| Fund Description |
| The First Trust High Yield Long/Short ETF is an actively managed exchange-traded fund. The funds primary investment objective is to provide current income. The funds secondary investment objective is to provide capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the funds advisor to be of comparable quality. |
| Fund Profile |
| Fund Name |
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF |
| Fund Exchange Ticker |
HYLS |
| Fund Sponsor |
First Trust |
| Fund ISIN |
US33738D4088 |
| Net Expense Ratio |
1.10 % |
| Fund Inception Date |
26 February 2013 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NASDAQ |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Broad Market |
| Asset Class |
Bonds |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
| Bond Type |
Broad Market |
| Credit Quality |
Fund Holds Both Investment Grade & High Yield |
| Average Maturity |
Intermediate (3-10) years |
| Bond Currency Denomination |
Multiple Currencies |
| Key Statistics |
| Return As of Date |
21 June 2019 |
| Asset Under Management |
1244.94 Million (USD) |
| 1 Month Total Return |
1.14 % |
| Year To Date Return |
10.38 % |
| 1 Year Total Return |
7.12 % |
| 3 Year Annualized Total Return |
6.07 % |
| NAV |
48.16 |
| Share Outstanding |
25,850,000 |
| Top 10 Holdings (20 June 2019) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| TENET HEALTHCARE CORP 8.125% due 04/01/2022 |
|
BOND |
0.0240000000 |
| MPH ACQUISITION HOLDINGS 7.125% due 06/01/2024 |
|
BOND |
0.0228000000 |
| GRAY TELEVISION INC 5.875% due 07/15/2026 |
|
BOND |
0.0221000000 |
| STARS GROUP HOLDINGS BV TSGICN TL B 1L USD |
|
BOND |
0.0214000000 |
| VALEANT PHARMACEUTICALS 6.125% due 04/15/2025 |
|
BOND |
0.0183000000 |
| AMWINS GROUP INC 7.75% due 07/01/2026 |
|
BOND |
0.0180000000 |
| SINCLAIR TELEVISION GROUP 5.625% due 08/01/2024 |
|
BOND |
0.0162000000 |
| SIX FLAGS ENTERTAINMENT 4.875% due 07/31/2024 |
|
BOND |
0.0151000000 |
| DEERFIELD HOLDINGS CORP DUFPHE TL B 1L USD |
|
BOND |
0.0149000000 |
| HUB INTERNATIONAL LTD HBGCN TL B 1L USD |
|
BOND |
0.0144000000 |