About First Trust Senior Loan Fund (FTSL)

First Trust Senior Loan Fund (FTSL) is an exchange-traded fund (ETF) that provides investors with exposure to senior floating rate bank loans. The fund seeks to track the performance of the Dow Jones U.S. Select Senior Loan Index, which is comprised of senior loans made by banks and other financial institutions to companies with below-investment grade credit ratings. FTSL offers a way for investors to potentially benefit from the income potential and diversification benefits of senior loans. The ETF has a long-term track record of providing competitive returns compared to traditional fixed-income securities.

With a current market cap of around $x billion, FTSL is one of the leading ETFs in the senior loan category. The fund aims to provide income and attractive risk-adjusted returns by investing in a diversified portfolio of senior loans. As of the end of x year, the ETF had a PEG ratio of x, indicating its potential for growth relative to its valuation. In comparison to the industry, FTSL has consistently outperformed its peers, demonstrating its ability to generate strong returns for investors.