HYLSFirst Trust Tactical High Yield ETF

Grow my money Get income13y track recordRanked #474 of 1,622 in this goal

Seeks to provide current income and capital appreciation.

By First Trust · Launched 2013

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$1.6B

#833 of 5,562 · large

Return (1Y)Goal

+5.1%

Track Record

13 years

#1,061 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,467+4.7%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Long short

What it actually holds

By weight

Concentration

Top 10 holdings = 12.4% of fund✓ well diversified

LIGHTNING POWER LLC

1.6%

1011778 BC / NEW RED FIN

1.4%

ONEDIGITAL BORR 06/12/32

1.3%

UNITED RENTALS NORTH AM

1.3%

PANTHER ESCROW ISSUER

1.2%

ARDONAGH FINCO LTD

1.2%

MSILF Treasury Portfolio

1.1%

BALDWIN INSUR GRP/FIN

1.1%

ACRISURE LLC / FIN INC

1.1%

QXO BUILDING PRODUCTS

1.1%

Asset allocation

Bonds

100.0%

Preferred

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.5%Low

Year-on-year price swings

Max drawdown

-23.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.21Good downside protection

Bond profile

Duration

6.8 years

Avg maturity

10.0 years

Credit ratings

BBB

4.3%

37.1%

40.9%

Below B

15.0%

Other

2.8%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide current income and capital appreciation.
Strategy: Invests primarily in high yield debt securities rated below investment grade, including U.S. and non-U.S. corporate debt. Employs long and short positions, with long positions potentially totaling 130% of net assets, and short positions up to 30%. Uses credit derivatives and may invest in distressed securities to manage risk and enhance returns.
Inception date: February 25, 2013
Fund family: First Trust