Morningstar

First Trust Short Duration High Income Fund Class A FDHAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See First Trust Investment Hub
  • NAV / 1-Day Return $17.25  /  0.00
  • Fund Size $47.9M
  • Adjusted Expense Ratio 1.250%
  • Net Expense Ratio 1.260%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 6.01%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis FDHAX

Will FDHAX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FDHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First Trust Short Duration High Inc A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FDHAX

More FDHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Instl Lqudty Trs Instl

4.16 2M
Cash and Equivalents

Onedigital Borrower Llc

1.60 850,644
Corporate

Opal Us Llc

1.15 615,105
Corporate

White Cap Supply Holdings Llc

1.14 607,559
Corporate

EchoStar Corp. 10.75%

1.06 564,009
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 7%

1.05 561,205
Corporate

Garda World Security Corp

1.05 557,877
Corporate

Fair Isaac Corporation 6%

1.05 556,866
Corporate

Cloud Software Group Inc. 9%

1.01 538,383
Corporate

Raven Acquisition Holding LLC 6.875%

0.93 495,530
Corporate

Sponsor Center