HYLS

First Trust Tactical High Yield ETF

$39.42

-0.07 (-0.18%)

AUM $1.58B

Expense Ratio 0.69%

NAV $39.34

Holdings 356

Asset Class High Yield & Loans

Inception 02/25/2013

Provider First Trust

Top Holdings

1 LX235335 ONEDIGITAL BORROWER LLC Variable rate, due 07/02/2032 1.41% 2 LX232016 LEIA FINCO US LLC Variable rate, due 10/09/2032 0.92% 3 LX271827 NUMERICABLE US LLC SFRFP TL B14 1L USD 0.78% 4 LX227767 TRUIST INSURANCE HOLDING Variable rate, due 05/06/2032 0.58% 5 LX293804 SYNEOS HEALTH US INC SYNH TL B 1L USD 0.58% 6 LX216614 SYNEOS HEALTH US INC SYNH TL B 1L USD 0.57% 7 LX282317 GARDA WORLD SECURITY GWCN TL B 1L USD 0.51% 8 LX291101 DISCOVERY HOLDINGS INC WBD TL B 1L USD 0.43% 9 LX233939 EDELMAN FINANCIAL CENTER Variable rate, due 10/06/2028 0.41% 10 LX195131 POLARIS NEWCO LLC SLH TL B 1L USD 0.37%

Fund Description

The First Trust Tactical High Yield ETF operates as an actively managed exchange-traded fund (ETF). Its foremost objective is to generate current income, while a secondary goal involves pursuing capital appreciation. In typical market conditions, the fund allocates at least 80% of its net assets (including any funds borrowed for investment purposes) to high-yield debt instruments. These instruments are either rated below investment grade at the time of their purchase or are unrated but considered by the fund's advisor to be of equivalent quality.