HISF
First Trust High Income Strat Foc ETF
ICE BofA US HY Constnd TR USD
NAV as of
4 Week: 43.96 - 44.43
52 Week: 43.15 - 48.15
Latest Closing Price
44.30
Premium / Discount
-0.02
Expense Ratio
0.85%
Investment Objective
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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.60 | 0.31 | 1.94 |
| 1 Day | -0.28 | 0.00 | 0.00 |
| 1 Week | -0.08 | 0.78 | -0.10 |
| 1 Month | -0.51 | 1.39 | -0.36 |
| 3 Months | -0.14 | 2.47 | -0.06 |
| 6 Months | -0.96 | 3.94 | -0.24 |
| 1 Year | -8.26 | 5.45 | -1.52 |
| 2 Years | -9.84 | 8.83 | -1.11 |
| 3 Years | 15.95 | 16.35 | 0.98 |
| 5 Years | -10.15 | 28.25 | -0.36 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | -4.3864 | 11.7104 | 6.4750 | -4.0537 | 15.4648 | -2.4919 | 9.5302 | -9.7840 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 85.0000 | 4.0000 | 94.0000 | 36.0000 | 40.0000 | 96.0000 | 22.0000 | 12.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 21/02/2023 | 27/02/2023 | 0.1483 |
| 23/01/2023 | 30/01/2023 | 0.1517 |
| 22/12/2022 | 29/12/2022 | 0.1550 |
| 21/11/2022 | 29/11/2022 | 0.1450 |
| 20/10/2022 | 30/10/2022 | 0.1369 |
| 22/09/2022 | 29/09/2022 | 0.1450 |
| 22/08/2022 | 30/08/2022 | 0.1400 |
| 20/07/2022 | 28/07/2022 | 0.1370 |
| 23/06/2022 | 29/06/2022 | 0.1370 |
| 23/05/2022 | 30/05/2022 | 0.1300 |
Portfolio Data
Total Number of Holdings: 7
Number of Bond Holdings: 0
Number of Equity Holdings: 0
Total Market Value: 37,773,546
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | First Trust Tactical High Yield ETF | 17.4858 | 330,111 | 0 | 15,901,447 |
| 2 | First Trust Preferred Sec & Inc ETF | 9.4644 | 431,855 | 0 | 8,606,870 |
| 3 | First Trust Emerging Mkts Lcl Ccy Bd ETF | 9.2254 | 215,834 | 0 | 8,389,468 |
| 4 | iShares MBS ETF | 7.1504 | 60,315 | 0 | 6,502,560 |
| 5 | iShares JP Morgan USD Em Mkts Bd ETF | 5.9278 | 47,900 | 0 | 5,390,666 |
| 6 | First Trust Instl Pref Secs and Inc ETF | 3.1635 | 144,347 | 0 | 2,876,836 |
| 7 | First Trust Low Duration Oppos ETF | 3.0912 | 54,174 | -5,936 | 2,811,089 |
| 8 | Enterprise Products Partners LP | 1.7480 | 59,647 | 0 | 1,589,593 |
| 9 | Magellan Midstream Partners LP | 1.0535 | 15,430 | 0 | 958,049 |
| 10 | TC Energy Corp | 1.0029 | 18,350 | 0 | 911,995 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 2.45 |
| Large | 8.67 |
| Medium | 20.22 |
| Small | 11.23 |
| Micro | 5.20 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 3.93 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 12.00 |
| Average Weighted Coupon* | 4.18 |
| Average Weighted Price* | 92.11 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 36.05 |
| AA | 5.13 |
| A | 15.00 |
| BBB | 21.73 |
| BB | 6.51 |
| B | 8.91 |
| Below B | 6.42 |
| Not Rated | 0.25 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 16.79 |
| 3 to 5 Years | 14.29 |
| 5 to 7 Years | 8.13 |
| 7 to 10 Years | 5.21 |
| 10 to 15 Years | 6.40 |
| 15 to 20 Years | 5.75 |
| 20 to 30 Years | 19.59 |
| Over 30 Years | 7.94 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 8.98 |
| 183 to 364 Days | 3.22 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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