Breakdown

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