FTSL is a Bond ETF from First Trust holding 282 positions as of Apr 30, 2026, with $2.3B in assets and a 0.7% net expense ratio. Its largest positions are WHATABRANDS LLC 08/03/28 (2.0%), ATHENAHEALTH GR 02/14/29 (1.8%) and IRB Holding Corp., Term Loan B (1.6%); the top 10 holdings account for 14.0% of the portfolio. It yields 6.36% on a trailing-12-month basis.
- Issuer
- First Trust
- Holdings
- 2829.5% cash, collateral & derivative positions excluded
- Net Assets
- $2.3BETF assets as of 2026-08-10
- Expense Ratio
- 0.7%per latest SEC prospectus filing
- TTM Yield
- 6.36%trailing 12-month distributions
Performance
- 1M
- +0.8%
- YTD
- +1.5%
- 1Y
- +4.0%
- 3Y (ann.)
- +6.8%
- 5Y (ann.)
- +5.2%
- 10Y (ann.)
- +4.4%
A $10,000 investment 10 years ago would be worth $15,426 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | WHATABRANDS LLC 08/03/28 | 2.04% |
| 2 | ATHENAHEALTH GR 02/14/29 | 1.80% |
| 3 | IRB Holding Corp., Term Loan B | 1.59% |
| 4 | WHITE CAP BUYER 10/19/29 | 1.30% |
| 5 | TRANSDIGM INC T 03/22/30 | 1.24% |
| 6 | TAMKO BUILDING 09/20/30 | 1.24% |
| 7 | PROOFPOINT INC 08/31/28 | 1.23% |
| 8 | QUIKRETE HOLDIN 03/19/29 | 1.18% |
| 9 | ACRISURE LLC AC 06/07/32 | 1.18% |
| 10 | Post Holdings, Inc. | 1.16% |
| 11 | HYPERION REFINA 04/18/30 | 1.11% |
| 12 | 1011778 BC ULC 09/23/30 | 1.09% |
| 13 | FILTRATION GROU 10/23/28 | 1.08% |
| 14 | MAVIS TIRE EXPR 05/04/28 | 0.98% |
| 15 | LEIA FINCO US L 07/02/31 | 0.96% |
| 16 | Opella, Term Loan | 0.94% |
| 17 | GARDA WORLD SEC 02/01/29 | 0.93% |
| 18 | SCIH SALT HOLDI 01/31/29 | 0.93% |
| 19 | ONEDIGITAL BORR 06/12/32 | 0.86% |
| 20 | BALDWIN INSURAN 05/27/31 | 0.85% |
| 21 | QXO Building Products, Inc. | 0.84% |
| 22 | CAMELOT US ACQU 01/31/31 | 0.81% |
| 23 | ARDONAGH GROUP 02/18/31 | 0.80% |
| 24 | PROJECT RUBY UL 03/10/28 | 0.80% |
| 25 | PAREXEL International Corp., Term Loan B | 0.79% |
Showing the top 25 of 282 holdings. See the full FTSL holdings list →
FTSL alternatives
The closest Bond ETFs to FTSL by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 BKLNInvesco Senior Loan ETF | 8% | 0.65%cheaper | $6.7B | Compare → |
 HYLBXtrackers USD High Yield Corporate Bond ETF | 5% | 0.05%cheaper | $3.5B | Compare → |
 HYGiShares iBoxx $ High Yield Corporate Bond ETF | 4% | 0.49%cheaper | $17.4B | Compare → |
 USHYiShares Broad USD High Yield Corporate Bond ETF | 4% | 0.08%cheaper | $28.6B | Compare → |
 SCYBSchwab High Yield Bond ETF | 4% | 0.03%cheaper | $2.8B | Compare → |
 SHYGiShares 0-5 Year High Yield Corporate Bond ETF | 3% | 0.3%cheaper | $7.6B | Compare → |
 UCONFirst Trust Smith Unconstrained Bond ETF | 1% | 0.86%pricier | $3.3B | Compare → |
| 1% | 0.36%cheaper | $27.3B | Compare → |
Frequently Asked Questions
What is FTSL's expense ratio?
FTSL has a net expense ratio of 0.7%, per its latest SEC prospectus filing. That works out to about $70 a year on a $10,000 investment.
How many holdings does FTSL have?
FTSL held 282 positions as of Apr 30, 2026, per its latest official holdings data. Cash, collateral and derivative positions (9.5% of portfolio weight) are excluded from that count.
What are FTSL's top 10 holdings?
FTSL's largest positions are WHATABRANDS LLC 08/03/28 (2.0%), ATHENAHEALTH GR 02/14/29 (1.8%), IRB Holding Corp., Term Loan B (1.6%), WHITE CAP BUYER 10/19/29 (1.3%), TRANSDIGM INC T 03/22/30 (1.2%), TAMKO BUILDING 09/20/30 (1.2%), PROOFPOINT INC 08/31/28 (1.2%), QUIKRETE HOLDIN 03/19/29 (1.2%), ACRISURE LLC AC 06/07/32 (1.2%), Post Holdings, Inc. (1.2%). Together they account for 14.0% of the portfolio.
What is FTSL's dividend yield?
FTSL yields 6.36% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is FTSL?
FTSL has $2.3B in assets as of Aug 10, 2026.
What are good alternatives to FTSL?
By portfolio overlap, the closest Bond ETFs to FTSL are BKLN (8% overlap), HYLB (5% overlap), HYG (4% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.