Description: The investment seeks current income; capital appreciation is the secondary objective. 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. It may invest up to 10% of its net assets (plus the amount of any borrowing for investment purposes) in non-U.S. securities denominated in non-U.S. currencies. The fund may invest in non-income producing securities including Distressed Securities and common stocks. It invests no more than 15% of its net assets in Distressed Securities.
Home Page: www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=HYLS
HYLS Technical AnalysisExchange: NASDAQ
Country: US
Currency: US Dollar ($)
Category: High Yield Bond
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 98.31 | 0.00 | 98.31 |
Cash | 1.58 | 0.00 | 1.58 |
Other | 0.10 | 0.00 | 0.10 |
Stock non-US | 0.00 | 0.00 | 0.00 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Japan | 0.00 | 0.00 |
Latin America | 0.00 | 0.02 |
North America | 0.00 | 97.42 |
Asia Developed | 0.00 | 0.00 |
United Kingdom | 0.00 | 0.01 |
Europe Developed | 0.00 | 2.54 |