ducovest

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

ETF | Floating Rate Loans | Toronto Stock Exchange

Last Closing

CAD 16.92

Change

0.00 (0.00)%

Market Cap

CAD 0.13B

Volume

301.00

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).

Company Website : www.firsttrust.ca

Currency: CAD

Country : Canada

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

Symbol Company Name Allocation
FTSL First Trust Senior Loan Fund 99.27 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-17 )

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 %

+0.01 (+0.07%)

 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 %

+0.13 (+1.07%)

 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 -1.11% 50% F 24% F
Dividend Return 1.81% 50% F 58% F
Total Return 0.70% 50% F 28% F
Trailing 12 Months  
Capital Gain 0.89% 50% F 33% F
Dividend Return 4.03% 50% F 63% D
Total Return 4.92% 50% F 40% F
Trailing 5 Years  
Capital Gain -9.13% 33% F 31% F
Dividend Return 9.93% 67% D+ 53% F
Total Return 0.80% 67% D+ 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.29% 33% F 33% F
Dividend Return 0.62% 33% F 35% F
Total Return 1.90% 67% D+ 53% F
Risk Return Profile  
Volatility (Standard Deviation) 4.80% 100% F 89% A-
Risk Adjusted Return 12.84% 67% D+ 41% 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:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.