HISFFirst Trust High Income Strategic Focus ETF

Grow my money Get income11y track recordRanked #1,129 of 1,622 in this goal

Seeks risk-adjusted income and capital appreciation.

By First Trust · Launched 2014

Annual Cost

0.83%

#4,238 of 5,562 · expensive

Fund Size

$96M

#2,992 of 5,562 · mid-size

Return (1Y)Goal

+5.4%

Track Record

11 years

#1,213 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,294+2.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 100.0% of fund✓ diversified through underlying funds

First Trust Core Investment Grade ETF

25.4%

First Trust Tactical High Yield ETF

19.9%

First Trust Smith Opportunistic Fixed Income ETF

12.0%

First Trust Low Duration Opportunities ETF

10.0%

First Trust Intermediate Duration Investment Grade Corporate ETF

10.0%

First Trust Preferred Securities and Income ETF

7.5%

First Trust Emerging Markets Local Currency Bond ETF

5.1%

First Trust Limited Duration Investment Grade Corporate ETF

5.0%

First Trust Long Duration Opportunities ETF

5.0%

Dreyfus Government Cash Management

0.1%

Asset allocation

Bonds

93.7%

Cash

3.4%

Preferred

2.8%

Convertible

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.3%Low

Year-on-year price swings

Max drawdown

-27.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.34Below average

Sortino (3Y)

0.48Moderate downside risk

Bond profile

Duration

5.1 years

Avg maturity

9.4 years

Credit ratings

US Government

18.4%

AAA

43.9%

2.9%

8.8%

BBB

22.5%

11.0%

7.8%

Below B

1.8%

Other

1.3%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks risk-adjusted income and capital appreciation.
Strategy: Invests in a portfolio of U.S.-listed ETFs designed to follow the High Income Model, providing a diversified income stream through fixed income assets. The Advisor employs a dynamic approach to select Underlying ETFs based on macroeconomic factors and asset analysis.
Inception date: August 13, 2014
Fund family: First Trust