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FTSL
-0.13 · -0.29%
$45.74 · NASDAQ

First Trust Senior Loan Fund (FTSL) ETF Analysis | Bank Loan

First Trust · United States
AUM:$2.3B
#– of – in Bank Loan ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

FTSL returned +4.6% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.87% — above average for this category.

What is FTSL?

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in first lien senior floating rate bank loans ("Senior Loans"). The fund invests in Senior Loans made predominantly to businesses operating in North America, but may also invest in Senior Loans made to businesses operating outside of North America.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
FTSL returned 4.6% over the past year.
Higher Cost Profile
Expense ratio of 0.87% is above average. Verify whether the strategy justifies the cost.
Broadly Diversified
Top 10 holdings represent just 4.6% of the ETF — exposure spread across many positions.
ETF Information
AUM$2.3B
Expense Ratio0.87%
Dividend Yield6.58%
Holdings1
Inception DateMay 2013
DomicileUnited States
DistributionNA
Index–
ProviderFirst Trust
Beta0.09
CategoryBank Loan
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+1.3%
1Y
+2.0%
3Y
+18.6%
5Y
+26.2%
OpenBook InsightIf you had invested £10,000 in FTSL 5 years ago, it would have grown to £12,624 — a gain of £2,624.

Annual Returns

Calendar year performance

FTSL delivered positive returns in 3 of the last 5 calendar years.
YearFTSL
2026 YTD-0.6%
2025+6.6%
2024+8.3%
2023+11.0%
2022-2.4%
CAGR 4yr+5.7%
3/5 positive yearsAvg return: +4.6%Worst year: -2.4% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
2.4%
Low
Momentum
-0.1%
30-day change
Support Level
44.76
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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