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First Trust Tactical High Yield ETF HYLS

Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis HYLS

Will HYLS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Not worth the risk.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

First Trust Tactical High Yield ETF benefits from an experienced team, but recent turnover coupled with the team’s use of leverage and its above-average risk bias mean it doesn’t stand out from peers. A previous version of this report incorrectly linked to the incorrect rating.

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Portfolio Holdings HYLS

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 18.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Instl Lqudty Trs Instl

3.28 47.1 Mil
Cash and Equivalents

SS&C Technologies, Inc. 5.5%

2.67 38.3 Mil
Corporate

United Rentals (North America), Inc. 6%

2.18 31.3 Mil
Corporate

Graham Packaging Company Inc 7.125%

2.13 30.5 Mil
Corporate

1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%

1.94 27.9 Mil
Corporate

Select Medical Corporation 6.25%

1.86 26.7 Mil
Corporate

Nexstar Escrow Inc 5.625%

1.81 26.0 Mil
Corporate

Open Text Corp 6.9%

1.62 23.3 Mil
Corporate

Cars.com Inc 6.375%

1.44 20.7 Mil
Corporate

Milano Acquisition Corp Milacq Tl 08/17/27

1.40 20.1 Mil
Corporate