First Trust Senior Loan ETF (FSL) concluded the trading day with positive momentum as its shares closed at $17.07, slightly up from the opening price of $17.05. Throughout the day, the ETF experienced a trading range from a low of $17.05 to a high of $17.07, showcasing modest fluctuations.
This performance marks a 0.23 percent increase from the previous day’s closing value of $17.03.
In broader market movements, major indices in North America displayed mixed results. The TSX Composite closed down by 0.30% at 22,308.93, while the S&P 500 edged up by 0.16% to 5,222.68. The Dow Jones Industrial Average also recorded gains, closing 0.32% higher at 39,512.84. Conversely, the Nasdaq Composite saw a slight dip of 0.03%, closing at 16,340.87.
On the Toronto Stock Exchange (TSX), First Trust Senior Loan ETF traded under the ticker symbol FSL.
During the latest trading session, a total of 10,900 shares exchanged hands, comprising 7 individual trades. On average, First Trust Senior Loan ETF has seen a trading volume of 2,878 shares over the past five days and 1,358 year-to-date.
Market activity on the TSX revealed 2,672 advancing stocks against 2,511 declining ones, with 117 remaining unchanged.
Over the preceding 52 weeks, FSL.TO has demonstrated a trading range of $16.68 (on May 31, 2023) to $17.13 (on March 19, 2024). Additionally, the ETF has witnessed a 1.07 percent increase over the past year, while experiencing a slight dip of -0.23% year-to-date.
Following today’s trading, First Trust Senior Loan ETF boasts a market capitalization of $0.00 with no shares outstanding. Its annual EPS remains undisclosed.
Headquartered in None, First Trust Senior Loan ETF is a company specializing in None.
The investment strategy of the First Trust Senior Loan ETF (CAD-Hedged) aims to provide Unitholders with a high level of current income by primarily investing in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. The ETF focuses on a portfolio of senior floating rate loans typically rated at or below BB Plus by Standard & Poor’s, or Ba1 or lower by Moody’s Investor Services, Inc., or an equivalent rating by an approved credit rating organization.
