FSL:CA:TSX-First Trust Senior Loan ETF (CAD-Hedged) (CAD)

ETF | Floating Rate Loans | Toronto Stock Exchange

Last Closing

CAD 17.05

Change

0.00 (0.00)%

Market Cap

CAD 0.13B

Volume

6.70K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

First Trust Senior Loan ETF (CAD-Hedged) seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. First Trust Senior Loan ETF (CAD-Hedged) will primarily invest in a portfolio of senior floating rate loans which are generally rated at or below BB+ by Standard & Poors, or Ba1 or less by Moody?s Investor Services, Inc., or a similar rating by designated credit rating organization (as such defined in NI 81-102).

Inception Date: 27/08/2013

Primary Benchmark: S&P/LSTA U.S. Leveraged Loan 100 TR CAD

Primary Index: S&P/LSTA Leveraged Loan TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.94 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-17 )

Largest Industry Peers for Floating Rate Loans

Symbol Name Mer Price(Change) Market Cap
FLOT:CA Purpose Floating Rate Income F.. 1.67 %

N/A

CAD 0.10B
ZFH:CA BMO Floating Rate High Yield 0.43 %

+0.02 (+0.14%)

CAD 0.10B

ETFs Containing FSL:CA

ETP 0.00 % 1.52 %

N/A

N/A
FSD First Trust High Income L.. 0.00 % 1.48 %

+0.16 (+1.35%)

USD 0.01B

Market Performance

  Market Performance vs. Industry/Classification (Floating Rate Loans) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.35% 50% F 22% F
Dividend Return 1.23% 50% F 48% F
Total Return 0.88% 50% F 25% F
Trailing 12 Months  
Capital Gain 1.07% 50% F 34% F
Dividend Return 3.41% 50% F 57% F
Total Return 4.48% 50% F 37% F
Trailing 5 Years  
Capital Gain -9.02% 67% D+ 30% F
Dividend Return 9.74% 67% D+ 51% F
Total Return 0.72% 67% D+ 29% F
Average Annual (5 Year Horizon)  
Capital Gain -1.44% 33% F 33% F
Dividend Return 0.42% 67% D+ 35% F
Total Return 1.86% 67% D+ 52% F
Risk Return Profile  
Volatility (Standard Deviation) 4.84% 100% F 88% B+
Risk Adjusted Return 8.67% 67% D+ 39% F
Market Capitalization 0.13B 33% F 24% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.